Investor Special in the heart of Macon! Don't miss this rare 5-unit income-producing property situated on a .18-acre lot in an established area with strong rental demand. This multi-unit opportunity features 5 total units, with 3 currently leased and generating income and 2 vacant units ready for renovation, value-add improvements, or new tenants at market rent. Whether you're looking to expand your portfolio or step into multi-family investing, this property offers immediate cash flow with upside potential. Conveniently located near downtown Macon, shopping, dining, and major roadways, tenants enjoy easy access to local amenities. With the right vision, this property can deliver solid returns and long-term appreciation. Sold as-is. Excellent opportunity for savvy investors seeking income and growth potential. Call agent for more info!
Active
$364,900
2702 Cherokee Ave, Macon, GA 31204
--beds
--baths
--sqft
Multi Family
Built in 1900
-- sqft lot
$349,600 Zestimate®
$--/sqft
$-- HOA
What's special
- 176 days |
- 88 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Tommy Allen Jr. 678-283-1407,
Jason Mitchell Real Estate Georgia
Source: GAMLS,MLS#: 10700904
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Other, Window Unit(s)
Appliances
- Laundry: In Unit
Features
- Basement: Finished,Full
- Has fireplace: No
Property
Parking
- Parking features: Parking Pad, Side/Rear Entrance
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: O0740308
- Special conditions: As Is,Investor Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Block
Condition
- Resale
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Billing Prorated, Gas Billing Prorated, Sewer Connected, Water Billing Prorated
Community & HOA
Community
- Features: None
- Subdivision: Cherokee Heights
HOA
- Has HOA: No
- Services included: None
Location
- Region: Macon
Financial & listing details
- Tax assessed value: $157,831
- Annual tax amount: $2,323
- Date on market: 3/1/2026
- Cumulative days on market: 176 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
Estimated market value
$349,600
$332,000 - $367,000
$1,107/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Price change | $364,900-1.4% |
Source:  GAMLS #10700904 Report a problem | ||
| 5/9/2026 | Price change | $369,900-7.5% |
Source: GAMLS #10700904 Report a problem | ||
| 4/11/2026 | Price change | $399,900-7% |
Source: GAMLS #10700904 Report a problem | ||
| 3/2/2026 | Listed for sale | $429,900+79.1% |
Source: GAMLS #10700904 Report a problem | ||
| 9/18/2023 | Listing removed | -- |
Source:  FMLS GA #6914262 Report a problem | ||
| 9/17/2021 | Sold | $240,000-2% |
Source: FMLS GA #6914262 Report a problem | ||
| 8/2/2021 | Pending sale | $244,999 |
Source: GAMLS #9013780 Report a problem | ||
| 8/2/2021 | Contingent | $244,999 |
Source: GAMLS #9013780 Report a problem | ||
| 7/22/2021 | Price change | $244,999-2% |
Source: FMLS GA #6914262 Report a problem | ||
| 7/13/2021 | Listed for sale | $249,999+61.3% |
Source: FMLS GA #6914262 Report a problem | ||
| 3/25/2021 | Sold | $155,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,293 -1.3% | $63,132 |
| 2024 | $2,323 -3.2% | $63,132 |
| 2023 | $2,401 -18.5% | $63,132 +70.8% |
| 2022 | $2,946 +193.9% | $36,955 +40.1% |
| 2021 | $1,002 -2.1% | $26,375 |
| 2020 | $1,024 -0.8% | $26,375 |
| 2019 | $1,032 +4.5% | $26,375 |
| 2018 | $988 -49.1% | $26,375 |
| 2017 | $1,941 +31% | $26,375 |
| 2016 | $1,482 +8.3% | $26,375 |
| 2015 | $1,369 -7.9% | $26,375 |
| 2014 | $1,485 +50% | $26,375 -62.8% |
| 2009 | $990 -30.4% | $70,985 -16.5% |
| 2008 | $1,424 -2.3% | $85,000 |
| 2007 | $1,458 +6.2% | $85,000 +150% |
| 2006 | $1,373 | $34,000 |
| 2005 | $1,373 | $34,000 |
| 2004 | -- | $34,000 |
| 2003 | -- | $34,000 +1.7% |
| 2002 | -- | $33,440 |
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: 31204
Nearby schools
GreatSchools rating
- 2/10John Robert Lewis Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 7/10Miller Magnet Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Central High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Middle: Miller Magnet
- High: 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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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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