1170 Donnelly Avenue SW
Atlanta, GA, 30310 $ 495,175
Baths0.0 Monthly Estimate*
$ 3,049
Studio for $495,175. This home was built in 2023 on a lot size of 0.161.
**Value-Add | Near-Completion | Multi-Exit Investment Opportunity** **7 Bedrooms | 5.5 Bathrooms | 3,175 SF | West End Historic District, Atlanta** This is a rare opportunity to acquire a large-format, income-producing asset at a below-market basis in one of Atlanta's fastest-growing corridors. Located in the West End Historic District, the property sits within minutes of the BeltLine Westside Trail, Atlanta University Center, MARTA, Downtown Atlanta, and Hartsfield-Jackson Airport-driving consistent demand from students, faculty, corporate relocations, travel medical professionals, film crews, and group housing tenants. ### Location Drivers & Demand Catalysts * Immediate access to the **BeltLine Westside Trail** and ongoing expansion * Minutes to **Morehouse College, Spelman College, Clark Atlanta University** (student and academic renter base) * **MARTA access** supporting broader tenant reach and rental stability * Close proximity to **Downtown Atlanta** and major employment hubs * 15-20 minutes to **Hartsfield-Jackson Airport** (ideal for travel nurses and contract professionals) * **West End Mall redevelopment** transforming the area into a live-work-play district * Global events driving housing demand: **FIFA World Cup 2026, Super Bowl 2028, NCAA Final Four 2031** ### Flexible Exit Strategies The property's size, layout, and location support multiple high-yield strategies: * **Short-term rental (Airbnb/VRBO)** * **Mid-term corporate and travel medical housing** * **Film and production crew housing** * **Group/shared long-term rental** * **BRRRR strategy** * **Flip/resale** Large bedroom-count homes in Atlanta are scarce and consistently command premium rents for corporate housing, production crews, and group accommodations. ### Valuation & Upside A prior appraisal valued the property at **$630,000** before market softening and **before** the loft conversion, which materially increased both functional square footage and the bedroom/bath count. As market conditions normalize-alongside the impact of major upcoming citywide events-resale demand for large, flexible homes is expected to strengthen, positioning the property at or above prior ARV. The seller has strategically reduced the price to create immediate investor spread. **CURRENT AND PRIOR APPRAISAL REPORTS ARE AVAILABLE.** ### Renovation Overview (2025 Full Gut) This is effectively a "better than new" property with minimal future capital expenditure: * New roof * New HVAC and ductwork * New plumbing * New electrical wiring * New kitchen and baths * New windows * New landscape and hardscape (including Bermuda turf) All major systems are new, minimizing deferred maintenance and operational risk for a long-term hold. ### Property Highlights * Modern, highly functional floor plan * Luxury finishes throughout * Backyard amenity potential * Turnkey condition for immediate income strategy * 4 weeks or less to complete work. Work to be done estimates available **Interested buyers:** Please have your agent submit offers to the listing agent. Offers will only be considered from buyers or agents who have toured the property.
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FeaturesGeneralSewer Public Sewer
Heating Central Dual Electric Zoned
Cooling Ceiling Fan(s) Central Air Electric Gas Zoned
Utilities Other
Association Fee Includes None
Construction Materials Brick Concrete
Year Built 2023
Levels Three Or More
Property Subtype Multi Family
Tax Year 24
Community Features None
County Fulton
New Construction true
Property Type Residential Income
HOA true
Attached Garage false
Subdivision Name West End Heights
Garage Y/N false
Green Water Conservation Low-Flow Fixtures
Status Active
Directions TAKE EXIT 55A TOWARDS LOWERY BLVD/WEST END MERGE ONTO PARK ST SW. TURN RIGHT ONTO LUCILE AVE SW. TURN LEFT ONTO LAWTON SW TURN RIGHT ONTO DONNELLY AVENUE SW. HOUSE WILL BE ON THE LEFT. USE GPS
High School Carver
City Atlanta
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 7013.16
Carport Y/N false
Elementary School Continental Colony
Tax Annual Amount 3122.91
Middle/Junior High School Sylvan Hills
Property Condition Under Construction
Structure Type Other
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
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InteriorBasement Bath Finished Exterior Entry Finished Interior Entry
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Unit
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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ExteriorParking Features Parking Pad Side/Rear Entrance
Water Source Public
Total Parking 5
Lot Size Area 7013.16
Foundation Details Block
Lot Size Acres 0.161
Lot Size Source Public Records
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* Excluded FeaturesList ByVirtual Properties Realty.ComBroker
banjokolillian@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,049
- Monthly Property Taxes
- $260
- 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.
Learn more about how to save NearbyMulti-family listings in Atlanta, GA
Average List Price $619,702
Percent of Sale Price 25%
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.
0 Elementary School
4135991 Middle School
Carver High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/18/2026 | $495,175 | 12.54% | Price Up |
| 2/3/2026 | $440,000 | | Listed Price |