297 Burbank Drive NW Atlanta, GA $ 1,800,000
297 Burbank Drive NW
$ 1,800,000
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297 Burbank Drive NW

Atlanta, GA, 30314
$ 1,800,000
Baths0.0

Monthly Estimate*

$ 11,365

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Studio

Multi-Family Home for sale in Atlanta, GA

for $1,800,000. This home was built in 1963 on a lot size of 0.65.

297 Burbank Dr NW offers a fully renovated, fully occupied ten-unit multifamily property positioned in one of Atlanta's most rapidly developing neighborhoods. The building includes six 1-bedroom, 1-bath units of approximately 500 square feet each and four 2-bedroom, 1-bath units of approximately 750 square feet. In 2021, the entire structure underwent a comprehensive renovation that included new framing, drywall, electrical, plumbing, HVAC systems, flooring, roof, and all appliances. Since completion, the property has been consistently and professionally maintained, providing a true turnkey investment with no deferred maintenance. Every unit is occupied with long-term, stable tenants, generating reliable cash flow. Current rents remain below market, offering clear upside potential for increases without requiring additional capital improvements. The strong tenant retention reflects both the quality of the renovation and the desirability of the location. The property sits in a prime in-town Atlanta corridor, minutes from Downtown, Georgia Tech, the Atlanta University Center, Mercedes-Benz Stadium, and major transportation routes including I-20 and I-75/85. It is also close to the Atlanta BeltLine and several neighborhood parks, adding to its appeal for residents seeking walkability and outdoor access. The surrounding area continues to experience significant redevelopment and investment, driving demand and long-term appreciation. This is an ideal moment to step into a stabilized, income-producing asset with built-in growth potential in one of Atlanta's most active development zones.

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Multi-Family Active

Price

$ 1,800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 15,000

Style

Lot Size

0.65

Year Built

1963

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

10817720

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Individual Meters Sewer Connected
Association Fee Includes None
Construction Materials Brick
Year Built 1963
Levels Two
Property Subtype Multi Family
Tax Year 2025
Community Features None
County Fulton
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Hunter Hills
Garage Y/N false
Status New
Directions Use GPS
High School Booker T Washington
City Atlanta
Number Of Units Total 10
Lot Size Units Square Feet
Lot Size Square Feet 28314
Carport Y/N false
Elementary School Hollis Innovation Academy
Tax Annual Amount 15000
Middle/Junior High School M R Hollis
Property Condition Resale
Structure Type Multi Family
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
Laundry Features 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 Off Street Parking Pad
Water Source Public
Lot Size Area 28314
Foundation Details Slab
Lot Size Acres 0.65
Lot Size Source Public Records
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* Excluded Features
List By
eilonti1@gmail.com

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Affordability Calculator

$12,615
Per Month
90%
10%
0%
Monthly Principal & Interest
$11,365
Monthly Property Taxes
$1,250
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/3/2026$1,800,000 Listed Price

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297 Burbank Drive NW, Atlanta, GA, 30314 is a Multi-Family Home for sale at $1,800,000 with a lot size of 0.65. 297 Burbank Drive NW is a studio with 0.0 baths and was built in 1963. The property's zip code is 30314 which is in Atlanta, GA