NOT LISTED FOR SALE

1482 Waverly Way Monroe, GA 30656

-- Bed
-- Bath
-- Sq Ft
2 Acres

Last Sold January 24, 2025

Last sale price $2,200,000

71 Days on Market

Highlights

  • 2 Acre Lot
  • Four Sided Brick Exterior Elevation
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of January 2025

This well-maintained 16-unit property, just minutes from downtown Monroe, presents a lucrative investment opportunity. It comprises 12 two-bedroom, one-bath units with market rent values at $1,300 each and 4 one-bedroom, one-bath units with market rent values at $1,100 each, potentially generating a total annual rental income of $240,000. Recent updates include new roofs, HVAC units, tankless water heaters, flooring, and windows, ensuring low maintenance costs. Each building features washer/dryer connections, and there are additional storage units available for rent, providing potential for extra income. The property's prime location is convenient to Walton Piedmont Hospital, making it ideal for traveling nurses, and is close to the Facebook Data Center, Athens, Loganville, and within a 45-minute drive to Atlanta. This combination of updated amenities and strategic location makes the property highly attractive to tenants, ensuring consistent occupancy and strong revenue potential.

Last Agent to Sell the Property

Aziz Izmour

Compass License #364860 Listed on: 05/30/2024

Compass

Last Buyer's Agent

Pat Burke

Keller Williams Lanier Partners License #259254

Keller Williams Lanier Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,600

Year Built

  • Built in 1973

Lot Details

  • 2 Acre Lot
  • Level Lot

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Insulated Windows

Parking

  • Paved Parking
  • Parking Lot

Schools

  • Walker Park Elementary School
  • Carver Middle School
  • Monroe Area High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 16 Units
  • Green Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number N090B00000014000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,600

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: N090B-014
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1973
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Pool Private: No

Garage/Parking

  • Parking Features: Paved, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Electric

Condo/Co-op/Association

  • Subdivision Complex: Green Acres

Fee Information

  • Annual Expenses: 34942

Schools

  • Elementary School: Walker Park
  • Middle School: Carver
  • High School: Monroe Area

Lot Info

  • Acres: 2.0000
  • Lot Features: Level
  • Parcel Number: N090B00000014000
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 16

Tax Info

  • Taxes: 12600.00
  • Assessor Parcel Number: N090B00000014000
  • Close Date: 2025-01-24
  • Tax Year: 2023

MLS Schools

  • Elementary School: Walker Park
  • High School: Monroe Area
  • Middle School: Carver

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $2,200,000 +2.3% --
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: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Aziz Izmour

    Seller's Agent in 2025

    Aziz Izmour

    Compass

    (404) 901-5662

    1 in this area

    90 Total Sales

    Aziz Izmour
    Section Image
  • Pat Burke

    Buyer's Agent in 2025

    Pat Burke

    Keller Williams Lanier Partners

    (678) 617-9232

    1 in this area

    302 Total Sales

    Pat Burke
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7395175

First Multiple Listing Service (FMLS)

Georgia Walton County Monroe 30656

1482 Waverly Way, Monroe, GA

This home is located at 1482 Waverly Way, Monroe, GA 30656 since 30 May 2024. This property was built in 1973. 1482 Waverly Way is a home located in Walton County with nearby schools including Walker Park Elementary School, Carver Middle School, and Monroe Area High School.

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