$459,000

Estimated payment $2,684/month

Total Views 1,262
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • 1-Story Property
  • Wood Siding
  • No HOA
  • Central Heating and Cooling System
  • 5-minute walk to Center Hill Park

About This Home

This property represents the kind of opportunity serious investors look for when they want long term upside, strong rental demand, and positioning inside one of Atlanta's most important redevelopment corridors. Located at 839 Commodore Drive NW in the heart of the Dixie Hills and Bankhead area, this home sits in a pocket that continues to benefit from city backed revitalization, infrastructure investment, and steady tenant demand driven by proximity to Downtown Atlanta, West Midtown, Georgia Tech, Mercedes Benz Stadium, and the BeltLine expansion plans moving west. What makes this property stand out immediately is its scale and layout. With five bedrooms and two full baths on a single level, it offers a rare combination of space and functionality that performs extremely well in the rental market. Homes of this size in this corridor consistently attract strong tenant interest because they support multiple household types, including larger families, multi generational living, shared housing models, and room by room rental strategies. Investors understand that bedroom count is leverage, and this home delivers exactly that. The property sits on a generous quarter acre lot, providing privacy, flexibility, and future optionality. Large lots in this area are increasingly valuable as redevelopment accelerates and land becomes more scarce. Whether an investor's strategy is long term buy and hold, Section 8 placement, short term corporate style leasing, or future redevelopment, this lot size creates options that smaller parcels simply cannot offer. From a construction standpoint, the home features wood frame construction with durable vinyl siding and stone accent details, paired with an asphalt shingle roof. This is a practical, cost effective build style that investors favor because it keeps long term maintenance predictable and affordable. The single story layout is another major advantage, as it reduces structural complexity, simplifies repairs, and appeals to a wider tenant pool that includes families and renters seeking easy accessibility. Parking is often overlooked, but not here. The private driveway offers convenient off street parking, a key feature that supports rental desirability in urban corridors. Tenants value ease of access, and investors benefit from fewer parking related issues over time. From a rental perspective, this area continues to perform well. Comparable homes in the immediate vicinity support strong monthly rents, particularly for five bedroom properties. This home is well positioned to generate consistent cash flow while still offering upside through cosmetic enhancements or strategic repositioning. Light upgrades such as interior paint, flooring refreshes, fixture updates, or adding washer dryer access can push rental rates even higher without heavy capital expenditure. For investors who understand value add strategies, this property offers a clear path to improved returns. Beyond the numbers, location is the story investors care about most, and this address delivers. Dixie Hills and Bankhead are no longer fringe areas. They are transformation zones. Investors who entered this corridor early have already seen appreciation, and those entering now are positioning themselves ahead of the next wave. The proximity to major employment centers, transit access, and ongoing redevelopment projects continues to strengthen tenant demand while supporting long term appreciation. This property also fits cleanly into multiple investor profiles. It works for buy and hold investors looking for steady cash flow. It works for Section 8 investors seeking larger bedroom counts with strong demand. It works for portfolio builders who want properties that are easy to manage and lease. It even works for forward thinking investors who understand the long term land value and future redevelopment potential of this corridor. What truly sets this offering apart is how it has been positioned. This is not just a list

Listing Agent

Juanita Wright

eXp Realty Brokerage Phone: 470-487-5809 License #420742 Listed on: 12/24/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,604

Year Built

  • Built in 1950 | Remodeled

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding

Parking

  • 2 Parking Spaces
  • Parking Pad

Schools

  • Woodson Elementary School
  • J. L. Invictus Academy Middle School
  • Washington High School

Additional Features

  • 1-Story Property
  • 0.25 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Dixie Hills Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,604

Year Built

Built in 1950 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Levels: One
  • Lot Size Acres: .25
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Woodson
  • High School: Washington
  • Middle School: J. L. Invictus Academy

Rental Info

  • Owner Pays: Electricity

Tax Info

  • Year: 24
  • Tax Annual Amount: 3604.36

Multi Family

  • NumberOfUnitsTotal: 2

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 $2,808 $147,120 $38,040 $109,080
2023 $2,808 $88,040 $38,040 $50,000
2022 $2,475 $61,160 $15,520 $45,640
2021 $2,220 $54,800 $21,520 $33,280
2020 $1,367 $33,360 $7,880 $25,480
2019 $933 $32,720 $7,720 $25,000
2018 $659 $15,920 $3,560 $12,360
2017 $263 $6,080 $2,640 $3,440
2016 $263 $6,080 $2,640 $3,440
2015 $1,165 $6,080 $2,640 $3,440
2014 $276 $6,080 $2,640 $3,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2026 01/22/26 Price Changed $1,050 -4.1% $1 / Sq Ft
01/13/2026 01/13/26 Price Changed $1,095 -4.8% $1 / Sq Ft
01/09/2026 01/09/26 Price Changed $1,150 -3.8% $2 / Sq Ft
01/07/2026 01/07/26 Price Changed $1,195 -4.0% $2 / Sq Ft
01/02/2026 01/02/26 For Rent $1,245 0.0% --
12/24/2025 12/24/25 For Sale $459,000 +100.4% --
02/08/2023 02/08/23 For Sale $229,000 +43.1% $157 / Sq Ft
02/07/2023 02/07/23 Sold $160,000 -30.1% $110 / Sq Ft View Prior Sale
02/05/2023 02/05/23 For Sale $229,000 0.0% $157 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/16/2022 12/16/22 Pending -- -- --
12/08/2022 12/08/22 For Sale $229,000 -- $157 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $420,000 --
Warranty Deed $160,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $230,000 New Conventional
Source: Public Records

Source: Georgia MLS

MLS Number: 10661429

Georgia MLS

APN: 14-0177-0017-037-1