New Listing
$309,900
 $1,664 est/mo Sourced by Back At You

700 Murphy Avenue,Lagrange, GA 30240

Lagrange, GA 30240

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Description

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.

Details

MLS #10884393
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1918
Days On Site7
Listing Provided ByGo Realty | Mark Hubbard

Features

BasementY
Story(s)1
Units3
Acreage0.48

Interior

CoolingElectric, Gas, Ceiling Fan(s), Central Air, Heat Pump, Window Unit(s)
Cooling Yes / NoYes
HeatingNatural Gas, Central
Heating Yes / NoYes
Fireplace Yes / NoNo
Fireplaces Total0
Laundry FeaturesIn Unit

Exterior

Construction MaterialsConcrete, Other

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesOff Street, Parking Pad
Open Parking Yes / NoYes

Utilities

UtilitiesElectricity Individual Meters, Gas Individual Meters, Water Billing Prorated, Sewer Connected
SewerPublic Sewer

Taxes

Tax Annual Amount1646.2
Tax Year2025

Location

Community FeaturesNone

Area Information

StateGA
CountyTroup
CityLagrange
Zip Code30240
AreaTroup
School DistrictLagrange
Elementary SchoolWeathersbee
High SchoolLagrange
Listing VS Median (in 30240)
Price:
$309,900
low | high
Med:
$299,900
53.226847370119% of Average
On site:
7
low | high
Med:
61
11.475409836066% of Average
Sourced by Back At You

Market Activity 30240

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Learn More About This Property

Coldwell Banker Upchurch Realty

Coldwell Banker Upchurch Realty

 (706) 543-4000info@upchurchrealty.com
StateGA
CountyTroup
CityLagrange
Zip Code30240
AreaTroup
School DistrictLagrange
Elementary SchoolWeathersbee
High SchoolLagrange
Listing VS Median (in 30240)
Price:
$309,900
low | high
Med:
$299,900
53.226847370119% of Average
On site:
7
low | high
Med:
61
11.475409836066% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $232K - $387K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
522 Park Avenue Property Photo 1
$265,000
522 Park Avenue
Lagrange, GA 30240
518 BOULEVARD Property Photo 1
$235,400
518 Boulevard
Lagrange, GA 30240
Listing Updated: November 3, 2026 at 4:41:22 PM PST
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