862 Mitchell Street SW Atlanta, GA $ 489,000
862 Mitchell Street SW
$ 489,000
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862 Mitchell Street SW

Atlanta, GA, 30314
$ 489,000
Baths0.0

Monthly Estimate*

$ 3,011

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Studio

Multi-Family Home for sale in Atlanta, GA

for $489,000. This home was built in 1920 on a lot size of 0.092.

Investor-friendly, income-producing triplex in Atlanta generating approximately $4,500 per month in stable rental revenue, offering a strong opportunity for both seasoned investors and owner-occupants seeking to house hack; renovated just two years ago, this well-maintained multifamily property features three income-generating units with Unit A leased at $1,600/month through the Atlanta Housing Authority, Unit B leased at $1,600/month through the Atlanta Housing Authority, and Unit C producing $1,300/month total across two separate rooms rented at $650/month each; Unit C may be delivered vacant at closing, providing flexibility for owner-occupancy, tenant repositioning, or rental strategy optimization; ideal for buyers seeking immediate cash flow with future upside potential in a growing Atlanta market;

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Multi-Family Active

Price

$ 489,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,803

Style

Lot Size

0.092

Year Built

1920

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

10726577

Features
General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Underground Utilities
HOA Fee 0
Association Fee Includes None
Construction Materials Brick
Year Built 1920
Levels One
Property Subtype Multi Family Triplex
Tax Year 2025
Gross Income 54000
Community Features Playground Pool Street Lights Tennis Court(s) Near Public Transport Walk To Schools Near Shopping
County Fulton
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
MaintenanceExpense 0
Subdivision Name None
Garage Y/N false
Status New
Directions GPS
High School Booker T Washington
City Atlanta
Body of Water None
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 4007.52
Carport Y/N false
Elementary School Jones
Tax Annual Amount 3803
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Herman J Russell
Property Condition Updated/Remodeled
Virtual Tour https://media.zillowmediaexperts.com/sites/elvopznv/unbranded https://media.zillowmediaexperts.com/sites/862-mitchell-st-sw-atlanta-ga-30314-23319163/branded
Structure Type Triplex
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 None
Water Source Public
Total Parking 0
Lot Size Area 4007.52
Foundation Details Pillar/Post/Pier
Lot Size Acres 0.092
Lot Size Source Public Records
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* Excluded Features
List By
Coldwell Banker Realty

Broker

rick@myrealtorrick.com

Email

Affordability Calculator

$3,328
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,011
Monthly Property Taxes
$317
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
Booker T Washington High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2026$489,000 Listed Price

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862 Mitchell Street SW, Atlanta, GA, 30314 is a Multi-Family Home for sale at $489,000 with a lot size of 0.092. 862 Mitchell Street SW is a studio with 0.0 baths and was built in 1920. The property's zip code is 30314 which is in Atlanta, GA