8451 Magnolia Dr, Jonesboro, GA 30238
$255,000
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Home Description
This turnkey 8-bedroom, 3-bathroom (2 shared baths) co-living home presents a rare opportunity for investors seeking high monthly cash flow in the Atlanta metro area. Fully renovated and fully occupied through PadSplit, this 1,850 sqft property generates $4,450/month in gross rents with an estimated NOI of $2,300/month and a 10.6% cap rate.
Just minutes from major interstates and Hartsfield-Jackson International Airport, Magnolia Drive is ideally positioned for workforce housing, attracting reliable tenants looking to live closer to job hubs. PadSplit is a co-living platform that helps provide affordable housing to working professionals while maximizing returns for property owners. The platform handles tenant screening and onboarding, income verification, rent collection, and provides easy communication and maintenance management tools.
If you're unfamiliar with how PadSplit works or want to explore whether this model is right for you, reach out—we’d be happy to walk you through it.
- MLS #: 7569651F
- Address: 8451 Magnolia Dr
- City: Jonesboro
- Zip: 30238
- County: Clayton
- Subdivision: Markland
- Community Features: None
- Square Feet: 1851
- Sq. Ft. Source: Public Records
- Water Body Name: None
- Waterfront Features: None
- Water Source: Public
- Interior of Property: Other
- Rooms: Other
- Flooring: Carpet,Ceramic Tile,Vinyl
- Kitchen Features: None
- Kitchen Appliances: Dryer,Electric Range,Refrigerator
- Fireplace: None
- Number Fireplaces: 0
- Bedrooms: Other
- Master Bath: None
- Dinning Room: None
- Laundry: Common Area
- Other Equipment: None
- Patio/Porch Features: Deck
- Security Features: None
- Common Walls: No Common Walls
- Basement: Exterior Entry
- Parking: Driveway
- Lot Dimensions: 75x152x75x152
- Lot Size Acres: 0.26
Available now at $255,000
- Type: Single Family
- Style: Other
- Levels: Multi/Split
- Property Condition: Resale
- Listing Terms: Cash,Conventional
- Road Type: Asphalt
- Cooling: Central Air
- Heating: Natural Gas
- Sewer: Public Sewer
- Green Energy Efficient: None
- Green Energy Generation: None
- Exterior of Property: None
- Construction Materials: Cedar,Frame,Wood Siding
- Roof Type: Composition,Shingle
- Other Structures: None
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School Information
- Elementary:Lee Street
- Middle School:Jonesboro
- High School:Jonesboro
Financial
- Approx Payment:$1,292*
- Taxes:$2,918
Area Stats
These statistics are updated daily from the Georgia Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(786) 543-4827 and speak with one of our real estate consultants.
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Listing Courtesy of Keller Williams Realty Metro Atlanta.
For information or to schedule a viewing of this property (MLS# 7569651F), call: (786) 543-4827
8451 Magnolia Dr, Jonesboro GA is a single family home of 1851 sqft and
is currently priced at $255,000
.
This single family home has 8 bedrooms.
A comparable home for sale at 8483 Magnolia Dr in Jonesboro is listed at $259,900.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Jonesboro, GA.
Thomas Downs, Duck Pond and The Village At Tara are nearby neighborhoods.
MLS 7569651F has been posted on this site since 5/1/2025 (today).
2025
5/2/2025