Blustone RealtyBrokered by Virtual Properties Realty · (770) 495-5050
FMLS IDXActive
For Sale

8841 Highway 54, Jonesboro, GA 30238

$299,900

$130 per sq ft (computed from list price and building area in the listing data)

MLS# 7857937 · Listing Courtesy Of: Southern Classic Realtors
Listing Contact: 678-635-8877

Facts

Mixed UseProperty type
2,304 sq ftBuilding area
0.28 acresLot
1943Year built
CZoning
2Buildings
12Days on market
ResidentialBusiness type
$2,555 (2024)Annual taxes

About this property

EXCEPTIONAL BOARDING HOUSE INVESTMENT OPPORTUNITY! This property features two buildings with significant rental income potential and substantial upside once renovations are complete. BUILDING ONE: A partially renovated 2-bedroom, 2-bathroom unit. The kitchen and bathroom renovations are nearly complete, with remaining work including drywall repairs, window repairs, potential flooring replacement, and general cleanup. BUILDING TWO: Configured for two 1-bedroom, 1-bathroom apartments and four studio apartments. The building features a newly installed sprinkler system with fire department water access at the front of the property. Some kitchen and bathroom renovations have been completed, while much of the building remains down to the studs, offering an opportunity to customize the space during renovation. With substantial renovation potential and multiple units to bring online, this property presents an excellent opportunity for investors seeking to maximize rental income and long-term value.

Map

Open this location in OpenStreetMap · Map data © OpenStreetMap contributors.

Similar commercial listings in Jonesboro

Listing data last updated: Oct 30, 2026, 2:45 AM

Ask about this property

Your details go only to Satish — no spam, no obligation.