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3224 Ward Drive SE Atlanta, GA $ 300,000
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$ 300,000 Get more info
3224 Ward Drive SE
$ 300,000
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3224 Ward Drive SE

Atlanta, GA, 30354
$ 300,000
Baths0.0

Monthly Estimate*

$ 1,847

3224 Ward Drive SE, Atlanta, GA 30354 - Image 1
Studio

Multi-Family Home for sale in Atlanta, GA

for $300,000. This home was built in 1960 on a lot size of 0.218.

Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.

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Multi-Family Active

Price

$ 300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,289

Style

Lot Size

0.218

Year Built

1960

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

10780029
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Individual Meters Gas Individual Meters Sewer Connected Water Individual Meters
Association Fee Includes None
Construction Materials Brick
Year Built 1960
Levels One
Property Subtype Multi Family
Tax Year 24
Community Features None
County Fulton
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name J Frank Lee
Garage Y/N false
Status New
Directions GPS
High School South Atlanta
City Atlanta
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 9496.08
Carport Y/N false
Elementary School Heritage
Tax Annual Amount 2289.78
Middle/Junior High School Long
Property Condition Updated/Remodeled
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement Full
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Parking Pad
Water Source Public
Total Parking 1
Lot Size Area 9496.08
Lot Size Acres 0.218
Lot Size Source Public Records
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* Excluded Features
List By
O. Realty, Llc

Broker

orealty@orealtyllc.com

Email

Affordability Calculator

$2,038
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$191
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.
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Nearby
4135195 Elementary School
4133134 Middle School
South Atlanta High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/5/2026$300,000 Listed Price

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3224 Ward Drive SE, Atlanta, GA, 30354 is a Multi-Family Home for sale at $300,000 with a lot size of 0.218. 3224 Ward Drive SE is a studio with 0.0 baths and was built in 1960. The property's zip code is 30354 which is in Atlanta, GA

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