32 Mutlipl Multiple
Griffin, GA 30223
- Studio
Studio
(on 1 acre)
Local Information
© Google
-- mins to
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 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
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 32 Mutlipl Multiple
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MLS Status: Active |
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Interior Details Basement: Crawl Space |
Appliances & Utilities Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
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Parking & Garage No CarportNo GarageNo Attached GarageParking: Off Street |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 135Days on Market: 180+ |
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Year Built Year Built: 1977 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: Duplex, HouseArchitecture: Duplex,House |
Building Construction Materials: OtherNot a New Construction |
Property Information Condition: ResaleParcel Number: 003C03061 |
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Price List Price: $2,250,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: GriffinCommunity: None |
School Information Elementary School: OtherJr High / Middle School: OtherHigh School: Other |
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Listing Agent Listing ID: 10606264 |
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Community Features: None |
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HOA Fee Includes: OtherNo HOA |
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Lot Area: 1 Acres |
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Listing Agreement Type: Exclusive Right To Sell |
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Owner Pays: Other |
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Mls Number: 10606264Showing Requirements: Call Listing Agent |
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None |
Last check for updates: about 3 hours ago
Listing courtesy of Jared Cordova, (678) 458-9418
Keller Williams Southern Premier RE
Source: GAMLS, MLS#10606264

Also Listed on GAMLS.
Price History for 32 Mutlipl Multiple
| Date | Price | Event | Source |
|---|---|---|---|
| 09/16/2025 | $2,250,000 | Listed For Sale | GAMLS #10606264 |
Similar Homes You May Like
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Comparable Sales for 32 Mutlipl Multiple
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.10 | Multi-Family Home | $134,300 | 08/04/25 | - | - | ||
0.81 | Multi-Family Home | $30,000 | 10/02/25 | - | - | ||
0.97 | Multi-Family Home | $295,000 | 05/15/25 | - | - | ||
1.07 | Multi-Family Home | $201,000 | 04/27/26 | 4 | 2 | - | |
1.17 | Multi-Family Home | $170,000 | 01/16/26 | - | - | ||
1.35 | Multi-Family Home | $214,000 | 10/31/25 | 6 | 2 | - | |
1.25 | Multi-Family Home | $155,000 | 10/30/25 | - | - | ||
1.49 | Multi-Family Home | $120,000 | 06/19/25 | 4 | - | - | |
1.67 | Multi-Family Home | $97,000 | 07/09/25 | 1 | 1 | - |
Assigned Schools
These are the assigned schools for 32 Mutlipl Multiple.
What Locals Say about Experiment
At least 25 Trulia users voted on each feature.
96 % Say parking is easy
73 % Say car is needed
72 % Say yards are well-kept
59 % Say kids play outside
58 % Say there's holiday spirit
48 % Say there's wildlife
41 % Say it's quiet
40 % Say neighbors are friendly
39 % Say people would walk alone at night
33 % Say it's dog friendly
33 % Say it's walkable to restaurants
29 % Say streets are well-lit
27 % Say they plan to stay for at least 5 years
23 % Say it's walkable to grocery stores
21 % Say there are community events
16 % Say there are sidewalks
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jared Cordova, Keller Williams Southern Premier RE
Agent Phone: (678) 458-9418

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
Copyright 2026 GAMLS. All rights reserved.
32 Mutlipl Multiple, Griffin, GA 30223 is a studio multi-family built in 1977. This property is currently available for sale and was listed by GAMLS on Sep 16, 2025. The MLS # for this home is MLS# 10606264.

