Don’t miss this incredible investment opportunity! This newly renovated 3-unit multi-family building is ideally located in the vibrant Atlanta University Center area. Two of three units are tenant occupied. Property Highlights: Unit Breakdown: (2) Two-bedroom, one-bathroom units with central air and heat. (1) Studio apartment on the terrace level with a modern mini-split system. Recent Upgrades: Renovated kitchens and bathrooms featuring contemporary finishes. Newer systems for enhanced comfort and efficiency. Additional Features: Basement with abundant storage space, offering potential for conversion into a fourth unit. A two-car paved driveway and a spacious, fully fenced backyard—perfect for outdoor enjoyment or future enhancements. Financial Details: Gross Annual Rents: $52,800 Annual Expenses: Approximately 11% of gross rents. Whether you're an investor looking to add a high-performing, cash-flowing asset to your portfolio or a future owner-occupant seeking to live in one unit while earning rental income, this property delivers on all fronts. This property will be sold as-is. Schedule your showing today and secure this exceptional property in one of Atlanta’s most sought-after areas!
Property Details
Property Features
Property Information:
Year Built: 1930
Listing Office:
Office Name: Keller Williams Realty Atl Partners
Office Phone: (678) 252-1900
Listing Agent: Moshay Kimber
Interior Features
Interior Information:
Flooring Type: Ceramic Tile, Laminate
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: Neighborhood
Parking Information:
Parking: Driveway, Paved
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Central, Electric, Other
Cooling: Ceiling Fan(s), Central Air
Other
Directions Information:
Directions: Corner of Joseph E Lowery Blvd SW & Fair St
Price Information
Listing Price Info
Price Summary:
List Price: $550,000
Tax Information:
Annual Amount: $2,189
Tax Year: 2020
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Housing Market Comparison
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IDX Provided by Rocket Homes Real Estate, LLC Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 01, 2019
Mar 01, 2019Home Sold
$120,000
Oct 16, 2015
Oct 16, 2015Home Sold
$25,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,189
$52,880
2019
$1,775
$43,200
2017
$432
$10,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
5
/10
M. Agnes Jones Elementary School
1040 Fair St SW
Distance between this listing and this school0.23 miles
Public District Grades EE-5
4
/10
Slam Academy of Atlanta
1150 Westview Dr SW
Distance between this listing and this school0.46 miles
Public Charter Grades KG-5
3
/10
Dunbar Elementary School
500 Whitehall Ter SW
Distance between this listing and this school1.07 miles
Public District Grades PK-5
Nearby Schools
3
/10
Hollis Innovation Academy
225 James P Brawley Drive NW
Distance between this listing and this school0.89 miles
Public District Grades EE-8
2
/10
Herman J. Russell West End Academy
765 Peeples St SW
Distance between this listing and this school1.04 miles
Public District Grades 6-8
4
/10
Kipp Strive Academy
1444 Lucile Ave SW
Distance between this listing and this school1.08 miles
Public Charter Grades 5-8
Nearby Schools
2
/10
Booker T. Washington High School
45 Whitehouse Dr SW
Distance between this listing and this school0.38 miles
Public District Grades 9-12
4
/10
Kipp Atlanta Collegiate Academy
98 Anderson Ave NW
Distance between this listing and this school1.99 miles
Public Charter Grades 9-12
1
/10
G. W. Carver High School
55 McDonough Blvd SE
Distance between this listing and this school2.63 miles
The neighbors living near this home have an average income of $12,549. Residents of Atlanta, GA typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
This home is located at 215 Joseph E Lowery Blvd SW in Atlanta, GA and zip code 30314 in the Southwestern Atlanta neighborhood. This home, which was built in 1930, sits on a 0.09 acre lot. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $550,000.
Atlanta, GA housing market in November 2024 saw over 147 listings sold above listed price, more than 188 sold at listed price and over 559 sold below. In November 2024 in Atlanta, GA there were 5.4% more homes for sale than in October 2024. While the average time on the market in November 2024 was 47 days, the median list price was $421,834.
From Rocket Homes Real Estate and based on county public records data.