1197 Highway 115 Demorest, GA $ 249,900
1197 Highway 115
$ 249,900
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1197 Highway 115

Demorest, GA, 30535
$ 249,900
Baths0.0

Monthly Estimate*

$ 1,578

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Studio

Multi-Family Home for sale in Demorest, GA

for $249,900. This home was built in 1955 on a lot size of 0.5.

Unlock the potential with this unique property offering built-in opportunities for expansion and income! The finished portion of the home features 2 bedrooms and 1 bathroom, providing comfortable living from day one. An additional unfinished section is already framed and ready for your finishing touches, with the potential to create a spacious 3-bedroom, 2-bathroom living area. Whether you're looking to generate rental income, create a multi-generational living arrangement, or expand your investment portfolio, this property offers endless possibilities. Live in one side while renting the other, finish the additional space for long-term or short-term rental income, or customize it to fit your needs. With much of the groundwork already in place, this is a rare opportunity to add value and build equity while creating multiple streams of income. Don't miss your chance to transform this versatile property into the investment or dream home you've been looking for!

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Multi-Family Active

Price

$ 249,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 611

Style

Lot Size

0.5

Year Built

1955

Town/City

Demorest

County/Region

Habersham

MLS | Web ID

10809006

Features
General
Sewer Septic Tank
Heating Central
Cooling Ceiling Fan(s)
Utilities Underground Utilities
Association Fee Includes None
Construction Materials Vinyl Siding
Year Built 1955
Levels One
Property Subtype Multi Family Duplex
Tax Year 2024
Community Features None
County Habersham
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name NONE
Garage Y/N false
Status New
Directions GPS friendly- From Cornelia turn left onto Cannon Bridge. Left onto 115 at the round a bout. Property on right.
High School Habersham Central
City Demorest
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 21780
Carport Y/N false
Elementary School Fairview
Tax Annual Amount 611.46
Middle/Junior High School South Habersham
Property Condition Updated/Remodeled
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement Crawl Space
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Side/Rear Entrance
Water Source Public
Lot Size Area 21780
Lot Size Acres 0.5
Lot Size Source Public Records
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* Excluded Features

Affordability Calculator

$1,629
Per Month
97%
3%
0%
Monthly Principal & Interest
$1,578
Monthly Property Taxes
$51
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4135143 Elementary School
4134689 Middle School
Habersham Central High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2026$249,900 Listed Price

Map


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1197 Highway 115, Demorest, GA, 30535 is a Multi-Family Home for sale at $249,900 with a lot size of 0.5. 1197 Highway 115 is a studio with 0.0 baths and was built in 1955. The property's zip code is 30535 which is in Demorest, GA