new - 5 hours on rocket

311 University Ave SW, Atlanta, GA, 30310

$389,999

Home List Price

$4,631*

Closing Credit

0 Baths
Multi

Location

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311 University Ave SW, Atlanta$389,999

Buyer Closing Credits

$4,631*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1948
HeatingForced Air
CoolingCentral Air
WaterfrontNone
ViewOther, Trees/Woods
MLS #7498214
Lot Size0.10 Acres
StatusActive

About 311 University Ave SW

Calling all investors! Strategically located in close proximity to Atlanta Beltline, Pittsburg Yards, highways, and public transportation, this up/down duplex on University Avenue offers a practical yet spacious layout with three bedrooms and two bathrooms on the upper unit and an one bedroom and one bathroom on the bottom unit. The property's prime location places it near downtown, West End Mall, 10 minutes from the Airport, and various amenities in the heart of Atlanta. Both units were renovated a few years ago and have current tenants in place. The duplex nature of the home also opens the door to incredible investment opportunities where one (or both) of the units could be used to generate income from tenants and one can be owner-occupied in near future. As of right now, the owner rents upstairs unit for $1850/month and bottom unit for $1,000 a month, total of $2850 a month.

Property Details

Property Features

Property Information:

  • Year Built: 1948

Listing Office:

  • Office Name: Keller Williams Realty Atlanta Partners
  • Office Phone: (678) 775-2600
  • Listing Agent: Shermine Khakiani

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other, Trees/Woods

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Please use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,999

Tax Information:

  • Annual Amount: $1,313
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

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Atlanta, GA

City

Med. Sold Price

$421.8K

Med. Price/SqFt

$251

Avg. Days On Market

47

# of Sold Homes

939

311 University Ave SW vs Atlanta

1 DAY ON ROCKET

-46 Days

$389,999

-$31.8K Less

KEY TAKEAWAY

This property is $31.8K less than the Median Sold Price in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7498214

Listing Office:

  • Office Name: Keller Williams Realty Atlanta Partners
  • Office Phone: (678) 775-2600
  • Listing Agent: Shermine Khakiani

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.

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: 12/17/2024, 11:20:49 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

Apr 29, 2019Home Sold
$105,000
Apr 25, 2019Home Sold
$65,000
Jan 05, 2010Home Sold
$24,000
Apr 07, 2006Home Sold
$76,000
Mar 20, 2006Home Sold
$64,000
Apr 12, 2005Home Sold
$148,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,313$31,720
2019$1,066$25,960
2017$287$6,640

History based on county public records data.

Payment Calculator

$2,014

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,236

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.

Nearby Schools

school-card-donut-4267511
3
/10

  • Slater Elementary School

  • 1320 Pryor Rd SW

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-4267512
4
/10

  • Gideons Elementary School

  • 897 Welch St SW

  • 0.71 miles

  • Public District Grades PK-5

school-card-donut-4267513
4
/10

  • Barack & Michelle Obama Academy

  • 970 Martin St SE

  • 0.99 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,874. Most Atlanta, GA residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Fulton County›Atlanta›30310›311 University Ave SW

This home is located at 311 University Ave SW in Atlanta, GA and zip code 30310 in the Southwestern Atlanta neighborhood. This home, which was built in 1948, sits on a 0.10 acre lot. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $389,999.

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. In November 2024 median list price was $421,834 and the average listing age was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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