688 Waverly Place Clarkston, GA 30021
Estimated payment $2,646/month
Highlights
- Property is near public transit
- Four Sided Brick Exterior Elevation
- Central Air
- Shutters
- Luxury Vinyl Tile Flooring
- Trails
About This Home
**Investor Opportunity – 4-Sided Brick Quad in Prime In-Town Location**
Discover a solid income-producing asset at 688 Waverly, Building H — a well-maintained, 4-sided brick quad featuring four 2-bedroom, 1-bath units. One unit is currently occupied at \$950/month (well below market rent), while the remaining three have been updated and are ready to lease at market rates.
Financials listed are proforma numbers based off the current advertising for lease on the recently remodeled units, this property offers strong upside potential. Whether you’re an experienced investor looking to expand your portfolio or a first-time investor seeking to live in one unit and rent out the others, this is a perfect opportunity to build equity and generate steady cash flow.
Enjoy the convenience of an in-town location, proximity to amenities, and the long-term value of brick construction. Don’t miss this chance to secure a great asset and grow your net worth.
Property manager is currently in place and can stay or new owner can self manage.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,329
Year Built
- Built in 1970
Lot Details
- 436 Sq Ft Lot
Home Design
- Quadruplex
- Composition Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2-Story Property
- Insulated Windows
- Shutters
- Carbon Monoxide Detectors
Flooring
- Carpet
- Laminate
- Luxury Vinyl Tile
- Vinyl
Parking
- Varies By Unit
- Paved Parking
- Parking Lot
Location
- Property is near public transit
- Property is near schools
- Property is near shops
Schools
- Indian Creek - Dekalb Elementary School
- Freedom - Dekalb Middle School
- Clarkston High School
Utilities
- Central Air
- Heat Pump System
- Separate Meters
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 18 067 06 043
Community Details
Overview
- Property has a Home Owners Association
- 4 Units
- Quadruplex Subdivision
Recreation
- Trails
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,329 | $50,840 | $10,000 | $40,840 |
| 2023 | $2,329 | $36,200 | $3,600 | $32,600 |
| 2022 | $1,470 | $32,400 | $3,600 | $28,800 |
| 2021 | $949 | $20,520 | $3,600 | $16,920 |
| 2020 | $645 | $13,600 | $3,600 | $10,000 |
| 2019 | $640 | $13,480 | $3,600 | $9,880 |
| 2018 | $593 | $13,480 | $3,600 | $9,880 |
| 2017 | $575 | $11,960 | $3,600 | $8,360 |
| 2016 | $577 | $11,960 | $3,600 | $8,360 |
| 2014 | $323 | $6,080 | $3,600 | $2,480 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $450,000 | +36.4% | -- |
| 10/15/2020 10/15/20 | Sold | $330,000 | -2.9% | -- |
| 08/31/2020 08/31/20 | Pending | -- | -- | -- |
| 07/23/2020 07/23/20 | For Sale | $339,995 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Limited Warranty Deed | -- | -- | |
| Limited Warranty Deed | -- | -- | |
| Warranty Deed | $150,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,000 | New Conventional | |
| Closed | $230,000 | New Conventional | |
| Previous Owner | $105,000 | New Conventional |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7630642
APN: 18-067-06-043
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