5 months on rocket

318 E Gordon Ave, Rossville, GA, 30741

$368,000

Home List Price

$4,370*

Closing Credit

0 Baths
2,732 SqFt
$135/SqFt
Multi

Location

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318 E Gordon Ave, Rossville$368,000

Buyer Closing Credits

$4,370*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOff Street
Garage1 space
Year Built1922
HeatingCentral, Electric
CoolingCentral Air, Electric, Multi Unit(s)
BasementYes
MLS #1392342
Lot Size0.17 Acres
StatusActive

About 318 E Gordon Ave

Investment Property for Sale: Looking for a lucrative investment opportunity? Look no further! We're excited to present this exceptional investment property that promises immediate returns and growth potential. Situated in Rossville, Ga, this property enjoys a strategic location with high visibility and easy access to major transportation routes, amenities, and business districts. Features: 1) Income-Generating Potential: With 3 units, this property offers steady rental income, ensuring a consistent cash flow for savvy investors. 2) Occupied: Currently all units are occupied and on leases. 3) Renovations: Two of the units have been fully renovated. Unit 1: Upgrades: New medical grade roof on part of the home, new paint, new stain, new granite countertops, new floors, new light fixtures, new outlets, new appliances, new windows, and new blinds. Unit 2: Occupied and has not been updated. Unit 3: New roof, new flooring, new paint, new appliances, new light fixtures, new cabinets, new granite, new heating and air units, new appliances, new windows, and new blinds 4) Low Maintenance: Well-maintained and managed, this property requires minimal upkeep, allowing you to enjoy passive income without the hassle of frequent maintenance issues. 5) Diverse Tenant Base: Attracting a diverse range of tenants from professionals to families, this property ensures stability and resilience in any market conditions. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a solid entry into real estate investment, this property offers an exceptional opportunity to generate wealth and build equity over time. Properties like this don't come along often. Seize the opportunity to secure your financial future and schedule a viewing today! Buyer to Verify school zones and square footage. Owner/agent

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 1
  • Living Area: 2,732 SqFt

Listing Office:

  • Office Name: Greystone Realty & Property Management, LLC
  • Office Phone: (423) 250-9151

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Luxury Vinyl, Plank
  • Interior: Eat-in Kitchen, Open Floorplan, Storage

Exterior Features

Exterior Information:

  • Exterior: Fence, Deck, Patio

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric, Multi Unit(s)

Other

Directions Information:

  • Directions: I-24 to Rossville Blvd South Exit. Cross the state line into Georgia. Left onto Clark St At the stop sign, House Across Gordon St slightly to the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $368,000
  • Price Per SqFt: $135/SqFt
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Housing Market Comparison

See how this home compares to others in Rossville, GA.

Med. Sold Price

$230K

Med. Price/SqFt

$168

Avg. Days On Market

50

# of Sold Homes

48

318 E Gordon Ave vs Rossville

177 DAYS ON ROCKET

+127 Days

$368,000

+$138K More

$135/SqFt

-$33 Less

KEY TAKEAWAY

This property is $138K more than the Median Sold Price and $33/SqFt less than other homes in Rossville, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1392342

Listing Office:

  • Office Name: Greystone Realty & Property Management, LLC
  • Office Phone: (423) 250-9151

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 16, 2018Home Sold
$100,000
Jul 16, 2018Home Sold
$100,000

History based on county public records data.

Payment Calculator

$1,904

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,170

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-404317
2
/10
  • East Lake Elementary School

  • 3600 13th Ave

  • 1.00 miles

  • Public District Grades KG-5

school-card-donut-404318
5
/10
  • Rossville Elementary School

  • 1250 Wilson Rd

  • 1.67 miles

  • Public District Grades PK-5

school-card-donut-404319
3
/10
  • Clifton Hills Elementary School

  • 1815 E 32nd St

  • 1.72 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,362. Typical income of Rossville, GA residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesGeorgiaWalker CountyRossville30741318 E Gordon Ave

This home is located at 318 E Gordon Ave in Rossville, GA and zip code 30741. This 2,732 square foot home, which was built in 1922, sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $368,000.

While more than 13 listings in Rossville, GA in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 25 were sold below. The number of homes for sale in Rossville, GA decreased by 7.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 50 days, the median list price was $230,000.

From Rocket Homes Real Estate and based on county public records data.

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