Seller's Agent in 2025
Community and Council
Keller Williams Realty
(404) 999-1838
1 in this area
188 Total Sales
407 Maple Way Monroe, GA 30655
--
Bed
--
Bath
--
Sq Ft
2.32
Acres
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,021
Year Built
- Built in 2004
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 |
|---|---|---|---|---|---|
| 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 | +3.8% | -- | |
| 11/22/2021 11/22/21 | Sold | $2,500,000 | 0.0% | -- | View Prior Sale |
| 10/08/2021 10/08/21 | Pending | -- | -- | -- | |
| 09/23/2021 09/23/21 | Price Changed | $2,500,000 | +25.0% | -- | |
| 09/22/2021 09/22/21 | For Sale | $2,000,000 | -- | -- |
Source: Georgia MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $32,021 | $940,680 | $12,800 | $927,880 |
| 2024 | $32,021 | $940,680 | $12,800 | $927,880 |
| 2023 | $32,889 | $940,680 | $12,800 | $927,880 |
| 2022 | $35,405 | $948,080 | $20,200 | $927,880 |
| 2021 | $9,846 | $254,760 | $20,200 | $234,560 |
| 2020 | $10,105 | $254,760 | $20,200 | $234,560 |
| 2019 | $10,090 | $254,760 | $20,200 | $234,560 |
| 2018 | $10,033 | $254,760 | $20,200 | $234,560 |
| 2017 | $10,677 | $254,760 | $20,200 | $234,560 |
| 2016 | $10,529 | $255,400 | $20,200 | $235,200 |
| 2015 | $10,716 | $255,400 | $20,200 | $235,200 |
| 2014 | $11,066 | $256,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Community and Council
-
Russell Allen
Seller Co-Listing Agent in 2025
Russell Allen
Keller Williams Realty
(678) 773-3085
1 in this area
101 Total Sales
-
Alexander Purcell
Buyer's Agent in 2025
Alexander Purcell
Keller Williams Greater Athens
(706) 389-0771
1 in this area
251 Total Sales
-
Jenea Kennedy
Seller's Agent in 2021
Jenea Kennedy
Engel & Völkers Atlanta
(404) 304-8964
1 in this area
73 Total Sales
-
Jimmy Hutchinson
Buyer's Agent in 2021
Jimmy Hutchinson
Compass
(678) 763-3499
1 in this area
86 Total Sales
Map
Source: Georgia MLS
MLS Number: 10474750
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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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