235 Walnut Street NW Atlanta, GA $ 650,000
235 Walnut Street NW
$ 650,000
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235 Walnut Street NW

Atlanta, GA, 30314
$ 650,000
Baths0.0

Monthly Estimate*

$ 4,002

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View a Virtual Tour
Studio

Multi-Family Home for sale in Atlanta, GA

for $650,000. This home was built in 1955 on a lot size of 0.1304.

235 Walnut is the kind of opportunity that rarely hits the market—an income-producing, strategically located property with both immediate cashflow and significant long-term development upside. Whether you’re a new investor entering the market or a seasoned buyer expanding your portfolio, this asset checks every box. This renovated studio quadruplex already generates impressive returns through a diverse mix of Airbnb and long-term rental income, giving investors the flexibility to capitalize on multiple revenue streams. With the existing updates and strong occupancy potential, there is still room to push rents and further increase NOI. But the true value of 235 Walnut extends far beyond the current structure. The property sits on a highly desirable lot with the potential to develop 4–5 modern townhomes, allowing an investor to maximize returns through ground-up construction in a rapidly appreciating corridor. This dual-path investment—cashflow now, major upside later—makes the property a smart and strategic purchase. Location is another major advantage. 235 Walnut is positioned in the heart of Atlanta’s most transformative growth zone, within the same vicinity as: Centennial Yards development The Gulch redevelopment Georgia World Congress Center Mercedes-Benz Stadium This area is experiencing billions in public and private investment, creating sustained demand for short-term rentals, long-term housing, and new construction. With Atlanta set to host international events such as the 2026 World Cup, properties in this district are poised to benefit from global tourism, increased rental demand, and rising property values. Adding to its appeal, the property sits on the edge of a newly renovated public park featuring water elements, green space, and kid-friendly amenities—a rare lifestyle advantage that enhances both rental desirability and future resale value. 235 Walnut is more than a purchase—it’s a strategic foothold in one of Atlanta’s fastest-growing investment corridors. Strong cashflow, development potential, and unmatched proximity to major city projects make this a standout opportunity for any investor focused on long-term growth and high-yield returns.

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Multi-Family Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,444

Style

Lot Size

0.1304

Year Built

1955

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7742377

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Heat Pump
Utilities Cable Available Electricity Available
Roof Shingle
Security Features None
Construction Materials Brick
Year Built 1955
View City Park/Greenbelt
Levels One
Property Subtype Quadruplex
Tax Year 2025
Parcel Number 14 008300011842
Waterfront Features Pond
Community Features Park
Accessibility None
County Fulton - GA
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name Vine City
Green Energy Generation None
Status Active
Directions Use GPS. Property on corner. Adjacent to park.
High School Booker T. Washington
City Atlanta
Body of Water None
Number Of Units Total 4
Elementary School M.R. Hollis Innovation Academy
Property Attached Y/N false
Tax Annual Amount 5444
Home Warranty Y/N false
Middle/Junior High School M.R. Hollis Innovation Academy
Property Condition Resale
Virtual Tour https://m.youtube.com/watch?v=lFBqjbTvfZg&ra=m
Standard Status Active
Freehold IDX
Corporate Owner Sold As/Is
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Interior
Flooring Vinyl
Furnished Y/N Unfurnished
Window Features None
Total Baths 0
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Exterior
Fencing None
Parking Features Driveway Varies by Unit
Lot Features Corner Lot
Water Source Public
Lot Dimensions x
Lot Size Acres 0.1304
Lot Size Source Public Records
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* Excluded Features
List By
Chaz Jenkins

Listing Agent

Homesmart

Broker

me@chazmjenkins.com

Email

Affordability Calculator

$4,456
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$454
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
1927947 Elementary School
4136898 Middle School
Booker T. Washington High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$650,000 Listed Price

Map


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235 Walnut Street NW, Atlanta, GA, 30314 is a Multi-Family Home for sale at $650,000 with a lot size of 0.1304. 235 Walnut Street NW is a studio with 0.0 baths and was built in 1955. The property's zip code is 30314 which is in Atlanta, GA