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700 Murphy Avenue, 
Lagrange, GA 30240

$309,900


—

Bed


—

Bath


-

Sq Ft


Multi-Family

Active

Listed by

Mark Hubbard

Go Realty

Last updated:

November 8, 2026, 12:29 PM

MLS#

10884393

Source:

METROMLS

About This Home

700 Murphy Avenue

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.

Home Facts

Multi-Family

Built in 1918

Subdivision & Development:

None

Price Summary

309,900

MLS #:

10884393

Last Updated:

November 8, 2026, 12:29 PM


Structure

Structure

Year Built:

1918


Lot

Lot Size (Sq. Ft):

20,908


Finances & Disclosures

Finances

Price:

$309,900

MLS Logo
2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed November 8, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.