Multi Family Portfolio Opportunity! Calling all investors! Welcome to 808 East Spring Street, a Quadruplex located in the heart of beautiful Monroe. Located about an hour east of Atlanta, and 25 minutes from Athens. This property is less than a mile from downtown Monroe, Highway 78, and many shops, and great schools, such as George Walton Academy. Each unit contains 2 bedrooms and 1.5 baths that have been completely updated. Each unit is currently tenant occupied, 100% leased and renting between $1300-$1500 per unit. The property is being sold in a package with two triplexes located at 225-229 Baker Street Monroe, Georgia 30655. Properties are being sold As-is.
TownhomeProperty Type
1971Year Built
0.47 acresLot Size
$277Est. Price/Sq.Ft.
Listed by Alexander Chronos• EXP Realty, LLC.
Bought with Joyce Zhou• Best Realty Specialists, Inc.
Source:FMLS #7371068
Redfin Estimate
$1,001,184
$401K since sold in July 2024$25K since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 163.3% higher than the average sale price ($380K) of 6 comparable homes.
Multi Family Portfolio Opportunity! Calling all investors! Welcome to 808 East Spring Street, a Quadruplex located in the heart of beautiful Monroe. Located about an hour east of Atlanta, and 25 minutes from Athens. This property is less than a mile from downtown Monroe, Highway 78, and many shops, and great schools, such as George Walton Academy. Each unit contains 2 bedrooms and 1.5 baths that have been completely updated. Each unit is currently tenant occupied, 100% leased and renting between $1300-$1500 per unit. The property is being sold in a package with two triplexes located at 225-229 Baker Street Monroe, Georgia 30655. Properties are being sold As-is.
Public Records
May 5, 2022
Sold
$1,200,000
$332/sq ft
FMLS #7017814
May 3, 2022
Sold
$480,000
$133/sq ft
Mar 21, 2022
Pending
—
Mar 16, 2022
Listed
$480,000
$133/sq ft
Renovated Quadruplex in Downtown Monroe. Each unit includes 2 bedrooms and 1.5 bathrooms. Separate storage with washer/dryer hook-up. Two dedicated paved parking spots per unit. Close to dining/shopping and easy access to I-20 and Hwy 78.
GAMLS #10029494
May 3, 2022
Sold
$480,000
$133/sq ft
Mar 21, 2022
Pending
—
Mar 16, 2022
Listed
$480,000
$133/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,340 (+66.9%)
$28,320 + $237,200
$265,520
2024
$5,598 (−2.6%)
$28,320 + $237,200
$265,520
2023
$5,749 (+102.0%)
$22,680 + $141,760
$164,440
2022
$2,846 (+5.7%)
$22,680 + $141,760
$164,440
2021
$2,692 (−1.3%)
$22,680 + $53,520
$76,200
2020
$2,726 (+1.8%)
$22,680 + $46,040
$68,720
2019
$2,677 (+2.2%)
$22,680 + $46,040
$68,720
2018
$2,620 (+2.5%)
$23,400 + $43,120
$66,520
2017
$2,555 (+29.1%)
$20,880 + $43,120
$64,000
2014
$1,980 (−19.1%)
$20,880 + $35,920
$56,800
2013
$2,447
$19,602 + $35,954
$55,556
Tax history for 808 E Spring St
Year
Property tax
Land + Additions
Assessment*
2025
$9,340 (+66.9%)
$28,320 + $237,200
$265,520
2024
$5,598 (−2.6%)
$28,320 + $237,200
$265,520
2023
$5,749 (+102.0%)
$22,680 + $141,760
$164,440
2022
$2,846 (+5.7%)
$22,680 + $141,760
$164,440
2021
$2,692 (−1.3%)
$22,680 + $53,520
$76,200
2020
$2,726 (+1.8%)
$22,680 + $46,040
$68,720
2019
$2,677 (+2.2%)
$22,680 + $46,040
$68,720
2018
$2,620 (+2.5%)
$23,400 + $43,120
$66,520
2017
$2,555 (+29.1%)
$20,880 + $43,120
$64,000
2014
$1,980 (−19.1%)
$20,880 + $35,920
$56,800
2013
$2,447
$19,602 + $35,954
$55,556
*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
4
Stories
2
Lot width
—
Lot depth
—
Lot size
0.47 Acres
Year renovated
1988
Sq. Ft.
3,619
Year built
1971
Style
Other
County
Walton County
APN
M0130094
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
B-3
Highway Commercial District
To provide an area for commercial establishments that normally depend on the traveling or commuting public for business and that generally offer extended hours of service; to allow the development of uses that usually involve larger vehicles transporting goods and servicing both commercial and industrial areas, the sales of motor vehicles and heavy equipment, and warehouse and commercial storage uses; to collect and consolidate such uses primarily on state and federal highway intersections; and to minimize strip development along streets and roadways; and to provide adequate areas for those commercial activities that generally offer extended business hours beyond the typical 8 a.m. -6 p.m. work schedule and that frequently experience periods of higher traffic volume.
Permitted uses
Include but are not limited to:
Convenience store
Day care facility
General retail
Retail-Grocery
Restaurant
Housing-Single unit
Housing-Senior
Hotel / motel
Office
Shopping centers
Property details
Parking
Parking Information
Parking Features: Driveway
Open Parking: Yes
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 4
# of Half Bathrooms: 4
Master Bathroom Features: Tub/Shower Combo
Bedroom Information
Bedroom Features: None
Interior Features
Interior Features: Other
Common Walls: 2+ Common Walls
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer