1482 Waverly Way Monroe, GA 30656
Estimated payment $16,229/month
Highlights
- 2 Acre Lot
- 1-Story Property
- Central Heating and Cooling System
- No HOA
About This Home
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 with two washer/dryer combos and has a detached building with rentable storage units, adding extra income potential. Conveniently located near Piedmont Walton Hospital, ideal for traveling nurses, and just a short drive to the Meta (Facebook) Data Center, Athens, Loganville, and under 45 minutes to Atlanta. With ongoing upgrades, low vacancy potential, and a sought-after location, this property is a rare find for savvy investors.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,600
Year Built
- Built in 1973 | Remodeled
Parking
- Parking Pad
Schools
- Walker Park Elementary School
- Carver Middle School
- Monroe Area High School
Additional Features
- 1-Story Property
- 2 Acre Lot
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 16 Units
- Green Acres Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2025 10/29/25 | Price Changed | $2,900,000 | -3.3% | -- | |
| 07/25/2025 07/25/25 | For Sale | $3,000,000 | +36.4% | -- | |
| 01/24/2025 01/24/25 | Sold | $2,200,000 | +2.3% | -- | View Prior Sale |
| 08/09/2024 08/09/24 | Pending | -- | -- | -- | |
| 06/23/2024 06/23/24 | Price Changed | $2,150,000 | -10.4% | -- | |
| 05/30/2024 05/30/24 | For Sale | $2,400,000 | -- | -- |
Source: Georgia MLS
MLS Number: 10571677
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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