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2498 Robinhood Drive Ellenwood, GA $ 429,000
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2498 Robinhood Drive
$ 429,000
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2498 Robinhood Drive

Ellenwood, GA, 30294
$ 429,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,963

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Multi-Family Home for sale in Ellenwood, GA

for $429,000. This home was built in 1986 on a lot size of 0.4494.

10.77% CAP RATE! Three income streams make this Ellenwood triplex a compelling opportunity for investors looking to build or expand their portfolio. Located at 2498 Robinhood Drive, the property features three units with six total bedrooms and all on three units are on separate meters. Unit 1 offers 2 bedrooms and 1 bathroom with rent of $1,500 per month. Unit 2 features 2 bedrooms and 2 bathrooms and is currently occupied at $1,600 per month. Unit 3 includes 2 bedrooms and 2 bathrooms with rent of $1,500 per month. At full occupancy, the listed rents total $4,600 per month, or $55,200 in annual gross rental income. Reported 2025 property taxes were $2,645.40, with trash service, lawn care, and insurance totaling $529 per month. An exciting opportunity to acquire three rental units in one purchase!

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Multi-Family Active

Price

$ 429,000

Property Type

Multi-Family

Taxes

$ 2,645

Style

Lot Size

0.4494

Year Built

1986

Town/City

Ellenwood

County/Region

Clayton

MLS | Web ID

7856588
Features
General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Underground Utilities Water Available
Roof Composition
Security Features Carbon Monoxide Detector(s)
Construction Materials Brick Cement Siding Other
Year Built 1986
View Neighborhood Trees/Woods
Levels Two
Property Subtype Triplex
Tax Year 2025
Parcel Number 12149C B015
Gross Income 55200
Waterfront Features None
Community Features Near Public Transport Near Schools Near Shopping Other
Accessibility None
County Clayton - GA
Net Operating Income 46206
Operating Expense 6348
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name Sherwood On The Green
Green Energy Generation None
Status Active
Directions For the most accurate directions use GPS to 2498 Robinhood Drive Ellenwood GA 30294.
High School Morrow
City Ellenwood
Body of Water None
Number Of Units Total 3
Elementary School Thurgood Marshall
Property Attached Y/N false
Tax Annual Amount 2645
Home Warranty Y/N false
Middle/Junior High School Morrow
Property Condition Resale
Standard Status Active
Cap Rate 10.77
Freehold IDX
Corporate Owner None
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Interior
Flooring Laminate Tile Other
Window Features Window Treatments
Total Baths 0
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Exterior
Fencing None
Parking Features Driveway
Lot Features Other
Water Source Public
Total Parking 6
Lot Dimensions 194 x 100
Lot Size Acres 0.4494
Lot Size Source Public Records
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* Excluded Features
List By
Jordan Barreto

Listing Agent

Alpharetta - Weichert, Realtors® - The Collective

Broker

Affordability Calculator

$3,183
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,963
Monthly Property Taxes
$220
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4136687 Middle School
Morrow High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/21/2026$429,000 7.52% Price Up
10/20/2026$399,000 Listed Price

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2498 Robinhood Drive, Ellenwood, GA, 30294 is a Multi-Family Home for sale at $429,000 with a lot size of 0.4494. 2498 Robinhood Drive has 0.0 baths and was built in 1986. The property's zip code is 30294 which is in Ellenwood, GA

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