$2,900,000
PENDING $100K PRICE DROP

1482 Waverly Way Monroe, GA 30656

Estimated payment $16,304/month

Total Views 12,006
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Pat Burke

Keller Williams Lanier Partners License #259254 Listed on: 07/25/2025

Keller Williams Lanier Partners

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,600

Year Built

Built in 1973 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Levels: One
  • Lot Size Acres: 2.00
  • Structure Type: Multi Family (5+ Units)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Other
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Parking Pad

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

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

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 12600

Multi Family

  • NumberOfUnitsTotal: 16

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 Pending -- -- --
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

About the Listing Agent

Pat Burke

Keller Williams Lanier Partners

(470) 928-6231

Section Image

Pat and Brenda burke have been residents of hall county since 1986. They have loved raising their four children and thirteen grandchildren in northeast Georgia.

They have been in real estate since 2002 and pride themselves for having a business that thrives on referrals. Their services encompass all aspects of the real estate transaction.

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Source: Georgia MLS

MLS Number: 10571677

Georgia MLS