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Eight-Unit Apartment Building
For Sale
$749,995

890 E Cherry Street, Jesup, GA 31546

Commercial Sale, Jesup, GA

Property Size3,880 SF
Lot Size0.96 Acres
Price / SF$193.30
Days on Market96

Property Features for 890 E Cherry Street

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 16
Bathrooms 1
Full bathrooms 8
Rooms Bedroom 1, Bedroom 9, Bedroom 15, Bedroom 7, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 5, Bedroom 13, Bedroom 12, Bathroom 8, Bedroom 14, Bedroom 6, Bedroom 5, Bathroom 2, Bathroom 6, Bedroom 2, Bedroom 11, Bedroom 8, Bedroom 10, Bathroom 7, Bathroom 1, Bathroom 4, Bedroom 16
Parking 2
Directions From Waycross: Take Hwy 84 to Jesup, right on E Cherry St, property on right From Brunswick: Take Hwy 341 to Jesup, Hwy 341 becomes E Cherry St, property on left
Subdivision WA: Wayne County
Standard status Active
APN J21-61
Size 3,880 SF
Lot size 0.96 Acres

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Amenities

laundry room

Building Details

Year built 1996
Floors in Building 2
Number of units 8
Flooring type Wood, Vinyl, Tile - Ceramic
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: South + East Properties
Listed By: Dusty Sweat · License #391569
Added: Jun 17 Changed: Sep 14 Last Checked: Sep 20 at 3:06AM
MLS# 2000717

Copyright © 2026 Golden Isles Association of REALTORS. 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.

This 8-unit apartment building contains 3,880 square feet on a 0.96-acre site and was built in 1996. Each residence is configured with 2 bedrooms and 1 bathroom, along with a full kitchen and laundry room. Seven units are occupied, while the eighth has recently become available for rent. Interior finishes include ceramic tile, wood, and vinyl flooring, with central electric heating and central air conditioning.

The property has received several recent improvements. New HVAC units were installed in 2023, followed by replacement decks, stairs, and landings in 2024. Two units were substantially updated in 2025 with new flooring, wall and ceiling paint, light fixtures, and door hardware. The building has vinyl siding, an asphalt roof, public water, and public sewer.

Key Highlights

  • 8 units, each with 2 bedrooms and 1 bathroom
  • 3,880 square feet on a 0.96‑acre site
  • 7 units currently rented; 8th unit recently vacated and for rent

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby

Demographics for 31546, GA

6,771
Population
3,055
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
84%
High-School Grad
151.2 sq mi
ZIP Area
45
Density / Sq Mi
$65,065
Median Household Income
$47,628
Median Earnings
$858
Median Rent
$188,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Recent HVAC, exterior access improvements, and renovated interiors support the existing multifamily layout.
Where is this apartment building located?
The property is located at 890 E Cherry Street Jesup, GA.
What is the asking price?
The asking price for this property is $749,995.
What are key features of this property?
This property features: 8 units, each with 2 bedrooms and 1 bathroom; 3,880 square feet on a 0.96‑acre site; 7 units currently rented; 8th unit recently vacated and for rent
More about this property
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