This well-maintained 6-unit apartment building offers an exceptional investment opportunity in one of Atlanta’s most sought-after neighborhoods. Located just minutes from I-20, with easy access to the Beltline Trail and public transit. The building features a stable, long-term tenant base and a strong rental history, yet it’s a great value-add opportunity. As a corner unit, it offers excellent curb appeal and ample parking, enhancing both the functionality and desirability of the property. Don’t miss out on this rare chance to secure a prime piece of real estate in West End Atlanta!
Property Details
Property Features
Property Information:
Year Built: 1960
Listing Office:
Office Name: Buy N Sell Realty
Office Phone: (678) 250-9200
Listing Agent: Kito J Johnson
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: Other
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot: Level, Other
Lot Size: 0.19 Acres
Utilities
Utilities Information:
Heating: Forced Air, Other
Cooling: Central Air
Other
Directions Information:
Directions: Use GPS
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
Tax Information:
Annual Amount: $3,810
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Atlanta, GA.
This property is $778.5K more 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: #7486343
Listing Office:
Office Name: Buy N Sell Realty
Office Phone: (678) 250-9200
Listing Agent: Kito J Johnson
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,057
Per Month
Principal & Interest
$5,990
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,664
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Slam Academy of Atlanta
1150 Westview Dr SW
Distance between this listing and this school0.41 miles
Public Charter Grades KG-5
5
/10
Kipp Strive Primary School
1448 Lucile Ave SW
Distance between this listing and this school0.45 miles
Public Charter Grades KG-4
5
/10
M. Agnes Jones Elementary School
1040 Fair St SW
Distance between this listing and this school0.60 miles
Public District Grades EE-5
Nearby Schools
4
/10
Kipp Strive Academy
1444 Lucile Ave SW
Distance between this listing and this school0.46 miles
Public Charter Grades 5-8
2
/10
Herman J. Russell West End Academy
765 Peeples St SW
Distance between this listing and this school0.58 miles
Public District Grades 6-8
3
/10
Hollis Innovation Academy
225 James P Brawley Drive NW
Distance between this listing and this school1.61 miles
Public District Grades EE-8
Nearby Schools
2
/10
Booker T. Washington High School
45 Whitehouse Dr SW
Distance between this listing and this school0.94 miles
Public District Grades 9-12
4
/10
Kipp Atlanta Collegiate Academy
98 Anderson Ave NW
Distance between this listing and this school1.75 miles
Public Charter Grades 9-12
1
/10
G. W. Carver High School
55 McDonough Blvd SE
Distance between this listing and this school2.65 miles
The neighbors living near this home have an average income of $28,571. Most Atlanta, GA residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 516 Holderness St SW
What is the listing price of this property?
The listing price of 516 Holderness St SW property is $1,200,000.
What type of property is this?
The property 516 Holderness St SW is a house located in Atlanta, Georgia, 30310.
Is this property for sale now?
Active Listing: 516 Holderness St SW is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,810 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 19, 2021 for $670,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 516 Holderness St SW is 1960.
This home is located at 516 Holderness St SW in Atlanta, GA and zip code 30310 in the Southwestern Atlanta neighborhood. This home, which was built in 1960, sits on a 0.19 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,200,000.
Atlanta, GA housing market in October 2024 saw over 184 listings sold above listed price, more than 249 sold at listed price and over 591 sold below. In October 2024 in Atlanta, GA there were 15.6% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $421,449, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.