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$1,928,524
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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 3/4 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.
Full Property Details
Full Property Details for 407 Maple Way
General
- Sold For: $1,928,524
- Taxes: $32,021 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10474750
- Added to Site: 314 day(s) ago
Parking
- Parking Features: Off-Street, Over 1 Space per Unit
Location
- County: Walton
- Driving 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.
School Information
- Elementary School: Monroe
- Middle School: Carver
- High School: Monroe Area
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Sewer Connected
Structural Information
- Construction Status: Resale
- Basement Desc.: None
- Stories/Levels: Two
- Year Built: 2004
Lot Features
- Lot Size (Acres): 2.32
- Lot Size Range: 2.32
- Lot Size Source: Public Records
Water Features
- Water Front Name: NONE
Financial Considerations
- Tax Amount: $32,021
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Investor-Owned
Listing Courtesy of: Keller Williams Realty
Sold by Keller Williams Greater Athens
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Schools
Schools serving 407 Maple Way
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Monroe Elementary School 140 Dillard Drive, Monroe, GA 30656 | PK-5 | 1.9 mi |
Carver Middle School 1095 Good Hope Road, Monroe, GA 30655 | 6-8 | 2.2 mi |
Monroe Area High School 300 Double Springs Church Road, Monroe, GA 30656 | 9-12 | 1.7 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 407 Maple Way
Date
Details
Price
Change
Source
8/28/2025
Sold
$1,928,524
-8.17%
MLS
6/11/2025
Price Reduced
$2,100,000
-8.7%
MLS
4/30/2025
Price Reduced
$2,300,000
-11.37%
MLS
3/08/2025
Listed
$2,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
407 Maple Way, Monroe, GA 30655 (MLS# 10474750) is a Multi-Family property that was sold at $1,928,524 on August 28, 2025. Want to learn more about 407 Maple Way? Do you have questions about finding other Multi-Family real estate for sale in Monroe? You can browse all Monroe real estate or contact a Coldwell Banker agent to request more information.

