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For sale

700 Murphy Avenue, Lagrange, GA 30240

Listing by Go Realty

Beds
—
Baths
—
Sq ft
—
Lot
20,909 sqft

About this home

This triplex offers a great investment opportunity with several recent improvements and strong rental income. The roof is approximately 3 years old, and the property features new windows and fresh exterior paint. Unit A has been recently remodeled, while Units B and C are in good, rentable condition. Rental rates have recently been increased, with the current monthly rents as follows: Unit A: $825 per month (recently leased), Unit B: $955 per month, Unit C: $1,350 per month Total Monthly Rental Income: approx $3,130 and Annual Gross Rental Income: approx $37,560Each unit is separately metered for electricity. Water is billed collectively, with tenants in Units B and C contributing $25 per occupant toward the monthly water expense. Unit B currently contributes $50 per month, while Unit C contributes $100 per month, for a total of $150 in water reimbursements. The average monthly water bill is approximately $120. With recent capital improvements, established rental income, and tenant contributions toward utility expenses, this property presents an attractive opportunity for an investor looking to add an income-producing property to their portfolio.

Type
Multi Family,Triplex
Year built
1918
HOA
None
Garage
—
Property tax (2025)
$1,646/yr
Listed
—
MLS #
10884393

Features

BasementSingle story

Heating

Natural Gas · Central

Cooling

Electric · Gas · Ceiling Fan(s) · Central Air · Heat Pump · Window Unit(s)

Property details

Interior

Basement:
Crawl Space
Laundry:
In Unit
Levels:
One

Exterior and lot

Lot size:
0.48 acres

Construction

Construction materials:
Concrete, Other
Property condition:
Resale

Utilities

Sewer:
Public Sewer
Water source:
Public
Utilities:
Electricity Individual Meters, Gas Individual Meters, Water Billing Prorated, Sewer Connected
Green energy:
Windows

Parking

Parking total:
3
Parking features:
Off Street, Parking Pad

Community and HOA

HOA:
No

Taxes and financial

Annual tax amount:
$1,646 (2025)
Listing terms:
Other, 1031 Exchange, Cash, Conventional
Special listing conditions:
As Is

Monthly cost

Estimated monthly cost

$1,819/mo

Principal & interest
$1,526
Property taxes
$137
Home insurance
$155

$61,980

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Nov 3, 2026Listed for sale$309,900

Schools

  • Weathersbee

    Elementary

  • Gardner Newman

    Middle

  • Lagrange

    High

School assignments can change — verify with the district before you buy.

Location

Listing information

Listing office:
Go Realty
Listing ID:
10884393
Status:
For sale

Source: Georgia MLS · Updated 6m ago · Nov 10, 2026, 4:00 AM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 10, 2026, 4:00 AM ET

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