$279,900

1917 Penelope Rd NW Atlanta, GA 30314

Dixie Hills Neighborhood

Estimated payment $1,962/month

Total Views 13,247
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • Attached Garage
  • Central Heating and Cooling System
  • Wood Flooring
  • Attic Fan
  • Ceiling Fan

About This Home

Back on the Market — Appraised Above List Price!!!
An incredible opportunity awaits in the rapidly revitalizing heart of West Atlanta. Welcome to 1917 Penelope Road — a spacious, four-sided brick residence that combines classic durability with investment versatility.
This well-maintained home offers 6 generously sized bedrooms, 3 full bathrooms, and over 2,600 sq ft of finished living space — including a fully finished basement that opens the door to multi-generational living, rental income, or a creative house-hack setup.
Structurally sound and move-in ready, this property is located in a high-demand rental zone and is Choice Housing Program (Section 8) eligible — delivering guaranteed rent and strong, ongoing tenant demand.
?? Rental Income Potential:
• $2,900/month with owner-paid utilities
• $2,700/month with tenant-paid utilities
That’s up to $34,800 in gross annual rent from day one.

Inside, the spacious floor plan offers room to grow or generate income, while the finished basement adds functional flexibility — perfect for extended family, a tenant suite, or even a rent-by-the-room model. Homes with this level of space, income potential, and affordability are increasingly rare in this fast-appreciating area.
Whether you're a first-time investor, seasoned landlord, or buyer seeking long-term value with upside, 1917 Penelope Road presents an unmatched blend of immediate cash flow and future equity.
?? Don’t wait — schedule your private showing today and unlock the potential of this West Atlanta gem.

Listing Agent

GEORGE ANSONG

Maximum One Greater Atlanta Realtors License #248117 Listed on: 04/07/2025

Maximum One Greater Atlanta Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,949

Year Built

  • Built in 1957

Lot Details

  • 9,374 Sq Ft Lot
  • Back Yard Fenced

Parking

  • Attached Garage

Home Design

  • Tile Roof
  • Asbestos Shingle Roof
  • Tar and Gravel Roof

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Window Treatments
  • City Views
  • Attic Fan

Flooring

  • Wood
  • Ceramic Tile

Schools

  • Woodson Park Academy Elementary School
  • Ralph Bunche Middle School
  • Frederick Douglass High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Community Details

  • Penelope Neighbors Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14 017300100158

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,949

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Condition: Resale
  • Year Built: 1957
  • Levels Stories: One and One Half
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Ceramic Tile, Tile, Wood
  • Window Features: Window Treatments

Exterior Features

  • Construction Materials: Block
  • Roof Type: Asbestos Shingle, Tar/Gravel, Tile
  • Fencing: Back Yard
  • View: City
  • Pool Private: No

Garage/Parking

  • Parking Features: Attached

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Penelope Neighbors

Schools

  • Elementary School: Woodson Park Academy
  • Middle School: Ralph Bunche
  • High School: Frederick Douglass

Lot Info

  • Acres: 0.2152
  • Deed Book: 59003
  • Deed Page: 345
  • Lot Dimensions: x
  • Parcel Number: 14 017300100158
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 1

Tax Info

  • Taxes: 4949.00
  • Assessor Parcel Number: 14-0173-0010-015-8
  • Tax Year: 2024

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Woodson Park Academy
  • High School: Frederick Douglass
  • Middle School: Ralph Bunche

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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 $3,856 $120,880 $26,720 $94,160
2023 $3,856 $121,880 $26,720 $95,160
2022 $4,932 $121,880 $26,720 $95,160
2021 $488 $71,120 $5,920 $65,200
2020 $2,879 $70,280 $5,840 $64,440
2019 $493 $28,880 $2,160 $26,720
2018 $26 $13,720 $3,760 $9,960
2017 $13 $8,480 $3,200 $5,280
2016 $13 $8,480 $3,200 $5,280
2015 $13 $8,480 $3,200 $5,280
2014 $10 $8,480 $3,200 $5,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 For Sale $279,900 -- --
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7555690

First Multiple Listing Service (FMLS)

APN: 14-0173-0010-015-8

Georgia Fulton County Atlanta 30314 Dixie Hills

1917 Penelope Rd NW, Atlanta, GA

This home is located at 1917 Penelope Rd NW, Atlanta, GA 30314 and is currently priced at $279,900. This property was built in 1957. 1917 Penelope Rd NW is a home located in Fulton County with nearby schools including Frederick Douglass High School, Kipp Strive Academy, and KIPP Strive Primary.

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Listing Agent
GEORGE ANSONG
Section Image
Maximum One Greater Atlanta Realtors
(470) 517-7793