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7,251,579 sqft

$299,900

8841 Highway 54, Jonesboro GA, 30238

Price per sqft$0.04
Built in1943
Property size7,251,579 sqft
Property typeCommercial

Overview

Active

New

Listed Oct 22, 2026

Updated 32h ago

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.

Additional information

MLS® ID
10877309

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Taxes
$2,555
Tax Frequency
Annually
Association Fee Frequency
Yearly

Listed with Southern Classic Realtors

Based on information from Georgia MLS as of 10/23/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2026 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed. 

Data last updated 3:52 AM UTC, 10/23/2026

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