Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    415 Dewey St Waycross, GA 31501

    Sponsored
    For Sale
    $275,900

    Five-unit renovated apartment building

    Property size:
    6,294 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional multifamily investment opportunity presents a beautifully renovated, five-unit apartment building situated at 415 Dewey St, Waycross, GA 31501. Built in 1898 and extensively renovated in 2022, this property boasts 6,294 square feet on a 0.33-acre lot. The two-story building features five spacious units, each complete with its own kitchen, bathroom, bedroom, and individual electric AC/heater. Original hardwood floors add to the charm. Three units currently lease for $800 per month, one for $650, and a larger unit for $750, resulting in 100% occupancy. The seller covers water, trash, and gas (via a tankless water heater). Recent renovations include a complete electrical rewire upstairs, ensuring all systems are up to code. Ample parking is available. The property's prime location is just one mile from Waycross Hospital, within the desirable Cherokee Heights neighborhood. The asking price is $275,900 ($55,180 per unit, $43.84 per square foot), and the seller is offering a $2,500 closing cost concession. This is a turnkey investment with strong rental income and significant upside potential.

    Property Features for 415 Dewey St

    General Information

    Property type
    Multifamily properties
    Square Feet
    6,294 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built/Renovated
    1898/2022
    Buildings
    1
    Stories
    2
    Units
    5

    HighLights

    • Excellent location, less than one mile from Waycross Satilla Memorial Health System.
    • 100% occupancy.
    • Recently renovated and fully code‑compliant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waycross
    County
    Ware
    State
    Georgia
    Longitude
    -82.3481349
    Latitude
    31.2136764

    Nearby Similar for Sale

    • New
      $1,600,000
      7,000 SF

      Waycross Event Venue on 9 Acres

      Premier event destination with indoor and outdoor spaces on 9 acres.
      3817 Central Ave, Waycross, GA 31503
      View Details
    • $250,000
      0.91 Acres

      Waycross Commercial Property on Highway

      Large commercial property suitable for an auto repair shop.
      721 Reynolds St, Waycross, GA 31501
      View Details
    • $599,000
      2.07 Acres

      Waycross Church Property For Sale

      2.07-acre church property with sanctuary, classrooms, kitchen, and parking.
      412 Mcdonald St, Waycross, GA 31501
      View Details
    • $2,000,000
      9,091 SF

      Waycross Commercial Property on Memorial

      Versatile commercial property in Waycross, Georgia, with high visibility.
      1506 Memorial Dr, Waycross, GA 31501
      View Details
    • $800,000
      51,200 SF

      Waycross Warehouse on 6.5 Acres

      51,200 SF warehouse on 6.5 acres in Waycross, GA.
      812 Garlington Ave, Waycross, GA 31501
      View Details
    • $89,900
      2,174 SF

      Waycross Commercial Building For Sale

      Commercial building with many possibilities on Albany Avenue in Waycross.
      1202 Albany Ave, Waycross, GA 31501
      View Details
    • $825,000
      4,122 SF

      Waycross Commercial Property For Sale

      Recently renovated retail property with established business opportunity in Waycross.
      816 Memorial Dr, Waycross, GA 31501
      View Details
    • Contact for pricing
      2.19 Acres

      Versatile Shop Space Available

      Spacious shop with offices and bays for lease.
      2033 Bell St, Waycross, GA 31501
      View Details
    • $300,000
      18,628 SF

      Waycross Warehouse and Industrial Space

      18,000+ sq ft warehouse/industrial space on 5.76 acres.
      2651 Albany Ave, Waycross, GA 31503
      View Details
    • $99,900
      3,860 SF

      Downtown Waycross Commercial Investment Opportunity

      Commercial building in downtown Waycross with renovation potential.
      504 Isabella St, Waycross, GA 31501
      View Details
    • $214,900
      0.25 Acres

      Waycross Commercial Building for Sale

      12,000 SF commercial building suitable for retail, office, or medical use.
      608 Alice St, Waycross, GA 31501
      View Details
    • $850,000
      50,000 SF

      Waycross Commercial Building For Sale

      Versatile commercial building suitable for school, church, daycare, or business.
      701 Morton Ave, Waycross, GA 31501
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Five-unit renovated apartment building
    Where is this multifamily property located?
    The property is located at 415 Dewey St Waycross, GA.
    What is the asking price?
    The asking price for this property is $275,900.
    What are key features of this property?
    This property features: Excellent location, less than one mile from Waycross Satilla Memorial Health System.; 100% occupancy.; Recently renovated and fully code-compliant.
    Request Owner's contact information
    415 Dewey St Waycross, GA 31501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    415 Dewey St
    Waycross, GA 31501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    415 Dewey St Waycross, GA 31501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.