$1,928,524

407 Maple Way, Monroe GA, 30655

Price per sqftN/A

Built in2004

Property typeMulti-family

Overview

Sold

Listed Mar 8, 2025

Updated Jun 3

This is a rare chance to own a high-performing, income-generating property in a prime location! This 20-unit, 5-building development offers a diverse mix of spacious, in-demand rental units - 8 units featuring 4 bedrooms and 3 baths, and 12 units offering 3 bedrooms and 2.5 baths. Several have been newly renovated, enhancing their appeal and market value. Each unit boasts an open-concept living and dining area, a well-sized kitchen, and thoughtful layouts that attract long-term tenants. 18 of the 20 units are already rented, providing immediate cash flow and stability for investors. Located just 3/4 of a mile from Monroe's charming historic downtown, residents enjoy easy access to quaint antique shops, boutiques, local dining, and rich history. This high-demand rental area ensures continued occupancy and strong appreciation potential. Financials, including rent rolls and lease agreements, are available upon request.

Additional information

MLS^® ID: 10474750

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 2.32 Acres

Other Property Details

Taxes: $32,021
Tax Frequency: Annually
Association Fee Frequency: Yearly

Also listed on FMLS

Bought with Keller Williams Greater Athens and Listed with Keller Williams Realty

Based on information from Georgia MLS as of 6/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 4:53 PM UTC, 6/3/2026