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Property view

131 Waterford Way, 
Griffin, GA 30223

$178,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Yibei Xu

Cheng Zeng

Bought with KWSP02

Wepartner Realty, LLC.

MLS#

10716836

Source:

METROMLS

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About This Home

131 Waterford Way

NO SELLER FINANCING!!! ***Exceptional Investment Opportunity - lease renewal on 03/01/2026, Monthly rent is at $1,600!!! Tenant has never late for the payment. The property offers an annual return of approximately 8.13%. One month Security Deposit paid by tenant.*** - Water heater replaced on 2023 and new roof - A charming 3-bedroom, 2-bathroom and 1,290 sq. ft. single-family that offers the perfect blend of comfort and convenience. This property offers strong rental potential in a quiet, family-friendly community with growing demand from tenants seeking affordability outside of Atlanta. Conveniently located with access to major routes connecting to South Atlanta and McDonough, the home benefits from steady population growth in the Griffin area. Nearby shopping, schools, and daily amenities enhance tenant appeal and retention. With lower entry cost compared to metro Atlanta and solid rent-to-price ratios, this is an excellent opportunity for investors looking for stable cash flow and long-term appreciation in an expanding submarket.

Home Facts

Multi-Family

Built in 1993

Subdivision & Development:

None

Price Summary

185,000

MLS #:

10716836

Sold:

May 19, 2026


Structure

Structure

Year Built:

1993


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$185,000

MLS Logo
2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed August 13, 2026