700 Murphy Avenue
Lagrange, GA, 30240
$309,900
- 0.48acres
- 1918year built
- 6days on market
Your savings stack on this home
How we figured this
ZERO Closing Costs covers origination $1,300, appraisal $500, title & settlement $1,220, owner’s title insurance $1,563 and credit, flood & data fees $160, priced for Troup, GA with 20% down. Government taxes and recording fees are not included. Restrictions apply.
Questions? Call (804) 648-4357
About this home
- Garage
- Central air
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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Location
Property details
Important details
- Status
- New
- Date listed
- 11/3/2026
- Time on Market
- 6 days
- Property Type
- Triplex
- List Price
- $309,900
- Lot Size
- 0.48 acres
- Year Built
- 1918
- County
- Troup
- Community
- None
- HOA
- No
Interior details
- Basement
- Crawl Space
- Heating
- Heat Pump, Natural Gas, Central
- Cooling
- Electric, Gas, Ceiling Fan(s), Central Air, Heat Pump, Window Unit(s)
Building & lot
Building
- Property Type
- Triplex
- Year Built
- 1918
- Construction
- Concrete, Other
Lot Info
- Lot Size
- 0.48 acres
- Parcel Number
- 0601B001008
Exterior Features
- Pool
- No
Parking
- Parking Features
- Off Street, Parking Pad
- Garage
- Yes
Ownership
Community details
School Districts
- Elementary
- Weathersbee
- Middle
- Gardner Newman
- High
- Lagrange
Utilities
- Sewer
- Public Sewer
- Water
- Public
Neighborhood
- Subdivision
- None
- HOA
- No
Taxes & Assessment
- Annual Tax
- $1,646
- Tax Year
- 2025
Listing information
Listing Details
- MLS System
- GAMLS
- MLS ID
- 10884393
- MLS Status
- New
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