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969 Palmetto Avenue SW Atlanta, GA $ 599,990
969 Palmetto Avenue SW
$ 599,990
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969 Palmetto Avenue SW

Atlanta, GA, 30314
$ 599,990
Baths0.0

Monthly Estimate*

$ 3,694

Studio

Multi-Family Home for sale in Atlanta, GA

for $599,990. This home was built in 2003 on a lot size of 0.115.

Exceptional investment opportunity in Atlanta's desirable West End, just minutes from the Atlanta University Center (AUC). This 15-unit rooming house is currently operated as a PadSplit-style shared housing property, generating approximately $10K in gross monthly income. Designed for consistent demand, the property benefits from its proximity to major employers, public transportation, downtown Atlanta, and multiple colleges and universities. The existing rooming house layout allows for efficient operations and strong cash flow, making it ideal for investors seeking immediate income with upside potential. Whether you're expanding a PadSplit portfolio or looking for a high-yield asset in a rapidly appreciating area, this property delivers location, scale, and proven performance. ALL TENANTS ARE ON WEEKLY LEASES so new owner has no contractual obligations to keep current tenants. **CASH OR HARD MONEY ONLY*

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Multi-Family Active

Price

$ 599,990

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,203

Style

Lot Size

0.115

Year Built

2003

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

10688959

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Other
HOA Fee 0
Association Fee Includes None
Construction Materials Block
Year Built 2003
Levels Two
Property Subtype Multi Family
Tax Year 2025
Gross Income 0
Community Features None
County Fulton
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
MaintenanceExpense 0
Subdivision Name Ashview Heights
Garage Y/N false
Status New
Directions USE GPS
High School Washington
City Atlanta
Body of Water None
Number Of Units Total 9
Lot Size Units Square Feet
Lot Size Square Feet 5009.4
Carport Y/N false
Elementary School Jones
Tax Annual Amount 8203
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Brown
Property Condition Resale
Structure Type House Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Side/Rear Entrance
Water Source Public
Total Parking 0
Lot Size Area 5009.4
Lot Size Acres 0.115
Lot Size Source Public Records
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* Excluded Features
List By
Fleur De Lee Realty

Broker

rivertherealtor@gmail.com

Email

Affordability Calculator

$4,378
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$684
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
4133514 Elementary School
4135736 Middle School
Washington High School High School
Pricing History
DatePricePrice ChangeDescription
2/10/2026$599,990 Listed Price

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969 Palmetto Avenue SW, Atlanta, GA, 30314 is a Multi-Family Home for sale at $599,990 with a lot size of 0.115. 969 Palmetto Avenue SW is a studio with 0.0 baths and was built in 2003. The property's zip code is 30314 which is in Atlanta, GA