2647 Butner Rd SW · Atlanta, GA 30331

$175,000

3 bd · 1.5 ba · 984 sqft · SingleFamily public records · 13 Days on market

Built 1958 0.52 ac lot $178/sqft · 12% below area Est $199k · 12% under

---

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 +20.2/30.0
• ARV discount +12.9/15.0
• DSCR +6.4/10.0
• 1% rule +5.0/10.0
• Livability +4.2/5.0
• Rent growth +3.2/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

Key facts

• 4 sided brick ranch
• New cabinetry
• 0.52 acre lot

Tags

• 4 SIDED BRICK RANCH
• NEW STAINLESS STEEL APPLIANCES
• NEW CABINETRY
• ELEGANT QUARTZ COUNTERTOPS
• EASY ACCESS TO MAJOR HIGHWAYS
• LOCAL AMENITIES NEARBY

Property features AI

Finance

• Other: Directions: GPS
• HOA & community: Association fee paid annually

Exterior

• Parking: Carport (1 space)
• Utilities: Public water; Septic sewer; 220-volt electric service; Cable available; Electricity available
• Home design: One-level home; Brick on all four sides; Shingle roof; Concrete perimeter foundation; Resale property
• Construction: Brick 4-sided construction; Shingle roof; Concrete perimeter foundation; Built as a single-story
• Exterior features: Other exterior features; Chain link fencing; Asphalt road frontage on a city street

Interior

• Kitchen: Electric range; Refrigerator; Kitchen laundry area
• Bedrooms: Three main-level bedrooms
• Flooring: Luxury vinyl flooring
• Bathrooms: One full bathroom; One half bathroom; One main-level full bathroom; One main-level half bathroom; Master bathroom has no special features listed
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Other interior features; No common walls
• Laundry & utility: Laundry located in the kitchen

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $220 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $174k (0.4% below list).
• Recommended offer: $174k (0.4% below list) — sets the bar for 1% rule.
• Cap rate 7.8% 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: Deerwood Academy (math 8% / reading 17%, grade F, #1,032 of 1,228 statewide, top 85%, 512 students, 100% FRL); Ralph Bunche Middle School (math 2% / reading 12%, grade F, #449 of 470 statewide, top 97%, 824 students, 100% FRL); D. M. Therrell High School (math 5% / reading 10%, grade F, #378 of 424 statewide, top 91%, 973 students, 100% FRL) — zoned schools average 100% FRL vs 71% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 9% at this address vs 32% district-wide (-22 pts) — the specific schools serving this property underperform the Atlanta Public Schools average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+2.6%/yr); 483 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 8d 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 (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 2y 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.
• Current owner paid $95k; list at $175k implies a 84% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; extreme-heat days projected 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $174,250 (0.4% below list)

Questions for the listing agent

1. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.00% ✗
• Cap rate: 7.80%
• Cash-on-cash: 5.38%
• DSCR: 1.24
• GRM: 8.4

CMA / ARV

• ARV (median comp): $199,004
• List price: $175,000
• Delta: -9.60%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2647 Butner Rd SW	0.00mi	3/1.5	984 (0%)	15mo	$95,000	$97	88
2729 Pinella Dr SW	0.22mi	3/1.5	1,056 (+7%)	13mo	$199,000	$188	66
2580 County Line Rd SW	0.18mi	3/1.0	1,064 (+8%)	16mo	$199,000	$187	63
2347 Fairway Cir SW	0.48mi	4/2.0 (+1)	950 (-4%)	3mo	$181,000	$191	62
4442 Creek Valley Ct SW	0.55mi	3/1.5	1,058 (+8%)	6mo	$127,000	$120	57
2456 Colorado Trl SW	0.61mi	4/2.0 (+1)	986 (+0%)	10mo	$219,900	$223	56
2454 Fairway Cir SW	0.42mi	3/1.5	1,086 (+10%)	10mo	$175,000	$161	55
4503 Rio Grande Rd SW	0.68mi	3/2.0	1,075 (+9%)	2mo	$194,000	$180	50
4369 Kimball Rd SW	0.54mi	3/1.5	1,125 (+14%)	8mo	$215,000	$191	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.63% rent growth · sell at horizon

5-year hold

• IRR: -8.4%
• Equity multiple: 0.69×
• Total profit: $-15,016
• Equity at exit: $26,093

10-year hold

• IRR: 0.7%
• Equity multiple: 1.05×
• Total profit: $2,286
• Equity at exit: $15,131

Cash invested: $49,000 (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.

Methodology + full state rankings →

ZIP-level market 30331

• Home prices YoY: -34.2%
• Rents YoY: 2.6%
• Active inventory: 483
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,742 high
• Mortgage (P&I): −$918
• Tax from tax record: −$166 /mo · $1,995/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$366
• Net cashflow: $220

Break-even live

Break-even rent $1,464

Max offer price $175,000

Occupancy floor 82%

Sensitivity live

Price	-10% $319	-5% $269	+0% $220	+5% $170	+10% $121
Rent	-10% $82	-5% $151	+0% $220	+5% $289	+10% $357
Rate	-1.0pp $308	-0.5pp $264	base $220	+0.5pp $174	+1.0pp $128

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4545 Sahara Dr SW Atlanta, GA	3.0	2.0	1075	$1,665	$1.55	5d	1	0.27mi
4687 Camp Creek Pkwy SW Atlanta, GA	1.0–3.0	1.0–2.0	1235	$1,958	$1.59	1d	18	1.10mi
2111 Kimberly Rd SW Atlanta, GA	2.0	1.0	996	$1,600	$1.61	8d	1	1.23mi
2100 Southwood Blvd SW Atlanta, GA	1.0–2.0	1.0–2.0	942	$1,537	$1.63	1d	15	1.39mi
3901 Campbellton Rd SW Unit 3909-K01 Atlanta, GA	2.0	1.5	1093	$1,199	$1.10	24d	1	1.46mi
3901 Campbellton Rd SW Unit 3909-M06 Atlanta, GA	2.0	1.5	1093	$1,150	$1.05	24d	1	1.46mi
3901 Campbellton Rd SW Unit 3901-L04 Atlanta, GA	2.0	1.5	1093	$1,140	$1.04	24d	1	1.46mi

Listing history 25 events

1. 2026-06-18
   days on market $175,000 Active 13 DOM
2. 2026-06-17
   days on market $175,000 Active 12 DOM
3. 2026-06-16
   days on market $175,000 Active 11 DOM
4. 2026-06-15
   days on market $175,000 Active 10 DOM
5. 2026-06-13
   days on market $175,000 Active 8 DOM
6. 2026-06-13
   days on market $175,000 Active 7 DOM
7. 2026-06-10
   price $175,000 Active 4 DOM
8. 2026-06-09
   days on market $177,900 Active 4 DOM
9. 2026-06-08
   days on market $177,900 Active 3 DOM
10. 2026-06-07
    pricedays on marketlisting id $177,900 Active 2 DOM
11. 2026-05-15
    price $179,900 603-char remark
12. 2026-04-29
    listed $189,900 Active 603-char remark
13. 2025-03-21
    soldstatus $95,000 Closed 1464-char remark

    Show marketing remark (1464 chars)

    Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

14. 2025-03-21
    soldstatus $95,000 Sold

    Show marketing remark (1464 chars)

    Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

15. 2025-03-21
    soldstatus $95,000

    Show marketing remark (1464 chars)

    Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

16. 2025-01-28
    status Under Contract

    Show marketing remark (1464 chars)

    Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

17. 2025-01-28
    status Pending 1464-char remark

    Show marketing remark (1464 chars)

    Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

18. 2025-01-08
    price $94,900

    Show marketing remark (1464 chars)

    Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

19. 2025-01-08
    price $94,900 1464-char remark

    Show marketing remark (1464 chars)

    Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

20. 2024-12-27
    status Active 1464-char remark

    Show marketing remark (1464 chars)

    Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

21. 2024-12-27
    status Back On Market

    Show marketing remark (1464 chars)

    Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

22. 2024-12-27
    status Under Contract

    Show marketing remark (1464 chars)

    Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

23. 2024-12-27
    status Pending 1464-char remark

    Show marketing remark (1464 chars)

    Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

24. 2024-12-10
    listed $99,900 Active 1464-char remark

    Show marketing remark (1464 chars)

    Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

25. 2024-12-10
    listed $99,900 New

    Show marketing remark (1464 chars)

    Fixer-Upper Opportunity in Atlanta! 2647 Butner Rd, Atlanta, GA This 3-bedroom, 1.5-bath brick ranch home is a perfect investment for a flip! With plenty of potential, it needs a full rehab, including updates to the roof, water heater, and foundation. The interior is ready for a makeover, offering a blank canvas for your design vision. The half bath is currently inaccessible due to furniture blocking the door. No HVAC system in place. Don't miss out on this diamond in the rough in a growing neighborhood! Contact us today for more details.The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/05/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!

ⓘ 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: $1,995 · $166/mo
• Projected year-2 tax: $1,995 · $166/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 2/10 Low
• 🌡 Heat 5/10 Major 6 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,910
• − Mortgage interest: −$9,803
• − Property taxes: −$1,995
• − Insurance: −$875
• − Repairs & maintenance: −$1,673
• − Management: −$1,673
• − Depreciation: −$5,091
• Taxable loss: −$199
• Est. tax savings @ 24.0%: +$48
• After-tax cash flow: $2,684/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): 62,567
• Household income: $62,623
• Rent vs Own: 46.8% rent · 53.2% own
• Severe rent burden: 3748.0

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: Predominantly Black (94%)
• Race & ethnicity: Black 94% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Hispanic 1%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 1% French/Haitian/Cajun 1%

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: ▼ -106.38%
• Current HPI: 204.5402
• Rent YoY: ▲ 2.63%
• 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

+75.2% since first listed

18 events — show timeline

• 2026-06-09 Price Changed $175,000 FMLS
• 2026-06-05 Listed $177,900 FMLS
• 2026-05-29 Listing Removed — FMLS
• 2026-05-15 Price Changed $179,900 FMLS
• 2026-04-29 Listed $189,900 FMLS
• 2025-03-21 Sold (Public Records) $95,000 Public Records
• 2025-03-21 Sold (MLS) $95,000 FMLS
• 2025-03-21 Sold (MLS) $95,000 GAMLS
• 2025-01-28 Pending — GAMLS
• 2025-01-28 Pending — FMLS
• 2025-01-08 Price Changed $94,900 GAMLS
• 2025-01-08 Price Changed $94,900 FMLS
• 2024-12-27 Relisted — FMLS
• 2024-12-27 Relisted — GAMLS
• 2024-12-27 Pending — GAMLS
• 2024-12-27 Pending — FMLS
• 2024-12-10 Listed $99,900 FMLS
• 2024-12-10 Listed $99,900 GAMLS

Property tax history

+27.8%/yr

Latest (2025): $1,995 · -9.4% YoY. Source: county tax records.