Listing provided courtesy of South + East Properties- MLS# 10720473MLS ProviderContact Information: 229-412-1983

371 Cherokee AvenueWaycross, GA 31501

Single Family · 12 Beds · 8 Full Baths · 4,800 Sq. ft. | 0.94 Acres
$650,000 Under Contract

371 Cherokee Avenue Overview

Time on Site:
92 days
Visits:
1

Don't miss this rare opportunity to own two brand-new duplexes featuring a total of four leased units, each offering 3 bedrooms, 2 bathrooms, and 1200 sf each! All four units are currently leased/occupied. The four units are 371, 373, 387, and 389 Cherokee Ave in Waycross, GA. Thoughtfully designed and built for durability, these properties combine modern finishes with low-maintenance construction, ideal for long-term investment success. Each unit showcases quality craftsmanship throughout, including custom cabinetry, granite countertops, and upgraded fixtures, along with tile flooring in kitchens, baths, and laundry areas and durable LVP flooring throughout the remaining living spaces. Spacious layouts also feature custom-built closets and energy-efficient spray foam insulation in both the walls and attic for added comfort and cost savings. The exterior is designed to stand the test of time with vinyl siding and a metal roof, while each unit includes its own private parking area finished with asphalt millings over geo-textile fabric which is built to last. Professionally completed landscaping enhances curb appeal and minimizes upkeep. Income-producing from day one-all four units are currently leased at $1,950 per unit, per month (utilities included) offering immediate upside potential. Whether you're looking to expand your portfolio or secure a high-performing asset, this property offers strong rental income, modern construction, and long-term value. Opportunities like this don't come around often so schedule your showing today!

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371 Cherokee Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 4,800
  • Price/Sq.ft. $135
  • Lot 0.94 Acres

Details

General

Association/HOA

  • Association Fee: 0
  • Association Fee Includes: None
  • Association: No

School Information

  • Elementary School: Wacona
  • Middle Or Junior School: Ware
  • High School: Ware

Green Features

  • Green Energy Efficient: Insulation

Building Information

  • New Construction: Yes
  • Year Built: 2026

Location/Region

  • Country: US
  • County Or Parish: Ware
  • Subdivision Name: None

Building Exterior/Construction

  • Total Number Of Slips: 0

Community/Development

  • Community Features: None

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: 397
  • Tax Year: 2025

General Information

  • Parcel Number: PARENT PARCEL 051B04 004
  • Property Condition: New Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Building Information

  • Below Grade Unfinished: 0

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full Lower: 0
  • Bathrooms Half Lower: 0
  • Bedrooms Lower: 0
  • Bathrooms Full: 8
  • Bathrooms Half: 0
  • Bathrooms Total: 8
  • Bedrooms Total: 12
  • Bathrooms Total Decimal: 8

Building Interior

  • Above Grade Finished Area: 4800
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Owner
  • Building Area Total: 4800
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Basement: None
  • Common Walls: 1 Common Wall
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Tile, Vinyl
  • Foundation Details: Slab
  • Interior Features: Tile Bath
  • Laundry Features: Other
  • Levels: One
  • Living Area: 4800
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 8
  • Main Level Bedrooms: 12

Exterior

Parking Information

  • Parking Features: Assigned
  • Parking Total: 2

Lot Information

  • Lot Features: Level, Open Lot
  • Lot Size Acres: 0.94
  • Lot Size Area: 40946.4
  • Lot Size Source: Other
  • Lot Size Square Feet: 40946.4
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • View: No

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: No
  • Construction Materials: Vinyl Siding
  • Property Attached: Yes
  • Roof: Metal
  • Structure Type: Other

General Information

  • Carport: No
  • Electric On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available

371 Cherokee Avenue Neighborhood

Community

31501 (WAYCROSS) Demographics

37
Median Age
1,225
Population Density (per sq. mile)
24%
College Educated
$32,023
Estimated Median Income
3,319
Estimated Total Home Owners
3,085
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Understanding Mortgage Rates:
A Guide For Homebuyers

Learn More

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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371 Cherokee Avenue Market Data

Based on the last 30 days in this zip code

$237,191
Average List Price
$11
Average Price per Square Foot
6
Properties Sold
102
Average Days on Market
91
Properties for Sale
Calculations provided by Reliance Network

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