1482 Waverly Way
Monroe, GA 30656
- – beds
- – baths
- ~2 acre lot
- 1973 build
- – on site
More homes
This well-maintained 16-unit property, just minutes from downtown Monroe, presents a lucrative investment opportunity. It comprises 12 two-bedroom, one-bath units with market rent values at $1,300 each and 4 one-bedroom, one-bath units with market rent values at $1,100 each, potentially generating a total annual rental income of $240,000. Recent updates include new roofs, HVAC units, tankless water heaters, flooring, and windows, ensuring low maintenance costs. Each building features washer/dryer connections, and there are additional storage units available for rent, providing potential for extra income. The property's prime location is convenient to Walton Piedmont Hospital, making it ideal for traveling nurses, and is close to the Facebook Data Center, Athens, Loganville, and within a 45-minute drive to Atlanta. This combination of updated amenities and strategic location makes the property highly attractive to tenants, ensuring consistent occupancy and strong revenue potential.
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Last updated Feb 3, 2025
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MLS# 7395175 —
The Building
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Year Built:1973
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Construction Materials:Brick 4 Sides
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# of Units Total:16
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Levels:One
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Roof:Other
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Window Features:Insulated Windows
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Security Features:None
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Accessibility Features:None
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Green Energy Efficient:None
Location
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Directions:GPS friendly.
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Latitude:33.825832
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Longitude:-83.731014
The Property
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Parcel Number:N090B00000014000
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Property Type:Residential Income
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Property Type:Residential Income
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Property Subtype:Other
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Property Condition:Resale
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Lot Features:Level
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Lot Size Acres:2
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Lot Size Source:Other
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View:Other
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Fencing:None
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Waterfront Features:None
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Water Body Name:None
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (404) 901-5662
- Office phone:
- (404) 668-6621
Taxes
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Tax Year:2023
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Tax Annual Amount:12600
The Listing
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Home Warranty:false
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Special Listing Conditions:None
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Special Circumstances:None
Heating & Cooling
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Cooling:Central Air
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Heating:Central
Utilities
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Utilities:Other
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Sewer:Public Sewer
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Water Source:Public
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Green Energy Generation:None
Schools
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Elementary School:Walker Park
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Middle Or Junior School:Carver
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High School:Monroe Area
The Community
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Subdivision Name:Green Acres
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Community Features:Other
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Association:false
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Pool Private:false
Parking
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Parking Features:Paved
Listing Provided Courtesy of Compass Georgia, LLC / Bought with Keller Williams Lanier Partners
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/24/25
Jan 24, 2025
|
Sold | FMLS | ||
|
9/13/24
Sep 13, 2024
|
Pending | FMLS | $2,150,000 | |
|
6/22/24
Jun 22, 2024
|
Price Changed | FMLS | $2,150,000 | -10.4% |
