38 Fairburn Road SW Atlanta, GA $ 1,950,000
38 Fairburn Road SW
$ 1,950,000
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38 Fairburn Road SW

Atlanta, GA, 30331
$ 1,950,000
Bedrooms-- Baths-- Sq 16,878

Monthly Estimate*

$ 12,313

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Commercial Property for sale in Atlanta, GA

for $1,950,000. This 16,878 square foot building was built in 1966 on a lot size of 1.2305.

38 Fairburn Rd SW, Atlanta, GA 30331 — 20-Unit Multifamily Investment Opportunity. This 20-unit apartment community presents a compelling value-add opportunity in the Adamsville submarket of Southwest Atlanta. Built in 1966 and renovated in 1990, the property spans approximately 33,756 square feet on a 1.23-acre lot, with a uniform unit mix of 2-bedroom, 1-bathroom residences offering strong appeal to the area's steady rental demand. Priced at roughly $97,500 per unit and $58 per square foot, the asset offers an attractive basis for investors seeking to execute a renovation and repositioning strategy or add a stabilized asset to their portfolio. The property's consistent unit layout simplifies capital planning and rent-up execution across the entire building. Located minutes from downtown Atlanta with convenient access to major thoroughfares, the property benefits from proximity to employment centers, retail, and public transit, supporting long-term tenant demand. Southwest Atlanta continues to see renewed investor interest, driven by affordability relative to neighboring submarkets and ongoing infrastructure and development activity in the broader Atlanta metro. This is a rare opportunity to acquire a 20-unit asset at an accessible price point in a growing Atlanta submarket. Contact the listing agent for financials, due diligence materials, and showing instructions.

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Commercial Active

Price

$ 1,950,000

Property Type

Commercial

Taxes

$ 45,288

Style

Lot Size

1.2305

Year Built

1966

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7810375

Features
General
Heating Central
Cooling Central Air
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Roof Other
Zoning RG2
Security Features None
Construction Materials Brick 3 Sides
Year Built 1966
Electric 110 Volts
View Other
Levels Two
Property Subtype Condominium
Tax Year 2025
Parcel Number 14 024300030476
Business Type Residential
Waterfront Features None
Accessibility None
County Fulton - GA
Property Type Commercial Sale
HOA false
Energy Efficient None
Green Energy Generation None
Other Structures None
Status Active
Directions I-20 W to Exit 51B (MLK Jr Dr W). West on MLK Jr Dr SW ~1 mi turn left on Fairburn Rd SW. Property on the right.
City Atlanta
Body of Water None
Property Attached Y/N false
Tax Annual Amount 45288
Home Warranty Y/N false
Property Condition Resale
Standard Status Active
Freehold IDX
Corporate Owner No disclosures from Seller Sold As/Is
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Interior
Interior Amenities Other
Basement None
Flooring Vinyl
Window Features None
Total Baths 0
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Exterior
Fencing Fenced
Parking Features Parking Lot
Lot Features Level
Total Parking 1
Foundation Details Slab
Number of Buildings 1
Building Area Total 16878
Lot Dimensions 182x268x192x271
Lot Size Acres 1.2305
Road Surface Type Asphalt
Lot Size Source Other
Road Frontage Type City Street
Other Equipment None
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* Excluded Features
List By
Southern REO

Listing Agent

Southern Reo Associates, Llc

Broker

team@southernreo.com

Email

Affordability Calculator

$16,087
Per Month
77%
23%
0%
Monthly Principal & Interest
$12,313
Monthly Property Taxes
$3,774
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/24/2026$1,950,000 Listed Price

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38 Fairburn Road SW, Atlanta, GA, 30331 is a Commercial Property for sale at $1,950,000 with 16,878 sqft and a lot size of 1.2305. 38 Fairburn Road SW was built in 1966. The property's zip code is 30331 which is in Atlanta, GA