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  • Price$185,000
  • Acres0.38
  • Built1966

622 W Poplar Street, Griffin

Exceptional Value-Add Multifamily Investment Opportunity... We're excited to present this rare 4-unit multifamily property with a separate storage building that once was a 5th unit. located in a prime, high-demand area just off the town's main thoroughfare. Currently, all 4 units are rented, generating $3,125/month in rental income. A potential 5th unit, if leased, is projected to bring in an additional $750/month-pushing total potential income to $3,875/month. The owner pays utilities for the 4 units in the main building. This property offers significant upside potential. While the building and a few units need improvements, the asking price reflects these needed renovations, making it a strong value-add play. With strategic upgrades, there's ample opportunity to increase rents and reposition this property into a high-performing income asset. Ideally situated within walking distance to restaurants, shops, and amenities, the location enhances tenant demand and long-term investment appeal. Key Highlights: 4-unit multifamily in a prime location $3,125/month current income with upside to $3,875+. Strong rental demand area near town center. Below-market asking price due to renovation needs. Significant potential for rent increases and appreciation. Please note: Do not disturb tenants. Showings available only with an executed contract.

Essential Information

  • MLS® #10518811
  • Price$185,000
  • Bathrooms0.00
  • Acres0.38
  • Year Built1966
  • TypeResidential Income
  • StatusUnder Contract

Amenities

  • UtilitiesSewer Connected, Electricity Billing Prorated, Gas Billing Prorated
  • ParkingOff Street

Exterior

  • ConstructionBrick, Wood Siding, Block

Additional Information

  • Days on Market7

Community Information

  • Address622 W Poplar Street
  • SubdivisionNone
  • CityGriffin
  • CountySpalding
  • StateGA
  • Zip Code30224

Interior

  • HeatingOther
  • CoolingNone, Window Unit(s)
  • StoriesTwo

School Information

  • ElementaryAnne Street
  • MiddleRehoboth Road
  • HighGriffin

Listing Details

  • Listing Provided Courtesy Of Keller Williams Southern Premier Re

Price Change History for 622 W Poplar Street, Griffin, GA (MLS® #10518811)

Date Details Price Change
Under Contract (from New)
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Listing information last updated on August 13th, 2025 at 3:00am CDT.