344 E Rhinehill Rd SE Atlanta, GA 30315
Lakewood NeighborhoodEstimated payment $2,408/month
Highlights
- Second Kitchen
- Property is near public transit and schools
- Ranch Style House
- 0.81 Acre Lot
- Wooded Lot
- Solid Surface Countertops
About This Home
This renovated single-family home is currently operating as a shared living residence and offers a rare turnkey opportunity for strong cash flow. The property includes 8 PadSplit compliant private bedrooms, 4 full bathrooms, and 2 updated kitchens featuring granite countertops, stainless steel appliances, and modern white cabinetry.
The property also includes 5 additional rooms that are not counted, but they remain usable for alternative purposes such as flex rooms, offices, storage, or expanded common areas, offering additional upside and operational flexibility.
The layout supports high occupancy with multiple private rooms, a long central hallway, and a laundry-ready area with hookups already in place. Recent improvements include upgraded flooring throughout, refreshed bathrooms, clean interior finishes, exterior paint, a spacious covered carport, and a deep private lot. This is a well-maintained, income-ready asset in a growing corridor and an excellent option for investors seeking immediate performance and long-term upside.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 404-262-1234 License #237141 Listed on: 12/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,922
Year Built
- Built in 1960
Lot Details
- 0.81 Acre Lot
- Sloped Lot
- Wooded Lot
- Back and Front Yard
Home Design
- Ranch Style House
- Traditional Architecture
- Shingle Roof
- Four Sided Brick Exterior Elevation
- Concrete Perimeter Foundation
Interior Spaces
- Entrance Foyer
- Vinyl Flooring
- Pull Down Stairs to Attic
- Laundry on lower level
Kitchen
- Second Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Gas Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Bedrooms and Bathrooms
- 4 Full Bathrooms
- Double Vanity
- Bathtub with Shower
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Finished Basement Bathroom
Parking
- 1 Carport Space
- Driveway
Schools
- John Wesley Dobbs Elementary School
- Crawford Long Middle School
- South Atlanta High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- Front Porch
- Property is near public transit and schools
Community Details
- No Home Owners Association
- Odis Nin Subdivision
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 14 003800080710
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 | $4,451 | $95,880 | $35,000 | $60,880 |
| 2023 | $5,776 | $139,520 | $75,000 | $64,520 |
| 2022 | $4,261 | $105,280 | $39,480 | $65,800 |
| 2021 | $2,251 | $55,560 | $15,240 | $40,320 |
| 2020 | $2,250 | $54,920 | $15,080 | $39,840 |
| 2019 | $495 | $40,760 | $14,360 | $26,400 |
| 2018 | $878 | $21,200 | $4,600 | $16,600 |
| 2017 | $32 | $19,840 | $3,600 | $16,240 |
| 2016 | $32 | $19,840 | $3,600 | $16,240 |
| 2015 | $1,370 | $19,840 | $3,600 | $16,240 |
| 2014 | $900 | $19,840 | $3,600 | $16,240 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $399,900 | +81.8% | $245 / Sq Ft | |
| 05/24/2023 05/24/23 | For Sale | $220,000 | +11.7% | $135 / Sq Ft | |
| 05/23/2023 05/23/23 | Sold | $197,000 | -10.5% | $121 / Sq Ft | View Prior Sale |
| 04/29/2023 04/29/23 | Pending | -- | -- | -- | |
| 04/26/2023 04/26/23 | For Sale | $220,000 | +37.5% | $135 / Sq Ft | |
| 02/10/2023 02/10/23 | Sold | $160,000 | -20.0% | $49 / Sq Ft | View Prior Sale |
| 01/18/2023 01/18/23 | Pending | -- | -- | -- | |
| 01/11/2023 01/11/23 | For Sale | $200,000 | 0.0% | $61 / Sq Ft | |
| 01/03/2023 01/03/23 | Price Changed | $200,000 | 0.0% | $61 / Sq Ft | |
| 01/03/2023 01/03/23 | For Sale | $200,000 | -11.1% | $61 / Sq Ft | |
| 12/28/2022 12/28/22 | Pending | -- | -- | -- | |
| 12/26/2022 12/26/22 | Pending | -- | -- | -- | |
| 12/05/2022 12/05/22 | Price Changed | $225,000 | -8.2% | $69 / Sq Ft | |
| 10/06/2022 10/06/22 | For Sale | $245,000 | +744.8% | $75 / Sq Ft | |
| 01/24/2013 01/24/13 | Sold | $29,000 | +16.5% | $18 / Sq Ft | View Prior Sale |
| 10/22/2012 10/22/12 | Pending | -- | -- | -- | |
| 10/18/2012 10/18/12 | For Sale | $24,900 | -- | $15 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $197,000 | -- | |
| Warranty Deed | $160,000 | -- | |
| Warranty Deed | $29,000 | -- | |
| Warranty Deed | $10,200 | -- | |
| Foreclosure Deed | $19,000 | -- | |
| Deed | $170,000 | -- | |
| Deed | $62,800 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $265,500 | Mortgage Modification | |
| Previous Owner | $8,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $63,585 | VA |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7689394
APN: 14-0038-0008-071-0
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