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316 Virginia Ave, Valdosta, GA, 31601

--beds
--baths
--sqft
$49,900
--price/sqft
$542/moest. monthly cost
$21,680/yrincome needed

About This Home

Excellent residential investment opportunity in a convenient in-town location. Situated close to retail, dining, and local amenities, this property offers both comfort and accessibility. Ideal for investors seeking steady rental potential or buyers looking for a well-located home with upside. With room to add value and strong appeal in the neighborhood, this is an opportunity you won't want to overlook. Contact us today for more details!

Getting Around

71
WalkingVery Walkable
0
TransitVery Limited Transit
75
BikeVery Bikeable

Schools

5/10
Valdosta Middle SchoolGrades 6-82.4 mi
4/10
Valdosta High SchoolGrades 9-123.4 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1980

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Basement: None

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Property

Details

  • Parcel number: 0118C 252

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 6,534 sqft

Parking

  • Parking features: Off Street

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

  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Hurricane
Heat Wave
Tornado

FEMA Declared Disasters Across Georgia Counties

Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
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 $252$3,024
Home Insurance *$40$480
Property Taxes $31$372
Electricity $219$2,637
Total$542$6,504
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$18,582/yr
40% on housing$16,260/yr
45% on housing$14,453/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: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 31601$107
Lowndes County$139

vs Homes Sold Last Month

Median $/sqft

ZIP 31601$116
Lowndes County$146

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)

No zestimate history available

Price History

DateEventPrice
2026-08-12Price change$39,900
2026-03-18Price change$49,900
2026-02-21Listed for sale$59,900

For Sale by Agent

AgentJeremy Adams
BrokerageSouthern Classic Realtors

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