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745 Carter Drive; Jonesboro, GA 30236

$180,000

6 Bedrooms
2 Bathrooms
Driveway
7717208
A fixer-upper with multiple exit strategies. Fix and flip - there's real upside here with renovated houses selling for $280K. Buy, Renovate, Rent, Refinance, Repeat (BRRRR) - set this up for co-living and rent it for $5,000/month with over $1,000/month cash flow even after you pull out your equity with a refinance. Perfect for a handy owner-occupant looking to get some sweat equity. It needs work, but the spacious layout is ideal for an owner-occupant or investor. Only a quarter mile from public transportation, which is ideal for a rental. As a PadSplit/Coliving property it's set to perform at a 13% cap rate, and well over 20% cash-on-cash ROI. Reach out and we'll share the PadSplit financials. Please do all due diligence prior to submitting an offer.
Key Facts
  • Style:
  • Year Built: 1972
  • Status: Active
Schools
  • Elementary School: Kilpatrick
  • Middle School: Jonesboro
  • High School: Jonesboro
Bedrooms
  • Beds Total: 6
Bathrooms
  • Baths Full: 2
  • Baths Half: 0
  • Master Bath Features: None

Learn more about this property...

Private & Public Schools Nearby

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    Kilpatrick Elementary School
    7534 TARA ROAD; Jonesboro, GA 30236
    Public KG-5th  |  712 students
    Metro Atlanta School Rank: 1052nd
  • 0 / 5
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    Jonesboro Middle School
    1308 ARNOLD ST; Jonesboro, GA 30236
    Public 6th-8th  |  909 students
    Metro Atlanta School Rank: 513th
  • 2 / 5
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    Jonesboro High School
    7728 MOUNT ZION BOULEVARD; Jonesboro, GA 30236
    Public 9th-12th  |  1,343 students
    Metro Atlanta School Rank: 305th

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Listing information last updated on February 28, 2026
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