117 W Jones Ave, Statesboro, GA, 30458
About This Home
Investors, take note: this is a rare chance to secure a strategic foothold in Statesboro's high-demand rental corridor. Perfectly positioned between the high-energy Georgia Southern University campus and the city's evolving downtown district, this three-unit portfolio offers a sophisticated "barbell" investment strategy—combining immediate, worry-free cash flow with a clear, high-margin value-add play. The package consists of two distinct parcels. The first features a modern, turnkey duplex at 115A/B Inman Lane, which underwent a comprehensive professional renovation in 2022. Paired with the occupied 1,232 sq ft residence at 117 W Jones Ave, this parcel acts as the portfolio's stabilized anchor, delivering consistent monthly revenue from day one. However, the true "alpha" of this deal lies just one minute away at 206 W Jones Ave. Situated on its own deeded lot, this 1,211 sq ft home is a blank canvas ready for a high-end renovation. By modernizing this third asset, an owner can force significant appreciation and capture the top-tier rental rates currently driving the Statesboro market. This is not just a collection of properties; it is a diversified income engine designed for the savvy operator who understands the value of proximity to a major university and a growing urban core. Whether you are looking to scale your student housing portfolio or execute a high-yield renovation and hold, this multi-asset offering provides the flexibility and location necessary for long-term outperformance. Don't miss your chance to capitalize on one of the most robust rental markets in the region.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1945
Materials
- Roof: Metal
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Single Family Residence,Duplex
Interior
Appliances
- Appliances included: See Remarks
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Formal Dining Room
- Fireplace: Yes
Interior Area
- Total structure area: 1,232
- Total interior livable area: 1,232 sqft
Property
Details
- Parcel number: S19000080000
- Attached to another structure: Yes
Features
- Exterior features: None
- Fencing: None
Lot
- Lot size: 0.47 Acres
- Features: Other
Parking
- Parking features: Unpaved
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
- Hurricane
- Lightning
- Tornado
- Cold Wave
- Earthquake
- Heat Wave
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,011 | $12,132 |
| Home Insurance * | $124 | $1,488 |
| Property Taxes | $106 | $1,272 |
| Electricity | $219 | $2,637 |
| Total | $1,460 | $17,520 |
Income You'd Need if You Spent...
Georgia FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Price change | $249,000 |
| 2026-04-04 | Price change | $259,000 |
| 2026-03-25 | Price change | $279,000 |
| 2026-03-10 | Listed for sale | $299,000 |
| 2026-01-07 | Listing removed | $275,000 |
| 2025-09-09 | Price change | $275,000 |
| 2025-07-08 | Listed for sale | $295,000 |
| 2024-11-20 | Listing removed | $220,000 |
| 2024-11-12 | Price change | $220,000 |
| 2024-10-14 | Price change | $300,000 |
| 2024-09-27 | Price change | $325,000 |
| 2024-09-13 | Listed for sale | $349,999 |
| 2021-07-10 | Listing removed | -- |
| 2021-03-19 | Sold | $45,000 |
| 2021-02-03 | Pending sale | $50,000 |
| 2021-01-15 | Price change | $50,000 |
| 2020-12-04 | Listed for sale | $60,000 |
| 2019-10-01 | Listing removed | $85,000 |
| 2019-04-03 | Listed for sale | $85,000 |
| 2007-01-29 | Sold | $98,000 |
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