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Coming soon 11/20
  • $400,000

    855 Cherokee Rd, Winterville, GA 30683

    6beds
    3,714sqft
    : 
    $2,579/mo
    Get pre-qualified
    Single Family Residence
    Built in 1961
    1.04 Acres Lot
    $386,900 Zestimate®
    $108/sqft
    $-- HOA

    What's special

    Presenting a turnkey, income-producing investment opportunity at 855 Cherokee Road in Winterville. This low-maintenance, 4-sided brick ranch, situated on a generous 1.04-acre lot with no HOA restrictions, offers immediate and stable cash flow for your portfolio. The property features a proven track record of rental success, anchored by a highly reliable tenant who has been in place for six years. Generating $2,600 per month in gross rent with the tenant covering all utilities, this asset ensures maximized net operating income, minimal overhead, and zero immediate vacancy risk. Beyond the impressive financials, the property is built for long-term durability and ease of management. Originally constructed in 1961 with an effective year built of 2000, the home minimizes immediate capital expenditure concerns for the next owner. The interior boasts attractive features that consistently drive high tenant retention, including hardwood floors, a cozy fireplace, and reliable central heating and air conditioning. Furthermore, the outdoor living spaces, such as a spacious patio and a covered front porch, provide the suburban comfort and privacy that premium renters demand. The expansive layout also offers incredible flexibility and future value-add potential. With 6 total bedrooms and 2.5 baths, the home easily accommodates large households. Crucially for investors, the completely finished basement includes a convenient kitchenette, making it an ideal setup for an in-law suite, guest quarters, or even a potential secondary rental unit to maximize future yields should the current tenant ever vacate. This unique combination of a massive footprint, robust structural condition, and guaranteed day-one income makes it a standout addition to any real estate portfolio.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Spain 4046423198,

    Mark Spain Real Estate,

    John Rolader 404-642-3198,

    Mark Spain Real Estate

    Source: GAMLS,MLS#: 10876517MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 3
      Rooms
      • Room types: Bonus Room
      Heating
      • Central, Forced Air
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Water Heater, Refrigerator
      • Laundry: In Basement
      Features
      • Flooring: Tile, Laminate, Hardwood, Vinyl
      • Basement: Full,Exterior Entry,Finished
      • Attic: Pull Down Stairs
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 3,714
      • Total interior livable area: 3,714 sqft
      • Finished area above ground: 3,714
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 5
      • Parking features: Carport
      • Has carport: Yes
      Features
      • Levels: One
      • Stories: 1
      • Has private pool: Yes
      • Pool features: Above Ground
      Lot
      • Size: 1.04 Acres
      • Features: Level
      Details
      • Parcel number: 283C3 006

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Brick 4 Side,Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick, Block
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1961

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Available, Cable Available, Water Available

      Community & HOA

      Community
      • Features: Walk To Schools
      • Subdivision: Fred & Lois
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Winterville

      Financial & listing details

      • Price per square foot: $108/sqft
      • Tax assessed value: $402,990
      • Annual tax amount: $5,472
      • Date on market: 11/20/2026
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        $386,900

        $356,000 - $418,000

        $2,666/mo

        Price history

        DateEventPrice
        9/24/2024Listing removed$289,000+1.4%$78/sqft
        Source: Hive MLS #982746 Report a problem
        12/1/2022Listing removed--
        Source: Hive MLS #982746 Report a problem
        9/24/2021Sold$284,900-1.4%$77/sqft
        Source: Hive MLS #CM982746 Report a problem
        8/14/2021Pending sale$289,000$78/sqft
        Source: Hive MLS #982746 Report a problem
        7/21/2021Listed for sale$289,000+109.4%$78/sqft
        Source: Hive MLS #982746 Report a problem
        8/28/2019Sold$138,000-8%$37/sqft
        Source: Hive MLS #CM969161 Report a problem
        5/20/2019Listed for sale$150,000$40/sqft
        Source: Give Back Real Estate #969161 Report a problem
        9/15/2018Listing removed$150,000$40/sqft
        Source: Give Back Real Estate, LLC #8324032 Report a problem
        9/14/2018Listed for sale$150,000$40/sqft
        Source: Give Back Real Estate, LLC #8324032 Report a problem
        6/15/2018Pending sale$150,000$40/sqft
        Source: Give Back Real Estate, LLC #8324032 Report a problem
        5/16/2018Price change$150,000-9.1%$40/sqft
        Source: Give Back Real Estate #960486 Report a problem
        2/9/2018Listed for sale$165,000+83.3%$44/sqft
        Source: Give Back Real Estate #960486 Report a problem
        3/12/2017Listing removed$1,375
        Source: Top Performing Properties Report a problem
        2/20/2017Listed for rent$1,375+5.8%
        Source: Top Performing Properties Report a problem
        12/23/2015Sold$90,000-35.7%$24/sqft
        Source: Public Record Report a problem
        11/14/2015Listing removed$1,300
        Source: Top Performing Properties Report a problem
        11/10/2015Listed for rent$1,300
        Source: Top Performing Properties Report a problem
        6/29/2015Price change$139,900-4.8%$38/sqft
        Source: Jennifer Wenner Realty #940221 Report a problem
        5/27/2015Listed for sale$147,000+488%$40/sqft
        Source: Jennifer Wenner Realty #940221 Report a problem
        9/6/2005Sold$25,000$7/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,473 +4.4%$161,196 +5.1%
        2024$5,240 +5.3%$153,435 +5.3%
        2023$4,978 +25.5%$145,766 +18.7%
        2022$3,966 +71.5%$122,758 +94.3%
        2021$2,312 +13.7%$63,174 +6%
        2020$2,034 +20.2%$59,605 +29.8%
        2019$1,692 -2.2%$45,923 -2.2%
        2018$1,730 +9.5%$46,953 -0.4%
        2017$1,580 -9%$47,120 -2.2%
        2016$1,736 +30.9%$48,188 -0.1%
        2015$1,327 -25.5%$48,235 +2.6%
        2014$1,780 $47,033
        2013-- --
        2012-- --
        2011-- --
        2010-- --
        2009-- --
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        2000$986 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 30683

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Winterville
        • Middle: Coile
        • High: Cedar Shoals

        Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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