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  • $2,595,000

    407 Maple Way, Monroe, GA 30655

    7beds
    5baths
    --sqft
    : 
    Other, Residential Income
    Built in 2004
    -- sqft lot
    $2,474,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Thoughtful layoutsWell-sized kitchen
    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.
    49 days
    on Zillow
    |
    223
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 08:25am

    Listing Provided by:

    Community and Council,

    Keller Williams Realty Intown ATL 404-541-3500,

    RUSSELL ALLEN,

    Keller Williams Realty Intown ATL

    Source: FMLS GA,MLS#: 7537309MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 407 Maple Way.

    Next available tour time:Today at 11:30am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Windows: None
    Video & virtual tour

    Property

    Parking
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: No Dock
    • Fencing: None
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 2.32 Acres
    • Features: Cul-De-Sac
    Details
    • Parcel number: M011000000219000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other, Residential Income
    Materials
    • Cement Siding
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: None
    • Security: None
    • Subdivision: Maple Place
    HOA
    • Has HOA: No
    Location
    • Region: Monroe

    Financial & listing details

    • Tax assessed value: $2,351,701
    • Annual tax amount: $32,021
    • Date on market: 3/8/2025
    • Electric utility on property: Yes
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