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.
Great opportunity to own 3 income producing units for the price of one. Unit A is a 1 bedroom 1 bath that rents for $450 a month. Unit B is a 1 to 2 bedroom 2 bath unit that rents for $650 a month. Unit C is a 2 bedroom 2 bath unit that rents for $650 a month Each unit has laminate hardwood flooring, no carpet, kitchen appliances, large closets, separate power meter, and so much more. Units B and C are equipped with a washer and dryer. Water meter is shared! Current landlord pays for internet, water, electric, garbage and sewage with the exception of Unit C. Tenant pays his own power bill. New Landlord can do it differntly with proper notice. Each unit is spacious!!! Great opportunity!!!! Large corner lot... Call TODAY.
GAMLS #7475210
Aug 13, 2015
Price Changed
$35,000
Jul 29, 2015
Sold
$38,500
Jul 8, 2015
Pending
—
Jul 6, 2015
Pending
—
Jul 6, 2015
Price Changed
$38,500
Jun 19, 2015
Listed
$35,000
Vintage home circa 1918 converted to triplex offers multiple uses for the property. Live in one unit and rent the others or rent all 3, use as a home for extended family or convert back to single family unit...the possibilities are endless! Total of almost 2400+/-SF. New roof. Corner lot with mature trees offering a shady yard. Outbuilding for storage and nice fenced yard. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. To report any concerns with a listing broker/agent or to report any property condition or other concern needing escalation, including concerns related to a previously submitted offer or information on how to place an offer, please see private remarks.
Year
Property tax
Land + Additions
Assessment*
2026
$1,646
$2,920 + $57,440
$60,360
2025
$1,646 (+14.1%)
$2,920 + $57,440
$60,360
2024
$1,443 (+5.1%)
$2,920 + $57,440
$60,360
2023
$1,373 (+4.1%)
$2,920 + $47,440
$50,360
2022
$1,320 (+37.9%)
$2,920 + $44,360
$47,280
2021
$957
$2,920 + $28,800
$31,720
2020
$957 (+9.7%)
$2,920 + $28,800
$31,720
2019
$872 (+8.1%)
$2,920 + $26,000
$28,920
2018
$807
$2,904 + $23,840
$26,744
2017
$807 (+1.1%)
$2,904 + $23,840
$26,744
2015
$798 (−9.5%)
$1,692 + $13,708
$15,400
2014
$882 (−6.6%)
$2,904 + $26,271
$29,175
2013
$945 (+3.6%)
$2,904 + $28,262
$31,166
2012
$912 (−8.9%)
2010
$1,001
2009
$1,001
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
1
Lot width
66 ft.
Lot depth
210 ft.
Lot size
0.48 Acres
Year renovated
1975
Finished Sq. Ft.
2,398
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,398
Year built
1918
Style
Multi-Family (2-4 Unit)
County
Troup County
APN
0601B001008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 2026.
TN-MX
Traditional Neighborhood Mixed Use District
This zoning district is intended primarily for mixed use development of a size, scale and appearance that is compatible in close proximity to traditional single-family residences and related accessory uses located in older established City neighborhoods
Permitted uses
Include but are not limited to:
Bank
Convenience store
Day care facility
General retail
Retail-Grocery
Restaurant
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
6 days above 105° expected this year, 16 days in 30 years
6/10 Wind Factor
57% chance of strong winds in next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Lagrange, GA • 30240
Average low and high temperatures (°F)
53
32
63
41
73
47
78
54
79
61
86
69
89
73
84
69
85
64
74
54
68
46
58
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 20% for direct sun exposure in Lagrange. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 700 Murphy Ave
$306,534
$3,366 under list price of $310K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $199K to $370K.