Estimated payment $1,962/month
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
Maximum One Greater Atlanta Realtors License #248117 Listed on: 06/10/2025
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Flooring
Bedrooms and Bathrooms
Laundry
Basement
Outdoor Features
Schools
Utilities
Community Details
Listing and Financial Details
| 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 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | For Sale | $279,900 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $69,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $25,000 | Stand Alone Refi Refinance Of Original Loan |
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Source: First Multiple Listing Service (FMLS)
MLS Number: 7595654
APN: 14-0173-0010-015-8
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