Talk to Jeff

Active32 days listed

116 Smith Street, Locust Grove, GA 30248

  • 5bd
  • 2ba
  • 2,047SF
  • 1ac lot

Single-family home

List price

$339,975

$166/SF list

Ask about this home

FMLS IDXFMLS #7844834 · Listing Provided By Market South Properties, Inc. · 770-898-4899 · Listing agent Heather Woods

Location

116 Smith Street, Locust Grove GA 30248

Interactive map

Loads on click

Open in Google Maps

About this home

DOWNTOWN LOCUST GROVE - RESIDENTIAL PROPERTY WITH COMMERCIAL POTENTIAL! An opportunity like this doesn't come along often. Located on over 1+/- acres in the heart of Locust Grove, this unique property offers two permitted residences on one fully fenced parcel of land with a variety of possibilities for the next owner. The main residence features 4 bedrooms, 1 full bathroom, and an exceptionally spacious kitchen with plenty of room for cooking, dining, entertaining, and gathering. The home underwent extensive renovations in 2017, including updates to the electrical, plumbing systems, roofing, down to the studs to make it like brand new again. A separate second residence offers a 1 bedroom, 1 full bathroom, full kitchen, living room, separate laundry from the main house. This creates additional flexibility for an in-law suite, guest house, rental income, man/woman cave, or even an office space, the opportunities are endless. This gem is also all about the location and future potential as well. With more than an acre in downtown Locust Grove, two existing residences, and convenient access to shopping, dining, businesses, and major travel routes, this property presents an opportunity for an owner, investor, or entrepreneur looking ahead to what this growing area may become. Use it. Rent it. Work from it. Explore its commercial potential. Buyer and buyer's agent should independently verify zoning, permitted uses, development requirements, utilities, and any intended commercial use with the appropriate governing authorities.

How this list price compares in Locust Grove

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
5
Full baths
2
Living area
2,047 SF
Lot size
1 acres
Year built
1965
Levels
One
Main-level bedrooms
5
Parking
Parking Pad
Basement
Crawl Space, Exterior Entry
Style
Ranch, Traditional
Construction
Concrete
Roof
Composition
Flooring
Hardwood, Carpet, Laminate
Heating
Natural Gas, Central
Cooling
Electric, Ceiling Fan(s), Central Air
Appliances
Microwave, Refrigerator
Lot
Corner Lot, Level, Private
Community
Street Lights
HOA
No
Annual tax
$2,773 (2025)
County
Henry

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $339,975 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$2,585/mo

Principal and interest
$2,102
Property tax
$231
Home insurance
$125
Mortgage insurance
$127
Loan amount
$305,978
Cash down
$33,998

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.

Similar homes for sale in Locust Grove

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 Market South Properties, Inc., 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 Locust Grove?

See the similar homes section on this page, or browse all homes for sale in Locust Grove, 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

Investor research and tools

Thinking about a rental or a building instead? Send Jeff a message.

FMLS IDX Logo

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. ©2026 First Multiple Listing Service, Inc.