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116 Ivey Street Richmond Hill, GA $ 525,000
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$ 525,000 Get more info
116 Ivey Street
$ 525,000
Back to search
Share Save

116 Ivey Street

Richmond Hill, GA, 31324
$ 525,000
Bedrooms7 Baths3.0 Sq 3,982

Monthly Estimate*

$ 3,233

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Multi-Family Home for sale in Richmond Hill, GA

for $525,000 with 7 bedrooms and 3 full baths. This 3,982 square foot home was built in 1940 on a lot size of 0.29.

Exceptional Investment Opportunity –Richmond Hill Triplex w/ As Is Monthly rental potential $4395-good cash flow Seize this rare opportunity to own a well-maintained, income-producing triplex in the heart of Richmond Hill! This versatile property features two 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, offering ample living space for tenants. The seller has invested over $55,000 in recent upgrades, including new HVAC systems and plumbing enhancements, ensuring long-term reliability and added value. There’s also potential to further increase rental income and equity with additional updates, making this a savvy investment. Prime Location: Conveniently located near Highway 17 and I-95, tenants enjoy easy access to shopping, dining, and top-rated schools, making this property highly desirable. This is more than just an investment—it's a chance to own a piece of Richmond Hill’s rich history while securing strong rental income in one of Georgia’s most sought-after communities.

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Multi-Family Active

Price

$ 525,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Bungalow

Lot Size

0.29

Year Built

1940

Town/City

Richmond Hill

County/Region

Bryan

MLS | Web ID

SA327755
Features
General
Living Area 3982.0
Heating Central Electric
Cooling Central Air Electric Other Window Unit(s)
Possession Closing
Appliances Electric Water Heater
Zoning CITY
Patio/Porch Features Front Porch
Architectural Style Bungalow
Year Built 1940
Property Subtype Triplex
Parcel Number 0532-141
County Bryan
New Construction N
Property Type Residential Income
In City Limits? (Y/N) N
HOA N
Attached Garage N
Subdivision Name Richmond Hill
Garage Y/N N
Full Baths 3
Status Active
Directions From Ford Avenue turn right onto Ivey Street and tri-plex is on the right.
City Richmond Hill
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 12632.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Showing Instructions Appointment-Only ShowingTime
Home Warranty Y/N N
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/sav/327755 https://www.propertypanorama.com/instaview/sav/327755
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 26
Ownership Type Investor
Property Sub Type Additional Triplex
Expected Active Date 2025-03-19
Legal Description LOT 26 R HILL VILLAGE PBB/227
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Interior
Basement None
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features Washer Hookup Dryer Hookup
Total Bedrooms 7
Main Level Bathrooms 0
Total Baths 3
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Exterior
Parking Features Off Street Parking Lot
Water Source Public
Lot Size Area 0.29
Spa N
Lot Size Acres 0.29
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Kathleen Linzey

Listing Agent

Realty One Group Inclusion

Broker

klinzey@roginclusion.com

Email

Affordability Calculator

$3,233
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/31/2025$525,000 Listed Price

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116 Ivey Street, Richmond Hill, GA, 31324 is a Multi-Family Home for sale at $525,000 with 3,982 sqft and a lot size of 0.29. 116 Ivey Street has 7 bedrooms, 3.0 baths, and was built in 1940. The property's zip code is 31324 which is in Richmond Hill, GA

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