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131 Waterford Way Griffin, GA $ 185,000
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131 Waterford Way
$ 185,000
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131 Waterford Way

Griffin, GA, 30223
$ 185,000
Baths0.0

Monthly Estimate*

$ 1,139

131 Waterford Way, Griffin, GA 30223 - Image 1
131 Waterford Way, Griffin, GA 30223 - Image 2
131 Waterford Way, Griffin, GA 30223 - Image 3
Studio

Multi-Family Home for sale in Griffin, GA

for $185,000. This home was built in 1993 on a lot size of 0.13.

NO SELLER FINANCING!!! ***Exceptional Investment Opportunity - lease renewal on 03/01/2026, Monthly rent is at $1,600!!! Tenant has never late for the payment. The property offers an annual return of approximately 8.13%. One month Security Deposit paid by tenant.*** - Water heater replaced on 2023 and new roof - A charming 3-bedroom, 2-bathroom and 1,290 sq. ft. single-family that offers the perfect blend of comfort and convenience. This property offers strong rental potential in a quiet, family-friendly community with growing demand from tenants seeking affordability outside of Atlanta. Conveniently located with access to major routes connecting to South Atlanta and McDonough, the home benefits from steady population growth in the Griffin area. Nearby shopping, schools, and daily amenities enhance tenant appeal and retention. With lower entry cost compared to metro Atlanta and solid rent-to-price ratios, this is an excellent opportunity for investors looking for stable cash flow and long-term appreciation in an expanding submarket.

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Multi-Family Active

Price

$ 185,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,006

Style

Lot Size

0.13

Year Built

1993

Town/City

Griffin

County/Region

Spalding

MLS | Web ID

7732806
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Sewer Available Water Available
Roof Composition
Security Features None
Construction Materials Brick Front Vinyl Siding
Year Built 1993
View Other
Levels One
Property Subtype Other
Tax Year 2025
Parcel Number 066 02015
Gross Income 19200
Waterfront Features None
Community Features None
Accessibility None
County Spalding - GA
Net Operating Income 15036
Operating Expense 4164
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name N/A
Green Energy Generation None
Status Active
Directions Please follow the GPS
High School Griffin
City Griffin
Body of Water None
Number Of Units Total 1
Elementary School Cowan Road
Property Attached Y/N false
Tax Annual Amount 3006
Home Warranty Y/N false
Middle/Junior High School Cowan Road
Property Condition Resale
Standard Status Active
Cap Rate 8.13
Freehold IDX
Corporate Owner Other
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Interior
Window Features Wood Frames
Total Baths 0
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Exterior
Fencing None
Parking Features Garage
Lot Features Other
Water Source Public
Lot Dimensions 112 x 50
Lot Size Acres 0.13
Lot Size Source Public Records
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* Excluded Features
List By
Yibei Xu

Listing Agent

Wepartner Realty, Llc.

Broker

yibeix@WepartnerRealty.com

Email

Affordability Calculator

$1,390
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,139
Monthly Property Taxes
$251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4135173 Elementary School
4134370 Middle School
Griffin High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/24/2026$185,000 Listed Price

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131 Waterford Way, Griffin, GA, 30223 is a Multi-Family Home for sale at $185,000 with a lot size of 0.13. 131 Waterford Way is a studio with 0.0 baths and was built in 1993. The property's zip code is 30223 which is in Griffin, GA

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