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Monroe, GA Multifamily Home for Sale

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    $3,000,000

    1482 Waverly Way, Monroe, GA 30656

    Turnkey 16-Unit Investment Opportunity Just Minutes from Downtown Monroe! Most of the units (9 of 16) have been thoughtfully renovated with updated kitchens, bathrooms, flooring, windows, and modern finishes-offering immediate upside for investors. The property also features newer roofs, HVAC systems, and tankless water heaters for reduced long-term maintenance costs. Each building is equipped

    Pat Burke Keller Williams Lanier Partners

    1482 Waverly Way, Monroe, GA 30656

Why Live in Monroe

Monroe, Georgia, a small town with a population of 15,000, is renowned as the "Antiques Capital of Georgia" due to its numerous antique stores and historic downtown, which is listed on the National Register of Historic Places. The town's slower pace and proximity to major employers attract many homebuyers, particularly young families working at nearby manufacturers or commuting to Athens and Atlanta. Downtown Monroe, centered around Broad and Spring streets, features popular antique shops like The Cotton Depot, local restaurants, and the Monroe-Walton Center for the Arts. The area also has a golf cart ordinance, allowing residents to navigate the town conveniently. Monroe offers various things to do, including live concerts at Town Green, a 3-acre park hosting a summer concert series and annual events. Childers Park, a 17-acre space with a dog park and walking trail, is a local favorite, especially during festive seasons. The Monroe Golf and Country Club and Hard Labor Creek State Park provide additional recreational opportunities. Historic neighborhoods near downtown showcase Neoclassical, Queen Anne, bungalow, and farmhouse styles, with mature trees lining the yards. Walton County Public Schools and George Walton Academy are highly rated, serving the educational needs of the community. Monroe is well-connected via Highway 78, with Athens 26 miles northeast and Atlanta 46 miles west. The town experiences hot summers, mild winters, and occasional tropical storms. While Monroe reports lower violent crime rates than the national average, property crime rates have seen a slight increase. The city operates its utilities and invests in infrastructure improvements through a local sales tax.

Home Trends in Monroe, GA

Housing Trends

Median Sale Price
$408,263
Median Single Family Sale Price
$444,900
Median Townhouse Sale Price
$102,500
Median 2 Bedroom Sale Price
$265,000
Average Price Per Sq Ft
$196
Number of Homes for Sale
243
Last 12 months Home Sales
1,035
Months of Supply
2.80
Median List Price
$449,350
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%
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