588 Parkway Drive NE Atlanta, GA $ 899,000
588 Parkway Drive NE
$ 899,000
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588 Parkway Drive NE

Atlanta, GA, 30308
$ 899,000
Baths0.0

Monthly Estimate*

$ 5,676

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Studio

Multi-Family Home for sale in Atlanta, GA

for $899,000. This home was built in 1920 on a lot size of 0.1722.

Charming 1920s fourplex directly across from The Darwin boutique hotel in the heart of Old Fourth Ward - steps to Ponce City Market, the BeltLine, and Central Park. Four cozy one-bedroom units with updated kitchens and flooring, new roof (2018) and HVAC (2019). Under the same ownership since 1990, three units are leased at rents well under today's market, and the fourth just turned over - freshly cleaned and ready for a quick refresh before re-renting at market rate. Live in one unit and rent the other three, or hold as a turnkey investment with built-in upside. Priced $300K below the county's own assessed value. Walk Score 90. A rare owner-occupant or investor opportunity in one of Atlanta's hottest walkable neighborhoods. The deep 7,501-square-foot RG-4 lot also includes a substantial open area at the rear, offering intriguing long-term possibilities subject to zoning and City approval. Purchase 588 individually or consider the unique opportunity to acquire it together with adjacent 590 Parkway Drive, also offered for sale.

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Multi-Family Active

Price

$ 899,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 21,710

Style

Lot Size

0.1722

Year Built

1920

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7823736

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Wall Unit(s)
Utilities Cable Available Electricity Available Phone Available Sewer Available Underground Utilities Water Available
Roof Asbestos Shingle
Security Features None
Construction Materials Brick Lap Siding
Year Built 1920
View City
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Parcel Number 14 004700020129
Waterfront Features None
Community Features Near Beltline Near Public Transport Near Schools Near Shopping Near Trails/Greenway Park
Accessibility None
County Fulton - GA
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name Old Fourth Ward
Green Energy Generation None
Status Active
Directions From Midtown/Downtown Atlanta: Take Ponce de Leon Ave east to Parkway Drive NE. Turn south on Parkway Drive. Property will be on the left at 588 Parkway Drive NE directly across from The Darwin Hotel and just north of Ralph McGill Blvd.
High School Midtown
City Atlanta
Body of Water None
Number Of Units Total 4
Elementary School John Hope-Charles Walter Hill
Property Attached Y/N false
Tax Annual Amount 21710
Home Warranty Y/N false
Middle/Junior High School David T Howard
Property Condition Resale
Virtual Tour https://drive.google.com/file/d/1ht1ij2qL5NP-H4L6pYCdkEfWEqpbx0xe/view?usp=sharing
Standard Status Active
Freehold IDX
Corporate Owner None
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Interior
Flooring Hardwood Laminate
Window Features None
Total Baths 0
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Exterior
Fencing Back Yard
Parking Features Parking Lot
Lot Features Level
Water Source Public
Total Parking 8
Lot Dimensions 37x200
Lot Size Acres 0.1722
Lot Size Source Public Records
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* Excluded Features
List By
DANIEL LATSHAW

Listing Agent

Vision Residential Realty

Broker

daniel.latshaw@vcacre.com

Email

Affordability Calculator

$7,486
Per Month
76%
24%
0%
Monthly Principal & Interest
$5,676
Monthly Property Taxes
$1,809
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
4134039 Middle School
Midtown High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$899,000 Listed Price

Map


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588 Parkway Drive NE, Atlanta, GA, 30308 is a Multi-Family Home for sale at $899,000 with a lot size of 0.1722. 588 Parkway Drive NE is a studio with 0.0 baths and was built in 1920. The property's zip code is 30308 which is in Atlanta, GA