2 months on rocket

852 Monroe Dr NE, Atlanta, GA, 30308

$1,155,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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852 Monroe Dr NE, Atlanta$1,155,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingParking Lot, Paved
Year Built1920
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewTrees/Woods
MLS #7469143
Lot Size0.19 Acres
StatusActive

About 852 Monroe Dr NE

Property is sold together as a package deal with 856 Monroe Dr. FMLS 8469200. Presenting 852 Monroe Dr., a fully-leased, spacious quadruplex in one of Atlanta’s most sought-after neighborhoods! With 100% occupancy, this property ensures steady cash flow for investors. The unit mix includes two large 1-bedroom, 1-bath units, one expansive studio (0-bedroom, 1-bath), and a generous 2-bedroom, 1-bath unit, which spans two levels, providing ample space and appeal to tenants. With a parking lot for 6 cars, this property provides a rare convenience in such a desirable location. While the units are in great condition, there’s significant upside potential for luxury rentals with cosmetic upgrades. Just steps from the Beltline, Piedmont Park, and Atlanta’s premier shopping and dining options, 852 Monroe Dr. is perfectly positioned to attract renters seeking a vibrant, walkable lifestyle. With its large units and prime location, this is an exceptional investment opportunity for those looking for stable returns in a high-demand area!

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (770) 317-7481
  • Listing Agent: Elena Volkova

Exterior Features

Exterior Information:

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

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot, Paved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 10th and Monroe, go South on Monroe, property is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,155,000

Tax Information:

  • Annual Amount: $12,420
  • 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

852 Monroe Dr NE vs Atlanta

75 DAYS ON ROCKET

+28 Days

$1,155,000

+$733.1K More

KEY TAKEAWAY

This property is $733.1K 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: #7469143

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (770) 317-7481
  • Listing Agent: Elena Volkova

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: 12/23/2024, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$12,420$300,000
2019$9,450$343,440
2017$9,934$230,000

History based on county public records data.

Payment Calculator

$5,832

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,529

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-1281518
8
/10

  • Morningside Elementary School

  • 774 Virginia Ave NE

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-1281519
8
/10

  • Springdale Park Elementary School

  • 1246 Ponce De Leon Ave NE

  • 1.38 miles

  • Public District Grades KG-5

school-card-donut-1281520
3
/10

  • Hope - Hill Elementary School

  • 112 Boulevard NE

  • 1.43 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 $101,082. Typical income of Atlanta, GA residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Fulton County›Atlanta›30308›852 Monroe Dr NE

This home is located at 852 Monroe Dr NE in Atlanta, GA and zip code 30308 in the Midtown neighborhood. This home, which was built in 1920, sits on a 0.19 acre lot. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $1,155,000.

Over 147 listings were sold over their listed price in November 2024 in Atlanta, GA. In the same period over 559 listings were sold below the listed price and 188 listings were sold for the listed price. Between October 2024 and November 2024, Atlanta, GA real estate market has seen increase in the number of listings by 5.4%. 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.

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