32 Unit Mutlipl Multiple

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Description

See Documents for Inventory List------- Offered as a single package, this 32-unit C-class portfolio in the Griffin submarket presents a ground-floor value-add opportunity. The portfolio is bank-owned and currently producing limited cash flow (11 occupied units). Twenty-one units are currently vacant and will require municipal re-inspection prior to utility restoration.-------- This opportunity delivers value add and immediate upside through a focused rehab and lease-up strategy: 11 units currently...See Documents for Inventory List------- Offered as a single package, this 32-unit C-class portfolio in the Griffin submarket presents a ground-floor value-add opportunity. The portfolio is bank-owned and currently producing limited cash flow (11 occupied units). Twenty-one units are currently vacant and will require municipal re-inspection prior to utility restoration.-------- This opportunity delivers value add and immediate upside through a focused rehab and lease-up strategy: 11 units currently producing $7350 monthly income and the remainder positioned for efficient turnover and increased rents. The package's scale reduces per-door rehab and management cost versus single-asset acquisitions, making it ideal for an operator seeking quick stabilization and cash-flow improvement.------- The portfolio spans a range of conditions, from turnkey homes that require minimal attention to properties in need of substantial capital expenditures. Many units fall in the middle, allowing an investor to take a phased approach to renovations and value-add improvements. By implementing strategic upgrades such as modernized interiors, improved landscaping, and energy-efficient features, the next owner can not only increase rents but also attract high-quality tenants and reduce vacancy rates. The offering is intentionally structured to attract hands-on investors who can convert cosmetic and systems upgrades into higher rents and increased valuation.------- Griffin, GA is poised right between Atlanta, GA and Macon Ga only 40 miles from each right along the I-75 Corridor. Griffin has been experiencing exciting growth as the last available area, relatively undeveloped in the larger metro Atlanta area. There is a newly constructed industrial park fully occupied. Large developments are ongoing on the interstate right outside of town, a new airport is in the final stages before starting construction, and our residential market is seeing an aggressive appreciation and expansion. Economically, we are seeing growth in all segments of the local economy. Griffin maintains the small town feel, attracting a variety of people and businesses while providing the location and infrastructure to become a true metro Atlanta market.------ Parcel Number (Spalding County)- Year Built -Building Address-Unit Name- City State Zip -Type Status------ 057 02004 1920 1026 W Broad St Griffin GA 30223 House Vacant 003C03061 1957 106 Riley Cir Griffin GA 30223 House Occupied 003C03061 1978 108 Riley Cir Griffin GA 30223 House Occupied 0302007 1945 117 Kentucky Ave Griffin GA 30223 House Vacant 002 15002A 1953 122 Realty Street Griffin GA 30223 Duplex Vacant 002 15002A 1953 124 Realty Street Griffin GA 30223 Duplex Occupied 06104016 1959 1321 Drewery Ave. Apt. A Griffin GA 30223 Duplex Occupied 06104016 19591321 Drewery Ave. Apt. B Griffin GA 30223 Duplex Vacant 061 05009 N/A 1328 Drewery Ave VACANT LOT Griffin GA 30223 VACANT LOT N/A 061 05008 N/A 1332 Drewery Ave VACANT LOT Griffin GA 30223 VACANT LOT N/A 06105006 1959 1340 Drewery Ave Apt. A Griffin GA 30223 Duplex Vacant 06105006 1959 1340 Drewery Ave Apt. B Griffin GA 30223 Duplex Occupied 06105006A 1959 1342 Drewery Ave Apt. A Griffin GA 30223 Duplex Vacant 06105006A 1959 1342 Drewery Ave Apt. B Griffin GA 30223 Duplex Vacant 064 01005 N/A 1431 Experiment St VACANT LOT Griffin GA 30223 VACANT LOT N/A 00705036A 1963 212 Austin St Griffin GA 30223 House Vacant 010 02023 1960 232 N 15th St Griffin GA 30223 House Occupied 00607022A 1956 420 N 3rd St Griffin GA 30223 House Occupied 00607022A 1957 422 N 3rd St Griffin GA 30223 House Vacant 008 01042 1950 448 New 10th St St Griffin GA 30223 House Occupied 00607026 1955 502 N 3rd St Griffin GA 30223 House Vacant 00705009 1964 513 Clifton Dr Griffin GA 30223 House Vacant 00705007 1962 517 Clifton Dr Griffin GA 30223 House Vacant 00705006 1962 519 Clifton Dr Griffin GA 30223 House Occupied
  1. Listed by Jared Cordova • Keller Williams Southern Premier RE

Property Details for 32 Unit Mutlipl Multiple

Subdivision
None
Fees Include
Other
Parking
Off Street
LISTING UPDATED: 01/29/2026 09:15 AM

Property Details for 32 Unit Mutlipl Multiple

StatusActive
MLS #10606264
Days on Market144
Taxes$1 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1977
Lot Size1.00 AC / 43,560 SF
CountySpalding County

Location

Listing Courtesy of Keller Williams Southern Premier RE, Jared Cordova
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Building Information for 32 Unit Mutlipl Multiple

Stories1Residences32Year Built1977Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$10,966 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,966

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 32 Unit Mutlipl Multiple

Summary
Location and General Information
  • Elementary School: Other
  • High School: Other
  • Middle School: Other
  • Amenities: None
  • Directions: Link to Google Map of Properties: https://www.google.com/maps/d/edit?mid=1li6HEELqAGL3h5yWlK3ZmfgY2j7hW3A&usp=sharing
Taxes and HOA
  • Association: No
  • Parcel Number: 003C03061
Owner
  • Owner Pays: Other
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • Basement Description: Crawl Space
Property
Utilities
  • Cooling: Other
  • Heating Type: Other
  • Water/Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public
Property and Assessments
  • Tax Year: 2024
  • Construction: Other
  • Stories: One
  • Property Condition: Resale
Lot Information
  • Structure: Duplex, House
Multi Family
Multi-Family Information
  • Number Of Units Total: 32

Schools near 32 Unit Mutlipl Multiple

This home is within Spalding County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Atkinson Elementary School
PublicPK to 5

Cowan Road Middle School
Public6 to 8

Spalding High School
Public9 to 12

Az Kelsey Academy
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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32 Unit Mutlipl Multiple is a multi-family home for sale in Griffin, GA 30223. This property was listed for sale on September 16, 2025 by Keller Williams Southern Premier RE, it's currently listed at $2,250,000. This listing's school district is Spalding County School District. Nearby schools include Atkinson Elementary School, Cowan Road Middle School and Spalding High School. 32 Unit Mutlipl Multiple is a 0-bed, 0-bath, multi-family home built in 1977.

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Listing Courtesy of Keller Williams Southern Premier RE, Jared Cordova

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.