407 Maple Way
Monroe, GA 30655
- – beds
- – baths
- – sqft
- ~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 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.
Last checked:
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Last updated Mar 9, 2025
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MLS# 10474750 —
The Building
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Year Built:2004
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Construction Materials:Concrete
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Structure Type:Multi Family (5+ Units)
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# of Units Total:20
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Levels:Two
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Basement:None
Financial & Terms
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Possession:Close Of Escrow
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Owner Pays:Other
Location
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Latitude:33.804554
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Longitude:-83.712036
The Property
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Property Type:Residential Income
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Property Condition:Resale
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Lot Size Acres:2.32
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Lot Size Source:Public Records
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Parcel Number:M011000000219000
Listing Agent
- Contact info:
- Agent phone:
- (404) 541-3500
- Office phone:
- (404) 541-3500
Taxes
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Tax Year:2024
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Tax Annual Amount:$32,021
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Sewer Connected
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Monroe
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Middle School:Carver
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High School:Monroe Area
The Community
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Subdivision:Maple Place
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Community Features:None
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Association:No
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Association Fee Includes:None
Parking
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Parking Features:Off Street, Over 1 Space per Unit
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 | GAMLS | $2,595,000 |
