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  • $249,900

    1197 Highway 115, Demorest, GA 30535

    2beds
    1baths
    --sqft
    : 
    $1,657/mo
    Get pre-qualified
    Multi Family, Duplex
    Built in 1955
    -- sqft lot
    $237,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Unlock the potential with this unique property offering built-in opportunities for expansion and income! The finished portion of the home features 2 bedrooms and 1 bathroom, providing comfortable living from day one. An additional unfinished section is already framed and ready for your finishing touches, with the potential to create a spacious 3-bedroom, 2-bathroom living area. Whether you're looking to generate rental income, create a multi-generational living arrangement, or expand your investment portfolio, this property offers endless possibilities. Live in one side while renting the other, finish the additional space for long-term or short-term rental income, or customize it to fit your needs. With much of the groundwork already in place, this is a rare opportunity to add value and build equity while creating multiple streams of income. Don't miss your chance to transform this versatile property into the investment or dream home you've been looking for!
    58 days
    235
    4

    Zillow last checked:

    Listing updated:

    Listed by:

    Amanda Stewart 706-499-1029,

    Keller Williams Lanier Partners

    Source: GAMLS,MLS#: 10809006MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      Heating
      • Central
      Cooling
      • Ceiling Fan(s)
      Features
      • Basement: Crawl Space
      • Has fireplace: No

      Property

      Parking
      • Parking features: Side/Rear Entrance
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 0.5 Acres
      Details
      • Parcel number: 023 041
      • Special conditions: Rental

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Materials
      • Vinyl Siding
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1955

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Features: None
      • Subdivision: NONE
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Demorest

      Financial & listing details

      • Tax assessed value: $151,260
      • Annual tax amount: $611
      • Date on market: 7/20/2026
      • Cumulative days on market: 58 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $237,100

        $225,000 - $249,000

        $1,196/mo

        Price history

        DateEventPrice
        7/20/2026Listed for sale$249,900
        Source: GAMLS #10809006 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,379 +125.6%$60,504 +139%
        2024$611 +20.6%$25,312 +24.8%
        2023$507 $20,276 +10.2%
        2022-- $18,396 +14.3%
        2021-- $16,092 +10.5%
        2020-- $14,564
        2019$72 $14,564 -60%
        2018$72 $36,410 +177.5%
        2017$72 +46.9%$13,120 -60%
        2016$49 +35.6%$32,800
        2015$36 -7.6%$32,800 -2.4%
        2014$39 $33,620 +150%
        2013$39 $13,448 -63.1%
        2012-- $36,450 -13.2%
        2011-- $42,010 -7.7%
        2010-- $45,490
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 30535

        Getting around

        0 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Fairview
        • Middle: South Habersham
        • High: Habersham Central

        Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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