344 E Rhinehill Rd SE Atlanta, GA 30315
Lakewood NeighborhoodEstimated payment $2,397/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 13 rooms, 4 full baths, and 2 updated kitchens featuring granite countertops, stainless steel appliances, and modern white cabinetry. The layout supports high occupancy with multiple private rooms, a long central hallway, and a laundry-ready area with hookups already in place. When fully leased, the property has income potential of approximately $9,500 per month. 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
- Roommate Plan
- 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
- White Kitchen Cabinets
Bedrooms and Bathrooms
- Double Vanity
- Bathtub and Shower Combination in Primary Bathroom
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Finished Basement Bathroom
Parking
- 3 Parking Spaces
- 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
- 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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