244 Dollar Mill Road SW
Atlanta, GA, 30331 $ 125,000
Bedrooms4 Baths1.0 Sq 1,500 Monthly Estimate*
$ 789
for $125,000 with 4 bedrooms and 1 full bath. This 1,500 square foot home was built in 1950 on a lot size of 1.1708.
INVESTOR SPECIAL Rare 1+ Acre Value-Add with Brand-New Roof in High-Growth SW Atlanta Corridor Vacant | Sold As-Is | High-Yield Flip, BRRRR, or Redevelopment Play A rare combination of land, location, and built-in sweat equity. Situated on an expansive 1.17-acre lot inside Fulton County, this property offers multiple high-margin exit strategies in an active revitalization corridor surrounded by recent renovations and ground-up builds. Major CapEx Already Covered with Brand-new roof installed, eliminating significant upfront capital expense and protecting framing during build-out, floor plan is larger than records show, closer to 1,500 Sq Ft. Existing layout and previous additions provide the ideal canvas for an immediate value-add conversion from a 3/1 to a high-ARV 3/2 or 4/2 primary suite configuration. Massive Land Upside (1+ Acre) with Ample acreage for an ADU (Accessory Dwelling Unit), secondary structure, workshop, or potential lot subdivision/redevelopment (subject to zoning/survey). The property is minutes to I-285, I-20, MARTA, Downtown Atlanta, and Hartsfield-Jackson Airport—strong fundamentals for future resale or high-demand rental cash flow. 100% Vacant. Property Snapshot: Current Layout: 3 Beds | 1 Bath (High conversion potential to 3/2 or 4/2) Living Area: ~1,500 Sq Ft Lot Size: 1+ Acre (Expansive, wooded parcel) Roof: Brand-New (2026) Terms: Cash, Hard Money, or Private Lending | As-Is Sale | Clean Title Maximize your margins through a strategic flip, execute a full-equity cash-out refi via BRRRR, or unlock long-term upside through land development.
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FeaturesGeneralSewer Septic Tank
Heating Central
Cooling Central Air
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Roof Shingle
Appliances Dryer Gas Water Heater Microwave Refrigerator Tankless Water Heater Washer
HOA Fee 0
Patio/Porch Features None
Architectural Style Ranch
Pool Features None
Security Features None
Construction Materials Wood Siding
Year Built 1950
Electric 110 Volts 220 Volts
View Neighborhood
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 14F0050 LL0401
Waterfront Features None
Community Features None
Accessibility None
HOA Fee 2 0
County Fulton - GA
Property Type Residential
HOA false
Energy Efficient None
Subdivision Name Ji Kingloff & Mildred L Kinglo
Green Energy Generation None
Other Structures Shed(s) Workshop
Full Baths 1
Status Active
Directions Take I-20 W to Exit 47 for GA-139 / Martin Luther King Jr Dr. Turn left onto GA-139 S / Martin Luther King Jr Dr SW. Continue straight on MLK Jr Dr SW for about 1.2 miles. Turn left onto Adamsville Dr SW. In about 0.4 miles turn right onto Dollar Mill Rd SW. Continue straight on Dollar Mill Rd SW for roughly 0.5 miles. 244 Dollar Mill Rd SW will be on your left.
High School Benjamin E. Mays
City Atlanta
Body of Water None
Carport Spaces 2
Spa Features None
Elementary School Miles
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 1833
Home Warranty Y/N false
Middle/Junior High School Jean Childs Young
Property Condition Fixer
Standard Status Active
Freehold IDX
Corporate Owner None
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InteriorInterior Amenities High Ceilings 9 ft Main
Basement Crawl Space
Flooring None
Total Fireplaces 0
Fireplace Features None
Common Walls No Common Walls
Window Features None
Half Baths 0
Laundry Features Electric Dryer Hookup Laundry Room Main Level
Total Bedrooms 4
Room Type Bonus Room Living Room
Main Level Bedrooms 4
Main Level Bathrooms 1
Kitchen Features Cabinets Other Eat-in Kitchen Laminate Counters Second Kitchen View to Family Room
Total Baths 1
Primary Bathroom Features None
Dining Room Features Open Concept
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ExteriorExterior Amenities Rain Gutters
Fencing Front Yard Wood
Parking Features Carport Covered
Lot Features Back Yard Front Yard Level
Water Source Public
Foundation Details Block
Building Area Total 1500
Lot Dimensions 51000
Lot Size Acres 1.1708
Road Surface Type None
Lot Size Source Other
Road Frontage Type None
Other Equipment None
Horse Amenities None
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $789
- Monthly Property Taxes
- $153
- 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.
Learn more about how to save NearbySingle family listings in Atlanta, GA
Average List Price $748,240
Percent of Sale Price 499%
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.
3420543 Elementary School
3420511 Middle School
Benjamin E. Mays High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/26/2026 | $125,000 | | Listed Price |