Active$235,000
1 bd1 ba868 SFSingle-family home
116 Norris Street
Monroe, GA 30655 · Monroe Cotton Mills · 81 days listed
FMLS #7821579 · Listing Provided By Keller Williams Realty Atl Partners · 678-294-6288
Active66 days listed
309 Glen Iris Drive, Monroe, GA 30655
- 3bd
- 3ba
- 1,248SF
FMLS #7827624 · Listing Provided By Keller Williams Realty Atl Partners · 770-317-2259 · Listing agent Wrynn Carson
About this home
Opportunity awaits at 309 Glen Iris Drive! This 3-bedroom, 3-bath home is a true fixer-upper with plenty of potential for the buyer who is ready to bring their ideas and make it their own. Whether you're an investor looking for your next renovation project or a buyer searching for a home you can update to fit your style, this property offers a great opportunity. It has a large sunroom and a dedicated laundry space. With three bedrooms and three baths, there is already a foundation for creating a comfortable and functional home.The home is being sold as is.
How this list price compares in Monroe
- List price is 51% below the Monroe median list price of $475,000 (307 homes).
- Compared with 296 single-family homes in Monroe: 53% below the median of $499,450.
- List price per square foot is 7% below the Monroe median of $202/SF.
- All 307 homes for sale in Monroe, GA.
- 643 homes for sale in Walton County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Single-family home
- Status
- Active
- Bedrooms
- 3
- Full baths
- 3
- Living area
- 1,248 SF
- Year built
- 1953
- Levels
- One
- Main-level bedrooms
- 3
- Style
- Ranch
- Construction
- Vinyl Siding
- Roof
- Composition
- Flooring
- Hardwood, Vinyl
- Heating
- Central
- Cooling
- Central Air
- Appliances
- Electric Cooktop, Electric Water Heater, Refrigerator
- Lot
- Back Yard, Front Yard
- HOA
- No
- Annual tax
- $1,298 (2025)
- County
- Walton
Assigned schools
- HighMonroe Area
- MiddleCarver
- ElementaryHarmony - Walton
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $235,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,774/mo
- Principal and interest
- $1,453
- Property tax
- $108
- Home insurance
- $125
- Mortgage insurance
- $88
- HOA dues
- $0
- Loan amount
- $211,500
- Cash down
- $23,500
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Questions about this home
How do I schedule a showing of this home?
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
How do I get more information about this listing?
Send your question through the form on this page. Listing details come from FMLS and are provided by Keller Williams Realty Atl Partners, so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
How is the monthly payment estimate calculated?
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
Where can I see similar homes for sale in Monroe?
See the similar homes section on this page, or browse all homes for sale in Monroe, GA.
Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- Georgia apartment buildings for saleApartment buildings and complexes for sale across Georgia.
- Georgia multifamily investment properties for saleDuplexes to large complexes, with screening cap rates on each building.
- church buildings for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- commercial properties for sale in GeorgiaOffice, retail, industrial and other commercial buildings.
- churches for sale in AtlantaChurch buildings for sale in Atlanta.
Investor research and tools
- Atlanta apartment cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- multifamily NOI guideHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR loans for apartment buildingsDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- GRM for apartment buildingsGross rent multiplier on apartment buildings: the formula, Georgia asking GRMs, and when GRM misleads.
- cap rate and NOI calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- DSCR calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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