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For sale

855 CHEROKEE Road, Winterville, GA 30683

Listing by Mark Spain Real Estate

Beds
6
Baths
2.5
Sq ft
3,714
Lot
1.04 acres

About this home

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.

Type
Single Family Residence
Year built
1961
Price per sq ft
$108
HOA
None
Garage
—
Property tax (2026)
$5,472/yr
Listed
—
MLS #
10876517

Features

Private poolBasementSingle story

Appliances

Electric Water Heater · Refrigerator

Heating

Central · Forced Air

Cooling

Central Air · Electric

Flooring

Tile · Laminate · Hardwood · Vinyl

Lot

Level

Property details

Interior

Bedrooms on main level:
3
Fireplaces:
1
Basement:
Full, Exterior Entry, Finished
Laundry:
In Basement
Levels:
One

Exterior and lot

Lot size:
1.04 acres

Construction

Architectural style:
Brick 4 Side, Ranch
Construction materials:
Brick, Block
Roof:
Composition
Foundation:
Slab
Property condition:
Resale

Utilities

Sewer:
Septic Tank
Water source:
Public
Utilities:
Electricity Available, Cable Available, Water Available

Parking

Parking total:
5
Parking features:
Carport

Community and HOA

Subdivision:
Fred & Lois
HOA:
No
Community features:
Walk To Schools

Taxes and financial

Annual tax amount:
$5,472 (2026)

Monthly cost

Estimated monthly cost

$2,626/mo

Principal & interest
$1,970
Property taxes
$456
Home insurance
$200

$80,000

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
Nov 2, 2026Status: For sale$400,000
Oct 21, 2026Listed for sale$400,000

Schools

  • Winterville

    Elementary

  • Coile

    Middle

  • Cedar Shoals

    High

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

Location

More homes in Fred & Lois

Listing information

Listing office:
Mark Spain Real Estate
Listing ID:
10876517
Status:
For sale
Contact phone:
404-642-3198

Source: Georgia MLS · Updated 14m ago · Nov 11, 2026, 6:45 AM 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 11, 2026, 6:45 AM ET

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