839 Commodore Drive NW
Atlanta, GA, 30318 $ 459,000
Baths0.0 Monthly Estimate*
$ 2,864
Studio for $459,000. This home was built in 1950 on a lot size of 0.248.
This property represents the kind of opportunity serious investors look for when they want long term upside, strong rental demand, and positioning inside one of Atlanta's most important redevelopment corridors. Located at 839 Commodore Drive NW in the heart of the Dixie Hills and Bankhead area, this home sits in a pocket that continues to benefit from city backed revitalization, infrastructure investment, and steady tenant demand driven by proximity to Downtown Atlanta, West Midtown, Georgia Tech, Mercedes Benz Stadium, and the BeltLine expansion plans moving west. What makes this property stand out immediately is its scale and layout. With five bedrooms and two full baths on a single level, it offers a rare combination of space and functionality that performs extremely well in the rental market. Homes of this size in this corridor consistently attract strong tenant interest because they support multiple household types, including larger families, multi generational living, shared housing models, and room by room rental strategies. Investors understand that bedroom count is leverage, and this home delivers exactly that. The property sits on a generous quarter acre lot, providing privacy, flexibility, and future optionality. Large lots in this area are increasingly valuable as redevelopment accelerates and land becomes more scarce. Whether an investor's strategy is long term buy and hold, Section 8 placement, short term corporate style leasing, or future redevelopment, this lot size creates options that smaller parcels simply cannot offer. From a construction standpoint, the home features wood frame construction with durable vinyl siding and stone accent details, paired with an asphalt shingle roof. This is a practical, cost effective build style that investors favor because it keeps long term maintenance predictable and affordable. The single story layout is another major advantage, as it reduces structural complexity, simplifies repairs, and appeals to a wider tenant pool that includes families and renters seeking easy accessibility. Parking is often overlooked, but not here. The private driveway offers convenient off street parking, a key feature that supports rental desirability in urban corridors. Tenants value ease of access, and investors benefit from fewer parking related issues over time. From a rental perspective, this area continues to perform well. Comparable homes in the immediate vicinity support strong monthly rents, particularly for five bedroom properties. This home is well positioned to generate consistent cash flow while still offering upside through cosmetic enhancements or strategic repositioning. Light upgrades such as interior paint, flooring refreshes, fixture updates, or adding washer dryer access can push rental rates even higher without heavy capital expenditure. For investors who understand value add strategies, this property offers a clear path to improved returns. Beyond the numbers, location is the story investors care about most, and this address delivers. Dixie Hills and Bankhead are no longer fringe areas. They are transformation zones. Investors who entered this corridor early have already seen appreciation, and those entering now are positioning themselves ahead of the next wave. The proximity to major employment centers, transit access, and ongoing redevelopment projects continues to strengthen tenant demand while supporting long term appreciation. This property also fits cleanly into multiple investor profiles. It works for buy and hold investors looking for steady cash flow. It works for Section 8 investors seeking larger bedroom counts with strong demand. It works for portfolio builders who want properties that are easy to manage and lease. It even works for forward thinking investors who understand the long term land value and future redevelopment potential of this corridor. What truly sets this offering apart is how it has been positioned. This is not just a list
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Individual Meters
Association Fee Includes None
Construction Materials Brick Wood Siding
Year Built 1950
Levels One
Property Subtype Multi Family Duplex
Tax Year 24
Community Features None
County Fulton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Dixie Hills
Garage Y/N N
Status New
Directions Detailed Driving Directions to 839 Commodore Dr NW Atlanta GA 30318 From Downtown Atlanta Take I-75/85 North and merge onto I-20 West toward Birmingham. Exit at MLK Jr Dr NW. Turn right onto Ma
High School Washington
City Atlanta
Senior Community Y/N N
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 10802.88
Carport Y/N N
Elementary School Woodson
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3604.36
Home Warranty Y/N N
Middle/Junior High School J. L. Invictus Academy
Property Condition Updated/Remodeled
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorBasement None
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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ExteriorParking Features Parking Pad
Water Source Public
Total Parking 2
Lot Size Area 10802.88
Spa N
Lot Size Acres 0.248
Lot Size Source Public Records
Waterfront Y/N N
Horse Y/N N
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* Excluded FeaturesList Byjuanita.wright@exprealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,864
- Monthly Property Taxes
- $300
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbyMulti-family listings in Atlanta, GA
Average List Price $723,507
Percent of Sale Price 58%
About Atlanta, GA 478,204 Population
15% Since 2002
$ 55,840 Median Income
35.72 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
5367308 Elementary School
4361202 Middle School
Washington High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/24/2025 | $459,000 | | Listed Price |