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1405 2nd St, Macon, GA, 31201

2beds
1baths
1,120sqft
$30,000
$27price/sqft
$439/moest. monthly cost
$17,560/yrincome needed

About This Home

Investor special with major upside! Located less than 5 minutes from Mercer University and close to Macon's revitalized downtown district, this property sits in one of the city's fastest-improving areas. The home needs renovation, but the structure and layout give you a great foundation to build equity. Nearby renovated homes are selling in the $140K-$150K ARV range, making this a perfect opportunity for a flip or rental portfolio addition. Whether you're a seasoned investor or someone looking to put in sweat equity, this property offers strong potential and a location that continues to grow in demand. Sold as-is. SELLER IS A GA LICENSED REAL ESTATE BROKER 1405 2nd St, Macon, GA offers multiple investment opportunities, including long-term rental, short-term rental, or a value-add strategy for future appreciation. Ambitious investors can renovate the property and resell it at today's market value of approximately $130,000-$140,000. An investor-friendly lender is available to provide funding for both the purchase and renovation. No personal credit is required; however, an LLC and prior investing experience are preferred.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

4/10
3/10
5/10
Central High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1900

Materials

  • Roof: Composition
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow/Cottage,Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None
  • Laundry features: Mud Room

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • High Ceilings
  • Flooring: Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 1,120

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,120
  • Total interior livable area: 1,120 sqft

Property

Details

  • Parcel number: Q0810509

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 2,613 sqft
  • Features: Corner Lot

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Hail
Heat Wave
Lightning
Strong Wind

FEMA Declared Disasters Across Georgia Counties

Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $151$1,812
Home Insurance *$45$540
Property Taxes $24$288
Electricity $219$2,637
Total$439$5,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$15,051/yr
40% on housing$13,170/yr
45% on housing$11,706/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 1.6%
1.6%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -4.3%
-4.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$27This listing

vs Other Active Listings

Avg $/sqft

ZIP 31201$96
Bibb County$93

vs Homes Sold Last Month

Median $/sqft

ZIP 31201$94
Bibb County$116

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-13Price change$30,000
2025-12-11Listed for sale$35,000
2025-09-10Sold$12,422
2007-06-11Sold$19,900

For Sale by Agent

AgentMalcolm D Payne
BrokeragePayne Realty GA

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