2794 7th St SW Atlanta, GA 30315
Hammond Park NeighborhoodEstimated payment $2,178/month
Highlights
- Private Lot
- 1-Story Property
- Back and Front Yard Fenced
About This Home
First-Time Homebuyer (FHH) Special – Income-Producing Duplex with Easy Triplex Conversion!This property is currently generating approximately $4,000/month on Airbnb, set up as a duplex with a 1,200 sq ft main living area, and can be easily converted into a triplex by finishing the basement into a 2 bed / 1 bath unit. Seller is offering $15,000 toward buyer closing costs with full asking price.Take advantage of this unique opportunity for first-time buyers to live in one unit while generating rental income—or rent all three units for maximum returns. The property also qualifies for up to $9,000 in first-time homebuyer grant assistance (subject to buyer eligibility).Front unit is grossing approx. $575/week on Airbnb – turnkey short-term rental income.Live in one unit and rent the others, or operate all as Airbnb units.Unfinished basement can be converted into a 2 bed / 1 bath third unit for approx. $40,000.Once converted, the property is projected to gross up to $80,000/year renting all three units.Estimated After-Repair Value (ARV): Upper $300,000s – solid equity and income upside.Ideal for house hackers, first-time buyers, or investors looking for a high-yield, value-add opportunity in a growing market.Let me know if you'd like this adapted for:MLS listingReal estate flyerSocial media postInvestor pitch deck (with rent breakdowns or cap rate projections)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,938
Year Built
- Built in 1932
Lot Details
- 8,904 Sq Ft Lot
- Back and Front Yard Fenced
- Private Lot
Interior Spaces
- 1-Story Property
Schools
- Emma Hutchinson Elementary School
- Crawford Long Middle School
- South Atlanta High School
Utilities
- Cooling System Powered By Gas
- Heating System Uses Natural Gas
Community Details
- Hammond Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 14 009300020270
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,289 | $65,240 | $18,400 | $46,840 |
| 2023 | $2,289 | $68,800 | $17,640 | $51,160 |
| 2022 | $2,375 | $58,680 | $13,600 | $45,080 |
| 2021 | $1,805 | $44,560 | $14,000 | $30,560 |
| 2020 | $1,471 | $35,920 | $7,640 | $28,280 |
| 2019 | $487 | $27,760 | $5,360 | $22,400 |
| 2018 | $331 | $8,000 | $2,000 | $6,000 |
| 2017 | $332 | $7,680 | $1,920 | $5,760 |
| 2016 | $333 | $7,680 | $1,920 | $5,760 |
| 2015 | $811 | $7,680 | $1,920 | $5,760 |
| 2014 | $348 | $7,680 | $1,920 | $5,760 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | Price Changed | $349,000 | 0.0% | -- |
| 05/20/2025 05/20/25 | For Sale | $349,000 | +2.9% | $178 / Sq Ft |
| 05/20/2025 05/20/25 | For Sale | $339,000 | +5367.7% | -- |
| 11/15/2012 11/15/12 | Sold | $6,200 | +24.0% | $7 / Sq Ft |
| 10/16/2012 10/16/12 | Pending | -- | -- | -- |
| 09/26/2012 09/26/12 | For Sale | $5,000 | -- | $6 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $80,000 | -- | |
| Warranty Deed | $54,500 | -- | |
| Warranty Deed | $109,000 | -- | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | $6,200 | -- | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $30,000 | -- | |
| Foreclosure Deed | $77,580 | -- | |
| Deed | $145,000 | -- | |
| Deed | $72,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $179,100 | New Conventional | |
| Previous Owner | $87,000 | New Conventional | |
| Previous Owner | $116,000 | New Conventional | |
| Previous Owner | $57,600 | New Conventional |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7583054
APN: 14-0093-0002-027-0
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