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Macon 31201
247 Madison Streets
$16,500
● House - Off Market

247 Madison Streets

Macon, GA 31201
bedrooms
4 Beds
bathrooms
2 Baths
$28,854
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Traditional Built house needs a lot of attention and love.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$11
HOA Dues
-
Year Built
1900

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (GAMLS #10126139)

Price History

Date / Event Date Event Price
Apr 11, 2023 Sold
Premium
Sold
Jan 24, 2023 Listed by Keller Williams Middle Georgia $28,000
Listed by Keller Williams Middle Georgia
Dec 27, 2021 Sold
Premium
Sold
Sep 23, 2019 Sold
Premium
Sold
Jul 12, 2019 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 31
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 24
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 520
  • Total Building Area: 2,304
  • Building Area: 2,304
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 2,304
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLINSVILLE
  • Land Acres: 0000000140
  • Standard Land Use Code: 1101
  • County Land Use Code: 002
  • Legal Description 1: MADISON

Neighborhood

  • School District Name: Bibb County School District
  • School Tax School District: MACON-BIBB
  • Census Tract: 013701

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: Q071-NWC
  • Account Number: 20714
  • Parcel: Q071-0023
  • Block: 10
  • Municipality: CITY OF MACON
  • Latitude: 32.8443
  • Longitude: -83.639

    Address

  • Full Address: 247 Madison St
  • Address - House Number: 247
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: GA
  • City Name: Macon
  • Zip Code: 31201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,826
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 216,118
  • High Value: 303,646
  • Low Value: 128,589

    Market Valuation

  • Market Total Value: $10,824
  • Market Land Value: $2,590
  • Market Improvement Value: $8,234

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,330
  • Assessed Land Value: $1,036
  • Assessed Improvements Value: $3,294

    Sales

  • Current Sale Contract Date: Mar 27, 2023
  • Current Sale Recording Date: Apr 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 27, 2021
  • Previous Sale Contract Date: Dec 20, 2021
  • Previous Sale Amount: $6,693
  • Previous Sale Document Type: 49
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Macon

Stats & Trends

Median Asking:

$130,000

Sale Price/ft²

$94

Below Asking

0.05%

Average Days on Market

79

Average Home Size

1500 ft²

Average Home Age

75.2 years

Currently For Sale

457 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 827 Boulevard, Macon, GA, 31211

$1,899 /mo

  • 3 Beds
  • 1 Bath
  • 1,840 ft²
827 Boulevard, Macon, GA, 31211

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Donna Davis, Keller Williams Middle Georgia
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10126139
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 247 Madison Street built and last sold?
The property at 247 Madison Street was built in 1900 and last sold on Mar 27, 2023 for $16,500.
How much is this home worth?
The estimated value of the home located at 247 Madison Street is $0.
What are some comparable homes to 247 Madison Street?
There are currently no comparable homes to 247 Madison Street.
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