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879 Parsons Street SW Atlanta, GA $ 1,000,000
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$ 1,000,000 Get more info
879 Parsons Street SW
$ 1,000,000
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879 Parsons Street SW

Atlanta, GA, 30314
$ 1,000,000
Baths0.0

Monthly Estimate*

$ 6,157

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View a Virtual Tour
Studio

Multi-Family Home for sale in Atlanta, GA

for $1,000,000. This home was built in 2010 on a lot size of 0.1.

Offered at $1,000,000 with current CAP rate of 9.85 % and potential CAP rate of 11.35%!, this 14-unit property boasts a potential annual gross income of $159,600.00. 100% occupancy! It’s a perfect 1031 exchange candidate, DSCR loan or even for a first time investment with a commercial conventional loan. Specifically built in 2010 for student housing, it includes Side A and Side B, each with 7 rooms, 6 bathrooms, and full kitchens, plus private bathrooms in 10 units. Key features include new HVAC, water heaters, keyless entry, and close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Units B2, B3, A1, A3 have shared bathrooms, the rest have their own private bathrooms. 2 shared kitchens & 2 shared laundry sets/areas per side. Do not miss this immediate strong cash flow.

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Multi-Family Active

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,366

Style

Lot Size

0.1

Year Built

2010

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7715525
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Sewer Available Water Available Other
Roof Composition
Security Features None
Construction Materials Brick Cement Siding Fiber Cement
Year Built 2010
View City Neighborhood
Levels Two
Property Subtype Other
Tax Year 2025
Waterfront Features None
Community Features Near Public Transport Near Schools Near Shopping Public Transportation Sidewalks Other
Accessibility None
County Fulton - GA
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name MAP/STEUERWALD PROP RESUB CORR
Green Energy Generation None
Status Active
Directions From I-20 W. Take exit 55A toward Lowery Blvd/West End. Merge onto Park St SW. Turn right onto Joseph E Lowery Blvd SW. Turn right onto Parsons St SW. Destination will be on the left
High School Booker T. Washington
City Atlanta
Body of Water None
Number Of Units Total 14
Elementary School M. A. Jones
Property Attached Y/N false
Tax Annual Amount 13366
Home Warranty Y/N false
Middle/Junior High School Herman J. Russell West End Academy
Property Condition Resale
Virtual Tour https://www.zillow.com/view-imx/9bd75d8c-fe22-45b9-95b8-4bf9471d3d13?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Tax Lot 1
Freehold IDX
Corporate Owner None
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Interior
Flooring Hardwood
Window Features None
Total Baths 0
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Exterior
Fencing None
Parking Features Driveway Paved
Lot Features Corner Lot Level
Water Source Public
Total Parking 6
Lot Dimensions 0 x 0
Lot Size Acres 0.1
Lot Size Source Public Records
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* Excluded Features
List By
Eve Hill

Listing Agent

Keller Williams Buckhead

Broker

evehill@kw.com

Email

Affordability Calculator

$7,271
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,157
Monthly Property Taxes
$1,114
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
1926990 Elementary School
3420525 Middle School
Booker T. Washington High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/6/2026$1,000,000 Listed Price

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879 Parsons Street SW, Atlanta, GA, 30314 is a Multi-Family Home for sale at $1,000,000 with a lot size of 0.1. 879 Parsons Street SW is a studio with 0.0 baths and was built in 2010. The property's zip code is 30314 which is in Atlanta, GA

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