1245 Caroline St NE #220 · Atlanta, GA 30307

$269,000

1 bd · 1.5 ba · 960 sqft · Townhouse public records · 218 Days on market

Built 2006 $280/sqft · 17% below area Est $325k · 17% under $364/mo HOA · 16% of rent

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Why this score? — see what drove the D- 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).

• ARV discount +15.0/15.0
• Cash flow +6.9/30.0
• Livability +4.2/5.0
• 1% rule +3.6/10.0
• Rent growth +2.9/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• DSCR +1.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Stylish City living at Caroline Street Lofts in Edgewood Shopping district! The great room boasts soaring 2 story ceilings and is beaming with tons of natural light from the 2 story wall of windows. The loft bedroom has a second floor view of the great room and is also bathed in natural light. Located in the second building off Moreland, you'll enjoy quieter time at home. You'll love the sky views from the northern facing windows. The Kitchen comes equipped with granite counters, new s/s appliances, and breakfast bar. Gleaming hardwood floors throughout have just been refinished. Walk up the impressive floating stairs to the large loft master with walk in closet. Spacious bath includes separate shower and tub. The assigned parking space is conveniently located just two spaces from the entrance door. There is also a storage unit down the hall - with ample space for seasonal items. Caroline Street Lofts are part of the Edgewood Retail District with multiple shops and restaurants, including Kroger, Target, Lowes, Best Buy, TJ Maxx, Five Guys, Wily's and more - SO convenient! The location is walkable to neighborhood districts including Inman Park, Candler Park, and Little 5 Points. AND! Inman Park MARTA station is a short 10 minute walk! Convenient to Airport/I-20 as well!

Key facts

• Natural light
• 2 story ceilings
• Loft bedroom

Tags

• 2 STORY CEILINGS
• NATURAL LIGHT
• LOFT BEDROOM
• GRANITE COUNTERS
• NEW S S APPLIANCES
• BREAKFAST BAR

What this means for you Summary

Snapshot

• This is a 1-bed/1.5-bath townhouse listed at $269k.

Deal economics

• At list price, monthly cash flow is $-404 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $211k (21.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $230k (14.4% below list).
• Recommended offer: $211k (21.7% below list) — sets the bar for cash-flow.
• Cap rate 4.5% 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: schools C-, 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.
• Market conditions: Rents rising (+1.8%/yr); 170 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• DeKalb County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 218 days — a 12% lower offer ($237k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 15y ago; this cycle's ask has dropped $31k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $165k; list at $269k implies a 63% gain — meaningful room to come down on a strong offer.

Recommended offer $210,554 (21.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 218 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.86% ✗
• Cap rate: 4.49%
• Cash-on-cash: -6.44%
• DSCR: 0.71
• GRM: 9.7

CMA / ARV

• ARV (median comp): $324,768
• List price: $269,000
• Delta: -17.17%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1261 Caroline St NE #206	0.09mi	1/1.5	1,072 (+12%)	2mo	$312,000	$291	74
1258 Dekalb Ave NE #141	0.27mi	1/1.0	928 (-3%)	9mo	$318,000	$343	72
32 Becker Pl NW	0.26mi	1/1.0	870 (-9%)	2mo	$322,500	$371	68
964 Dekalb Ave NE #103	0.49mi	1/1.5	874 (-9%)	4mo	$370,000	$423	59
22 Moda Ln	0.46mi	2/2.0 (+1)	1,000 (+4%)	11mo	$385,000	$385	56
120 Beardon Cir SE #2	0.72mi	2/2.0 (+1)	971 (+1%)	8mo	$437,000	$450	51
245 N Highland Ave NE #220	0.72mi	1/1.0	930 (-3%)	10mo	$464,000	$499	51
964 Dekalb Ave NE #112	0.49mi	2/2.0 (+1)	880 (-8%)	11mo	$325,000	$369	47
921 Hughley Cir SE #66	0.73mi	2/2.0 (+1)	1,025 (+7%)	3mo	$499,900	$488	46
410 Candler Park Dr NE Unit A-5	0.67mi	1/1.0	840 (-12%)	1mo	$245,000	$292	45
410 Candler Park Dr NE Unit C8	0.68mi	1/1.0	840 (-12%)	2mo	$250,000	$298	44
410 Candler Park Dr NE Unit H-7	0.68mi	2/1.0 (+1)	840 (-12%)	1mo	$275,000	$327	40

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 · 1.79% rent growth · sell at horizon

5-year hold

• IRR: -28.9%
• Equity multiple: 0.05×
• Total profit: $-71,826
• Equity at exit: $40,109

10-year hold

• IRR: -35.5%
• Equity multiple: -0.40×
• Total profit: $-105,713
• Equity at exit: $23,258

Cash invested: $75,320 (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 30307

• Rents YoY: 1.8%
• Active inventory: 170
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $2,303 high
• Mortgage (P&I): −$1,411
• Tax est. 1.5%: −$336 /mo · $4,035/yr
• Insurance: −$112
• HOA: −$364
• Vacancy / Maint / Mgmt: −$484
• Net cashflow: $-404

Break-even live

Break-even rent $2,814

Max offer price $210,554

Occupancy floor —

Sensitivity live

Price	-10% $-218	-5% $-311	+0% $-404	+5% $-497	+10% $-590
Rent	-10% $-586	-5% $-495	+0% $-404	+5% $-313	+10% $-222
Rate	-1.0pp $-268	-0.5pp $-335	base $-404	+0.5pp $-474	+1.0pp $-545

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: $67,250
• Closing costs: $8,070
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
144 Moreland Ave NE Atlanta, GA	2.0	1.0–2.0	895	$1,932	$2.16	2d	18	0.13mi
1065 Seaboard Ave NE Atlanta, GA	2.0	1.0	780	$1,095	$1.40	25d	1	0.24mi
1125 Hardee St NE Unit A Atlanta, GA	2.0	2.0	1000	$5,000	$5.00	25d	1	0.25mi
1300 DeKalb Ave NE #711 Atlanta, GA	1.0	1.0	1031	$2,500	$2.42	2d	1	0.29mi
1300 DeKalb Ave NE Atlanta, GA	1.0	1.0	774	$2,250	$2.91	25d	1	0.29mi
1351 Finley St NE Atlanta, GA	2.0	2.0	750	$2,150	$2.87	25d	1	0.30mi
1085 Hardee St NE Unit A Atlanta, GA	2.0	2.0	1026	$4,700	$4.58	21d	1	0.30mi
933 Euclid Ave NE Atlanta, GA	1.0	1.0	775	$1,525	$1.97	8d	3	0.44mi
1054 Euclid Ave NE Unit CH Atlanta, GA	1.0	1.0	650	$3,200	$4.92	22d	1	0.45mi
1031 Austin Ave NE Unit 2 Atlanta, GA	2.0	1.0	925	$3,900	$4.22	21d	1	0.45mi
1031 Austin Ave NE Unit 1 Atlanta, GA	2.0	1.0	877	$3,700	$4.22	21d	1	0.45mi
1450 La France St NE Atlanta, GA	3.0	1.0–2.0	782	$1,854	$2.37	4d	22	0.45mi
48 Moda Ln Atlanta, GA	2.0	2.0	1000	$2,600	$2.60	3d	1	0.47mi
1065 Washita Ave NE Unit B Atlanta, GA	2.0	1.0	750	$3,200	$4.27	22d	1	0.48mi
347 Sinclair Ave NE Atlanta, GA	2.0	1.0	800	$4,600	$5.75	22d	1	0.51mi
352 Sinclair Ave NE Atlanta, GA	1.0	1.0	650	$4,300	$6.62	25d	1	0.54mi
1338 McLendon Ave NE Unit 11 Atlanta, GA	1.0	1.0	650	$1,325	$2.04	15d	1	0.55mi
117 Mayson Ave NE Unit G Atlanta, GA	2.0	2.0	1000	$1,850	$1.85	13d	1	0.56mi
117 Mayson Ave NE Unit G Atlanta, GA	2.0	2.0	1000	$1,795	$1.79	2d	1	0.56mi
117 Mayson Ave NE Atlanta, GA	2.0	2.0	1000	$1,850	$1.85	14d	1	0.56mi
123 Mayson Ave NE Atlanta, GA	2.0	2.0	1000	$1,995	$2.00	14d	1	0.56mi
123 Mayson Ave NE Apt E Atlanta, GA	2.0	2.0	1000	$1,995	$2.00	20d	1	0.56mi
123 Mayson Ave NE Apt E Atlanta, GA	2.0	2.0	1000	$1,995	$2.00	21d	1	0.56mi
285 Mayson Ave NE Atlanta, GA	2.0	1.0–2.0	943	$2,454	$2.60	2d	25	0.60mi
1063 Kirkwood Ave SE Atlanta, GA	2.0	1.0	600	$1,700	$2.83	25d	1	0.61mi
418 Sinclair Ave NE Atlanta, GA	2.0	1.0	775	$3,700	$4.77	21d	1	0.61mi
443 N Highland Ave NE Unit 443-4 Atlanta, GA	1.0	1.0	850	$1,725	$2.03	12d	1	0.63mi
443 N Highland Ave NE Unit 447-19 Atlanta, GA	1.0	1.0	900	$1,750	$1.94	15d	1	0.63mi
1187 Mansfield Ave NE Unit 4 Atlanta, GA	1.0	1.0	800	$2,700	$3.38	21d	1	0.67mi
299 N Highland Ave NE Atlanta, GA	1.0	1.0	856	$2,385	$2.79	25d	1	0.67mi
1008 Albion Ave NE Atlanta, GA	2.0	2.0	750	$9,200	$12.27	19d	1	0.69mi
44 Delta Pl NE Unit 11 Atlanta, GA	2.0	1.0	900	$1,425	$1.58	25d	1	0.70mi
324 Carlyle Park Dr NE Atlanta, GA	2.0	2.0	1052	$2,450	$2.33	17d	1	0.71mi
245 N Highland Ave NE Atlanta, GA	1.0	1.0	795	$3,250	$4.09	25d	2	0.72mi
469 Oakdale Rd NE Atlanta, GA	2.0	1.0	850	$1,685	$1.98	2d	3	0.73mi
240 N Highland Ave NE Atlanta, GA	1.0	1.0	854	$1,979	$2.32	25d	1	0.76mi
240 N Highland Ave NE Atlanta, GA	—	1.0	688	$1,719	$2.50	22d	1	0.76mi
940 Mauldin St SE Atlanta, GA	2.0	2.0	750	$2,600	$3.47	20d	1	0.76mi
940 Mauldin St SE Atlanta, GA	1.0	1.0	550	$1,795	$3.26	25d	1	0.76mi
794 Dixie Ave NE Atlanta, GA	2.0	1.0	750	$1,720	$2.29	25d	2	0.80mi

HOA detail

• Monthly dues: $364 · $4,368/yr
• Likely covers: parking

Listing history 39 events

1. 2026-06-18
   days on market $269,000 Active 218 DOM
2. 2026-06-17
   days on market $269,000 Active 217 DOM
3. 2026-06-16
   days on market $269,000 Active 216 DOM
4. 2026-06-15
   days on market $269,000 Active 215 DOM
5. 2026-06-13
   days on market $269,000 Active 213 DOM
6. 2026-06-13
   days on market $269,000 Active 212 DOM
7. 2026-06-09
   days on market $269,000 Active 209 DOM
8. 2026-06-08
   days on market $269,000 Active 208 DOM
9. 2026-06-07
   days on market $269,000 Active 207 DOM
10. 2026-06-04
    pricedays on market $269,000 Active 204 DOM
11. 2026-06-03
    days on market $275,000 Active 203 DOM
12. 2026-06-02
    days on market $275,000 Active 202 DOM
13. 2026-06-01
    days on market $275,000 Active 201 DOM
14. 2026-05-31
    days on market $275,000 Active 200 DOM
15. 2026-04-15
    price $275,000 1289-char remark

    Show marketing remark (1542 chars)

    Experience elevated city living at Caroline Street Lofts in the heart of the Edgewood Retail District — where walkability, convenience, and modern style come together. Inside, soaring two-story ceilings and a dramatic wall of windows flood the great room with natural light, creating an airy, open feel. Northern-facing exposures offer soft, consistent light and peaceful sky views, while the unit’s position in the second building off Moreland provides a quieter, more private setting. The kitchen blends function and style with granite countertops, new stainless steel appliances, and a breakfast bar that opens seamlessly to the living space — ideal for both everyday living and casual entertaining. Upstairs, the loft-style primary suite delivers the best of both worlds: an open, architectural feel with a sense of privacy, perched above the living area. A walk-in closet and spacious bath with separate shower and tub add comfort to the design-forward layout. Freshly refinished hardwood floors run throughout, and thoughtful touches like a nearby assigned parking space and dedicated storage unit make life easy. Brand new kitchen appliances and hot water heater provide for peace of mind and maintenance free living! Step outside and you’re moments from it all — shopping, dining, and daily essentials right at your doorstep, with Inman Park, Candler Park, Little Five Points, and MARTA just a short walk away. Stylish, connected, and effortlessly livable — this is intown loft living done right.

16. 2026-04-15
    price $275,000 1542-char remark

    Show marketing remark (1542 chars)

    Experience elevated city living at Caroline Street Lofts in the heart of the Edgewood Retail District — where walkability, convenience, and modern style come together. Inside, soaring two-story ceilings and a dramatic wall of windows flood the great room with natural light, creating an airy, open feel. Northern-facing exposures offer soft, consistent light and peaceful sky views, while the unit’s position in the second building off Moreland provides a quieter, more private setting. The kitchen blends function and style with granite countertops, new stainless steel appliances, and a breakfast bar that opens seamlessly to the living space — ideal for both everyday living and casual entertaining. Upstairs, the loft-style primary suite delivers the best of both worlds: an open, architectural feel with a sense of privacy, perched above the living area. A walk-in closet and spacious bath with separate shower and tub add comfort to the design-forward layout. Freshly refinished hardwood floors run throughout, and thoughtful touches like a nearby assigned parking space and dedicated storage unit make life easy. Brand new kitchen appliances and hot water heater provide for peace of mind and maintenance free living! Step outside and you’re moments from it all — shopping, dining, and daily essentials right at your doorstep, with Inman Park, Candler Park, Little Five Points, and MARTA just a short walk away. Stylish, connected, and effortlessly livable — this is intown loft living done right.

17. 2026-03-07
    price $289,000 1289-char remark

    Show marketing remark (1542 chars)

    Experience elevated city living at Caroline Street Lofts in the heart of the Edgewood Retail District — where walkability, convenience, and modern style come together. Inside, soaring two-story ceilings and a dramatic wall of windows flood the great room with natural light, creating an airy, open feel. Northern-facing exposures offer soft, consistent light and peaceful sky views, while the unit’s position in the second building off Moreland provides a quieter, more private setting. The kitchen blends function and style with granite countertops, new stainless steel appliances, and a breakfast bar that opens seamlessly to the living space — ideal for both everyday living and casual entertaining. Upstairs, the loft-style primary suite delivers the best of both worlds: an open, architectural feel with a sense of privacy, perched above the living area. A walk-in closet and spacious bath with separate shower and tub add comfort to the design-forward layout. Freshly refinished hardwood floors run throughout, and thoughtful touches like a nearby assigned parking space and dedicated storage unit make life easy. Brand new kitchen appliances and hot water heater provide for peace of mind and maintenance free living! Step outside and you’re moments from it all — shopping, dining, and daily essentials right at your doorstep, with Inman Park, Candler Park, Little Five Points, and MARTA just a short walk away. Stylish, connected, and effortlessly livable — this is intown loft living done right.

18. 2026-03-07
    price $289,000 1542-char remark

    Show marketing remark (1542 chars)

    Experience elevated city living at Caroline Street Lofts in the heart of the Edgewood Retail District — where walkability, convenience, and modern style come together. Inside, soaring two-story ceilings and a dramatic wall of windows flood the great room with natural light, creating an airy, open feel. Northern-facing exposures offer soft, consistent light and peaceful sky views, while the unit’s position in the second building off Moreland provides a quieter, more private setting. The kitchen blends function and style with granite countertops, new stainless steel appliances, and a breakfast bar that opens seamlessly to the living space — ideal for both everyday living and casual entertaining. Upstairs, the loft-style primary suite delivers the best of both worlds: an open, architectural feel with a sense of privacy, perched above the living area. A walk-in closet and spacious bath with separate shower and tub add comfort to the design-forward layout. Freshly refinished hardwood floors run throughout, and thoughtful touches like a nearby assigned parking space and dedicated storage unit make life easy. Brand new kitchen appliances and hot water heater provide for peace of mind and maintenance free living! Step outside and you’re moments from it all — shopping, dining, and daily essentials right at your doorstep, with Inman Park, Candler Park, Little Five Points, and MARTA just a short walk away. Stylish, connected, and effortlessly livable — this is intown loft living done right.

19. 2026-02-09
    price $295,000 1289-char remark

    Show marketing remark (1542 chars)

    Experience elevated city living at Caroline Street Lofts in the heart of the Edgewood Retail District — where walkability, convenience, and modern style come together. Inside, soaring two-story ceilings and a dramatic wall of windows flood the great room with natural light, creating an airy, open feel. Northern-facing exposures offer soft, consistent light and peaceful sky views, while the unit’s position in the second building off Moreland provides a quieter, more private setting. The kitchen blends function and style with granite countertops, new stainless steel appliances, and a breakfast bar that opens seamlessly to the living space — ideal for both everyday living and casual entertaining. Upstairs, the loft-style primary suite delivers the best of both worlds: an open, architectural feel with a sense of privacy, perched above the living area. A walk-in closet and spacious bath with separate shower and tub add comfort to the design-forward layout. Freshly refinished hardwood floors run throughout, and thoughtful touches like a nearby assigned parking space and dedicated storage unit make life easy. Brand new kitchen appliances and hot water heater provide for peace of mind and maintenance free living! Step outside and you’re moments from it all — shopping, dining, and daily essentials right at your doorstep, with Inman Park, Candler Park, Little Five Points, and MARTA just a short walk away. Stylish, connected, and effortlessly livable — this is intown loft living done right.

20. 2026-02-09
    price $295,000 1542-char remark

    Show marketing remark (1542 chars)

    Experience elevated city living at Caroline Street Lofts in the heart of the Edgewood Retail District — where walkability, convenience, and modern style come together. Inside, soaring two-story ceilings and a dramatic wall of windows flood the great room with natural light, creating an airy, open feel. Northern-facing exposures offer soft, consistent light and peaceful sky views, while the unit’s position in the second building off Moreland provides a quieter, more private setting. The kitchen blends function and style with granite countertops, new stainless steel appliances, and a breakfast bar that opens seamlessly to the living space — ideal for both everyday living and casual entertaining. Upstairs, the loft-style primary suite delivers the best of both worlds: an open, architectural feel with a sense of privacy, perched above the living area. A walk-in closet and spacious bath with separate shower and tub add comfort to the design-forward layout. Freshly refinished hardwood floors run throughout, and thoughtful touches like a nearby assigned parking space and dedicated storage unit make life easy. Brand new kitchen appliances and hot water heater provide for peace of mind and maintenance free living! Step outside and you’re moments from it all — shopping, dining, and daily essentials right at your doorstep, with Inman Park, Candler Park, Little Five Points, and MARTA just a short walk away. Stylish, connected, and effortlessly livable — this is intown loft living done right.

21. 2025-11-12
    listed $300,000 New 1289-char remark

    Show marketing remark (1542 chars)

    Experience elevated city living at Caroline Street Lofts in the heart of the Edgewood Retail District — where walkability, convenience, and modern style come together. Inside, soaring two-story ceilings and a dramatic wall of windows flood the great room with natural light, creating an airy, open feel. Northern-facing exposures offer soft, consistent light and peaceful sky views, while the unit’s position in the second building off Moreland provides a quieter, more private setting. The kitchen blends function and style with granite countertops, new stainless steel appliances, and a breakfast bar that opens seamlessly to the living space — ideal for both everyday living and casual entertaining. Upstairs, the loft-style primary suite delivers the best of both worlds: an open, architectural feel with a sense of privacy, perched above the living area. A walk-in closet and spacious bath with separate shower and tub add comfort to the design-forward layout. Freshly refinished hardwood floors run throughout, and thoughtful touches like a nearby assigned parking space and dedicated storage unit make life easy. Brand new kitchen appliances and hot water heater provide for peace of mind and maintenance free living! Step outside and you’re moments from it all — shopping, dining, and daily essentials right at your doorstep, with Inman Park, Candler Park, Little Five Points, and MARTA just a short walk away. Stylish, connected, and effortlessly livable — this is intown loft living done right.

22. 2025-11-12
    listed $300,000 Active 1542-char remark

    Show marketing remark (1542 chars)

    Experience elevated city living at Caroline Street Lofts in the heart of the Edgewood Retail District — where walkability, convenience, and modern style come together. Inside, soaring two-story ceilings and a dramatic wall of windows flood the great room with natural light, creating an airy, open feel. Northern-facing exposures offer soft, consistent light and peaceful sky views, while the unit’s position in the second building off Moreland provides a quieter, more private setting. The kitchen blends function and style with granite countertops, new stainless steel appliances, and a breakfast bar that opens seamlessly to the living space — ideal for both everyday living and casual entertaining. Upstairs, the loft-style primary suite delivers the best of both worlds: an open, architectural feel with a sense of privacy, perched above the living area. A walk-in closet and spacious bath with separate shower and tub add comfort to the design-forward layout. Freshly refinished hardwood floors run throughout, and thoughtful touches like a nearby assigned parking space and dedicated storage unit make life easy. Brand new kitchen appliances and hot water heater provide for peace of mind and maintenance free living! Step outside and you’re moments from it all — shopping, dining, and daily essentials right at your doorstep, with Inman Park, Candler Park, Little Five Points, and MARTA just a short walk away. Stylish, connected, and effortlessly livable — this is intown loft living done right.

23. 2016-08-17
    soldstatus $165,000
24. 2014-08-19
    historical
25. 2014-08-19
    historical
26. 2014-08-04
    status Back On Market
27. 2014-07-29
    status Active
28. 2014-07-16
    status Under Contract
29. 2014-07-16
    historical Contingent - Due Diligence
30. 2014-06-10
    price $174,000 Reduced
31. 2014-06-10
    price $174,000
32. 2014-03-28
    listed $179,000 New
33. 2014-03-28
    listed $179,000 Active
34. 2011-12-02
    historical
35. 2011-10-30
    price $150,000
36. 2011-10-28
    price $150,000
37. 2011-09-15
    listed $134,000 Active
38. 2006-05-05
    soldstatus $208,500
39. 2006-05-05
    soldstatus $208,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $27,632
• − Mortgage interest: −$15,068
• − Property taxes: −$4,035
• − Insurance: −$1,345
• − Repairs & maintenance: −$2,211
• − Management: −$2,211
• − HOA: −$4,368
• − Depreciation: −$7,825
• Taxable loss: −$9,431
• Est. tax savings @ 24.0%: +$2,263
• After-tax cash flow: $-2,583/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: Dekalb County · 782,738 people
• City population: 629,525
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 21,709
• Household income: $140,677
• Rent vs Own: 41.7% rent · 58.3% own
• Severe rent burden: 919.0

Population outlook (DeKalb County) Hauer SSP2

• Today (2025): 839,977 people
• By 2030: 891,768 · +6.2%
• By 2040: 988,894 · +17.7%
• By 2050: 1,074,583 · +27.9%
• By 2075: 1,245,026 · +48.2%
• By 2100: 1,303,135 · +55.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Black 14% Two or more races 10% Hispanic / Latino 6% Asian 5%
• Hispanic origin (detail): Mexican 1%
• Common ancestry: Lithuanian 4% Slovak 4% Italian 3%
• Foreign-born: 8% · Canada, China, Vietnam
• Languages at home: 90% English-only · Spanish 4% Other Indo-European 1% Chinese 1%

Political lean MEDSL · DeKalb

• 2024 margin: Solid D (+64.8) · D 81.9% · R 17.1% · Other 1.0%
• 2008→2024 swing: +6.1pp toward D · 2008: 58.6pp · 2024: 64.8pp
• All cycles: 2024: D+64.8 2020: D+67.4 2016: D+64.8 2012: D+56.8 2008: D+58.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -702.06%
• Current HPI: 252.7207
• Rent YoY: ▲ 1.79%
• 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

+31.9% since first listed

25 events — show timeline

• 2026-04-15 Price Changed $275,000 GAMLS
• 2026-04-15 Price Changed $275,000 FMLS
• 2026-03-07 Price Changed $289,000 GAMLS
• 2026-03-07 Price Changed $289,000 FMLS
• 2026-02-09 Price Changed $295,000 GAMLS
• 2026-02-09 Price Changed $295,000 FMLS
• 2025-11-12 Listed $300,000 FMLS
• 2025-11-12 Listed $300,000 GAMLS
• 2016-08-17 Sold (Public Records) $165,000 Public Records
• 2014-08-19 Listing Removed — FMLS
• 2014-08-19 Listing Removed — GAMLS
• 2014-08-04 Relisted — GAMLS
• 2014-07-29 Relisted — FMLS
• 2014-07-16 Pending — GAMLS
• 2014-07-16 Contingent — FMLS
• 2014-06-10 Price Changed $174,000 GAMLS
• 2014-06-10 Price Changed $174,000 FMLS
• 2014-03-28 Listed $179,000 GAMLS
• 2014-03-28 Listed $179,000 FMLS
• 2011-12-02 Listing Removed — FMLS
• 2011-10-30 Price Changed $150,000 GAMLS
• 2011-10-28 Price Changed $150,000 FMLS
• 2011-09-15 Listed $134,000 FMLS
• 2006-05-05 Sold (Public Records) $208,500 Public Records
• 2006-05-05 Sold (Public Records) $208,500 Public Records

Property tax history

-29.8%/yr

Latest (2020): $53 · +96.8% YoY. Source: county tax records.