148 Waverly Way #6 · Atlanta, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 5/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 5/10 · Moderate
- Chance of severe wind over 30 yrs
- 26.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the 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).
- Cash flow +12.9/30.0
- ARV discount +7.5/15.0
- Livability +4.2/5.0
- 1% rule +4.1/10.0
- DSCR +3.9/10.0
- Rent growth +2.9/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$269,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this beautifully updated 2-bedroom, 1-bath condominium in the heart of Historic Inman Park, directly across from Springvale Park. Located on the first floor, this charming home features a private patio that opens to a shared, fenced-in backyard-ideal for dog owners, relaxing outdoors, or entertaining guests. Inside, the recently renovated kitchen is bright and airy, offering modern finishes and a functional layout that flows seamlessly into the living space. The unit includes one assigned off-street parking space for added convenience. Enjoy the best of intown living with easy access to the Atlanta Beltline and just a short walk to Cabbagetown, Little Five Points, Reynoldstown, and Old Fourth Ward. Experience all that Inman Park has to offer in one of Atlanta's most beloved neighborhoods.
Key facts
- Private patio
- $280 HOA
- Parking
Tags
Property features AI
Finance
- HOA & community: Monthly association fee ($280) covering water, grounds and structure maintenance, and reserve fund; Gated community with homeowners association; Community amenities include proximity to Beltline, public transport, schools, shopping, trails/greenway, park, sidewalks, and street lights; 12 units in the community
Exterior
- Parking: Assigned parking plus driveway and parking lot spaces; One total parking space; Open parking available
- Utilities: Public water; Public sewer; Electricity available; Natural gas available; Cable available
- Home design: Condominium; One level; Brick construction (brick 4 sides); Composition roof; Resale condition
- Construction: Brick construction (brick 4 sides); Composition roof
- Exterior features: Patio; Fenced front and back yard; Located across from Springdale Park; City street frontage
Interior
- Kitchen: Gas oven and gas range; Microwave; Refrigerator; Disposal; Other kitchen features
- Bedrooms: Two main-level bedrooms; Roommate floor plan
- Flooring: Laminate flooring
- Bathrooms: One full bathroom with tub-only master bath
- Heating & cooling: Forced air heating; Central air conditioning
- Interior features: Private entrance; 2+ common walls; Other interior features
- Laundry & utility: Washer and dryer; Laundry located in kitchen; Gas water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath condo listed at $270k.
Deal economics
- At list price, monthly cash flow is $-21 ($-250/yr) — negative.
- To cash-flow at today's rent, offer at most $266k (1.4% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $246k (8.9% below list).
- Recommended offer: $246k (9.0% below list) — sets the bar for market timing.
- Cap rate 6.2% 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: Springdale Park Elementary School (math 72% / reading 75%, grade A, #37 of 1,228 statewide, top 3%, 742 students, 11% FRL); David T Howard Middle School (math 58% / reading 63%, grade B+, #39 of 470 statewide, top 8%, 1,119 students, 19% FRL); Midtown High School (math 22% / reading 34%, grade F, #151 of 424 statewide, top 36%, 1,602 students, 19% FRL) — zoned schools average 16% FRL vs 71% district-wide (55 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 54% at this address vs 32% district-wide (+23 pts) — the actual schools serving this property are materially stronger than the Atlanta Public Schools average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents rising (+1.8%/yr); 174 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 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 $8k 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 104 days — a 9% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 7y 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 $210k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 104 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.91% ✗
- Cap rate
- 6.20%
- Cash-on-cash
- -0.33%
- DSCR
- 0.99
- GRM
- 9.1
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 1.79% rent growth · sell at horizon
- IRR
- -18.2%
- Equity multiple
- 0.37×
- Total profit
- $-47,921
- Equity at exit
- $40,243
- IRR
- -13.1%
- Equity multiple
- 0.27×
- Total profit
- $-54,885
- Equity at exit
- $23,336
Cash invested: $75,572 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State Georgia
- 90 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 30307
- Rents YoY
- 1.8%
- Active inventory
- 174
- Price-to-rent
- 9.1×
Monthly cashflow live
- Estimated rent
- $2,459 high interval (Pro) →
- Mortgage (P&I)
- −$1,415
- Tax from tax record
- −$155 /mo · $1,866/yr
- Insurance
- −$112
- HOA
- −$280
- Vacancy / Maint / Mgmt
- −$516
- Net cashflow
- $-21
Break-even live
Sensitivity live
| Price | -10% $132 | -5% $56 | +0% $-21 | +5% $-97 | +10% $-174 |
|---|---|---|---|---|---|
| Rent | -10% $-215 | -5% $-118 | +0% $-21 | +5% $76 | +10% $173 |
| Rate | -1.0pp $115 | -0.5pp $48 | base $-21 | +0.5pp $-91 | +1.0pp $-162 |
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
- $67,475
- Closing costs
- $8,097
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 794 Dixie Ave NE Atlanta, GA | 2.0 | 1.0 | 750 | $1,720 | $2.29 | 26d | 2 | 0.17mi |
| 780 Dixie Ave NE Apt 3 Atlanta, GA | 1.0 | 1.0 | 700 | $1,575 | $2.25 | 0d | 1 | 0.19mi |
| 44 Delta Pl NE Unit 11 Atlanta, GA | 2.0 | 1.0 | 900 | $1,425 | $1.58 | 26d | 1 | 0.20mi |
| 185 Montag Cir Ste 100 Atlanta, GA | 2.0 | 1.0–2.0 | 973 | $3,257 | $3.35 | 0d | 16 | 0.22mi |
| 600 Brickworks Cir NE Atlanta, GA | 1.0 | 1.0 | 906 | $2,295 | $2.53 | 0d | 1 | 0.23mi |
| 600 Brickworks Cir NE Atlanta, GA | 1.0 | 1.0 | 906 | $2,295 | $2.53 | 15d | 1 | 0.23mi |
| 972 DeKalb Ave NE #202 Atlanta, GA | 1.0 | 1.0 | 973 | $2,270 | $2.33 | 0d | 1 | 0.24mi |
| 245 N Highland Ave NE Atlanta, GA | 1.0 | 1.0 | 795 | $3,250 | $4.09 | 26d | 2 | 0.26mi |
| 240 N Highland Ave NE Atlanta, GA | 1.0 | 1.0 | 1029 | $2,199 | $2.14 | 0d | 1 | 0.28mi |
| 240 N Highland Ave NE Atlanta, GA | 1.0 | 1.0 | 854 | $1,979 | $2.32 | 26d | 1 | 0.28mi |
| 299 N Highland Ave NE Atlanta, GA | 1.0 | 1.0 | 856 | $2,495 | $2.91 | 0d | 1 | 0.32mi |
| 15 Waddell St NE #104 Atlanta, GA | 1.0 | 1.0 | 1032 | $2,550 | $2.47 | 20d | 1 | 0.34mi |
| 44 Krog St NE Atlanta, GA | 2.0 | 2.0 | 842 | $3,645 | $4.33 | 3d | 11 | 0.38mi |
| 658 John Wesley Dobbs Ave NE Unit 02 Atlanta, GA | 2.0 | 1.0 | 750 | $1,525 | $2.03 | 22d | 1 | 0.41mi |
| 1065 Seaboard Ave NE Atlanta, GA | 2.0 | 1.0 | 780 | $1,095 | $1.40 | 26d | 1 | 0.42mi |
| 1031 Austin Ave NE Unit 1 Atlanta, GA | 2.0 | 1.0 | 877 | $3,700 | $4.22 | 22d | 1 | 0.42mi |
| 1031 Austin Ave NE Unit 2 Atlanta, GA | 2.0 | 1.0 | 925 | $3,900 | $4.22 | 22d | 1 | 0.42mi |
| 48 Moda Ln Atlanta, GA | 2.0 | 2.0 | 1000 | $2,600 | $2.60 | 4d | 1 | 0.43mi |
| 1085 Hardee St NE Unit A Atlanta, GA | 2.0 | 2.0 | 1026 | $4,700 | $4.58 | 22d | 1 | 0.44mi |
| 659 Auburn Ave NE Atlanta, GA | 1.0–2.0 | 1.0 | 935 | $4,800 | $5.13 | 0d | 2 | 0.44mi |
| 659 Auburn Ave NE Atlanta, GA | 1.0–2.0 | 1.0 | 935 | $4,800 | $5.13 | 4d | 2 | 0.44mi |
| 665 Auburn Ave NE Unit 610 Atlanta, GA | 1.0 | 1.0 | 598 | $3,800 | $6.35 | 24d | 1 | 0.45mi |
| 347 Sinclair Ave NE Atlanta, GA | 2.0 | 1.0 | 800 | $4,600 | $5.75 | 24d | 1 | 0.49mi |
| 670 DeKalb Ave NE Atlanta, GA | 3.0 | 1.0–2.0 | 1098 | $3,382 | $3.08 | 0d | 44 | 0.49mi |
| 1054 Euclid Ave NE Unit CH Atlanta, GA | 1.0 | 1.0 | 650 | $3,200 | $4.92 | 24d | 1 | 0.49mi |
| 352 Sinclair Ave NE Atlanta, GA | 1.0 | 1.0 | 650 | $4,300 | $6.62 | 26d | 1 | 0.50mi |
| 1125 Hardee St NE Unit A Atlanta, GA | 2.0 | 2.0 | 1000 | $5,000 | $5.00 | 26d | 1 | 0.51mi |
| 1065 Washita Ave NE Unit B Atlanta, GA | 2.0 | 1.0 | 750 | $3,200 | $4.27 | 24d | 1 | 0.51mi |
| 22 Airline St NE Atlanta, GA | 1.0 | 1.0 | 642 | $2,099 | $3.27 | 26d | 1 | 0.52mi |
| 626 DeKalb Ave SE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 971 | $2,404 | $2.47 | 0d | 12 | 0.55mi |
| 214 Randolph St NE Atlanta, GA | 1.0 | 1.0 | 675 | $1,550 | $2.30 | 9d | 1 | 0.55mi |
| 214 Randolph St NE Atlanta, GA | 1.0–2.0 | 1.0 | 753 | $1,400 | $1.86 | 24d | 10 | 0.55mi |
| 271 Glen Iris Dr NE Unit 2a Atlanta, GA | 2.0 | 1.0 | 850 | $1,450 | $1.71 | 3d | 1 | 0.55mi |
| 144 Moreland Ave NE Atlanta, GA | 2.0 | 1.0–2.0 | 895 | $2,326 | $2.60 | 0d | 17 | 0.56mi |
| 271 Glen Iris Dr NE Atlanta, GA | 2.0 | 1.0 | 850 | $1,472 | $1.73 | 0d | 2 | 0.56mi |
| 1164 Alta Ave NE Unit 3 Atlanta, GA | 2.0 | 1.0 | 800 | $1,700 | $2.12 | 0d | 1 | 0.57mi |
| 747 Ralph McGill Blvd NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 875 | $2,981 | $3.41 | 0d | 20 | 0.58mi |
| 940 Mauldin St SE Atlanta, GA | 2.0 | 2.0 | 750 | $2,495 | $3.33 | 0d | 1 | 0.61mi |
| 940 Mauldin St SE Atlanta, GA | 1.0 | 1.0 | 550 | $1,795 | $3.26 | 26d | 1 | 0.61mi |
| 443 N Highland Ave NE Unit 443-4 Atlanta, GA | 1.0 | 1.0 | 850 | $1,725 | $2.03 | 14d | 1 | 0.63mi |
HOA detail condo
- Monthly dues
- $280 · $3,360/yr
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 17 events
-
2026-05-13status Pending
-
2026-05-12status Under Contract 810-char remark
Show marketing remark (810 chars)
Welcome to this beautifully updated 2-bedroom, 1-bath condominium in the heart of Historic Inman Park, directly across from Springvale Park. Located on the first floor, this charming home features a private patio that opens to a shared, fenced-in backyard-ideal for dog owners, relaxing outdoors, or entertaining guests. Inside, the recently renovated kitchen is bright and airy, offering modern finishes and a functional layout that flows seamlessly into the living space. The unit includes one assigned off-street parking space for added convenience. Enjoy the best of intown living with easy access to the Atlanta Beltline and just a short walk to Cabbagetown, Little Five Points, Reynoldstown, and Old Fourth Ward. Experience all that Inman Park has to offer in one of Atlanta's most beloved neighborhoods.
-
2026-05-12historical Active Under Contract
Show marketing remark (810 chars)
Welcome to this beautifully updated 2-bedroom, 1-bath condominium in the heart of Historic Inman Park, directly across from Springvale Park. Located on the first floor, this charming home features a private patio that opens to a shared, fenced-in backyard-ideal for dog owners, relaxing outdoors, or entertaining guests. Inside, the recently renovated kitchen is bright and airy, offering modern finishes and a functional layout that flows seamlessly into the living space. The unit includes one assigned off-street parking space for added convenience. Enjoy the best of intown living with easy access to the Atlanta Beltline and just a short walk to Cabbagetown, Little Five Points, Reynoldstown, and Old Fourth Ward. Experience all that Inman Park has to offer in one of Atlanta's most beloved neighborhoods.
-
2026-04-17price $269,900
Show marketing remark (810 chars)
Welcome to this beautifully updated 2-bedroom, 1-bath condominium in the heart of Historic Inman Park, directly across from Springvale Park. Located on the first floor, this charming home features a private patio that opens to a shared, fenced-in backyard-ideal for dog owners, relaxing outdoors, or entertaining guests. Inside, the recently renovated kitchen is bright and airy, offering modern finishes and a functional layout that flows seamlessly into the living space. The unit includes one assigned off-street parking space for added convenience. Enjoy the best of intown living with easy access to the Atlanta Beltline and just a short walk to Cabbagetown, Little Five Points, Reynoldstown, and Old Fourth Ward. Experience all that Inman Park has to offer in one of Atlanta's most beloved neighborhoods.
-
2026-04-17price $269,900 810-char remark
Show marketing remark (810 chars)
Welcome to this beautifully updated 2-bedroom, 1-bath condominium in the heart of Historic Inman Park, directly across from Springvale Park. Located on the first floor, this charming home features a private patio that opens to a shared, fenced-in backyard-ideal for dog owners, relaxing outdoors, or entertaining guests. Inside, the recently renovated kitchen is bright and airy, offering modern finishes and a functional layout that flows seamlessly into the living space. The unit includes one assigned off-street parking space for added convenience. Enjoy the best of intown living with easy access to the Atlanta Beltline and just a short walk to Cabbagetown, Little Five Points, Reynoldstown, and Old Fourth Ward. Experience all that Inman Park has to offer in one of Atlanta's most beloved neighborhoods.
-
2026-03-24price $275,000 810-char remark
Show marketing remark (810 chars)
Welcome to this beautifully updated 2-bedroom, 1-bath condominium in the heart of Historic Inman Park, directly across from Springvale Park. Located on the first floor, this charming home features a private patio that opens to a shared, fenced-in backyard-ideal for dog owners, relaxing outdoors, or entertaining guests. Inside, the recently renovated kitchen is bright and airy, offering modern finishes and a functional layout that flows seamlessly into the living space. The unit includes one assigned off-street parking space for added convenience. Enjoy the best of intown living with easy access to the Atlanta Beltline and just a short walk to Cabbagetown, Little Five Points, Reynoldstown, and Old Fourth Ward. Experience all that Inman Park has to offer in one of Atlanta's most beloved neighborhoods.
-
2026-03-24price $275,000
Show marketing remark (810 chars)
Welcome to this beautifully updated 2-bedroom, 1-bath condominium in the heart of Historic Inman Park, directly across from Springvale Park. Located on the first floor, this charming home features a private patio that opens to a shared, fenced-in backyard-ideal for dog owners, relaxing outdoors, or entertaining guests. Inside, the recently renovated kitchen is bright and airy, offering modern finishes and a functional layout that flows seamlessly into the living space. The unit includes one assigned off-street parking space for added convenience. Enjoy the best of intown living with easy access to the Atlanta Beltline and just a short walk to Cabbagetown, Little Five Points, Reynoldstown, and Old Fourth Ward. Experience all that Inman Park has to offer in one of Atlanta's most beloved neighborhoods.
-
2026-01-28$280,000 Active
Show marketing remark (810 chars)
Welcome to this beautifully updated 2-bedroom, 1-bath condominium in the heart of Historic Inman Park, directly across from Springvale Park. Located on the first floor, this charming home features a private patio that opens to a shared, fenced-in backyard-ideal for dog owners, relaxing outdoors, or entertaining guests. Inside, the recently renovated kitchen is bright and airy, offering modern finishes and a functional layout that flows seamlessly into the living space. The unit includes one assigned off-street parking space for added convenience. Enjoy the best of intown living with easy access to the Atlanta Beltline and just a short walk to Cabbagetown, Little Five Points, Reynoldstown, and Old Fourth Ward. Experience all that Inman Park has to offer in one of Atlanta's most beloved neighborhoods.
-
2026-01-28$280,000 New 810-char remark
Show marketing remark (810 chars)
Welcome to this beautifully updated 2-bedroom, 1-bath condominium in the heart of Historic Inman Park, directly across from Springvale Park. Located on the first floor, this charming home features a private patio that opens to a shared, fenced-in backyard-ideal for dog owners, relaxing outdoors, or entertaining guests. Inside, the recently renovated kitchen is bright and airy, offering modern finishes and a functional layout that flows seamlessly into the living space. The unit includes one assigned off-street parking space for added convenience. Enjoy the best of intown living with easy access to the Atlanta Beltline and just a short walk to Cabbagetown, Little Five Points, Reynoldstown, and Old Fourth Ward. Experience all that Inman Park has to offer in one of Atlanta's most beloved neighborhoods.
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2019-05-20soldstatus $210,000
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2019-05-17soldstatus $210,000 Closed 410-char remark
Show marketing remark (410 chars)
Awesome opportunity for a first time home buyer to get into historic Inman Park. Steps off the beltline, Krog Street Market, restaurants, shopping, multiple grocery stores, and best yet across the street from Springvale Park, you truly can't beat this location. Unit has new Pella windows and hardwood flooring. Building just put on a new roof in February 2019. Only 12 units in this rarely available building.
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2019-05-17soldstatus $210,000 Sold
Show marketing remark (410 chars)
Awesome opportunity for a first time home buyer to get into historic Inman Park. Steps off the beltline, Krog Street Market, restaurants, shopping, multiple grocery stores, and best yet across the street from Springvale Park, you truly can't beat this location. Unit has new Pella windows and hardwood flooring. Building just put on a new roof in February 2019. Only 12 units in this rarely available building.
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2019-04-08status Under Contract
Show marketing remark (410 chars)
Awesome opportunity for a first time home buyer to get into historic Inman Park. Steps off the beltline, Krog Street Market, restaurants, shopping, multiple grocery stores, and best yet across the street from Springvale Park, you truly can't beat this location. Unit has new Pella windows and hardwood flooring. Building just put on a new roof in February 2019. Only 12 units in this rarely available building.
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2019-04-08status Pending 410-char remark
Show marketing remark (410 chars)
Awesome opportunity for a first time home buyer to get into historic Inman Park. Steps off the beltline, Krog Street Market, restaurants, shopping, multiple grocery stores, and best yet across the street from Springvale Park, you truly can't beat this location. Unit has new Pella windows and hardwood flooring. Building just put on a new roof in February 2019. Only 12 units in this rarely available building.
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2019-04-03$209,900 Active 410-char remark
Show marketing remark (410 chars)
Awesome opportunity for a first time home buyer to get into historic Inman Park. Steps off the beltline, Krog Street Market, restaurants, shopping, multiple grocery stores, and best yet across the street from Springvale Park, you truly can't beat this location. Unit has new Pella windows and hardwood flooring. Building just put on a new roof in February 2019. Only 12 units in this rarely available building.
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2019-04-03$209,900 New
Show marketing remark (410 chars)
Awesome opportunity for a first time home buyer to get into historic Inman Park. Steps off the beltline, Krog Street Market, restaurants, shopping, multiple grocery stores, and best yet across the street from Springvale Park, you truly can't beat this location. Unit has new Pella windows and hardwood flooring. Building just put on a new roof in February 2019. Only 12 units in this rarely available building.
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1984-03-27soldstatus $50,000
ⓘ 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
- $1,866 · $155/mo
- Projected year-2 tax
- $2,483 · $207/mo
- Expected delta
- +$617/yr (+$51/mo · 33.1%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 5/10 Major 7 d/yr ≥104°F today · 17 d/yr by 30 yrs out
- Wind 5/10 Major 26% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $29,507
- − Mortgage interest
- −$15,119
- − Property taxes
- −$1,866
- − Insurance
- −$1,350
- − Repairs & maintenance
- −$2,361
- − Management
- −$2,361
- − HOA
- −$3,360
- − Depreciation
- −$7,852
- Taxable loss
- −$4,760
- Est. tax savings @ 24.0%
- +$1,142
- After-tax cash flow
- $893/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Atlanta Public Schools
- NCES district ID
- 1300120
- Math proficiency
- 28% ▼ -6.00%
- Reading proficiency
- 35% ▼ -2.00%
- Median HH income
- $48,306
- Composite
- 27.27/100
- National rank
- #7006
- State rank
- #80 of 174 in GA
Livability — Atlanta
- Score
- 83/100
- State rank
- #6
- US rank
- #919
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Atlanta, GA
- County
- 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
- Severe rent burden
- 919.0
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 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 · 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
- ▼ -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 |
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
+439.8% since first listed17 events — show timeline
- 2026-05-13 Pending — FMLS
- 2026-05-12 Pending — GAMLS
- 2026-05-12 Contingent — FMLS
- 2026-04-17 Price Changed $269,900 FMLS
- 2026-04-17 Price Changed $269,900 GAMLS
- 2026-03-24 Price Changed $275,000 GAMLS
- 2026-03-24 Price Changed $275,000 FMLS
- 2026-01-28 Listed $280,000 GAMLS
- 2026-01-28 Listed $280,000 FMLS
- 2019-05-20 Sold (Public Records) $210,000 Public Records
- 2019-05-17 Sold (MLS) $210,000 GAMLS
- 2019-05-17 Sold (MLS) $210,000 FMLS
- 2019-04-08 Pending — GAMLS
- 2019-04-08 Pending — FMLS
- 2019-04-03 Listed $209,900 GAMLS
- 2019-04-03 Listed $209,900 FMLS
- 1984-03-27 Sold (Public Records) $50,000 Public Records
Property tax history
+5.0%/yrLatest (2025): $1,866 · -1.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…