700 Murphy Avenue, Lagrange, GA 30240
Local realty services provided by:ERA Hirsch Real Estate Team
700 Murphy Avenue,Lagrange, GA 30240
$309,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: mark hubbard
Office: go realty
MLS#:10884393
Source:METROMLS
Price summary
- Price:$309,900
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....
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Home facts
- Year built:1918
- Subdivision & Development:None
- Listing ID #:10884393
- Updated:November 15, 2026 at 12:07 PM
Rooms and interior
- Basement Description:Crawl Space
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Electric, Gas, Heat Pump, Window Unit(s)
- Heating:Central, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1918
- Lot area:0.48 Acres
- Construction Materials:Concrete
- Levels:1 Story
Schools
- High school:Lagrange
- Middle school:Gardner Newman
- Elementary school:Weathersbee
Utilities
- Water:Public, Water Billing Prorated
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$309,900
- Tax amount:$1,646 (2025)
Features and amenities
- Laundry features:In Unit
Parking
- Total parking spaces:3
- Parking description:Off Street Parking, Parking Pad
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