5-Property Rental Portfolio - four homes and vacant lot to build on. Current rents total $2,400 per month ($28,800 annually), reflecting gross cap rate of 17%+. Cap rate is based on current rents and does not include expenses. Rent roll available upon request. Excellent opportunity to acquire a cash-flowing investment portfolio consisting of four tenant-occupied homes plus an additional vacant lot with future development potential.
Closed
$140,000
233 Martin Luther King Jr Dr, Ashburn, GA 31714
7beds
4baths
--sqft
Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$--/sqft
$916 Estimated rent
Home value
Not available
Estimated sales range
Not available
$916/mo
Zestimate® history
Owner options
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$916/mo
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$916/mo
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$937/mo
Est. payment
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$937/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Tressie Harrison 478-410-1603,
RE/MAX Realty Team
Bought with:
Kim Brownlee, 179460
Keller Williams Georgia Communities
Source: GAMLS,MLS#: 10709359
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.34 Acres
Details
- Parcel number: A09 120A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
- Foundation: Slab
Condition
- Resale
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Individual Meters
Community & HOA
Community
- Features: None
- Subdivision: None
HOA
- Has HOA: No
- Services included: None
Location
- Region: Ashburn
Financial & listing details
- Tax assessed value: $104,196
- Annual tax amount: $400
- Date on market: 3/12/2026
- Cumulative days on market: 43 days
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Sold | $140,000-15.2% |
Source:  GAMLS #10709359 Report a problem | ||
| 3/22/2026 | Price change | $165,000-17.5% |
Source: GAMLS #10709359 Report a problem | ||
| 3/13/2026 | Listed for sale | $200,000+640.7% |
Source: GAMLS #10709359 Report a problem | ||
| 8/23/2018 | Sold | $27,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,361 +4.2% | $41,678 +14.3% |
| 2024 | $1,306 +44.5% | $36,475 +73.1% |
| 2023 | $904 | $21,070 |
| 2022 | $904 -0.1% | $21,070 |
| 2021 | $905 +43.4% | $21,070 +43.6% |
| 2020 | $631 +35.9% | $14,675 |
| 2019 | $464 -26.4% | $14,675 |
| 2018 | $631 -10.9% | $14,675 -10.9% |
| 2017 | $708 -0.2% | $16,475 |
| 2016 | $710 | $16,475 |
Find assessor info on the county website
Neighborhood: 31714
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Nearby schools
GreatSchools rating
- 2/10Turner County Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10Turner County Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Turner County High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- High: Turner
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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- Georgia
- Turner County
- Ashburn
- 31714
- 233 Martin Luther King Jr Dr
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