$499,484
$5K PRICE DROP

240 Wellington St SW Atlanta, GA 30314

Hunter Hills Neighborhood

Estimated payment $3,286/month

Total Views 6,149
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Calling All Investors! Located in the sought-after Historic Mozley Park neighborhood, this spacious 1938 home sits on a .30-acre lot and is bursting with potential. Currently configured with 10 bedrooms and 3 bathrooms, this property has operated as a successful rent-per-room investment for the past 16 years. Originally a triplex (last used as such in 2009), each unit featured 3 bedrooms and 1 bathroom-making this an ideal candidate for conversion back to a multi-family setup with the proper zoning variance. Though in the historic Mozley Park area, this property is NOT located in a historic preservation zone, giving buyers more flexibility for renovations and development. The neighborhood has seen significant upward growth over the past 3 years, with beautifully renovated homes appearing daily-and its close proximity to the Atlanta BeltLine only adds to the appeal and long-term value. Whether you're looking to restore it as a grand single-family home, reconfigure it as a profitable triplex, or continue its use as a high-yield rental, this is an opportunity you don't want to miss. Currently tenant-occupied, and ready for its next chapter with a little vision and TLC!

Listing Agent

Jami Purser

Purser Realty License #410654 Listed on: 05/23/2025

Purser Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,228

Year Built

  • Built in 1938

Home Design

  • House
  • Fixer Upper
  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Laundry in unit

Schools

  • F L Stanton Elementary School
  • J. L. Invictus Academy Middle School
  • Douglass High School

Additional Features

  • 0.3 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 8 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,228

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1938
  • Levels: Two
  • Lot Size Acres: .30
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Block, Brick
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: F L Stanton
  • High School: Douglass
  • Middle School: J. L. Invictus Academy
  • Elementary School: F L Stanton
  • Middle School: J. L. Invictus Academy
  • High School: Douglass

Lot Info

  • Lot: 8
  • Deed Book: 48038
  • Deed Page: 587

Rental Info

  • Owner Pays: Electricity, Sewer, Water

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6228

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 $4,853 $160,600 $37,120 $123,480
2023 $4,853 $174,280 $75,000 $99,280
2022 $5,826 $143,960 $43,400 $100,560
2021 $3,693 $91,160 $30,160 $61,000
2020 $2,309 $56,840 $22,360 $34,480
2019 $935 $55,360 $21,960 $33,400
2018 $1,118 $27,000 $5,200 $21,800
2017 $1,121 $25,960 $5,000 $20,960
2016 $1,124 $25,960 $5,000 $20,960
2015 $2,035 $25,960 $5,000 $20,960
2014 $1,177 $25,960 $5,000 $20,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Price Changed $499,484 -1.0% --
05/23/2025 05/23/25 For Sale $504,765 -- --
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Deed $8,500 --
Foreclosure Deed $285,811 --
Deed $245,000 --
Deed $350,000 --
Foreclosure Deed $186,050 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,500 New Conventional
Source: Public Records

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See All Homes in Atlanta

Source: Georgia MLS

MLS Number: 10527310

Georgia MLS

APN: 14-0141-0009-095-2

Georgia Fulton County Atlanta 30310 Hunter Hills

240 Wellington St SW, Atlanta, GA

This home is located at 240 Wellington St SW, Atlanta, GA 30314 and is currently priced at $499,484. This property was built in 1938. 240 Wellington St SW is a home located in Fulton County with nearby schools including F.L. Stanton Elementary School, John Lewis Invictus Academy, and Frederick Douglass High School.

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Nearby Homes
Jami Purser
Listing Agent
Jami Purser
Section Image
Purser Realty
(470) 444-2289