20 Marietta St NW Unit 15E · Atlanta, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 6/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 5/10 · Moderate
- Chance of severe wind over 30 yrs
- 26.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +20.5/30.0
- 1% rule +8.5/10.0
- ARV discount +7.5/15.0
- DSCR +6.5/10.0
- Livability +4.2/5.0
- Appreciation +3.7/10.0
- Rent growth +3.4/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
$125,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Enjoy skyline views of Downtown Atlanta from the 15th floor of this light-filled condo in the heart of Downtown and Five Points! Originally constructed in 1908 as the historic Third National Bank Building, The Metropolitan was thoughtfully reimagined ahead of the 1996 Summer Olympics and today offers residents a true intown lifestyle. Perfectly positioned near Georgia State University, Five Points MARTA, Centennial Olympic Park, Mercedes-Benz Stadium, State Farm Arena, and countless dining and entertainment options, this location places the best of Atlanta right outside your door. This corner studio-style unit is one of the few in the building offering this volume of windows and natural light, creating an open, airy feel throughout the space. The flexible layout provides multiple options for living, dining, work-from-home setups, and storage solutions. The kitchen is larger than many comparable units and features abundant shaker cabinetry, generous countertop space, and excellent functionality. Even the oversized bathroom benefits from natural light, adding to the bright and welcoming feel of the home. Take advantage of the ongoing South Downtown transformation, major investment surrounding the 2026 World Cup, and the opportunity to own just steps from some of Atlanta's most iconic venues and entertainment destinations. With close proximity to Georgia State and its blend of historic architecture and urban character, The Metropolitan continues to be a sought-after option for students, faculty, professionals, and buyers looking to experience true city living.
Key facts
- $417 HOA
- Built 1995
- Listed 27 days
Property features AI
Finance
- Other: Property is a single-unit community (one unit in community)
- Financial info:
- HOA & community: Monthly association fee of $417; Association covers grounds maintenance, structure maintenance, pest control, reserve fund, and termite service; Community amenities include concierge, fitness center, sidewalks, street lights, proximity to public transport and shopping, and homeowners association
Exterior
- Parking:
- Security:
- Utilities: Public water; Public sewer; Cable available; Electricity available; Sewer available; Water available
- Home design: One level; Resale property
- Construction: Other construction materials; Other roof
- Exterior features: Condominium ownership; Other exterior features
Interior
- Kitchen: Eat-in kitchen with stained cabinets; Pantry; Solid surface counters; Dishwasher; Disposal; Electric range; Microwave; Refrigerator
- Bedrooms: Studio layout (main level bedroom)
- Flooring: Ceramic tile; Luxury vinyl
- Bathrooms: One full bathroom with tub/shower combo
- Heating & cooling: Central air conditioning; Central electric heating
- Interior features: Entrance foyer; 10-ft high ceilings in main living area; High-speed internet available; Insulated windows with window treatments; Two or more shared/common walls; end unit; Open-concept dining area
- Laundry & utility: Laundry in common area; Electric water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $125k.
Deal economics
- At list price, monthly cash flow is $165 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $125k).
- Recommended offer: $123k (1.5% below list) — sets the bar for market timing.
- Cap rate 7.9% vs local median 3.1% in Atlanta — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 83/100 on livability (#6 in GA, #919 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: cost of living C-.
- Atlanta Public Schools (urban): math 28% / reading 35% proficiency, ranked #80 of 174 in GA (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Centennial Place Academy (Charter) (math 12% / reading 12%, grade F, #1,041 of 1,228 statewide, top 87%, 804 students, 100% FRL, charter); David T Howard Middle School (math 58% / reading 63%, grade B+, #39 of 470 statewide, top 8%, 1,119 students, 19% FRL); Midtown High School (math 22% / reading 34%, grade F, #151 of 424 statewide, top 36%, 1,602 students, 19% FRL) — zoned schools average 46% FRL vs 71% district-wide (25 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: Rents rising (+3.6%/yr); 39 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-2.5%/yr); year-one equity from $864 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 28 days — a 2% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 10y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: HOA is 25% of rent.
- Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.35% ✓
- Cap rate
- 7.87%
- Cash-on-cash
- 5.65%
- DSCR
- 1.25
- GRM
- 6.2
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-2.54% appreciation · 3.59% rent growth · sell at horizon
- IRR
- -4.5%
- Equity multiple
- 0.82×
- Total profit
- $-6,132
- Equity at exit
- $21,201
- IRR
- 5.4%
- Equity multiple
- 1.44×
- Total profit
- $15,314
- Equity at exit
- $15,262
Cash invested: $35,000 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State Georgia
- 90 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 30303
- Home prices YoY
- -2.0%
- Rents YoY
- 3.6%
- Active inventory
- 39
- Price-to-rent
- 6.2×
Monthly cashflow live
- Estimated rent
- $1,689 high interval (Pro) →
- Mortgage (P&I)
- −$656
- Tax from tax record
- −$45 /mo · $535/yr
- Insurance
- −$52
- HOA
- −$417
- Vacancy / Maint / Mgmt
- −$355
- Net cashflow
- $165
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $31,250
- Closing costs
- $3,750
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 32 Peachtree St NW Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 772 | $1,695 | $2.19 | 11d | 1 | 0.06mi |
| 32 Peachtree St NW Atlanta, GA | 1.0 | 1.0 | 609 | $1,488 | $2.44 | 3d | 2 | 0.06mi |
| 32 Peachtree St NW #1301 Atlanta, GA | 1.0 | 1.0 | 591 | $1,775 | $3.00 | 5d | 1 | 0.07mi |
| 50 Peachtree St NW Atlanta, GA | 1.0 | 1.0 | 817 | $1,422 | $1.74 | 5d | 6 | 0.10mi |
| 250 Martin Luther King Junior Dr SW Atlanta, GA | 3.0 | 1.0–3.0 | 989 | $3,000 | $3.03 | 2d | 78 | 0.41mi |
| 161 Peachtree Center Ave NE Atlanta, GA | 3.0 | 1.0–3.5 | 1474 | $3,029 | $2.05 | 1d | 27 | 0.41mi |
| 133 Trinity Ave SW Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 897 | $1,495 | $1.67 | 7d | 9 | 0.42mi |
| 125 Ted Turner Dr SW Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 887 | $1,723 | $1.94 | 2d | 5 | 0.42mi |
| 99 Centennial Olympic Park Dr Atlanta, GA | 2.0 | 1.0–2.0 | 851 | $1,961 | $2.30 | 24d | 23 | 0.50mi |
| 99 Centennial Olympic Park Dr Atlanta, GA | 2.0 | 1.0–2.0 | 929 | $1,966 | $2.11 | 1d | 15 | 0.50mi |
| 161 Peachtree Center Ave NE Unit 1x1 Atlanta, GA | 1.0 | 1.0 | 621 | $1,601 | $2.58 | 15d | 1 | 0.51mi |
| 171 Auburn Ave NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 1080 | $1,295 | $1.20 | 1d | 34 | 0.54mi |
| 300 Peachtree St NE Atlanta, GA | 1.0 | 1.0 | 629 | $1,925 | $3.06 | 7d | 2 | 0.55mi |
| 300 Peachtree Rd NE Unit 1299414P Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 592 | $2,275 | $3.84 | 3d | 2 | 0.55mi |
| 300 Peachtree St NE Unit 1299363P Atlanta, GA | 1.0 | 1.0 | 527 | $2,680 | $5.09 | 20d | 1 | 0.55mi |
| 300 Peachtree St NE Unit 1299377P Atlanta, GA | 1.0 | 1.0 | 495 | $2,842 | $5.74 | 20d | 1 | 0.55mi |
| 305 Centennial Olympic Park Dr NW Atlanta, GA | 2.0 | 1.0–2.0 | 916 | $2,000 | $2.18 | 1d | 38 | 0.56mi |
| 200 Edgewood Ave NE Atlanta, GA | 2.0 | 1.0–2.0 | 626 | $1,768 | $2.83 | 5d | 1 | 0.56mi |
| 161 Mangum St SW #204 Atlanta, GA | 1.0 | 1.0 | 718 | $1,700 | $2.37 | 16d | 1 | 0.58mi |
| 250 Piedmont Ave NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 1110 | $1,523 | $1.37 | 2d | 20 | 0.67mi |
| 210 Peters St SW Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 1033 | $1,475 | $1.43 | 2d | 21 | 0.69mi |
| 369 Centennial Olympic Park Dr NW Atlanta, GA | 2.0 | 1.0–2.0 | 1007 | $2,132 | $2.12 | 3d | 24 | 0.72mi |
| 400 W Peachtree St NW #2310 Atlanta, GA | 1.0 | 1.0 | 730 | $2,100 | $2.88 | 24d | 1 | 0.74mi |
| 210 Walker St SW #1 Atlanta, GA | 1.0 | 1.0 | 650 | $1,500 | $2.31 | 4d | 1 | 0.76mi |
| 55 Maple St NW Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 862 | $1,410 | $1.63 | 4d | 35 | 0.76mi |
| 230 Martin Luther King Jr Dr SE Atlanta, GA | 3.0 | 1.0–3.0 | 979 | $2,000 | $2.04 | 2d | 21 | 0.77mi |
| 89 Woodward Ave SE Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 1013 | $989 | $0.98 | 1d | 30 | 0.78mi |
| 159 Ralph McGill Blvd NE Atlanta, GA | 1.0 | 1.0 | 517 | $1,412 | $2.73 | 1d | 3 | 0.79mi |
| 120 Ralph McGill Blvd NE #501 Atlanta, GA | 1.0 | 1.0 | 560 | $1,440 | $2.57 | 11d | 1 | 0.79mi |
| 170 Northside Dr SW Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 955 | $1,233 | $1.29 | 1d | 11 | 0.79mi |
| 349 Decatur St SE Atlanta, GA | 2.0 | 1.0–2.0 | 956 | $1,904 | $1.99 | 4d | 18 | 0.80mi |
| 300 Martin Luther King Jr Dr SE Atlanta, GA | — | 1.0 | 595 | $1,420 | $2.39 | 3d | 2 | 0.89mi |
| 450 Piedmont Ave NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 975 | $1,430 | $1.47 | 1d | 12 | 0.93mi |
| 526 Centennial Olympic Park Dr NW Atlanta, GA | 1.0–3.0 | 1.0–2.5 | 970 | $1,216 | $1.25 | 3d | 18 | 0.95mi |
| 502 Pryor St SW #317 Atlanta, GA | 1.0 | 1.0 | 750 | $1,350 | $1.80 | 24d | 1 | 0.95mi |
| 240 Grant St SE Atlanta, GA | 2.0 | 1.0–2.0 | 801 | $1,826 | $2.28 | 2d | 22 | 0.97mi |
| 23 Larkin Pl SW Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 1011 | $1,300 | $1.29 | 1d | 14 | 0.97mi |
| 400 Central Park Pl NE Atlanta, GA | 3.0 | 1.0–2.0 | 1013 | $1,866 | $1.84 | 1d | 19 | 1.00mi |
| 396 Rawson St SW Unit 12 Atlanta, GA | 2.0 | 1.0 | 675 | $2,100 | $3.11 | 4d | 1 | 1.01mi |
| 109 Vine St SW Unit A Atlanta, GA | 2.0 | 1.0 | 750 | $1,150 | $1.53 | 7d | 1 | 1.01mi |
HOA detail condo
- Monthly dues
- $417 · $5,004/yr
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 43 events
-
2026-06-18days on market $125,000 Active 28 DOM
-
2026-06-17days on market $125,000 Active 27 DOM
-
2026-06-16days on market $125,000 Active 26 DOM
-
2026-06-15days on market $125,000 Active 25 DOM
-
2026-06-13days on market $125,000 Active 23 DOM
-
2026-06-13days on market $125,000 Active 22 DOM
-
2026-06-09days on market $125,000 Active 19 DOM
-
2026-06-08days on market $125,000 Active 18 DOM
-
2026-06-07days on market $125,000 Active 17 DOM
-
2026-06-04days on market $125,000 Active 14 DOM
-
2026-06-03days on market $125,000 Active 13 DOM
-
2026-06-02days on market $125,000 Active 12 DOM
-
2026-06-01days on market $125,000 Active 11 DOM
-
2026-05-31days on market $125,000 Active 10 DOM
-
2026-05-22$125,000 Active
-
2026-05-21historical $125,000
Show marketing remark (1583 chars)
Enjoy skyline views of Downtown Atlanta from the 15th floor of this light-filled condo in the heart of Downtown and Five Points! Originally constructed in 1908 as the historic Third National Bank Building, The Metropolitan was thoughtfully reimagined ahead of the 1996 Summer Olympics and today offers residents a true intown lifestyle. Perfectly positioned near Georgia State University, Five Points MARTA, Centennial Olympic Park, Mercedes-Benz Stadium, State Farm Arena, and countless dining and entertainment options, this location places the best of Atlanta right outside your door. This corner studio-style unit is one of the few in the building offering this volume of windows and natural light, creating an open, airy feel throughout the space. The flexible layout provides multiple options for living, dining, work-from-home setups, and storage solutions. The kitchen is larger than many comparable units and features abundant shaker cabinetry, generous countertop space, and excellent functionality. Even the oversized bathroom benefits from natural light, adding to the bright and welcoming feel of the home. Take advantage of the ongoing South Downtown transformation, major investment surrounding the 2026 World Cup, and the opportunity to own just steps from some of Atlanta's most iconic venues and entertainment destinations. With close proximity to Georgia State and its blend of historic architecture and urban character, The Metropolitan continues to be a sought-after option for students, faculty, professionals, and buyers looking to experience true city living.
-
2026-05-21$125,000 New 1583-char remark
Show marketing remark (1583 chars)
Enjoy skyline views of Downtown Atlanta from the 15th floor of this light-filled condo in the heart of Downtown and Five Points! Originally constructed in 1908 as the historic Third National Bank Building, The Metropolitan was thoughtfully reimagined ahead of the 1996 Summer Olympics and today offers residents a true intown lifestyle. Perfectly positioned near Georgia State University, Five Points MARTA, Centennial Olympic Park, Mercedes-Benz Stadium, State Farm Arena, and countless dining and entertainment options, this location places the best of Atlanta right outside your door. This corner studio-style unit is one of the few in the building offering this volume of windows and natural light, creating an open, airy feel throughout the space. The flexible layout provides multiple options for living, dining, work-from-home setups, and storage solutions. The kitchen is larger than many comparable units and features abundant shaker cabinetry, generous countertop space, and excellent functionality. Even the oversized bathroom benefits from natural light, adding to the bright and welcoming feel of the home. Take advantage of the ongoing South Downtown transformation, major investment surrounding the 2026 World Cup, and the opportunity to own just steps from some of Atlanta's most iconic venues and entertainment destinations. With close proximity to Georgia State and its blend of historic architecture and urban character, The Metropolitan continues to be a sought-after option for students, faculty, professionals, and buyers looking to experience true city living.
-
2021-03-26soldstatus $120,000 Sold 890-char remark
Show marketing remark (890 chars)
Beautiful corner unit in the 1910, Metropolitan building with 3 sides of windows, and amazing 15th floor views. Unit has all hardwood floors, tiled bathroom, spacious entry with large storage cabinet, shelf nooks, built-in eating, full U-shape kitchen, ample wood stained & glass front cabinets, stove w/microwave hood, dishwasher and refrigerator.Convenient to Mercedes Benz Stadium, State Farm Arena, Centennial Park, Georgia State University. Perfect for GA. State student, living downtown, weekend getaway for sports and city life from the suburbs and surrounding areas. Full price offer and furnishings with exception of chest of drawers will be included. Just bring your personal belongings. INVESTORS: there is a Cap and a waiting list and NO Air BNB! No on sight parking for bldg. Several parking decks nearby offer space(s) for $80 - $120 a month. Unit will Not disappoint.
-
2021-03-26soldstatus $121,000
Show marketing remark (890 chars)
Beautiful corner unit in the 1910, Metropolitan building with 3 sides of windows, and amazing 15th floor views. Unit has all hardwood floors, tiled bathroom, spacious entry with large storage cabinet, shelf nooks, built-in eating, full U-shape kitchen, ample wood stained & glass front cabinets, stove w/microwave hood, dishwasher and refrigerator.Convenient to Mercedes Benz Stadium, State Farm Arena, Centennial Park, Georgia State University. Perfect for GA. State student, living downtown, weekend getaway for sports and city life from the suburbs and surrounding areas. Full price offer and furnishings with exception of chest of drawers will be included. Just bring your personal belongings. INVESTORS: there is a Cap and a waiting list and NO Air BNB! No on sight parking for bldg. Several parking decks nearby offer space(s) for $80 - $120 a month. Unit will Not disappoint.
-
2021-03-19soldstatus $121,000 Closed
-
2021-02-17status Under Contract 890-char remark
Show marketing remark (890 chars)
Beautiful corner unit in the 1910, Metropolitan building with 3 sides of windows, and amazing 15th floor views. Unit has all hardwood floors, tiled bathroom, spacious entry with large storage cabinet, shelf nooks, built-in eating, full U-shape kitchen, ample wood stained & glass front cabinets, stove w/microwave hood, dishwasher and refrigerator.Convenient to Mercedes Benz Stadium, State Farm Arena, Centennial Park, Georgia State University. Perfect for GA. State student, living downtown, weekend getaway for sports and city life from the suburbs and surrounding areas. Full price offer and furnishings with exception of chest of drawers will be included. Just bring your personal belongings. INVESTORS: there is a Cap and a waiting list and NO Air BNB! No on sight parking for bldg. Several parking decks nearby offer space(s) for $80 - $120 a month. Unit will Not disappoint.
-
2021-02-17status Pending
Show marketing remark (890 chars)
Beautiful corner unit in the 1910, Metropolitan building with 3 sides of windows, and amazing 15th floor views. Unit has all hardwood floors, tiled bathroom, spacious entry with large storage cabinet, shelf nooks, built-in eating, full U-shape kitchen, ample wood stained & glass front cabinets, stove w/microwave hood, dishwasher and refrigerator.Convenient to Mercedes Benz Stadium, State Farm Arena, Centennial Park, Georgia State University. Perfect for GA. State student, living downtown, weekend getaway for sports and city life from the suburbs and surrounding areas. Full price offer and furnishings with exception of chest of drawers will be included. Just bring your personal belongings. INVESTORS: there is a Cap and a waiting list and NO Air BNB! No on sight parking for bldg. Several parking decks nearby offer space(s) for $80 - $120 a month. Unit will Not disappoint.
-
2021-02-11$127,500 Active
Show marketing remark (890 chars)
Beautiful corner unit in the 1910, Metropolitan building with 3 sides of windows, and amazing 15th floor views. Unit has all hardwood floors, tiled bathroom, spacious entry with large storage cabinet, shelf nooks, built-in eating, full U-shape kitchen, ample wood stained & glass front cabinets, stove w/microwave hood, dishwasher and refrigerator.Convenient to Mercedes Benz Stadium, State Farm Arena, Centennial Park, Georgia State University. Perfect for GA. State student, living downtown, weekend getaway for sports and city life from the suburbs and surrounding areas. Full price offer and furnishings with exception of chest of drawers will be included. Just bring your personal belongings. INVESTORS: there is a Cap and a waiting list and NO Air BNB! No on sight parking for bldg. Several parking decks nearby offer space(s) for $80 - $120 a month. Unit will Not disappoint.
-
2021-02-11$127,500 New 890-char remark
Show marketing remark (890 chars)
Beautiful corner unit in the 1910, Metropolitan building with 3 sides of windows, and amazing 15th floor views. Unit has all hardwood floors, tiled bathroom, spacious entry with large storage cabinet, shelf nooks, built-in eating, full U-shape kitchen, ample wood stained & glass front cabinets, stove w/microwave hood, dishwasher and refrigerator.Convenient to Mercedes Benz Stadium, State Farm Arena, Centennial Park, Georgia State University. Perfect for GA. State student, living downtown, weekend getaway for sports and city life from the suburbs and surrounding areas. Full price offer and furnishings with exception of chest of drawers will be included. Just bring your personal belongings. INVESTORS: there is a Cap and a waiting list and NO Air BNB! No on sight parking for bldg. Several parking decks nearby offer space(s) for $80 - $120 a month. Unit will Not disappoint.
-
2021-02-11historical
Show marketing remark (890 chars)
Beautiful corner unit in the 1910, Metropolitan building with 3 sides of windows, and amazing 15th floor views. Unit has all hardwood floors, tiled bathroom, spacious entry with large storage cabinet, shelf nooks, built-in eating, full U-shape kitchen, ample wood stained & glass front cabinets, stove w/microwave hood, dishwasher and refrigerator.Convenient to Mercedes Benz Stadium, State Farm Arena, Centennial Park, Georgia State University. Perfect for GA. State student, living downtown, weekend getaway for sports and city life from the suburbs and surrounding areas. Full price offer and furnishings with exception of chest of drawers will be included. Just bring your personal belongings. INVESTORS: there is a Cap and a waiting list and NO Air BNB! No on sight parking for bldg. Several parking decks nearby offer space(s) for $80 - $120 a month. Unit will Not disappoint.
-
2021-02-09status Back on Market
-
2021-01-14status Under Contract
-
2020-10-08price $127,500
-
2020-07-18price $129,500
-
2020-07-15$229,500 New
-
2016-06-07price $82,000
-
2016-06-03soldstatus $82,000
-
2016-06-01price $82,000
-
2016-05-31price $84,000
-
2016-05-31soldstatus $82,000 Sold
-
2016-05-31soldstatus $82,000 Sold
-
2016-05-20status Under Contract
-
2016-04-12status Under Contract
-
2016-04-12historical Contingent - Due Diligence
-
2016-04-11price $84,000
-
2016-04-01$84,000 New
-
2016-04-01$84,000 Active
-
2006-04-20soldstatus $82,100
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast GA · Resets to sale price
- Current annual tax
- $535 · $45/mo
- Projected year-2 tax
- $1,150 · $96/mo
- Expected delta
- +$615/yr (+$51/mo · 114.8%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 6/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
- Wind 5/10 Major 26% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,263
- − Mortgage interest
- −$7,002
- − Property taxes
- −$535
- − Insurance
- −$625
- − Repairs & maintenance
- −$1,621
- − Management
- −$1,621
- − HOA
- −$5,004
- − Depreciation
- −$3,636
- Taxable income
- $218
- Est. tax owed @ 24.0%
- −$52
- After-tax cash flow
- $1,925/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Atlanta Public Schools
- NCES district ID
- 1300120
- Math proficiency
- 28% ▼ -6.00%
- Reading proficiency
- 35% ▼ -2.00%
- Median HH income
- $48,306
- Composite
- 27.27/100
- National rank
- #7006
- State rank
- #80 of 174 in GA
Livability — Atlanta
- Score
- 83/100
- State rank
- #6
- US rank
- #919
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Atlanta, GA
- County
- Fulton County · 1,094,430 people
- City population
- 629,525
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 6,797
- Rent vs Own
- Severe rent burden
- 603.0
Population outlook (Fulton County) Hauer SSP2
- Today (2025)
- 1,203,707 people
- By 2030
- 1,299,706 · +8.0%
- By 2040
- 1,488,256 · +23.6%
- By 2050
- 1,664,580 · +38.3%
- By 2075
- 2,036,072 · +69.2%
- By 2100
- 2,222,402 · +84.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.64)
- Race & ethnicity
- Black 52% White 29% Asian 9% Hispanic / Latino 8% Two or more races 5%
- Hispanic origin (detail)
- Common ancestry
- Lithuanian 3% Serbian 2% Slovak 1%
- Foreign-born
- 9% · Canada, China, Guatemala
- Languages at home
- 85% English-only · Spanish 4% Other Indo-European 4% Other Asian/Pacific 3%
Political lean MEDSL · Fulton
- 2024 margin
- Solid D (+44.9) · D 71.9% · R 27.0% · Other 1.1%
- 2008→2024 swing
- +9.8pp toward D · 2008: 35.0pp · 2024: 44.9pp
- All cycles
- 2024: D+44.9 2020: D+46.4 2016: D+42.1 2012: D+29.6 2008: D+35.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -2.54%
- Current HPI
- 125.7242
- Rent YoY
- ▲ 3.59%
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- State GDP YoY
- ▲ 2.66%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in GA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Paper / Packaging | 2 | $29B |
|
||
| Retail | 1 | $160B |
|
||
| Transportation / Logistics | 1 | $91B |
|
||
| Airlines | 1 | $62B |
|
||
| Consumer Goods | 1 | $47B |
|
||
| Utilities | 1 | $25B |
|
||
Price history
+52.3% since first listed29 events — show timeline
- 2026-05-22 Listed $125,000 FMLS
- 2026-05-21 Coming Soon $125,000 FMLS
- 2026-05-21 Listed $125,000 GAMLS
- 2021-03-26 Sold (Public Records) $121,000 Public Records
- 2021-03-26 Sold (MLS) $120,000 GAMLS
- 2021-03-19 Sold (MLS) $121,000 FMLS
- 2021-02-17 Pending — GAMLS
- 2021-02-17 Pending — FMLS
- 2021-02-11 Listing Removed — GAMLS
- 2021-02-11 Listed $127,500 GAMLS
- 2021-02-11 Listed $127,500 FMLS
- 2021-02-09 Relisted — GAMLS
- 2021-01-14 Pending — GAMLS
- 2020-10-08 Price Changed $127,500 GAMLS
- 2020-07-18 Price Changed $129,500 GAMLS
- 2020-07-15 Listed $229,500 GAMLS
- 2016-06-07 Price Changed $82,000 FMLS
- 2016-06-03 Sold (Public Records) $82,000 Public Records
- 2016-06-01 Price Changed $82,000 GAMLS
- 2016-05-31 Sold (MLS) $82,000 GAMLS
- 2016-05-31 Sold (MLS) $82,000 FMLS
- 2016-05-31 Price Changed $84,000 FMLS
- 2016-05-20 Pending — GAMLS
- 2016-04-12 Pending — GAMLS
- 2016-04-12 Contingent — FMLS
- 2016-04-11 Price Changed $84,000 GAMLS
- 2016-04-01 Listed $84,000 GAMLS
- 2016-04-01 Listed $84,000 FMLS
- 2006-04-20 Sold (Public Records) $82,100 Public Records
Property tax history
+4.1%/yrLatest (2025): $535 · -3.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…