1802 S Gordon St SW · Atlanta, GA 30310

$245,000

3 bd · 1.0 ba · 1,195 sqft · SingleFamily public records · 200 Days on market

Built 1950 0.25 ac lot $205/sqft · 16% below area Est $319k · 23% under

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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 +10.2/30.0
• Livability +4.2/5.0
• Rent growth +3.2/5.0
• 1% rule +3.0/10.0
• DSCR +2.9/10.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Experience modern living at its finest in this beautifully updated, truly move-in-ready home. Step inside to an open, airy layout enhanced by rich wood floors that flow seamlessly throughout. The sleek, updated kitchen shines with stainless steel appliances and contemporary finishes, while the remodeled bathrooms showcase elegant, spa-inspired fixtures. Every corner has been thoughtfully refreshed - from the lighting to the designer touches - creating a bright, welcoming space you'll love coming home to. Perfectly priced and packed with style, comfort, and value, this home is an exceptional find you won't want to miss.

Key facts

• 0.25 acre lot
• Built 1950
• Listed 200 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $245k.

Deal economics

• At list price, monthly cash flow is $-138 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $221k (9.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $196k (20.1% below list).
• Recommended offer: $196k (20.1% below list) — sets the bar for 1% rule.
• Cap rate 5.6% 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: Kipp Ways Primary Charter School (math 5% / reading 5%, grade F, #1,160 of 1,228 statewide, top 98%, 477 students, 100% FRL, charter); Jean Childs Young Middle School (math 2% / reading 12%, grade F, #449 of 470 statewide, top 97%, 747 students, 100% FRL); Benjamin E. Mays High School (math 22% / reading 15%, grade F, #254 of 424 statewide, top 61%, 1,337 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 10% at this address vs 32% district-wide (-21 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 (+2.8%/yr); 459 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 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 $2k of loan paydown is wiped out by about $7k 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 200 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 12y ago; this cycle's ask has dropped $60k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $200k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; major wind risk, 27% 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 $195,759 (20.1% 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 200 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 0.80% ✗
• Cap rate: 5.62%
• Cash-on-cash: -2.41%
• DSCR: 0.89
• GRM: 10.4

CMA / ARV

• ARV (median comp): $319,292
• List price: $245,000
• Delta: -23.27%
• 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
1803 S Gordon St SW	0.03mi	3/1.0	1,178 (-1%)	3mo	$182,000	$154	94
1905 S Gordon St SW	0.25mi	3/1.0	1,161 (-3%)	1mo	$170,000	$146	82
1739 Emerald Ave SW	0.31mi	3/2.0	1,189 (-0%)	6mo	$324,000	$272	76
888 Beecher Ct SW	0.49mi	3/1.0	1,216 (+2%)	10mo	$180,000	$148	66
1921 Westwood Ave SW	0.24mi	3/2.0	1,275 (+7%)	10mo	$360,000	$282	65
1588 Linda Way SW	0.48mi	3/2.0	1,152 (-4%)	3mo	$355,000	$308	65
1757 Derry Ave SW	0.39mi	3/2.0	1,285 (+8%)	4mo	$190,000	$148	62
1928 Beecher Rd SW	0.42mi	3/1.0	1,075 (-10%)	2mo	$140,000	$130	62
1750 Shirley St SW	0.23mi	3/3.0	1,071 (-10%)	7mo	$330,000	$308	58
637 Ferris St SW	0.45mi	3/2.0	1,300 (+9%)	7mo	$325,750	$251	55
1565 Olympian Way SW	0.45mi	2/1.0 (-1)	1,080 (-10%)	8mo	$150,000	$139	52
1670 Rogers Ave SW	0.25mi	3/2.0	1,371 (+15%)	10mo	$525,000	$383	51

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 · 2.77% rent growth · sell at horizon

5-year hold

• IRR: -20.6%
• Equity multiple: 0.29×
• Total profit: $-48,914
• Equity at exit: $36,530

10-year hold

• IRR: -14.2%
• Equity multiple: 0.19×
• Total profit: $-55,654
• Equity at exit: $21,183

Cash invested: $68,600 (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 30310

• Home prices YoY: -32.8%
• Rents YoY: 2.8%
• Active inventory: 459
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $1,958 high
• Mortgage (P&I): −$1,285
• Tax from tax record: −$298 /mo · $3,571/yr
• Insurance: −$102
• HOA: −$0
• Vacancy / Maint / Mgmt: −$411
• Net cashflow: $-138

Break-even live

Break-even rent $2,132

Max offer price $220,633

Occupancy floor —

Sensitivity live

Price	-10% $1	-5% $-69	+0% $-138	+5% $-207	+10% $-277
Rent	-10% $-293	-5% $-215	+0% $-138	+5% $-61	+10% $17
Rate	-1.0pp $-15	-0.5pp $-76	base $-138	+0.5pp $-201	+1.0pp $-266

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: $61,250
• Closing costs: $7,350
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1731 N Olympian Way SW Atlanta, GA	2.0	1.0	1028	$1,846	$1.80	1d	1	0.15mi
1735 Alvarado Ter SW Atlanta, GA	3.0	2.0	1235	$1,595	$1.29	24d	1	0.24mi
1619 Stokes Ave SW Atlanta, GA	3.0	2.0	1332	$2,400	$1.80	5d	1	0.37mi
1587 Olympian Cir SW Unit B Atlanta, GA	2.0	1.0	1086	$1,300	$1.20	26d	1	0.40mi
1699 Derry Ave SW Atlanta, GA	2.0	1.0	825	$1,800	$2.18	26d	1	0.42mi
1578 Linda Way SW Atlanta, GA	3.0	2.0	1343	$2,030	$1.51	16d	1	0.47mi
763 Cascade Ave SW Atlanta, GA	2.0	1.0	900	$1,274	$1.42	0d	4	0.53mi
1474 Beecher St SW Atlanta, GA	3.0	2.0	1332	$3,200	$2.40	26d	1	0.67mi
1420 Ralph David Abernathy Blvd SW Atlanta, GA	3.0	2.0	1306	$2,400	$1.84	26d	1	0.67mi
1437 Lucile Ave SW Unit 8 Atlanta, GA	2.0	1.0	1060	$1,800	$1.70	24d	1	0.73mi
1448 Westboro Dr SW Atlanta, GA	3.0	2.0	1437	$2,300	$1.60	9d	1	0.76mi
1550 Mayflower Ave SW Atlanta, GA	4.0	2.5	1396	$6,500	$4.66	22d	1	0.84mi
966 Gaston St SW Atlanta, GA	3.0	2.5	1331	$2,250	$1.69	26d	1	0.85mi
176 Racine St SW Atlanta, GA	3.0	2.0	1423	$2,800	$1.97	26d	1	0.90mi
364 Brooks Ave SW Atlanta, GA	3.0	2.0	1134	$1,495	$1.32	9d	1	0.90mi
2111 Martin Luther King Junior Dr NW Atlanta, GA	3.0	1.0	1470	$1,800	$1.22	26d	1	0.91mi
324 Brooks Ave SW Unit B Atlanta, GA	2.0	1.0	1176	$1,050	$0.89	26d	1	0.94mi
324 Brooks Ave SW Unit A Atlanta, GA	2.0	1.0	1176	$1,000	$0.85	26d	1	0.94mi
2162 Larchwood Rd SW Atlanta, GA	4.0	2.0	1200	$2,550	$2.12	26d	1	0.97mi
1080 Westmont Rd SW Atlanta, GA	3.0	2.0	1022	$2,500	$2.45	17d	1	0.98mi
1256 Ralph David Abernathy Blvd SW Atlanta, GA	2.0	1.0	1000	$1,200	$1.20	26d	1	0.98mi
2190 Highview Rd SW Atlanta, GA	3.0	2.5	1305	$2,500	$1.92	4d	1	1.07mi
379 Atwood St SW Unit 4 Atlanta, GA	2.0	1.0	800	$1,800	$2.25	26d	1	1.08mi
1839 Penelope Rd NW Atlanta, GA	3.0	1.0	988	$1,400	$1.42	26d	1	1.11mi
1537 Orlando St SW Atlanta, GA	2.0	1.0	1068	$1,700	$1.59	26d	1	1.11mi
0 W Lake Ave NW Atlanta, GA	3.0	2.5	1300	$1,900	$1.46	4d	1	1.12mi
1194 Lucile Ave SW Unit 4 Atlanta, GA	2.0	1.0	950	$1,375	$1.45	26d	1	1.14mi
295 Penelope Dr NW Atlanta, GA	1.0–2.0	1.0	751	$1,542	$2.05	24d	1	1.16mi
1449 Lynford Dr SW Atlanta, GA	3.0	1.0	1242	$1,895	$1.53	20d	1	1.16mi
1449 Lynford Dr SW Atlanta, GA	3.0	1.0	1242	$1,895	$1.53	26d	1	1.16mi
1389 Lanvale Dr SW Atlanta, GA	3.0	2.0	1430	$2,500	$1.75	9d	1	1.18mi
2324 Highview Rd SW Unit A Atlanta, GA	2.0	1.5	1200	$2,000	$1.67	26d	1	1.19mi
1170 Greenwich St SW #3 Atlanta, GA	2.0	1.0	900	$1,200	$1.33	1d	1	1.21mi
2227 Telhurst St SW Atlanta, GA	2.0	2.0	928	$1,395	$1.50	6d	1	1.21mi
2227 Telhurst St SW Atlanta, GA	2.0	2.0	928	$1,395	$1.50	16d	1	1.21mi
1155 Lucile Ave SW Apt 1 Atlanta, GA	3.0	2.0	1026	$1,775	$1.73	26d	1	1.22mi
1155 Lucile Ave SW Unit 4 Atlanta, GA	2.0	2.0	926	$1,525	$1.65	26d	1	1.22mi
269 Florida Ave SW Atlanta, GA	3.0	1.0	925	$1,850	$2.00	26d	1	1.23mi
1180 Richland Rd SW Atlanta, GA	3.0	2.0	1082	$2,800	$2.59	26d	1	1.24mi
1246 Westmont Rd SW Atlanta, GA	3.0	1.0	1200	$1,500	$1.25	5d	1	1.26mi

Listing history 50 events

1. 2026-06-21
   days on market $245,000 Active 200 DOM
2. 2026-06-18
   days on market $245,000 Active 197 DOM
3. 2026-06-17
   pricedays on market $245,000 Active 196 DOM
4. 2026-06-16
   days on market $255,000 Active 195 DOM
5. 2026-06-15
   days on market $255,000 Active 194 DOM
6. 2026-06-13
   days on market $255,000 Active 192 DOM
7. 2026-06-13
   days on market $255,000 Active 191 DOM
8. 2026-06-09
   days on market $255,000 Active 188 DOM
9. 2026-06-08
   days on market $255,000 Active 187 DOM
10. 2026-06-07
    days on market $255,000 Active 186 DOM
11. 2026-06-04
    days on market $255,000 Active 183 DOM
12. 2026-06-03
    days on market $255,000 Active 182 DOM
13. 2026-06-02
    days on market $255,000 Active 181 DOM
14. 2026-06-01
    days on market $255,000 Active 180 DOM
15. 2026-05-31
    days on market $255,000 Active 179 DOM
16. 2026-05-15
    price $255,000 629-char remark

    Show marketing remark (653 chars)

    Experience modern living at its finest in this beautifully updated, truly move-in-ready home. Step inside to an open, airy layout enhanced by rich wood floors that flow seamlessly throughout. The sleek, updated kitchen shines with stainless steel appliances and contemporary finishes, while the remodeled bathrooms showcase elegant, spa-inspired fixtures. Every corner has been thoughtfully refreshed — from the lighting to the designer touches — creating a bright, welcoming space you’ll love coming home to. Perfectly priced and packed with style, comfort, and value, this home is an exceptional find you won’t want to miss.

17. 2026-05-15
    price $255,000 653-char remark

    Show marketing remark (653 chars)

    Experience modern living at its finest in this beautifully updated, truly move-in-ready home. Step inside to an open, airy layout enhanced by rich wood floors that flow seamlessly throughout. The sleek, updated kitchen shines with stainless steel appliances and contemporary finishes, while the remodeled bathrooms showcase elegant, spa-inspired fixtures. Every corner has been thoughtfully refreshed — from the lighting to the designer touches — creating a bright, welcoming space you’ll love coming home to. Perfectly priced and packed with style, comfort, and value, this home is an exceptional find you won’t want to miss.

18. 2026-04-13
    price $265,000 629-char remark

    Show marketing remark (653 chars)

    Experience modern living at its finest in this beautifully updated, truly move-in-ready home. Step inside to an open, airy layout enhanced by rich wood floors that flow seamlessly throughout. The sleek, updated kitchen shines with stainless steel appliances and contemporary finishes, while the remodeled bathrooms showcase elegant, spa-inspired fixtures. Every corner has been thoughtfully refreshed — from the lighting to the designer touches — creating a bright, welcoming space you’ll love coming home to. Perfectly priced and packed with style, comfort, and value, this home is an exceptional find you won’t want to miss.

19. 2026-04-13
    price $265,000 653-char remark

    Show marketing remark (653 chars)

    Experience modern living at its finest in this beautifully updated, truly move-in-ready home. Step inside to an open, airy layout enhanced by rich wood floors that flow seamlessly throughout. The sleek, updated kitchen shines with stainless steel appliances and contemporary finishes, while the remodeled bathrooms showcase elegant, spa-inspired fixtures. Every corner has been thoughtfully refreshed — from the lighting to the designer touches — creating a bright, welcoming space you’ll love coming home to. Perfectly priced and packed with style, comfort, and value, this home is an exceptional find you won’t want to miss.

20. 2026-03-04
    price $275,000 629-char remark

    Show marketing remark (653 chars)

    Experience modern living at its finest in this beautifully updated, truly move-in-ready home. Step inside to an open, airy layout enhanced by rich wood floors that flow seamlessly throughout. The sleek, updated kitchen shines with stainless steel appliances and contemporary finishes, while the remodeled bathrooms showcase elegant, spa-inspired fixtures. Every corner has been thoughtfully refreshed — from the lighting to the designer touches — creating a bright, welcoming space you’ll love coming home to. Perfectly priced and packed with style, comfort, and value, this home is an exceptional find you won’t want to miss.

21. 2026-03-04
    price $275,000 653-char remark

    Show marketing remark (653 chars)

    Experience modern living at its finest in this beautifully updated, truly move-in-ready home. Step inside to an open, airy layout enhanced by rich wood floors that flow seamlessly throughout. The sleek, updated kitchen shines with stainless steel appliances and contemporary finishes, while the remodeled bathrooms showcase elegant, spa-inspired fixtures. Every corner has been thoughtfully refreshed — from the lighting to the designer touches — creating a bright, welcoming space you’ll love coming home to. Perfectly priced and packed with style, comfort, and value, this home is an exceptional find you won’t want to miss.

22. 2026-01-27
    price $285,000 629-char remark

    Show marketing remark (653 chars)

    Experience modern living at its finest in this beautifully updated, truly move-in-ready home. Step inside to an open, airy layout enhanced by rich wood floors that flow seamlessly throughout. The sleek, updated kitchen shines with stainless steel appliances and contemporary finishes, while the remodeled bathrooms showcase elegant, spa-inspired fixtures. Every corner has been thoughtfully refreshed — from the lighting to the designer touches — creating a bright, welcoming space you’ll love coming home to. Perfectly priced and packed with style, comfort, and value, this home is an exceptional find you won’t want to miss.

23. 2026-01-27
    price $285,000 653-char remark

    Show marketing remark (653 chars)

    Experience modern living at its finest in this beautifully updated, truly move-in-ready home. Step inside to an open, airy layout enhanced by rich wood floors that flow seamlessly throughout. The sleek, updated kitchen shines with stainless steel appliances and contemporary finishes, while the remodeled bathrooms showcase elegant, spa-inspired fixtures. Every corner has been thoughtfully refreshed — from the lighting to the designer touches — creating a bright, welcoming space you’ll love coming home to. Perfectly priced and packed with style, comfort, and value, this home is an exceptional find you won’t want to miss.

24. 2025-12-03
    listed $305,000 Active 653-char remark

    Show marketing remark (629 chars)

    Experience modern living at its finest in this beautifully updated, truly move-in-ready home. Step inside to an open, airy layout enhanced by rich wood floors that flow seamlessly throughout. The sleek, updated kitchen shines with stainless steel appliances and contemporary finishes, while the remodeled bathrooms showcase elegant, spa-inspired fixtures. Every corner has been thoughtfully refreshed - from the lighting to the designer touches - creating a bright, welcoming space you'll love coming home to. Perfectly priced and packed with style, comfort, and value, this home is an exceptional find you won't want to miss.

25. 2025-12-03
    listed $305,000 New 629-char remark

    Show marketing remark (629 chars)

    Experience modern living at its finest in this beautifully updated, truly move-in-ready home. Step inside to an open, airy layout enhanced by rich wood floors that flow seamlessly throughout. The sleek, updated kitchen shines with stainless steel appliances and contemporary finishes, while the remodeled bathrooms showcase elegant, spa-inspired fixtures. Every corner has been thoughtfully refreshed - from the lighting to the designer touches - creating a bright, welcoming space you'll love coming home to. Perfectly priced and packed with style, comfort, and value, this home is an exceptional find you won't want to miss.

26. 2025-11-30
    historical $305,000 629-char remark

    Show marketing remark (653 chars)

    Experience modern living at its finest in this beautifully updated, truly move-in-ready home. Step inside to an open, airy layout enhanced by rich wood floors that flow seamlessly throughout. The sleek, updated kitchen shines with stainless steel appliances and contemporary finishes, while the remodeled bathrooms showcase elegant, spa-inspired fixtures. Every corner has been thoughtfully refreshed — from the lighting to the designer touches — creating a bright, welcoming space you’ll love coming home to. Perfectly priced and packed with style, comfort, and value, this home is an exceptional find you won’t want to miss.

27. 2025-11-30
    historical $305,000 653-char remark

    Show marketing remark (653 chars)

    Experience modern living at its finest in this beautifully updated, truly move-in-ready home. Step inside to an open, airy layout enhanced by rich wood floors that flow seamlessly throughout. The sleek, updated kitchen shines with stainless steel appliances and contemporary finishes, while the remodeled bathrooms showcase elegant, spa-inspired fixtures. Every corner has been thoughtfully refreshed — from the lighting to the designer touches — creating a bright, welcoming space you’ll love coming home to. Perfectly priced and packed with style, comfort, and value, this home is an exceptional find you won’t want to miss.

28. 2025-11-10
    historical
29. 2025-10-12
    price $305,000
30. 2025-09-30
    price $320,000
31. 2025-09-17
    listed $338,000 New
32. 2025-09-01
    historical
33. 2025-09-01
    historical
34. 2025-08-27
    price $358,500
35. 2025-08-27
    price $358,500
36. 2025-08-22
    price $359,000
37. 2025-06-02
    price $360,000
38. 2025-06-02
    price $360,000
39. 2025-05-02
    price $370,000
40. 2025-05-02
    price $370,000
41. 2025-04-07
    price $399,000
42. 2025-04-07
    price $399,000
43. 2025-03-03
    listed $418,000 New
44. 2025-03-03
    listed $418,000 Active
45. 2024-11-08
    soldstatus $199,900
46. 2024-11-05
    soldstatus $199,900 Sold
47. 2024-11-05
    soldstatus $199,900 Closed
48. 2024-10-07
    status Under Contract
49. 2024-09-12
    status Pending
50. 2024-09-05
    status Pending Offer Approval

ⓘ 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: $3,571 · $298/mo
• Projected year-2 tax: $3,571 · $298/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 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 18 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,491
• − Mortgage interest: −$13,724
• − Property taxes: −$3,571
• − Insurance: −$1,225
• − Repairs & maintenance: −$1,879
• − Management: −$1,879
• − Depreciation: −$7,127
• Taxable loss: −$5,914
• Est. tax savings @ 24.0%: +$1,419
• After-tax cash flow: $-236/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): 27,186
• Household income: $53,037
• Rent vs Own: 47.0% rent · 53.0% own
• Severe rent burden: 1676.0

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 (76%)
• Race & ethnicity: Black 76% White 14% Two or more races 4% Hispanic / Latino 4% Asian 2%
• Common ancestry: Lithuanian 1% Slovak 1% Serbian 0%
• Foreign-born: 5% · Canada, South Korea, Vietnam
• Languages at home: 92% English-only · Spanish 4% French/Haitian/Cajun 1% Other Indo-European 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: ▼ -204.00%
• Current HPI: 418.7297
• Rent YoY: ▲ 2.77%
• 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

+127.7% since first listed

57 events — show timeline

• 2026-05-15 Price Changed $255,000 GAMLS
• 2026-05-15 Price Changed $255,000 FMLS
• 2026-04-13 Price Changed $265,000 GAMLS
• 2026-04-13 Price Changed $265,000 FMLS
• 2026-03-04 Price Changed $275,000 GAMLS
• 2026-03-04 Price Changed $275,000 FMLS
• 2026-01-27 Price Changed $285,000 GAMLS
• 2026-01-27 Price Changed $285,000 FMLS
• 2025-12-03 Listed $305,000 FMLS
• 2025-12-03 Listed $305,000 GAMLS
• 2025-11-30 Coming Soon $305,000 GAMLS
• 2025-11-30 Coming Soon $305,000 FMLS
• 2025-11-10 Listing Removed — GAMLS
• 2025-10-12 Price Changed $305,000 GAMLS
• 2025-09-30 Price Changed $320,000 GAMLS
• 2025-09-17 Listed $338,000 GAMLS
• 2025-09-01 Listing Removed — FMLS
• 2025-09-01 Listing Removed — GAMLS
• 2025-08-27 Price Changed $358,500 FMLS
• 2025-08-27 Price Changed $358,500 GAMLS
• 2025-08-22 Price Changed $359,000 GAMLS
• 2025-06-02 Price Changed $360,000 FMLS
• 2025-06-02 Price Changed $360,000 GAMLS
• 2025-05-02 Price Changed $370,000 GAMLS
• 2025-05-02 Price Changed $370,000 FMLS
• 2025-04-07 Price Changed $399,000 FMLS
• 2025-04-07 Price Changed $399,000 GAMLS
• 2025-03-03 Listed $418,000 FMLS
• 2025-03-03 Listed $418,000 GAMLS
• 2024-11-08 Sold (Public Records) $199,900 Public Records
• 2024-11-05 Sold (MLS) $199,900 FMLS
• 2024-11-05 Sold (MLS) $199,900 GAMLS
• 2024-10-07 Pending — GAMLS
• 2024-09-12 Pending — FMLS
• 2024-09-05 Pending — GAMLS
• 2024-09-02 Price Changed $199,900 FMLS
• 2024-09-02 Price Changed $199,900 GAMLS
• 2024-07-25 Listed $209,900 FMLS
• 2024-07-19 Coming Soon $209,900 FMLS
• 2024-07-18 Listed $209,900 GAMLS
• 2018-08-22 Sold (Public Records) $21,864,500 Public Records
• 2014-09-11 Price Changed $60,000 GAMLS
• 2014-09-01 Listing Removed — FMLS
• 2014-08-26 Sold (Public Records) $60,000 Public Records
• 2014-08-21 Sold (MLS) $60,000 GAMLS
• 2014-08-05 Pending — GAMLS
• 2014-08-05 Price Changed $74,500 GAMLS
• 2014-06-06 Price Changed $74,500 FMLS
• 2014-04-16 Price Changed $74,500 GAMLS
• 2014-02-26 Listed $75,000 GAMLS
• 2014-02-11 Listed $75,000 FMLS
• 2011-05-13 Price Changed $54,900 GAMLS
• 2007-07-25 Sold (Public Records) $96,000 Public Records
• 2006-06-26 Sold (Public Records) $257,000 Public Records
• 2003-01-21 Sold (Public Records) $250,000 Public Records
• 2001-11-07 Sold (Public Records) $189,000 Public Records
• 2001-01-31 Sold (Public Records) $112,000 Public Records

Property tax history

+4.1%/yr

Latest (2025): $3,571 · -13.7% YoY. Source: county tax records.