839 Commodore Dr NW Atlanta, GA 30318
Center Hill NeighborhoodEstimated payment $2,664/month
Highlights
- Property is near public transit, schools, and shops
- Central Heating and Cooling System
- 5-minute walk to Center Hill Park
- No HOA
- Wood Siding
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.
Listing Agent
EXP Realty, LLC. Brokerage Phone: 888-959-9461 License #420742 Listed on: 01/07/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,604
Year Built
- Built in 1950 | Remodeled
Lot Details
- 10,803 Sq Ft Lot
- Irregular Lot
Parking
- Driveway
Home Design
- Brick Exterior Construction
- Composition Roof
- Wood Siding
- Cedar
Interior Spaces
- Aluminum Window Frames
- Laminate Flooring
Location
- Property is near public transit, schools, and shops
- Property is near the Beltline
Schools
- Woodson Park Academy Elementary School
- John Lewis Invictus Academy/Harper-Archer Middle School
- Frederick Douglass High School
Utilities
- Central Heating and Cooling System
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 14 017700170371
Community Details
Overview
- No Home Owners Association
- 2 Units
- Dixie Hills Subdivision
Building Details
- Operating Expense $17,220
- Net Operating Income $31,980
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 | $2,808 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/20/2026 04/20/26 | Price Changed | $449,000 | -0.7% | -- | |
| 04/02/2026 04/02/26 | Price Changed | $452,000 | -0.4% | -- | |
| 02/25/2026 02/25/26 | Price Changed | $454,000 | -1.1% | -- | |
| 01/07/2026 01/07/26 | 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $420,000 | -- | |
| Warranty Deed | $160,000 | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | New Conventional | |
| Previous Owner | $230,000 | New Conventional |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7700455
APN: 14-0177-0017-037-1
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Ask me questions while you tour the home.