407 Maple Way
Monroe, GA 30655
- – beds
- – baths
- ~2 acre lot
- 2004 build
- – on site
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 ¾ 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.
Last checked:
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Last updated Mar 9, 2025
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MLS# 7537309 —
The Building
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Year Built:2004
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Construction Materials:Cement Siding
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# of Units Total:20
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Levels:Two
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Roof:Composition
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Window Features:None
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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:From US-78 E take exit toward Monroe and turn right onto GA-11S/N Broad St. Turn left onto Sorrells St. Property on your right.
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Latitude:33.80538
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Longitude:-83.711679
The Property
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Parcel Number:M011000000219000
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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:Cul-De-Sac
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Lot Size Acres:2.32
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Lot Size Dimensions:x
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Lot Size Source:Public Records
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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) 600-1367
- Office phone:
- (404) 541-3500
Taxes
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Tax Year:2024
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Tax Annual Amount:32021
The Listing
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/407-Maple-Way-Monroe-GA-30655/unbranded
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Home Warranty:false
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Special Listing Conditions:None
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Special Circumstances:Corporate Owner
Heating & Cooling
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Cooling:Central Air
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Heating:Central
Utilities
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Utilities:Cable Available
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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:Monroe
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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:Maple Place
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Community Features:None
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Association:false
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Pool Private:false
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Dock:None
Parking
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Parking Features:Parking Lot
Listing Provided Courtesy of Keller Williams Realty Intown ATL
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 |
|---|---|---|---|---|
|
3/8/25
Mar 8, 2025
|
Listed / Active | FMLS | $2,595,000 |
