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

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

7748283
Features
General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Underground Utilities
Roof Composition
Security Features Carbon Monoxide Detector(s)
Construction Materials Brick
Year Built 1920
View City
Levels One
Property Subtype Other
Tax Year 2024
Parcel Number 14 010900010901
Gross Income 54000
Waterfront Features None
Community Features Near Beltline Near Public Transport Near Schools Near Shopping Near Trails/Greenway Park Playground Pool Public Transportation Street Lights Tennis Court(s)
Accessibility None
County Fulton - GA
Net Operating Income 0
Operating Expense 0
Property Type Residential Income
HOA false
Energy Efficient Insulation Roof Thermostat
Subdivision Name None
Green Energy Generation None
Status Active
Directions GPS
High School Frederick Douglass
City Atlanta
Body of Water None
Number Of Units Total 3
Elementary School M. A. Jones
Property Attached Y/N false
Tax Annual Amount 3803
Home Warranty Y/N false
Middle/Junior High School Herman J. Russell West End Academy
Property Condition Updated/Remodeled
Virtual Tour https://media.zillowmediaexperts.com/sites/862-mitchell-st-sw-atlanta-ga-30314-23319163/branded
Standard Status Active
Tax Lot 78
Cap Rate 0
Freehold IDX
Corporate Owner Investor Owned
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Interior
Flooring Hardwood
Furnished Y/N Unfurnished
Window Features Insulated Windows
Total Baths 0
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Exterior
Fencing Chain Link
Parking Features Paved
Water Source Public
Total Parking 6
Lot Dimensions 0
Lot Size Acres 0.092
Lot Size Source Owner
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* Excluded Features
List By
Rick Wiley

Listing Agent

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
4176012 Middle School
Frederick Douglass High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/7/2026$489,000 Listed Price

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

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