Multifamily Property with Studio
For Sale
$299,900
8841 Highway 54, Jonesboro, GA 30238
Commercial Sale, Jonesboro, GA
Property Size7,251,579 SF
Lot Size0.28 Acres
Price / SF$0.04
Days on Market14
Property Features for 8841 Highway 54
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
City Lot, Level
Directions
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Standard status
Active
APN
05242B D001
Size
7,251,579 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2555
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1943
Building materials
Wood Siding
Listing Agency:
Southern Classic Realtors
(678) 635-8877
Listed By:
Kate Hayfer
(678) 628-5283
Added: Oct 10
Changed: Oct 22
Last Checked: Oct 23 at 3:06PM
MLS# 10877309
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Set on 0.28 acres along Highway 54, this multifamily property consists of two buildings. One includes a two-bedroom, two-bathroom apartment with kitchen and bathroom work nearly finished; drywall, window, flooring, and cleanup work remains. The second building is arranged for two one-bedroom apartments and four studios, with portions still unfinished and ready for renovation. Some kitchen and bathroom improvements have been completed in that building.
A sprinkler system has been installed in the second building, with fire department water access at the front of the property. The property was built in 1943 and has wood siding, heat-pump heating, central air, a parking lot, public water, and public sewer.
A sprinkler system has been installed in the second building, with fire department water access at the front of the property. The property was built in 1943 and has wood siding, heat-pump heating, central air, a parking lot, public water, and public sewer.
Key Highlights
- Two buildings with seven planned apartments: one 2‑bedroom unit, two 1‑bedroom units, and four studios
- 0.28‑acre property at 8841 Highway 54, Jonesboro, GA 30238
- Installed sprinkler system in the second building and fire department water access at the property front
Property Analytics
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Lease Details
7
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
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Business Placement
Demographics for 30238, GA
41,617
Population
14,899
Households
2.8
Avg Household Size
34
Median Age
21%
College-Educated
85%
High-School Grad
17.3 sq mi
ZIP Area
2,406
Density / Sq Mi
$60,232
Median Household Income
$35,384
Median Earnings
$1,438
Median Rent
$208,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings contain a mix of studio, one-bedroom, and two-bedroom apartments in varying stages of renovation.
Where is this apartment building located?
The property is located at 8841 Highway 54 Jonesboro, GA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two buildings with seven planned apartments: one 2‑bedroom unit, two 1‑bedroom units, and four studios; 0.28‑acre property at 8841 Highway 54, Jonesboro, GA 30238; Installed sprinkler system in the second building and fire department water access at the property front
