Estimated payment $1,764/month
Located in the heart of downtown Atlanta, this property presents an exceptional opportunity for investors and developers. It is right next to AUC woodruff Library. Just 0.5 miles from Clark Atlanta University, Morris Brown College, Morehouse College, Spelman College, and Marta station Ashby, the location offers unmatched convenience and connectivity. This house has a great potential to become a serious cashflow generator to student rental market. The floor to area ratio for this property is XX, which is extremely higher than normal residential lots.
Mercedes-Benz Stadium is just a 15-minute walk away, home to the Atlanta Falcons and Atlanta United FC, and set to host eight matches during the 2026 FIFA World Cup, including a semifinal. State Farm Arena, where the Atlanta Hawks play, is also within walking distance. Nearby attractions such as Centennial Olympic Park, World of Coca-Cola, Georgia Aquarium, College Football Hall of Fame, and CNN Studio Tours make this location especially appealing for both long-term tenants and short-term visitors.
Downtown Atlanta continues to experience rapid transformation. The $5 billion Centennial Yards project, a 50-acre mixed-use development just steps from the property, is set to bring new retail, office, residential, and entertainment space by mid-2026. At the same time, the South Downtown revitalization is adding over 1,300 housing units and 1.5 million square feet of commercial space, further increasing the area's livability and investment appeal.
The house features a charming rocking chair front porch. Large footprint could easily be reworked or pop the top to provide a modern floor plan. Ample backyard to create addition or recreational area. Sits on a quiet street directly across from the college President's house. Owner/Agent with no seller’s disclosure. Property sold As-Is.
This is a rare opportunity to secure a prime property at the center of Atlanta’s future growth.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $582 | $74,960 | $32,400 | $42,560 |
| 2023 | $582 | $63,800 | $33,160 | $30,640 |
| 2022 | $2,176 | $53,760 | $18,560 | $35,200 |
| 2021 | $2,092 | $51,640 | $22,080 | $29,560 |
| 2020 | $2,093 | $51,080 | $21,840 | $29,240 |
| 2019 | $482 | $20,000 | $10,400 | $9,600 |
| 2018 | $810 | $19,560 | $10,160 | $9,400 |
| 2017 | $219 | $5,080 | $2,160 | $2,920 |
| 2016 | $220 | $5,080 | $2,160 | $2,920 |
| 2015 | $677 | $5,080 | $2,160 | $2,920 |
| 2014 | $230 | $5,080 | $2,160 | $2,920 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Sale | $286,000 | 0.0% | $223 / Sq Ft |
| 05/30/2025 05/30/25 | Pending | -- | -- | -- |
| 05/13/2025 05/13/25 | For Sale | $286,000 | +78.8% | $223 / Sq Ft |
| 10/05/2022 10/05/22 | Sold | $160,000 | -3.0% | $125 / Sq Ft |
| 09/02/2022 09/02/22 | Pending | -- | -- | -- |
| 08/25/2022 08/25/22 | For Sale | $165,000 | -- | $129 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | -- | |
| Warranty Deed | $85,479 | -- | |
| Warranty Deed | $120,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $120,000 | New Conventional |
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Michael Oden DreamHomeToday.net
Source: First Multiple Listing Service (FMLS)
MLS Number: 7578715
APN: 14-0109-0004-099-9
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