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  • $406,000

    8511 Pineland Dr, Jonesboro, GA 30238

    6beds
    6baths
    --sqft
    Triplex, Residential Income
    Built in 1986
    -- sqft lot
    $349,100 Zestimate®
    $--/sqft
    $1,379 Estimated rent

    Home value

    $349,100

    $332,000 - $367,000

    $1,379/mo

    Zestimate® history
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    What's special

    This extensively upgraded brick triplex consists of three spacious townhome-style units, each offering 2 bedrooms and 2.5 baths — a rare and highly desirable layout that consistently attracts quality long-term tenants. The seller has completed $100,000+ of capital improvements over the past 12 months alone, including a brand-new architectural roof, full exterior lime-wash and repainting, upgraded bathrooms, new exterior doors and locksets, mechanical room improvements, water-heater upgrades, drywall repairs, fresh interior paint, and updated flooring and appliances in select units. Professionally maintained and fully occupied, the property provides a turnkey, low-maintenance investment opportunity. All three units are leased through mid-2026 with reliable, long-term tenants in place. Current rents of $1,040, $1,385, and $1,385 per month produce an annual gross income of $49,320. Based on existing income and typical operating expenses for similar multifamily assets, the property offers an in-place cap rate in the mid-6% range, with additional upside available over time. The size of the units are roughly 1260 square feet each. Given the extensive recent improvements and strong 2-bed/2.5-bath configuration, there is natural room for rent alignment at renewal as leases expire — without the need for disruptive or aggressive value-add strategies. Situated on a quiet corner lot in an established residential subdivision, the property features dedicated parking, a functional roommate-friendly layout, and convenient access to shopping, dining, and major transportation routes throughout Jonesboro and Clayton County. With major capex already completed and stable tenancy in place, this triplex represents a prime opportunity for investors seeking strong fundamentals and reliable long-term performance

    Zillow last checked:

    Listing updated:

    Listed by:

    Vincent Crane,

    Real Broker, LLC. 336-870-3981

    Bought with:

    Mitch Waldman, 379565

    Compass

    Gipson Group ATL

    Compass

    Source: FMLS GA,MLS#: 7684169MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Windows: None

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: None
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 0.37 Acres
    • Dimensions: 108x153x111x37x128
    • Features: Corner Lot
    Details
    • Parcel number: 13244B D001

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Residential Income
    Materials
    • Brick Front
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: None
    • Security: None
    • Subdivision: Marsh Harbor
    HOA
    • Has HOA: No
    Location
    • Region: Jonesboro

    Financial & listing details

    • Tax assessed value: $420,400
    • Annual tax amount: $6,378
    • Date on market: 12/3/2025
    • Cumulative days on market: 4 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/13/2026Sold$406,000+16%
    Source: FMLS GA #7684169 Report a problem
    12/9/2025Pending sale$350,000
    Source: FMLS GA #7684169 Report a problem
    12/3/2025Listed for sale$350,000+118.8%
    Source: FMLS GA #7684169 Report a problem
    5/31/2025Listing removed$1,340
    Source: Zillow Rentals Report a problem
    5/22/2025Price change$1,340+3.1%
    Source: Zillow Rentals Report a problem
    5/13/2025Price change$1,300-3%
    Source: Zillow Rentals Report a problem
    4/23/2025Price change$1,340-6.9%
    Source: Zillow Rentals Report a problem
    4/15/2025Price change$1,440-3.4%
    Source: Zillow Rentals Report a problem
    3/15/2025Price change$1,490-3.2%
    Source: Zillow Rentals Report a problem
    3/11/2025Price change$1,540-3.1%
    Source: Zillow Rentals Report a problem
    2/17/2025Price change$1,590+6.7%
    Source: Zillow Rentals Report a problem
    2/13/2025Listed for rent$1,490+56.8%
    Source: Zillow Rentals Report a problem
    9/21/2020Listing removed$950
    Source: Zillow Rental Manager Report a problem
    9/15/2020Listed for rent$950
    Source: Zillow Rental Manager Report a problem
    8/1/2019Sold$160,000-15.8%
    Source: GAMLS #8614674 Report a problem
    7/3/2019Pending sale$190,000
    Source: Pro Realty LLC #8614674 Report a problem
    7/2/2019Price change$190,000-13.6%
    Source: Pro Realty LLC #8614674 Report a problem
    6/3/2019Listed for sale$219,900
    Source: Pro Realty LLC #8555651 Report a problem
    5/21/2019Pending sale$219,900
    Source: Pro Realty LLC #8555651 Report a problem
    5/20/2019Listed for sale$219,900
    Source: Pro Realty LLC #8555651 Report a problem
    4/11/2019Pending sale$219,900
    Source: Pro Realty LLC #8555651 Report a problem
    4/2/2019Listed for sale$219,900-8.3%
    Source: Pro Realty LLC #8555651 Report a problem
    9/1/2018Listing removed$239,900
    Source: Pro Realty LLC #8397446 Report a problem
    8/29/2018Price change$239,900+9.1%
    Source: Pro Realty LLC #8397446 Report a problem
    8/29/2018Pending sale$219,900-8.3%
    Source: Pro Realty LLC #8397446 Report a problem
    8/23/2018Listed for sale$239,900
    Source: Pro Realty LLC #8397446 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,475 +1.5%$168,160 +3.4%
    2024$6,378 +28.2%$162,600 +18.9%
    2023$4,974 +55.6%$136,800 +69.8%
    2022$3,197 +24.7%$80,560 +25.9%
    2021$2,563 -1.2%$64,000
    2020$2,595 -10.9%$64,000 -63.9%
    2019$2,914 +11.8%$177,269 +179.9%
    2018$2,606 +43.7%$63,330 +44.9%
    2017$1,814 -14%$43,710 -14.3%
    2016$2,110 $50,984
    2015$2,110 +0.6%--
    2014$2,097 +15.2%$46,533
    2013$1,821 -0.7%--
    2012$1,835 -15.4%--
    2011$2,169 +8.9%--
    2010$1,992 -12.8%--
    2009$2,285 -17%--
    2008$2,753 +1.3%--
    2007$2,717 +6.5%--
    2006$2,553 +5.3%--
    2005$2,425 +11.1%--
    2003$2,183 +7.6%--
    2002$2,029 +40.6%--
    2001$1,443 --
    Find assessor info on the county website

    Neighborhood: 30238

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Swint
    • Middle: Kendrick
    • High: Jonesboro

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

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    Estimated market value
    $349,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $349,100