$849,000
$81K PRICE DROP

Estimated payment $5,786/month

Total Views 16,424
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • Park
  • Zoned Heating and Cooling System
  • Midtown High School Rated A+
  • Restaurant
  • Property is near schools

About This Home

Investor Opportunity: Own a rare piece of Atlanta’s history with this fully furnished, income-generating duplex in the heart of Old Fourth Ward. This property was once the residence of Antoine Graves, a trailblazing African American leader and real estate broker instrumental in shaping Atlanta’s early development. Located just two blocks from Dr. Martin Luther King Jr.’s birth home, this duplex offers both historical significance and prime location. Each unit seamlessly blends classic charm with modern amenities—beautiful hardwood floors, soaring ceilings, intricate millwork, in-unit washers/dryers, and stylish furnishings. With a secured midterm lease in place, investors can enjoy immediate cash flow. Situated steps from the Atlanta Beltline (.3 miles) and Krog Street Market (one of Atlanta's favorite hang-out spots with tons of restaurants and just .5 miles away), the property ensures high occupancy rates year-round, appealing to short-term, midterm, and long-term tenants alike. This low-maintenance, high-yield asset is perfect for investors seeking a hassle-free addition to their portfolio. Don’t miss this unique opportunity to own a piece of Atlanta’s heritage while capitalizing on its thriving rental market. ?

Listing Agent

Jeff Medinger

Harry Norman REALTORS License #408690 Listed on: 05/01/2025

Harry Norman REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,006

Year Built

  • Built in 1920

Lot Details

  • 2,875 Sq Ft Lot
  • Lot Dimensions are 90 x 33
  • Back Yard Fenced

Property Views

  • City
  • Woods

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • Energy-Efficient Thermostat

Location

  • Property is near schools
  • Property is near shops
  • Property is near the Beltline

Schools

  • Hope-Hill Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 004600120490

Community Details

Overview

  • 2 Units
  • Old Fourth Ward Subdivision

Amenities

  • Restaurant

Recreation

  • Park
  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,006

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1920
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Wood Siding
  • Roof Type: Composition, Shingle
  • Fencing: Back Yard
  • View: City, Trees/Woods
  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
  • Heating: Central, Electric, Zoned
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Beltline, Near Schools, Near Shopping, Near Trails/Greenway, Park, Restaurant, Sidewalks, Street Lights
  • Subdivision Complex: Old Fourth Ward

Schools

  • Elementary School: Hope-Hill
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Acres: 0.0660
  • Land/Lot: 46
  • Lot Dimensions: 90 X 33
  • Parcel Number: 14 004600120490
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat
  • Green Energy Generation: None

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 13006.00
  • Assessor Parcel Number: 14-0046-0012-049-0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Hope-Hill
  • High School: Midtown
  • Middle School: David T Howard

Map

Range of Values:

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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 $10,134 $330,560 $80,600 $249,960
2023 $10,602 $256,080 $80,600 $175,480
2022 $10,364 $256,080 $80,600 $175,480
2021 $8,499 $209,800 $118,160 $91,640
2020 $7,498 $183,040 $45,880 $137,160
2019 $920 $183,040 $45,880 $137,160
2018 $7,578 $183,040 $45,880 $137,160
2017 $2,351 $54,440 $30,160 $24,280
2016 $2,357 $54,440 $30,160 $24,280
2015 $3,210 $54,440 $30,160 $24,280
2014 $2,468 $54,440 $30,160 $24,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $849,000 -5.7% --
07/11/2025 07/11/25 For Sale $899,900 0.0% --
07/06/2025 07/06/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $899,900 -2.1% --
05/15/2025 05/15/25 Price Changed $919,000 -1.2% --
02/15/2025 02/15/25 Price Changed $929,900 -3.0% --
02/04/2025 02/04/25 For Sale $959,000 0.0% --
10/08/2024 10/08/24 Off Market $2,900 -- --
09/01/2023 09/01/23 For Rent $2,900 -- --
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $930,000 --
Warranty Deed -- --
Warranty Deed $520,000 --
Warranty Deed -- --
Warranty Deed $244,900 --
Warranty Deed $69,000 --
Deed $47,200 --
Deed $45,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $697,500 New Conventional
Previous Owner $395,200 New Conventional
Previous Owner $390,000 New Conventional
Previous Owner $307,500 New Conventional
Previous Owner $170,000 New Conventional
Previous Owner $107,231 New Conventional
Closed -- No Value Available
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7571617

First Multiple Listing Service (FMLS)

APN: 14-0046-0012-049-0