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$200,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
  • Updated 4 days ago
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5-Property Rental Portfolio - four homes and vacant lot to build on. Current rents total $2,400 per month ($28,800 annually), reflecting approximately a 14.4% gross cap rate at the $200,000 asking price. Cap rate is based on current rents and does not include expenses. Rent roll available upon request. Excellent opportunity to acquire a cash-flowing investment portfolio consisting of four tenant-occupied homes plus an additional vacant lot with future development potential.

Full Property Details for 233 Mlk Jr Dr

General

  • Price: $200,000
  • Taxes: $400 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: GAMLS_Atlanta
  • MLS ID: 10709359
  • Updated: 3/12/2026
  • Added to Site: 5 day(s) ago

Rooms

Bedrooms

  • Total Bedrooms: 7

Parking

  • Parking Features: Off-Street

Location

  • County: Turner
  • Driving Directions: GPS

School Information

  • Elementary School: Other
  • Middle School: Other
  • High School: Turner

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Water/Sewer: Public Sewer
  • Utility Description: Electricity Individual Meters

Structural Information

  • Construction Status: Resale
  • Basement Desc.: None
  • Stories/Levels: One
  • Year Built: 1985

Unit Information

Unit 1

  • Unit Description: Range/Oven, Refrigerator
  • Square Feet: 832
  • Bedrooms: 7

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Size Range: .34
  • Lot Size Source: Public Records

Financial Considerations

  • Tax Amount: $400
  • Tax Year: 2025

Listing Courtesy of: RE/MAX Realty Team

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Listing agent

— 233 Mlk Jr Dr —

  • RE/MAX Realty Team

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 233 Mlk Jr Dr

School District:Turner County School District
NameGradesDistance
Turner County Elementary School
705 Hudson Avenue, Ashburn, GA 31714
PK-51 mi
Turner County Middle School
316 Lamar Street, Ashburn, GA 31714
6-80.8 mi
Turner County High School
316 Lamar Street, Ashburn, GA 31714
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 233 Mlk Jr Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2026
Listed
$200,000
640.74%
MLS
8/23/2018
Sold
$27,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 233 Mlk Jr Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,402
55%
$36,475
73%
2023
$904
—
$21,070
—
2022
$904
—
$21,070
—
2021
$905
—
$21,070
—
2020
$906
44%
$21,070
44%
2019
$631
—
$14,675
—
2018
$631
-11%
$14,675
-11%
2017
$708
—
$16,475
—
2016
$710
—
$16,475
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listing Courtesy of: RE/MAX Realty Team

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233 Mlk Jr Dr, Ashburn, GA 31714 (MLS# 10709359) is a Multi-Family property with 4 units containing 7 bedrooms and 0 full bathrooms. 233 Mlk Jr Dr is currently listed for $200,000 and was received on March 12, 2026. Want to learn more about 233 Mlk Jr Dr? Do you have questions about finding other Multi-Family real estate for sale in Ashburn? You can browse all Ashburn real estate or contact a Coldwell Banker agent to request more information.

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