***See Documents for Inventory List------- Offered as a single package, this 32-unit C-class portfolio in the Griffin submarket presents a ground-floor value-add opportunity. The portfolio is bank-owned and currently producing limited cash flow (11 occupied units). Twenty-one units are currently vacant and will require municipal re-inspection prior to utility restoration.-------- This opportunity delivers value add and immediate upside through a focused rehab and lease-up strategy: 11 units currently producing $7350 monthly income and the remainder positioned for efficient turnover and increased rents. The package's scale reduces per-door rehab and management cost versus single-asset acquisitions, making it ideal for an operator seeking quick stabilization and cash-flow improvement.------- The portfolio spans a range of conditions, from turnkey homes that require minimal attention to properties in need of substantial capital expenditures. Many units fall in the middle, allowing an investor to take a phased approach to renovations and value-add improvements. By implementing strategic upgrades such as modernized interiors, improved landscaping, and energy-efficient features, the next owner can not only increase rents but also attract high-quality tenants and reduce vacancy rates. The offering is intentionally structured to attract hands-on investors who can convert cosmetic and systems upgrades into higher rents and increased valuation.------- Griffin, GA is poised right between Atlanta, GA and Macon Ga only 40 miles from each right along the I-75 Corridor. Griffin has been experiencing exciting growth as the last available area, relatively undeveloped in the larger metro Atlanta area. There is a newly constructed industrial park fully occupied. Large developments are ongoing on the interstate right outside of town, a new airport is in the final stages before starting construction, and our residential market is seeing an aggressive appreciation and expansion. Economically, we are seeing growth in all segments of the local economy. Griffin maintains the small town feel, attracting a variety of people and businesses while providing the location and infrastructure to become a true metro Atlanta market.------ Parcel Number (Spalding County)- Year Built -Building Address-Unit Name- City State Zip -Type Status------ 057 02004 1920 1026 W Broad St Griffin GA 30223 House Vacant 003C03061 1957 106 Riley Cir Griffin GA 30223 House Occupied 003C03061 1978 108 Riley Cir Griffin GA 30223 House Occupied 0302007 1945 117 Kentucky Ave Griffin GA 30223 House Vacant 002 15002A 1953 122 Realty Street Griffin GA 30223 Duplex Vacant 002 15002A 1953 124 Realty Street Griffin GA 30223 Duplex Occupied 06104016 1959 1321 Drewery Ave. Apt. A Griffin GA 30223 Duplex Occupied 06104016 19591321 Drewery Ave. Apt. B Griffin GA 30223 Duplex Vacant 061 05009 N/A 1328 Drewery Ave VACANT LOT Griffin GA 30223 VACANT LOT N/A 061 05008 N/A 1332 Drewery Ave VACANT LOT Griffin GA 30223 VACANT LOT N/A 06105006 1959 1340 Drewery Ave Apt. A Griffin GA 30223 Duplex Vacant 06105006 1959 1340 Drewery Ave Apt. B Griffin GA 30223 Duplex Occupied 06105006A 1959 1342 Drewery Ave Apt. A Griffin GA 30223 Duplex Vacant 06105006A 1959 1342 Drewery Ave Apt. B Griffin GA 30223 Duplex Vacant 064 01005 N/A 1431 Experiment St VACANT LOT Griffin GA 30223 VACANT LOT N/A 00705036A 1963 212 Austin St Griffin GA 30223 House Vacant 010 02023 1960 232 N 15th St Griffin GA 30223 House Occupied 00607022A 1956 420 N 3rd St Griffin GA 30223 House Occupied 00607022A 1957 422 N 3rd St Griffin GA 30223 House Vacant 008 01042 1950 448 New 10th St St Griffin GA 30223 House Occupied 00607026 1955 502 N 3rd St Griffin GA 30223 House Vacant 00705009 1964 513 Clifton Dr Griffin GA 30223 House Vacant 00705007 1962 517 Clifton Dr Griffin GA 30223 House Vacant 00705006 1962 519 Clifton Dr Griffin GA 30223 House Occupied
Active
$2,250,000
32 Mutlipl Multiple, Griffin, GA 30223
--beds
--baths
--sqft
Est.:
Multi Family, Duplex
Built in 1977
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Vacant lot
- 86 days |
- 42 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: September 29, 2025 at 10:06pm
Listed by:
Jared Cordova 678-458-9418,
Keller Williams Southern Premier RE
Source: GAMLS,MLS#: 10606264
Tour with a local agent
Facts & features
Interior
Heating
- Other
Cooling
- Other
Features
- Basement: Crawl Space
- Has fireplace: No
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
Lot
- Size: 1 Acres
Details
- Parcel number: 003C03061
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Other
Condition
- Resale
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
Community & HOA
Community
- Features: None
- Subdivision: None
HOA
- Has HOA: No
- Services included: Other
Location
- Region: Griffin
Financial & listing details
- Annual tax amount: $1
- Date on market: 9/16/2025
- Cumulative days on market: 86 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Listed for sale | $2,250,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$14,096/mo
Principal & interest
$11377
Property taxes
$1931
Home insurance
$788
Climate risks
Neighborhood: 30223
Nearby schools
GreatSchools rating
- 3/10Atkinson Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Cowan Road Middle SchoolGrades: 6-8Distance: 2.3 mi
- 3/10Griffin High SchoolGrades: 9-12Distance: 2.8 mi
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