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$185,000

  • For Sale
  • Under Contract
  • Multi-Family
  • 3 Total Beds
  • Updated 7 days ago
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NO SELLER FINANCING!!! ***Exceptional Investment Opportunity - lease renewal on 03/01/2026, Monthly rent is at $1,600!!! Tenant has never late for the payment. The property offers an annual return of approximately 8.13%. One month Security Deposit paid by tenant.*** - Water heater replaced on 2023 and new roof - A charming 3-bedroom, 2-bathroom and 1,290 sq. ft. single-family that offers the perfect blend of comfort and convenience. This property offers strong rental potential in a quiet, family-friendly community with growing demand from tenants seeking affordability outside of Atlanta. Conveniently located with access to major routes connecting to South Atlanta and McDonough, the home benefits from steady population growth in the Griffin area. Nearby shopping, schools, and daily amenities enhance tenant appeal and retention. With lower entry cost compared to metro Atlanta and solid rent-to-price ratios, this is an excellent opportunity for investors looking for stable cash flow and long-term appreciation in an expanding submarket.

Full Property Details for 131 Waterford Way

General

  • Price: $185,000
  • Taxes: $3,006 (2025)
  • Status: Under Contract
  • Type: Multi-Family
  • Source: GAMLS_Atlanta
  • MLS ID: 10716836
  • Updated: 5/7/2026
  • Added to Site: 52 day(s) ago

Rooms

Bedrooms

  • Total Bedrooms: 3

Parking

  • Parking Features: Garage

Location

  • County: Spalding
  • Driving Directions: Please follow the GPS

School Information

  • Elementary School: Cowan Road
  • Middle School: Cowan Road
  • High School: Griffin

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Water/Sewer: Public Sewer
  • Utility Description: Electricity Individual Meters, Individual Water Meters

Structural Information

  • Construction Status: Resale
  • Basement Desc.: None
  • Stories/Levels: One
  • Year Built: 1993

Unit Information

Unit 1

  • Square Feet: 1290
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size Range: .13
  • Lot Size Source: Public Records

Water Features

  • Water Front Name: NONE

Financial Considerations

  • Tax Amount: $3,006
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Other

Listing Courtesy of: WePartner Realty, LLC

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Listing agents

— 131 Waterford Way —

  • WePartner Realty, LLC

  • WePartner Realty, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 131 Waterford Way

School District:Spalding County School District
NameGradesDistance
Cowan Road Elementary School
1233 Cowan Road, Griffin, GA 30223
PK-51.2 mi
Cowan Road Middle School
1185 Cowan Road, Griffin, GA 30223
6-81 mi
Griffin High School
1617 West Poplar Street, Griffin, GA 30224
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 131 Waterford Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/24/2026
Listed
$185,000
-74.48%
MLS
6/30/2021
Sold
$724,899
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 131 Waterford Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,785
-7%
$72,945
6%
2024
$3,006
46%
$68,749
29%
2023
$2,060
109%
$53,393
116%
2021
$986
-46%
$24,675
-46%
2022
$1,816
84%
$45,446
83%
2021
$986
23%
$24,768
25%
2019
$804
5%
$19,755
9%
2018
$767
-3%
$18,159
-5%
2017
$792
-2%
$19,156
—
2016
$805
-9%
$19,156
-7%
2015
$881
-3%
$20,632
—
2014
$907
-2%
$20,632
-2%
2013
$927
—
$20,956
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listing Courtesy of: WePartner Realty, LLC

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131 Waterford Way, Griffin, GA 30223 (MLS# 10716836) is a Multi-Family property with 1 unit containing 3 bedrooms and 0 full bathrooms. 131 Waterford Way is currently listed for $185,000 and was received on March 24, 2026. Want to learn more about 131 Waterford Way? Do you have questions about finding other Multi-Family real estate for sale in Griffin? You can browse all Griffin real estate or contact a Coldwell Banker agent to request more information.

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