Recently Listed Foreclosure 89 Ollie Street NW
Atlanta, GA, 30314 $ 349,000
Baths0.0 Monthly Estimate*
$ 2,149
Studio for $349,000. This home was built in 1930 on a lot size of 0.094.
Prime coliving investment opportunity in Atlanta's rapidly developing Washington Park corridor! Fully vacant and ready for a new operator, this 10bedroom / 2bath duplex has historically generated $6,500-$6,900 per month under a previous coliving model, with area roomrental rates supporting $5,500-$7,500/mo in projected income depending on management strategy. Each level features its own private entrance, kitchen, and bath, creating two independent 5bedroom coliving zones ideal for PadSplitstyle operations, student housing, workforce housing, or transitional living. Located steps from Washington Park, the Westside BeltLine Trail, MARTA, and the AUC (Morehouse, Spelman, Clark Atlanta), this property attracts carfree tenants seeking affordable private rooms with unmatched access to transit, schools, and downtown employment centers. Investors will appreciate the strong rental demand, consistent occupancy history, and the ability to reposition the asset for higher NOI. The interior is functional and livable with basic updates, offering immediate income potential plus valueadd upside through cosmetic improvements, window upgrades, and layout optimization. The lower unit includes multiple private rooms with a stepdown entry; the upper unit offers larger bedrooms and a traditional layout. Both kitchens and baths are serviceable, and the property's configuration maximizes bedroom count for highyield coliving. This is a rare chance to acquire a fully vacant, highdensity income property in one of Atlanta's most active redevelopment zones. Whether you're an experienced coliving operator or an investor seeking strong cash flow in an appreciating neighborhood, 89 Ollie St NW delivers scale, location, and opportunity. Sold asis.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Billing Prorated Gas Billing Prorated Other Water Billing Prorated Sewer Connected
HOA Fee 0
Association Fee Includes None
Construction Materials Wood Siding Other
Year Built 1930
Levels Two
Property Subtype Multi Family Duplex
Tax Year 2025
Community Features None
County Fulton
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Washington Park
Garage Y/N false
Status New
Directions Use GPS for best results. Street parking only.
High School Douglass
City Atlanta
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 4094.64
Carport Y/N false
Elementary School Jones
Tax Annual Amount 3854
Middle/Junior High School Herman J Russell
Property Condition Fixer
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorBasement None
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Coin Laundry
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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ExteriorParking Features None
Water Source Public
Total Parking 0
Lot Size Area 4094.64
Foundation Details Block
Lot Size Acres 0.094
Lot Size Source Public Records
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* Excluded FeaturesList Byharvey.johnson@vylla.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,149
- Monthly Property Taxes
- $321
- 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.
Learn more about how to save NearbyMulti-family listings in Atlanta, GA
Average List Price $694,756
Percent of Sale Price 99%
About Atlanta, GA 478,204 Population
15% Since 2002
$ 55,840 Median Income
35.72 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Douglass High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/16/2026 | $349,000 | | Listed Price |