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List Price $409,000
Units 2
Price / Unit $204,500

High-demand multifamily opportunity in Monroe, GA

Properties with strong cash flow potential in this market typically receive multiple offers quickly.

122 Nowell Street Monroe, GA 30655
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
CALLING ALL INVESTORS-- Looking for an income producing property with long-term tenants in place?? Don't miss your opportunity at a fully rented duplex! Property is easy to maintain and currently under professional property management. Property offers a new roof and newer HVAC. Step inside to easy-to-maintain LVP floors throughout—no carpet. The kitchen features granite countertops, ample cabinet space, and a nearby dining area. A first-floor bedroom and full bath add flexibility. Upstairs offers three spacious bedrooms with generous closet space, two full bathrooms, and an upstairs laundry room. Ideally located with easy access to highways, shopping, and dining. Exceptional income potential! Ideal opportunity for investors seeking a seamless 1031 exchange with strong income potential and long-term appreciation
Investment Context for Monroe Multifamily:
  • Located in the Monroe, GA area with access to regional employment centers
  • Typical value-add potential through professional management and improvements
  • Multifamily rental demand varies by submarket — local verification recommended
  • Cash flow performance depends on occupancy, expenses, and market conditions
PROFESSIONAL INVESTMENT ANALYSIS

Modeled using FMLS data + Atlanta market benchmarks

Price per Unit $204,500 Verified
Est. Cap Rate 📊 Cap Rate Modeled
Est. Gross Income 📊 Gross Modeled
Est. NOI Estimated
Est. Year 1 Cash Flow after estimated debt service 📊 Cash Flow Modeled
✅ Confidence scores included ✅ Latest FMLS data ✅ Transparent modeling
CASH FLOW PROJECTION TOOL

Adjust assumptions to see personalized 5-year projections (Using market-based estimate)

Year 1 NOI $0
Year 1 Cash Flow $0
Year 1 Cash-on-Cash 0%
Est. Year 5 Property Value $0
Total 5-Year Cash Flow $0
* These are estimates based on available listing data and Atlanta metro market benchmarks. Detailed seller financials were not provided, so NOI was modeled conservatively. Always verify all numbers independently and consult your own professionals before making investment decisions.
SIMILAR INVESTMENT OPPORTUNITIES

Other Monroe, GA multifamily properties currently available

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IMPORTANT INVESTMENT DISCLAIMER
Important Investment Information

All financial estimates (NOI, Cap Rate, Cash Flow, Year 5 projections, etc.) are modeled using Atlanta metro market benchmarks combined with available FMLS listing data.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7701186 • Listing courtesy of Redfin Corporation, Natasha McCants • 404-800-3623

IDX Information Provided by Jeff Crowe • jeffcrowe@c21theavenues.com
FMLS • Updated Daily • Investor Analyzed