Excellent investment opportunity with immediate income potential! This tenant-occupied property is located on Martin Luther King Jr. Drive and includes a bonus adjacent lot, offering additional value and long-term upside. The home features a functional layout with solid structure and room for improvements, making it ideal for investors looking to add value and increase returns over time. Currently tenant-occupied and generating income, providing instant cash flow from day one. Lease terms available upon request. The included bonus lot creates multiple exit strategies-expand the existing home, build an additional unit (buyer to verify), hold for appreciation, or enhance overall property value. Conveniently located near schools, shopping, and downtown Waycross, this property is well-positioned for both rental demand and future growth. Sold as-is. Great opportunity for investors seeking cash flow, land, and upside potential in one package!
Active
Price cut: $10K (7/17)
$105,000
1227 Martin Luther King Dr, Waycross, GA 31501
3beds
1,033sqft
:
Get pre-qualified$712/mo
Single Family Residence
Built in 2018
8,712 Square Feet Lot
$-- Zestimate®
$102/sqft
$-- HOA
What's special
Bonus adjacent lotSolid structureFunctional layout
- 118 days |
- 240 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Crystal Wright 904-504-3123,
Honeyland Properties
Source: GAMLS,MLS#: 10727270
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Rooms
- Room types: Other
Heating
- Other
Cooling
- Window Unit(s)
Appliances
- Included: Oven/Range (Combo), Refrigerator
- Laundry: Other
Features
- Walk-In Closet(s)
- Flooring: Other
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,033
- Total interior livable area: 1,033 sqft
- Finished area above ground: 1,033
- Finished area below ground: 0
Property
Parking
- Parking features: Side/Rear Entrance
Features
- Levels: One
- Stories: 1
Lot
- Size: 8,712 Square Feet
- Features: Corner Lot
Details
- Parcel number: WA0713 063
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Other
Condition
- Fixer
- New construction: No
- Year built: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Features: None
- Subdivision: None
HOA
- Has HOA: No
- Services included: None
Location
- Region: Waycross
Financial & listing details
- Price per square foot: $102/sqft
- Tax assessed value: $63,909
- Annual tax amount: $845
- Date on market: 4/7/2026
- Cumulative days on market: 118 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,228/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $105,000-8.7%$102/sqft |
Source: Scout MLS #1661113 Report a problem | ||
| 5/1/2026 | Price change | $115,000-4.1%$111/sqft |
Source:  GAMLS #10727270 Report a problem | ||
| 4/8/2026 | Listed for sale | $119,900$116/sqft |
Source: Scout MLS #1661113 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $864 +2.2% | $25,564 +4.3% |
| 2024 | $845 +90.3% | $24,512 +120.2% |
| 2023 | $444 +0.1% | $11,130 |
| 2022 | $444 +14.2% | $11,130 +23.8% |
| 2021 | $388 -0.6% | $8,990 +1.7% |
| 2020 | $391 +5.1% | $8,836 +6.1% |
| 2019 | $372 +5.3% | $8,327 +3.1% |
| 2018 | $353 +0.2% | $8,077 |
| 2017 | $352 | $8,077 |
| 2016 | $352 | $8,077 +0% |
| 2015 | $352 -0.7% | $8,076 -6% |
| 2014 | $355 -5.9% | $8,590 +0% |
| 2013 | $377 | $8,589 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | $9,042 |
| 2008 | -- | $9,042 |
| 2007 | -- | $9,042 +24.6% |
| 2006 | -- | $7,258 |
| 2005 | -- | $7,258 |
| 2004 | -- | $7,258 +33.1% |
| 2003 | -- | $5,455 |
| 2002 | -- | $5,455 |
| 2001 | -- | $5,455 |
| 2000 | -- | $5,455 |
| 1999 | -- | $5,455 |
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.Climate risks
Neighborhood: 31501
Nearby schools
GreatSchools rating
- 4/10Wacona Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 5/10Ware County Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Ware County High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Wacona
- Middle: Ware
- High: Ware
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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