1860 North Avenue NW Atlanta, GA $ 235,000
1860 North Avenue NW
$ 235,000
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1860 North Avenue NW

Atlanta, GA, 30318
$ 235,000
Baths0.0

Monthly Estimate*

$ 1,447

1860 North Avenue NW, Atlanta, GA 30318 - Image 1
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1860 North Avenue NW, Atlanta, GA 30318 - Image 10
1860 North Avenue NW, Atlanta, GA 30318 - Image 11
Studio

Multi-Family Home for sale in Atlanta, GA

for $235,000. This home was built in 1940 on a lot size of 0.248.

Priced for the savvy investor, this high-performance value-add property (light cleanup, minor repairs and tree removal-roof was replaced in 2022 and HVAC was replaced in 2021) offers an immediate foothold in Atlanta's rapidly appreciating Grove Park. Since 2022, the asset has established a robust performance history, currently generating an average monthly gross income of $3,764 (T-12) with a clear pro forma path to $4,805 and a projected 17.9% cash-on-cash return. This 1,770 sq ft residence features a high-density 7-bedroom, 2-bathroom layout perfectly optimized for a turnkey co-living investment. Situated on a quiet, well-maintained street backing up to a serene wooded buffer, the home offers a rare blend of privacy and premier accessibility-located just 250 feet from a MARTA stop and minutes from the heart of Downtown Atlanta. The property is strategically positioned to capitalize on the massive economic tailwinds surrounding Westside Park and major nearby redevelopments, including the 20-acre Cypress Grove project and the Microsoft-backed mixed-income community. With light renovations, an investor can maximize the existing revenue model in an "A+" location near prime shopping and dining. Featuring ample parking and situated in one of the city's most transformative growth corridors, 1860 North Avenue NW is a strategic asset ready to deliver immediate, scalable cash flow.

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Multi-Family Active

Price

$ 235,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,562

Style

Lot Size

0.248

Year Built

1940

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

10698942

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Sewer Connected
HOA Fee 0
Association Fee Includes None
Construction Materials Wood Siding Vinyl Siding Other
Year Built 1940
Levels One
Property Subtype Multi Family
Tax Year 2025
Gross Income 57664
Community Features Park Street Lights
County Fulton
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Grove Park
Garage Y/N false
Status New
Directions Head northwest on I-20 W to exit 53 turn right onto W Lake Ave NW for just over a mile then turn left onto North Ave NW and travel about half a mile. The house is on your left.
High School Other
City Atlanta
Body of Water None
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 10802.88
Carport Y/N false
Elementary School Woodson
Tax Annual Amount 5562
Middle/Junior High School Harper Archer
Property Condition Resale
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement None
Total Fireplaces 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Common Area In Unit
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Parking Pad
Water Source Public
Total Parking 5
Lot Size Area 10802.88
Foundation Details Slab
Lot Size Acres 0.248
Lot Size Source Public Records
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* Excluded Features
List By
Keller Williams Realty

Broker

kathleen@stanton.team

Email

Affordability Calculator

$1,910
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,447
Monthly Property Taxes
$464
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
0 Elementary School
0 Middle School
Other High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2026$235,000 Listed Price

Map


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1860 North Avenue NW, Atlanta, GA, 30318 is a Multi-Family Home for sale at $235,000 with a lot size of 0.248. 1860 North Avenue NW is a studio with 0.0 baths and was built in 1940. The property's zip code is 30318 which is in Atlanta, GA