Nelldra Allen
Golden Locks Brokerage LLC
(888) 621-1959
64 Total Sales
1 in Monroe
$232,500 Price
407 Maple Way Unit 10474750 Monroe, GA 30655
Monroe Area
--
Beds
--
Baths
--
Sq Ft
2.32
Acre Lot
Highlights
- 2.32 Acre Lot
- No HOA
- Central Heating and Cooling System
About This Home
As of August 2025This 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 3/4 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.
Last Agent to Sell the Property
Keller Williams Realty License #259492 Listed on: 03/08/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,021
Year Built
- Built in 2004
Lot Details
- 2.32
Home Design
- Concrete Siding
Parking
- Over 1 Space Per Unit
- Off-Street Parking
Schools
- Monroe Elementary School
- Carver Middle School
- Monroe Area High School
Additional Features
- 2-Story Property
- 2.32 Acre Lot
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 20 Units
- Maple Place Subdivision
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Monroe, GA
-
Nelldra Allen
-
Jana French
Jana French
The Connection Real Estate
(470) 900-4750
50 Total Sales
2 in Monroe
$320,000 Price Range
-
Jennifer Fast
Jennifer Fast
Michael Carr and Associates
(888) 606-1208
86 Total Sales
4 in Monroe
$188K - $229K Price Range
-
Dianne Bryant
Dianne Bryant
GOLDEN KEY REALTY
(478) 330-4196
109 Total Sales
2 in Monroe
$245,000 Price Range
-
Zackery Bobo
Zackery Bobo
ERA Sunrise Realty
(833) 423-1835
456 Total Sales
2 in Monroe
$454,900 Price Range
-
Marlena Bhatia
Marlena Bhatia
Titan Realty Advisors
(762) 728-6918
120 Total Sales
3 in Monroe
$225K - $445K Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | Sold | $1,928,524 | -8.2% | -- |
| 06/24/2025 06/24/25 | Pending | -- | -- | -- |
| 06/11/2025 06/11/25 | Price Changed | $2,100,000 | -8.7% | -- |
| 04/30/2025 04/30/25 | Price Changed | $2,300,000 | -11.4% | -- |
| 03/08/2025 03/08/25 | For Sale | $2,595,000 | -- | -- |
Source: Georgia MLS
Agents Affiliated with this Home
-
Community and Council
Seller's Agent in 2025
Community and Council
Keller Williams Realty
(404) 600-1367
184 Total Sales
-
Russell Allen
Seller Co-Listing Agent in 2025
Russell Allen
Keller Williams Realty
(678) 773-3085
88 Total Sales
-
Alexander Purcell
Buyer's Agent in 2025
Alexander Purcell
Keller Williams Greater Athens
(706) 389-0771
284 Total Sales
Map
Source: Georgia MLS
MLS Number: 10474750
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 2026 Georgia MLS. All rights reserved.
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