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.
Multi-familyProperty Type
2004Year Built
2.32 acresLot Size
Listed by Community and Council• Keller Williams Realty Intown ATL
Listed by RUSSELL ALLEN• Keller Williams Realty Intown ATL
Bought with NON-MLS NMLS• Non FMLS Member
Source:FMLS #7537309
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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.
RENTALBEAST #2
May 11, 2025
Rental Removed
$1,245
May 5, 2025
Price Changed
$1,245
May 2, 2025
Listed for Rent
$1,295
RENTALBEAST #1
Apr 20, 2025
Rental Removed
$1,295
Apr 6, 2025
Price Changed
$1,295
Mar 29, 2025
Listed for Rent
$1,345
FMLS #7266423
Sep 22, 2023
Rental Removed
$1,250
Sep 16, 2023
Price Changed
$1,250
Aug 29, 2023
Listed for Rent
$1,300
Public Records
Dec 3, 2021
Sold
$2,500,000
FMLS #6947931
Dec 3, 2021
Listing Removed
—
Nov 22, 2021
Sold
$2,500,000
Oct 31, 2021
Pending
—
Oct 19, 2021
Contingent
—
Sep 23, 2021
Price Changed
$2,500,000
Sep 22, 2021
Listed
$2,000,000
This is a rare opportunity you don't want to miss. 20 Townhomes with a combination of 3 and 4 bedrooms, all leased, some newly renovated. Very rarely are there any vacancies in this complex. This is a rare opportunity you don't want to miss. 20 Townhomes with a combination of 3 and 4 bedrooms, all leased, some newly renovated. Very rarely are there any vacancies in this complex.
GAMLS #9055212
Nov 22, 2021
Sold
$2,500,000
Oct 19, 2021
Pending
—
Oct 18, 2021
Price Changed
$2,500,000
Sep 22, 2021
Listed
$2,000,000
Public Records
May 26, 2015
Sold
$685,000
Public Records
Apr 28, 2003
Sold
$110,100
Year
Property tax
Land + Additions
Assessment*
2025
$33,090 (+3.3%)
$12,800 + $927,880
$940,680
2024
$32,021 (−2.6%)
$12,800 + $927,880
$940,680
2023
$32,889 (−7.1%)
$12,800 + $927,880
$940,680
2022
$35,405 (+259.6%)
$12,800 + $927,880
$940,680
2021
$9,846 (−2.6%)
$20,200 + $927,880
$948,080
2020
$10,105 (+0.1%)
$20,200 + $234,560
$254,760
2019
$10,090 (+0.6%)
$20,200 + $234,560
$254,760
2018
$10,033 (−1.4%)
$20,200 + $234,560
$254,760
2017
$10,172 (+13.9%)
$20,200 + $234,560
$254,760
2014
$8,928 (−19.1%)
$20,200 + $235,800
$256,000
2013
$11,033
$20,218 + $230,237
$250,455
Tax history for 407 Maple Way
Year
Property tax
Land + Additions
Assessment*
2025
$33,090 (+3.3%)
$12,800 + $927,880
$940,680
2024
$32,021 (−2.6%)
$12,800 + $927,880
$940,680
2023
$32,889 (−7.1%)
$12,800 + $927,880
$940,680
2022
$35,405 (+259.6%)
$12,800 + $927,880
$940,680
2021
$9,846 (−2.6%)
$20,200 + $927,880
$948,080
2020
$10,105 (+0.1%)
$20,200 + $234,560
$254,760
2019
$10,090 (+0.6%)
$20,200 + $234,560
$254,760
2018
$10,033 (−1.4%)
$20,200 + $234,560
$254,760
2017
$10,172 (+13.9%)
$20,200 + $234,560
$254,760
2014
$8,928 (−19.1%)
$20,200 + $235,800
$256,000
2013
$11,033
$20,218 + $230,237
$250,455
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
2.32 Acres
Year renovated
—
Sq. Ft.
6,460
Year built
—
Style
Multi-Family (5+ Unit)
County
Walton County
APN
M0110219
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
R-2
INFILL_OVERLAY_DISTRICT
Multi-Family, High Density Residential District
To provide for areas of very high density, attached single-family uses with the allowance of a mixture of two-family dwellings and multi-family residential dwellings; to allow more dense residential development designed to take advantage of the economy and convenience afforded by condensed development patterns through the reduction of lot size and the congregation of site amenities open space, recreational facilities, community center, etc.; to reinforce the traditional residential development pattern characteristic of the city’s modern neighborhoods and subdivisions; to permit compatible accessory uses which normally complement a balanced and attractive residential area; to encourage and protect quality multi-family development and provide an alternative to detached single-family development; to ensure ample provision of open space and access to light and air; to establish a transitional area to buffer low and medium density residential areas from non-residential areas; and to protect high density residential areas from encroachment of incompatible non-residential uses.
Zone overlays
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure
Housing-Mobile home park
Park & open space
Property details
Parking
Parking Information
Parking Features: Parking Lot
Interior
Virtual Tour
Unit 1 Information
# of Beds Total: 4
# of Baths Total: 3
Actual Rent: $1,470
Deposit Amount: $2,100
Occupant Information: Tenant Occupies
Electric Included: No
Garbage Included: No
Gas Included: No
Water Included: No
Maintenance Included: Yes
Unit 2 Information
# of Beds Total: 3
# of Baths Total: 2
# of Half Baths: 1
Actual Rent: $1,145
Deposit Amount: $1,000
Occupant Information: Tenant Occupies
Electric Included: No
Garbage Included: No
Gas Included: No
Water Included: No
Maintenance Included: Yes
Multi-Family Information
# Of Units Total: 20
Exterior
Property Information
Levels: Two
Construction Materials: Cement Siding
Roof: Composition
Property Condition: Resale
Lot Information
TaxLegalDescription: 2.32AC
Financial
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Cooling: Central Air
Heating: Central
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Location
School Information
Elementary School: Monroe
Middle Or Junior School: Carver
High School: Monroe Area
Location Information
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.
Public facts
Beds: —
Baths: —
Sq. Ft.: 6,460
Stories: —
Lot Size: 2.32 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Walton County
APN: M0110219
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Monroe Elementary School
Public PreK-5 • Assigned • 1.9mi
5/10
Carver Middle School
Public 6-8 • Assigned • 2.1mi
6/10
Monroe Area High School
Public 9-12 • Assigned • 1.8mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Monroe, GA • 30655
Average low and high temperatures (°F)
51
31
61
39
71
46
77
53
78
61
86
68
91
72
82
68
82
64
74
52
66
46
57
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.