32 UNIT MUTLIPL Multiple, Griffin, GA 30223
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
32 UNIT MUTLIPL Multiple,Griffin, GA 30223
$2,250,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jared cordova
Office: keller williams southern premier re
MLS#:10606264
Source:METROMLS
Price summary
- Price:$2,250,000
About this home
***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
Contact an agent
Home facts
- Year built:1977
- Listing ID #:10606264
- Updated:December 25, 2025 at 11:45 AM
Structure and exterior
- Year built:1977
- Lot area:1 Acres
Schools
- High school:Other
- Middle school:Other
- Elementary school:Other
Utilities
- Water:Public, Water Individual Meters
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,250,000
- Tax amount:$1 (2024)
2025 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed December 25, 2025New listings near 32 UNIT MUTLIPL Multiple
- New
$199,000Active4 beds 2 baths523 Vineyard Road, Griffin, GA 30223
MLS# 10661030Listed by: WePartner Realty, LLC - New
Listed by BHGRE$236,900Active4 beds 3 baths1,964 sq. ft.315 Powell Avenue, Griffin, GA 30224
MLS# 10660836Listed by: BHGRE Metro Brokers - New
$435,000Active3 beds 3 baths2,268 sq. ft.143 Buck Trail, Griffin, GA 30224
MLS# 10660843Listed by: Murray Company, Realtors - New
$50,000Active1.56 Acres133 Four Oaks Drive, Griffin, GA 30224
MLS# 10660763Listed by: Keller Williams Rlty Atl Part - New
$469,900Active4 beds 3 baths2,579 sq. ft.62 Smoak Field Rd, Griffin, GA 30223
MLS# 10660487Listed by: Keller Williams Rlty Cityside - New
$129,900Active1 beds 2 baths777 sq. ft.443 E Rivers Road, Griffin, GA 30224
MLS# 10660388Listed by: REMAX SOUTHERN - New
$210,000Active4 beds 2 baths1,440 sq. ft.2 Martin Road, Griffin, GA 30223
MLS# 7692745Listed by: GG SELLS ATLANTA - New
$150,000Active2 beds 1 baths1123 Drewery Avenue, Griffin, GA 30223
MLS# 10660361Listed by: Mi Hogar Realty Group LLC - New
$260,000Active3 beds 2 baths1,705 sq. ft.61 Bartlett Drive, Griffin, GA 30224
MLS# 10660264Listed by: Mark Spain Real Estate - New
$475,000Active2 beds 3 baths2,845 sq. ft.300 Patterson Road, Griffin, GA 30223
MLS# 10659829Listed by: Bolst, Inc.
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.