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$150,000
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Property Description
Exceptional Value-Add Multifamily Investment Opportunity... We're excited to present this rare 4-unit multifamily property with a separate storage building that once was a 5th unit. located in a prime, high-demand area just off the town's main thoroughfare. Currently, all 4 units are rented, generating $3,125/month in rental income. A potential 5th unit, if leased, is projected to bring in an additional $750/month-pushing total potential income to $3,875/month. The owner pays utilities for the 4 units in the main building. This property offers significant upside potential. While the building and a few units need improvements, the asking price reflects these needed renovations, making it a strong value-add play. With strategic upgrades, there's ample opportunity to increase rents and reposition this property into a high-performing income asset. Ideally situated within walking distance to restaurants, shops, and amenities, the location enhances tenant demand and long-term investment appeal. Key Highlights: 4-unit multifamily in a prime location $3,125/month current income with upside to $3,875+. Strong rental demand area near town center. Below-market asking price due to renovation needs. Significant potential for rent increases and appreciation. Please note: Do not disturb tenants. Showings available only with an executed contract.
Full Property Details
Full Property Details for 622 W Poplar St
General
- Sold For: $150,000
- Taxes: $3,510 (23)
- Status: Closed
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10518811
- Added to Site: 256 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Off-Street
Location
- County: Spalding
- Driving Directions: GPS Friendly. Near the corner of S 15th and Poplar St.
School Information
- Elementary School: Anne Street
- Middle School: Rehoboth Road
- High School: Griffin
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None, Window Unit(s)
- Heating Type: Other
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Electricity Billing Prorated, Gas Billing Prorated, Sewer Connected
Structural Information
- Construction Status: Resale
- Basement Desc.: Crawl Space
- Stories/Levels: Two
- Year Built: 1966
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 3
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.38
- Lot Size Range: .38
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $3,510.68
- Tax Year: 23
Disclosures and Reports
- Special Conditions: As Is, Investor-Owned, No Disclosure, Rental
Listing Courtesy of: Keller Williams Southern Premier RE
Sold by Non-Mls Company
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Schools
Schools serving 622 W Poplar St
School District:Spalding County School District
| Name | Grades | Distance |
|---|---|---|
Anne Street Elementary School 802 Anne Street, Griffin, GA 30224 | PK-5 | 0.7 mi |
Rehoboth Road Middle School 1500 Rehoboth Road, Griffin, GA 30224 | 6-8 | 5.1 mi |
Griffin High School 1617 West Poplar Street, Griffin, GA 30224 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 622 W Poplar St
Date
Details
Price
Change
Source
8/28/2025
Sold
$150,000
-18.92%
MLS
5/06/2025
Listed
$185,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
622 W Poplar Street, Griffin, GA 30224 (MLS# 10518811) is a Multi-Family property that was sold at $150,000 on August 28, 2025. Want to learn more about 622 W Poplar Street? 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.

