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  • Price cut: $150K (5/12)
    $2,050,000

    878 Hospital Rd, Commerce, GA 30529

    --beds
    --baths
    --sqft
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    Multi Family, Townhouse
    Built in 2002
    -- sqft lot
    $1,945,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Preston Court is a 10-unit townhome community built in 2002, featuring spacious 3-bedroom, 2-bath units within a gated setting. This is a rare opportunity to acquire a well-maintained, highly desirable asset with strong fundamentals and long-term durability. Preston Court represents a legacy-type asset with a strong combination of location, product type, and performance-ideal for investors seeking stable cash flow with future upside in a high-growth corridor. The property is currently 100% occupied with average rents of approximately $1,595, offering immediate in-place cash flow and operational stability. The townhome-style layout and unit mix continue to perform well with residents, supporting consistent demand and retention. Located in Jackson County, one of the fastest-growing areas in Georgia, the submarket has experienced approximately 35% population growth since 2020-ranking as the second fastest-growing county out of 159 statewide. This growth continues to drive housing demand and supports long-term rent growth potential. Buyers should be prepared to submit a Letter of Intent (LOI) prior to execution of a Purchase and Sale Agreement. LOI should outline key terms including purchase price, earnest money, due diligence period, closing timeline, and any requested closing cost allocations. Offering Memorandum, rent roll, T12, and additional due diligence materials are available upon request. Out of respect for tenant privacy, please do not disturb tenants.
    50 days
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    250
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    28
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    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Quesinberry 678-617-0076,

    Cornerstone Real Estate Partners

    Source: GAMLS,MLS#: 10737561MLS Logo

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      Facts & features

      Interior

      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Features
      • Basement: None
      • Has fireplace: No

      Property

      Parking
      • Total spaces: 2
      • Parking features: Over 1 Space per Unit
      Features
      • Levels: Two
      • Stories: 2
      • Body of water: None
      Lot
      • Size: 2 Acres
      Details
      • Parcel number: 021 003C

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Townhouse
      Materials
      • Wood Siding
      Condition
      • Resale
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Individual Meters, Water Individual Meters

      Community & HOA

      Community
      • Features: Gated
      • Subdivision: NONE
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Commerce

      Financial & listing details

      • Tax assessed value: $1,393,000
      • Annual tax amount: $14,881
      • Date on market: 4/21/2026
      • Cumulative days on market: 51 days
      • Listing agreement: Exclusive Agency
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        Estimated market value

        $1,945,900

        $1.85M - $2.04M

        $1,894/mo

        Price history

        DateEventPrice
        5/12/2026Price change$2,050,000-6.8%
        Source: FMLS GA #7752601 Report a problem
        4/21/2026Listed for sale$2,200,000+35.4%
        Source: FMLS GA #7752601 Report a problem
        12/22/2021Sold$1,625,000+115.9%
        Source: Public Record Report a problem
        3/31/2017Sold$752,500+3.8%
        Source: Public Record Report a problem
        3/31/2015Sold$725,000+811.9%
        Source: Public Record Report a problem
        2/2/2015Listing removed$895
        Source: KDD PROPERTY MANAGEMENT, LLC #07279469 Report a problem
        11/2/2014Listing removed$79,500
        Source: Keller Williams Realty Lanier Partners #07326112 Report a problem
        10/5/2014Price change$895-5.8%
        Source: KDD PROPERTY MANAGEMENT, LLC #07279469 Report a problem
        8/26/2014Listed for sale$79,500
        Source: Keller Williams Realty Lanier Partners #07326112 Report a problem
        6/24/2014Listed for rent$950
        Source: KDD PROPERTY MANAGEMENT, LLC #07279469 Report a problem
        6/4/2014Listing removed$79,500
        Source: REALTIES-USA #5239461 Report a problem
        4/30/2014Price change$79,500-11.6%
        Source: REALTIES-USA #5239461 Report a problem
        4/18/2014Price change$89,900-10%
        Source: REALTIES-USA #5239461 Report a problem
        1/16/2014Listed for sale$99,900-64.9%
        Source: REALTIES-USA #5239461 Report a problem
        7/2/2013Sold$285,000-69.7%
        Source: Public Record Report a problem
        12/17/2004Sold$940,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,766 -11.3%$557,200
        2024$15,525 +13.1%$557,200 +13.8%
        2023$13,724 +9.9%$489,600 +27.2%
        2022$12,484 -1.9%$385,000
        2021$12,731 +0.8%$385,000 +12%
        2020$12,631 +0.9%$343,600
        2019$12,522 +12.2%$343,600 +4.9%
        2018$11,165 +2.2%$327,400 +11.7%
        2017$10,922 +0.5%$293,046
        2016$10,870 +0.6%$293,046
        2015$10,808 -3.3%$293,046 +33.3%
        2014$11,172 +32.2%$219,842 +1.7%
        2013$8,448 $216,098
        2012-- --
        2011-- --
        2010-- --

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          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.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 30529

          Getting around

          6 / 100
          Car-Dependent
          10 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Commerce
          • Middle: Commerce
          • High: Commerce

          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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