Completely Rebuilt Home in
For Sale
$289,000
2433 Knox Drive, Valdosta, GA 31602
MULTI_FAMILY - Valdosta, GA
Property Size1,768 SF
Lot Size0.37 Acres
Price / SF$163.46
Days on Market206
Property Features for 2433 Knox Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 3
Interior features
Insulated
Appliances
Refrigerator, Electric Range, Dishwasher, Disposal
Subdivision
2-N of Park Ave to E Oak St (City Limits)
Standard status
Active
APN
0112C 098
Size
1,768 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
2433-2435 KNOX DR
Legal Description
2433-2435 KNOX DR
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Floors in Building
1
Flooring type
Tile, Vinyl
Building materials
Cement Siding
Roof type
Shingle
Listing Agency:
Keller Williams Realty Georgia Communities
(833) 833-1145
Listed By:
Emily Courson · License #354540
(229) 630-2014
Added: Jan 5
Changed: Jul 12
Last Checked: Jul 30 at 2:06PM
MLS# 147210
Copyright © 2026 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in a mid-town neighborhood, one block from the hospital, this property is suitable for both owner-occupants and investors. Rebuilt from the ground up in 2024, this home features 3 bedrooms and 1 bath, offering approximately 880 square feet of modern living space. All major systems have been updated, with permitted work completed through the city. The exterior includes new Hardie lap siding, an asphalt shingle roof, an insulated crawl space, and a pier and cinderblock foundation, all completed in 2024. Interior features include new plumbing, electrical, HVAC, water heater, and utilities, along with new appliances such as a range/oven, refrigerator, and stackable washer and dryer. The home is equipped with hardwired smoke and carbon monoxide alarms, smart locks on exterior doors, fiber-optic and cable wiring, and motion-sensor floodlights. Interior finishes include durable LVP flooring, solid surface countertops, and frameless laminated cabinetry and shelving in the kitchen and bathroom. The property sits on a 0.37-acre lot. The total property size is 1768 square feet.
Key Highlights
- Completely rebuilt in 2024: 3‑bedroom, 1‑bath home with approx. 880 SF
- All major systems updated in 2024 with permits, including plumbing, electrical, HVAC, and water heater
- New kitchen appliances included: refrigerator, electric range, dishwasher, and disposal
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.6k | $11.64 |
| − Vacancy | −$1.3k | −$0.72 |
| EGI | $19.3k | $10.92 |
| − OpEx | −$8.7k | −$4.91 |
| NOI | $10.6k | $6.01 |
1,768 SF · lease $11.64/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$151.7K
$132.7K – $177.0K
NOI $10,617 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$268.4K
$234.9K – $313.2K
NOI $18,789 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,381
Businesses Nearby
Explore this area
Business Placement
Demographics for 31602, GA
35,999
Population
15,201
Households
2.4
Avg Household Size
33
Median Age
32%
College-Educated
89%
High-School Grad
39.9 sq mi
ZIP Area
902
Density / Sq Mi
$55,980
Median Household Income
$34,919
Median Earnings
$1,046
Median Rent
$197,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Modern, efficient 3-bedroom home rebuilt in 2024.
Where is this single family property located?
The property is located at 2433 Knox Drive Valdosta, GA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Completely rebuilt in 2024: 3‑bedroom, 1‑bath home with approx. 880 SF; All major systems updated in 2024 with permits, including plumbing, electrical, HVAC, and water heater; New kitchen appliances included: refrigerator, electric range, dishwasher, and disposal
