407 Maple Way

Monroe, GA 30655

$1,928,525
Last Sold Price
7
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Closed 8/28/25
Closed 8/28/25
a car parked in front of a house

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...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.
  1. Listed by Community and Council • Keller Williams Realty Intown ATL • 404-541-3500
  2. Listed by RUSSELL ALLEN • Keller Williams Realty Intown ATL

Property Details for 407 Maple Way

Subdivision Complex
Maple Place
Parking Features
Parking Lot
Property Attached
No
Waterfront Features
None
LISTING CLOSED: 08/28/2025 12:00 AM

Property Details for 407 Maple Way

StatusClosed
MLS #7537309
Days on Market69
Taxes$32,021 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Other
Year Built2004
Lot Size2.32 AC / 101,059 SF
CountyWalton County
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Location

Listing Courtesy of Keller Williams Realty Intown ATL, Community and Council; Keller Williams Realty Intown ATL, RUSSELL ALLEN

Sold By Non FMLS Member, NON-MLS NMLS

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Building Information for 407 Maple Way

Stories2Residences20Year Built2004Building Size-Lot Size2.32 AC / 101,059 SF

Payment Calculator

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$12,278 per month

30 year fixed, 6.36% Interest

Principal and Interest

$9,610

Property Taxes

$2,668

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 407 Maple Way

Summary
Location and General Information
  • Community Features: None
  • 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.
  • Lake Name: None
  • View: Other
  • Coordinates: -83.711679, 33.80538
Taxes and HOA Information
  • Parcel Number: M011000000219000
  • Tax Year: 2024
  • Association: No
  • Tax Legal Description: 2.32AC
School Information
  • Elementary School: Monroe
  • High School: Monroe Area
  • Middle School: Carver
Agent
Payment and Rate
  • Concessions Amt: $.00
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Basement: None
  • Levels/Stories: Two
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Cement Siding
  • Dock: None
  • Fencing: None
  • Roof Type: Composition
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Sewer Available,Water Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Lot Features: Cul-De-Sac
  • Acreage Source: Public Records
Multi Family
Multi-Family Information
  • Unit Count: 2
  • NUM OF UNITS: 20
Unit 1
  • Unit Deposit Amount: $2,100.00
  • Unit Electric Included: No
  • Unit Features: None
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: No
  • Unit Rent Amount: $1,470.00
  • Unit Full Baths: 3
  • Unit Bedrooms: 4
Unit 2
  • Unit Deposit Amount: $1,000.00
  • Unit Electric Included: No
  • Unit Features: None
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 1
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: No
  • Unit Rent Amount: $1,145.00
  • Unit Full Baths: 2
  • Unit Bedrooms: 3
Rental
Rent Information
  • Terms: Conventional
  • Occupant Types: Tenant

Property History for 407 Maple Way

DateEvent & SourcePriceAppreciation
Aug 28, 2025

Sold (Public Record)

Public Record #1925489298

$1,928,525

-6.7% / yr

Nov 22, 2021

Sold (Public Record)

Public Record #1479138795

$2,500,000

+21.9% / yr

May 15, 2015

Sold (Public Record)

Public Record #548693999

$685,000—
DateEvent & SourcePrice
08/28/2025

Sold (Public Record)

Public Record #1925489298

$1,928,525

-6.7% / yr

11/22/2021

Sold (Public Record)

Public Record #1479138795

$2,500,000

+21.9% / yr

05/15/2015

Sold (Public Record)

Public Record #548693999

$685,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 407 Maple Way

Taxable ValueLand$12,800Additions$927,880Total$940,680
Tax Record2025$33,090 ($2,758 / month)
Home Facts
Total Finished SqFt6,460 SqFtAbove Grade Finished SqFt6,460 SqFtStories2Lot Size101,059 SqFtStyleMulti-Family Res (5+ Units)Year Built2004ZoningR2CountyWALTONAPNM0110-219

Schools near 407 Maple Way

This home is within Walton County School District.
Rating
School
Type
Grades
Distance
Monroe Elementary School
Public - PK to 5
Carver Middle School
Public - 6 to 8
Monroe Area High School
Public - 9 to 12
Johnston Institute Inc Dba Monroe Country Day School
Private - PK to 9
Rating
School
Distance
Monroe Elementary School
PublicPK to 5

Carver Middle School
Public6 to 8

Monroe Area High School
Public9 to 12

Johnston Institute Inc Dba Monroe Country Day School
PrivatePK to 9

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Intown ATL, Community and Council; Keller Williams Realty Intown ATL, RUSSELL ALLEN

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.