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  • $1,928,525

    407 Maple Way, Monroe, GA 30655

    7beds
    5baths
    --sqft
    Other, Residential Income
    Built in 2004
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,519 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,519/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Community and Council,

    Keller Williams Realty Intown ATL 404-541-3500,

    RUSSELL ALLEN,

    Keller Williams Realty Intown ATL

    Bought with:

    NON-MLS NMLS

    Non FMLS Member

    Source: FMLS GA,MLS#: 7537309MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Windows: None

    Property

    Parking
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: No Dock
    • Fencing: None
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 2.32 Acres
    • Features: Cul-De-Sac
    Details
    • Parcel number: M011000000219000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other, Residential Income
    Materials
    • Cement Siding
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & neighborhood

    Security
    • Security features: None
    Community
    • Community features: None
    Location
    • Region: Monroe
    • Subdivision: Maple Place

    Price history

    DateEventPrice
    8/28/2025Sold$1,928,525-8.2%
    Source: FMLS GA #7537309 Report a problem
    6/26/2025Pending sale$2,100,000
    Source: GAMLS #10474750 Report a problem
    6/11/2025Price change$2,100,000-8.7%
    Source: FMLS GA #7537309 Report a problem
    4/30/2025Price change$2,300,000-11.4%
    Source: GAMLS #10474750 Report a problem
    3/8/2025Listed for sale$2,595,000+3.8%
    Source: FMLS GA #7537309 Report a problem
    9/22/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/16/2023Price change$1,250-3.8%
    Source: Zillow Rentals Report a problem
    8/25/2023Listed for rent$1,300
    Source: Zillow Rentals Report a problem
    11/22/2021Sold$2,500,000
    Source: Public Record Report a problem
    10/31/2021Pending sale$2,500,000
    Source: FMLS GA #6947931 Report a problem
    10/19/2021Contingent$2,500,000
    Source: FMLS GA #6947931 Report a problem
    10/19/2021Pending sale$2,500,000
    Source: GAMLS #9055212 Report a problem
    9/23/2021Price change$2,500,000+25%
    Source: FMLS GA #6947931 Report a problem
    9/22/2021Listed for sale$2,000,000+192%
    Source: GAMLS #9055212 Report a problem
    5/15/2015Sold$685,000+1.5%
    Source: Public Record Report a problem
    9/17/2010Listing removed$675,000
    Source: Eastland Realty #4068603 Report a problem
    8/18/2010Price change$675,000-6.3%
    Source: Eastland Realty #4068603 Report a problem
    7/16/2010Listed for sale$720,000-15.3%
    Source: Eastland Realty #4068603 Report a problem
    5/21/2010Listing removed$850,000
    Source: PRUDENTIAL ATLANTA RLTY #2545810 Report a problem
    3/6/2010Listed for sale$850,000
    Source: PRUDENTIAL GEORGIA REALTY #3796945 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$32,021 -2.6%$940,680
    2023$32,889 -7.1%$940,680 -0.8%
    2022$35,405 +259.6%$948,080 +272.1%
    2021$9,846 -2.4%$254,760
    2020$10,090 -0.8%$254,760
    2019$10,167 0%$254,760
    2018$10,172 +1.4%$254,760
    2017$10,033 -4.7%$254,760 -0.3%
    2016$10,529 -1.7%$255,400
    2015$10,716 $255,400 -0.2%
    2014$10,716 $256,000 +237.7%
    2004-- $75,817 +302.4%
    2003-- $18,842
    2002-- $18,842 +22.2%
    2001-- $15,424

    Find assessor info on the county website

    Neighborhood: 30655

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Monroe
    • Middle: Carver
    • High: Monroe Area

    Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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