407 Maple Way
Monroe, GA 30655
- 7 Beds
- 5 Baths
7 Beds
5 Baths
(on 2.32 acres)
Local Information
-- mins to
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 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.
407 Maple Way, Monroe, GA 30655 is a 7 bedroom, 5 bathroom multi-family built in 2004. It last sold for $1,928,525 on Aug 28, 2025 (8% below the $2,100,000 asking price). More recently, it was listed as a rental in August 2023 with an asking price of $1,300 per month. That rental listing was removed on September 22, 2023. It is currently off market. The Trulia Estimate rent is $1,709/month.
Home Highlights
Parking
Parking Lot
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Last check for updates: about 24 hours ago
Listed by Community and Council
Keller Williams Realty Intown ATL
RUSSELL ALLEN
Keller Williams Realty Intown ATL, (404) 541-3500
Bought with: NON-MLS NMLS, Non FMLS Member
Source: FMLS GA, MLS#7537309

Home Details for 407 Maple Way
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MLS Status: Closed |
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 5 |
Appliances & Utilities Utilities: Cable Available, Electricity Available, Sewer Available, Water Available |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: None |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: None |
View Has a ViewView: Other |
Security Security: None |
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Exterior Home Features Roof: CompositionFencing: NoneExterior: No DockNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Parking Lot |
Frontage Waterfront: NoneNot on Waterfront |
Water & Sewer Sewer: Public SewerWater Body: None |
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Cumulative Days on Market: 69 |
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Year Built Year Built: 2004 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Other, Residential Income |
Building Construction Materials: Cement SidingNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Condition: ResaleParcel Number: M011000000219000 |
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Price List Price: $2,100,000 |
Status Change & Dates Off Market Date: Wed Jul 23 2025Possession Timing: Close Of Escrow |
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Direction & Address City: MonroeCommunity: Maple Place |
School Information Elementary School: MonroeJr High / Middle School: CarverHigh School: Monroe Area |
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Community Features: None |
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No HOA |
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Lot Area: 2.32 Acres |
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Energy Efficiency Features: None |
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Mls Number: 7537309Attribution Contact: 404-541-3500Showing Requirements: Call Listing Agent, Do Not Show |
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None |
Price History for 407 Maple Way
| Date | Price | Event | Source |
|---|---|---|---|
| 08/28/2025 | $1,928,525 | Sold | FMLS GA #7537309 |
| 06/26/2025 | $2,100,000 | Pending | GAMLS #10474750 |
| 06/11/2025 | $2,100,000 | PriceChange | FMLS GA #7537309 |
| 04/30/2025 | $2,300,000 | PriceChange | GAMLS #10474750 |
| 03/08/2025 | $2,595,000 | Listed For Sale | FMLS GA #7537309 |
| 09/22/2023 | ListingRemoved | Zillow Rentals | |
| 09/16/2023 | $1,250 | PriceChange | Zillow Rentals |
| 08/25/2023 | $1,300 | Listed For Rent | Zillow Rentals |
| 11/22/2021 | $2,500,000 | Sold | N/A |
| 10/31/2021 | $2,500,000 | Pending | FMLS GA #6947931 |
| 10/19/2021 | $2,500,000 | Contingent | FMLS GA #6947931 |
| 10/19/2021 | $2,500,000 | Pending | GAMLS #9055212 |
| 09/23/2021 | $2,500,000 | PriceChange | FMLS GA #6947931 |
| 09/22/2021 | $2,000,000 | Listed For Sale | GAMLS #9055212 |
| 05/15/2015 | $685,000 | Sold | N/A |
| 09/17/2010 | $675,000 | ListingRemoved | Agent Provided |
| 08/18/2010 | $675,000 | PriceChange | Agent Provided |
| 07/16/2010 | $720,000 | Listed For Sale | Agent Provided |
| 05/21/2010 | $850,000 | ListingRemoved | Agent Provided |
| 03/06/2010 | $850,000 | Listed For Sale | Agent Provided |
Market trends in Monroe
Last updated June 2026
Avg. sale price
$338K
$4KMoM
Sale-to-List Price
98.4%
0.1%MoM
Price per sq ft
$189
$0MoM
Available listings
302
4MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $33,090 |
| Assessment | $2,351,701 |
Home facts updated by county records
Comparable Sales for 407 Maple Way
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.80 | Multi-Family Home | $2,750,000 | 12/23/25 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 407 Maple Way.
What Locals Say about Monroe
At least 143 Trulia users voted on each feature.
89 % Say car is needed
80 % Say parking is easy
79 % Say yards are well-kept
74 % Say kids play outside
71 % Say there's holiday spirit
64 % Say it's dog friendly
49 % Say there are sidewalks
48 % Say neighbors are friendly
46 % Say streets are well-lit
46 % Say people would walk alone at night
46 % Say it's quiet
39 % Say there's wildlife
36 % Say it's walkable to grocery stores
35 % Say it's walkable to restaurants
34 % Say they plan to stay for at least 5 years
31 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 407 Maple Way
Off Market Homes Near 407 Maple Way

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