Active$109,000
3 bd2 ba854 SFSingle-family home
1302 N Mcdonough Road
Griffin, GA 30223 · 14 days listed
FMLS #7853453 · Listing Provided By Prestige Properties of Georgia · 706-248-5335
Active4 days listed
315 N 14th Street, Griffin, GA 30223
- 3bd
- 1ba
- 1,122SF
- 0.51ac lot
FMLS #7857067 · Listing Provided By Century 21 Connect Realty · 404-579-6351 · Listing agent Douglas Cupp
About this home
Investor opportunity in Griffin! Bank-owned property offering renovation potential for buyers looking for their next project. Bring your contractor and explore the possibilities for a resale or rental investment. The yard offers additional potential to create an inviting outdoor space with landscaping, a garden, or a seating area. A convenient location in Griffin adds to the property's appeal. Property needs repairs and updates, providing an opportunity to renovate to your specifications. Buyers should independently verify property condition, square footage, utilities, and any restrictions affecting their intended use. Schedule your showing and evaluate the potential!
How this list price compares in Griffin
- List price is 68% below the Griffin median list price of $329,900 (144 homes).
- Compared with 142 single-family homes in Griffin: 68% below the median of $329,900.
- List price per square foot is 41% below the Griffin median of $159/SF.
- All 144 homes for sale in Griffin, GA.
- 148 homes for sale in Spalding County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Single-family home
- Status
- Active
- Bedrooms
- 3
- Full baths
- 1
- Living area
- 1,122 SF
- Lot size
- 0.51 acres
- Year built
- 1960
- Levels
- One
- Main-level bedrooms
- 3
- Parking
- Driveway
- Style
- Ranch
- Construction
- Frame, Wood Siding
- Roof
- Composition, Shingle
- Flooring
- Other
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Appliances
- Disposal, Electric Cooktop, Electric Water Heater, Other
- Lot
- Other
- HOA
- No
- Annual tax
- $1,127 (2025)
- County
- Spalding
Assigned schools
- HighGriffin
- MiddleKennedy Road
- ElementaryJordan Hill Road
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $105,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$907/mo
- Principal and interest
- $649
- Property tax
- $94
- Home insurance
- $125
- Mortgage insurance
- $39
- HOA dues
- $0
- Loan amount
- $94,500
- Cash down
- $10,500
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Questions about this home
How do I schedule a showing of this home?
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
How do I get more information about this listing?
Send your question through the form on this page. Listing details come from FMLS and are provided by Century 21 Connect Realty, so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
How is the monthly payment estimate calculated?
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
Where can I see similar homes for sale in Griffin?
See the similar homes section on this page, or browse all homes for sale in Griffin, GA.
Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- apartment buildings for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment properties in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- churches for saleChurch buildings and sanctuaries for sale statewide.
- land for sale in GeorgiaAcreage, lots and development land.
- apartment complex for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
Investor research and tools
- cap rates for apartment buildings in AtlantaMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- NOI for apartment buildingsHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR explained for multifamilyDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- what a good cash-on-cash return isCash-on-cash return on apartment buildings: the formula, a worked deal, and Georgia asks at today's rates.
- capitalization rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- cash-on-cash return calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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