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700 Murphy AVE, LaGrange, GA, 30240

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$309,900
New Listing

700 Murphy AVE
LaGrange, GA 30240

For Sale|Triplex|Active
0
Beds
0
Total Baths
1918
Built
Subdivision:
None
County:
Troup
Call Now: (478) 335-0702
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(478) 335-0702
700 Murphy AVE700 Murphy AVE700 Murphy AVE700 Murphy AVE
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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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Listing Snapshot
Price 
$309,900
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.48 Acres
Year Built 
1918
MLS Number 
10884393
Status 
Active
Property Tax 
$1,646.2
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 hours agoListing first seen on site
9 hours agoListing updated with changes from the MLS
General Features
Acres 
0.48
Garage 
Yes
Garage Spaces 
3
Green Energy Efficient 
Windows
Levels 
One
Parking 
Off StreetParking Pad
Parking Spaces 
3
Property Sub Type 
Triplex
Sewer 
Public Sewer
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Basement 
Crawl Space
Cooling 
ElectricGasCeiling Fan(s)Central AirHeat PumpWindow Unit(s)
Heating 
Heat PumpNatural GasCentral
Laundry Features 
In Unit
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Exterior Features
Construction Details 
ConcreteOther
Community Features
Community Features 
None
Financing Terms Available 
1031 ExchangeCashConventional
Schools
School District
Unknown
Elementary School
Weathersbee
Middle School
Gardner Newman
High School
Lagrange
Listing courtesy of Go Realty



Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this office are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Copyright © 2020-present Georgia MLS. All rights reserved.
Last checked: 2026-11-04 06:09 AM UTC

Neighborhood & Commute
Source: Walkscore
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