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    203 4Th St Springfield, GA 31329

    • Residential income homes
    • 0.30 lot acres
    For Sale
    View listing
    $425,000
    Value Estimation
    Location Intelligence
    Property ID
    US22-3311641
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 203 4Th St

    Year built
    1950
    Lot size
    0.30 lot acres
    Property type
    Residential income homes

    Description

    This exceptional investment opportunity presents two single-family rental homes situated on a 0.3-acre lot in Springfield, Georgia. The property, encompassing 203 and 205 E Fourth St, offers a combined 234 square feet of net rentable space and boasts a prime B-2 zoning designation. One unit, located at 203 E Fourth St, is a recently renovated 3-bedroom, 2-bathroom home featuring fresh paint, new flooring, and updated appliances, ready for immediate occupancy. The second unit, at 205 E Fourth St, is currently occupied by a tenant, providing immediate rental income. Both properties are conveniently located in downtown Springfield, just a block from Laurel St. Built in 1950, this property presents significant upside potential due to its zoning and location. The combined parcels, S1070049 and S1070050, offer a compelling investment opportunity for those seeking a strong return in a desirable location. The asking price for this multifamily property is $425,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Effingham
    State
    Georgia
    Longitude
    -81.307897955312
    Latitude
    32.366533890158

    Comparable in this City

    • Contact for pricing
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      Residential Lot in Springfield, GA

      Residential lot for sale in Springfield, Georgia.
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      Undeveloped Land on GA Highway

      7.89 acres with frontage on GA Highway 21.
      1870 Ga Highway 21 S, Springfield, GA 31329
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      10 Acres Near Springfield

      10 acres of secluded land minutes from downtown Springfield.
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    Similar Nearby for Sale

    • Contact for pricing
      150.56 Acres

      Effingham County Land Development

      150 Acres, I-1 Zoning, Prime Location
      0 Little Mccall Rd, Guyton, GA 31329
      View Details
    • $600,000

      Prime Commercial Land on GA-21

      2-acre commercial land parcel on GA-21 in Springfield, GA.
      SR-21 Hwy, Springfield, GA 31329
      View Details
    • $54,000

      Residential Lot in Springfield, GA

      Residential lot for sale in Springfield, Georgia.
      501 W 1 Ext, Springfield, GA 31329
      View Details
    • $1,495,000
      7 SF

      Undeveloped Land on GA Highway

      7.89 acres with frontage on GA Highway 21.
      1870 Ga Highway 21 S, Springfield, GA 31329
      View Details
    • $379,000
      1.61 Acres

      Prime Springfield Land - 1.61 Acres

      Agricultural & Commercial Land, Effingham County
      785 Mccall Rd, Springfield, GA 31329
      View Details
    • $139,000

      10 Acres Near Springfield

      10 acres of secluded land minutes from downtown Springfield.
      Old Tusculum Rd, Springfield, GA 31329
      View Details
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    203 4Th St
    Springfield, GA 31329
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    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
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