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20 Marietta St NW Unit 15E
C Composite 59.53
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

20 Marietta St NW Unit 15E · Atlanta, GA 30303
1 bd · 1.0 ba · 590 sqft · Condo public records · 28 Days on market
Built 1995 $417/mo HOA · 25% of rent

🖨 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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $123,125 (1.5% below list)

Questions for the listing agent

  1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  2. 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?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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.
  5. 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.
  6. 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

5-year hold
IRR
-4.5%
Equity multiple
0.82×
Total profit
$-6,132
Equity at exit
$21,201
10-year hold
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
Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

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

Break-even rent $1,480
Max offer price $125,000
Occupancy floor 85%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-18
    days on market $125,000 Active 28 DOM
  2. 2026-06-17
    days on market $125,000 Active 27 DOM
  3. 2026-06-16
    days on market $125,000 Active 26 DOM
  4. 2026-06-15
    days on market $125,000 Active 25 DOM
  5. 2026-06-13
    days on market $125,000 Active 23 DOM
  6. 2026-06-13
    days on market $125,000 Active 22 DOM
  7. 2026-06-09
    days on market $125,000 Active 19 DOM
  8. 2026-06-08
    days on market $125,000 Active 18 DOM
  9. 2026-06-07
    days on market $125,000 Active 17 DOM
  10. 2026-06-04
    days on market $125,000 Active 14 DOM
  11. 2026-06-03
    days on market $125,000 Active 13 DOM
  12. 2026-06-02
    days on market $125,000 Active 12 DOM
  13. 2026-06-01
    days on market $125,000 Active 11 DOM
  14. 2026-05-31
    days on market $125,000 Active 10 DOM
  15. 2026-05-22
    listed $125,000 Active
  16. 2026-05-21
    historical $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.

  17. 2026-05-21
    listed $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.

  18. 2021-03-26
    soldstatus $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.

  19. 2021-03-26
    soldstatus $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.

  20. 2021-03-19
    soldstatus $121,000 Closed
  21. 2021-02-17
    status 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.

  22. 2021-02-17
    status 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.

  23. 2021-02-11
    listed $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.

  24. 2021-02-11
    listed $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.

  25. 2021-02-11
    historical
    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.

  26. 2021-02-09
    status Back on Market
  27. 2021-01-14
    status Under Contract
  28. 2020-10-08
    price $127,500
  29. 2020-07-18
    price $129,500
  30. 2020-07-15
    listed $229,500 New
  31. 2016-06-07
    price $82,000
  32. 2016-06-03
    soldstatus $82,000
  33. 2016-06-01
    price $82,000
  34. 2016-05-31
    price $84,000
  35. 2016-05-31
    soldstatus $82,000 Sold
  36. 2016-05-31
    soldstatus $82,000 Sold
  37. 2016-05-20
    status Under Contract
  38. 2016-04-12
    status Under Contract
  39. 2016-04-12
    historical Contingent - Due Diligence
  40. 2016-04-11
    price $84,000
  41. 2016-04-01
    listed $84,000 New
  42. 2016-04-01
    listed $84,000 Active
  43. 2006-04-20
    soldstatus $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

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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
combined federal + state — saved on this device
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

Amenities A+ Commute A+ Cost of living C- Crime A Employment B Housing A+ Health & safety A- User ratings D+

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
82.0% rent · 18.0% 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

Price history

+52.3% since first listed
29 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%/yr

Latest (2025): $535 · -3.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…