Movoto Real Estate
Sold on 07/23/2025

407 Maple Way, Monroe, GA 30655

  • $1,928,525

    Last sold 07/23/2025 after 137 Days

  • bed

  • bath

Multi-family not for sale
Movoto is helping 15 homebuyers near you

About 407 Maple Way

Property type Multi-family
Neighborhood
Year built 2004
HOA fee $0/month
Lot size 2.32 Acre
Movoto estimate
Rental estimate
Property description
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 ¾ 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.
Listed by
Listing Agent - Community and Council
Listing Agent Contact: 404-541-3500
Listing Office - Keller Williams Realty Intown ATL
Source: FMLS mls logo
MLS#7537309 • last updated 9 months ago
Movoto checked FMLS for data 6 minutes ago
Overview
Cooling/AC Central Air
Heating Central
Levels/Style Two
Status Active Under Contract
SubType Residential Income
MLS # 7537309
Lot Size (Acres) 2.32
Property Tax $ 32021
Year Built 2004
Property Condition Resale
Interior
Accessibility Features None
Window Features None
Exterior
Exterior Cement Siding
Roof Composition
Parking Desc Parking Lot
Lot Desc Cul-De-Sac
Amenities / Utilities
Water Source Public
Sewer/ Septic Public Sewer
Green Features: Energy Efficient None
Green Features: Energy Generation None
Location
Body of Water None
View Other
County Walton - GA
Subdivision Maple Place
Community Features None
Elementary School Monroe
High School Monroe Area
Middle School Carver
Directions From US-78 E Take Exit Toward Monroe And Turn Right Onto GA-11S/N Broad St. Turn Left Onto Sorrells St. Property On Your Right.
APN M011000000219000
$2.01M
Range: $1.79M-$2.24M
Last 30 days 
Rental est.: $1,477/month
Gross rent multiplier: 118.5
  • Jul 2025
    mls logo MLS # 7537309
  • Jul 25, 2025 Pending
  • Jun 11, 2025 Price Change
    $2,100,000 (-8.7%)
  • Jun 9, 2025 Listed
  • May 8, 2025 Active
  • Apr 22, 2025 Listed
  • Mar 20, 2025 Active
  • Mar 8, 2025 Listed
    $2,595,000
  • Jun 2025
    mls logo MLS # 10474750
  • Jun 26, 2025 Pending
  • Jun 9, 2025 Listed
  • May 8, 2025 Active
  • Apr 30, 2025 Price Change
    $2,300,000 (-11.4%)
  • Mar 8, 2025 Listed
    $2,595,000 (+3.8%)
  • Dec 2021
    mls logo MLS # 6947931
  • Dec 3, 2021 Sold
    $2,500,000
  • Oct 31, 2021 Pending
  • Oct 19, 2021 Active
  • Sep 23, 2021 Price Change
    $2,500,000 (+25.0%)
  • Sep 22, 2021 Listed
    $2,000,000
  • Dec 2021
    mls logo MLS # 9055212
  • Dec 1, 2021 Sold
    $2,500,000
  • Oct 19, 2021 Under Contract
  • Sep 22, 2021 Listed
    $2,000,000
  • 407 Maple Way
    $1.92M
  • Maple Place
  • 30655
    $391K +1% y/y
  • Monroe
    $480K +3% y/y
No chart available
Statistics calculated by Movoto

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4/10
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5/10
Source: GreatSchools.org © 2026. All rights reserved.

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