407 Maple Way Monroe, GA 30655
Estimated payment $14,299/month
Highlights
- 2.32 Acre Lot
- Cul-De-Sac
- Central Heating and Cooling System
About This Home
This 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 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,021
Year Built
- Built in 2004
Lot Details
- 2.32 Acre Lot
- Cul-De-Sac
Parking
- Parking Lot
Home Design
- Composition Roof
- Cement Siding
Interior Spaces
- 2-Story Property
Schools
- Monroe Elementary School
- Carver Middle School
- Monroe Area High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- 20 Units
- Maple Place Subdivision
Listing and Financial Details
- Assessor Parcel Number M011000000219000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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% | -- |
| 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: First Multiple Listing Service (FMLS)
MLS Number: 7537309
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