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For sale

$105,000

Price cut $14,900

Est. monthly cost

$640/mo

1227 Martin Luther King Drive, Waycross, GA 31501

Listing by Honeyland Properties

Beds
3
Baths
1
Sq ft
1,033
Lot
8,712 sqft

About this home

Excellent investment opportunity with immediate income potential! This tenant-occupied property is located on Martin Luther King Jr. Drive and includes a bonus adjacent lot, offering additional value and long-term upside. The home features a functional layout with solid structure and room for improvements, making it ideal for investors looking to add value and increase returns over time. Currently tenant-occupied and generating income, providing instant cash flow from day one. Lease terms available upon request. The included bonus lot creates multiple exit strategies-expand the existing home, build an additional unit (buyer to verify), hold for appreciation, or enhance overall property value. Conveniently located near schools, shopping, and downtown Waycross, this property is well-positioned for both rental demand and future growth. Sold as-is. Great opportunity for investors seeking cash flow, land, and upside potential in one package!

Type
Single Family Residence
Year built
2018
Price per sq ft
$102
HOA
None
Garage
—
Property tax (2024)
$845/yr
Listed
—
MLS #
10727270

Features

Single story

Interior

Walk-In Closet(s)

Appliances

Range · Refrigerator

Heating

Other

Cooling

Window Unit(s)

Flooring

Other

Lot

Corner Lot

Property details

Interior

Bedrooms on main level:
3
Primary bedroom on main:
Yes
Laundry:
Other
Levels:
One

Exterior and lot

Lot size:
0.2 acres

Construction

Architectural style:
A-Frame
Construction materials:
Vinyl Siding
Roof:
Other
Property condition:
Fixer

Utilities

Sewer:
Public Sewer
Water source:
Public
Utilities:
Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Parking

Parking features:
Side/Rear Entrance

Community and HOA

HOA:
No

Taxes and financial

Annual tax amount:
$845 (2024)

Monthly cost

Estimated monthly cost

$640/mo

Principal & interest
$517
Property taxes
$70
Home insurance
$53

$21,000

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Jul 19, 2026Listed for sale$119,900

Schools

  • Wacona

    Elementary

  • Ware

    Middle

  • Ware

    High

School assignments can change — verify with the district before you buy.

Location

Listing information

Listing office:
Honeyland Properties
Listing ID:
10727270
Status:
For sale

Source: Georgia MLS · Updated 12m ago · Nov 15, 2026, 2:30 PM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 15, 2026, 2:30 PM ET

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