🏷️ Likely Rental
165 Burbank Dr · Atlanta, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 5/10 · Moderate
- Hot days now (above 103°F)
- 6 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
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 B- 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 +24.6/30.0
- ARV discount +15.0/15.0
- DSCR +8.0/10.0
- 1% rule +6.4/10.0
- Livability +4.2/5.0
- Rent growth +3.1/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$330,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed
Listing remarks MLS
Attention investors and house-hackers: Unlock immediate equity and massive cash flow at 165 Burbank Dr NW, a versatile, all-brick triplex located in one of NW Atlanta's fastest-growing corridors. This incredible asset features a rare and highly desirable unit mix of one spacious 3BR/1BA unit and two 2BR/1BA units, all delivered 100% vacant so you can immediately place tenants at market rates or begin renovations without any inherited lease friction. Landlord expenses are kept incredibly low thanks to separate gas and electric meters, maximizing your net operating income. The financial math is undeniably strong, pushing a projected $4000+ monthly gross rent into a stellar pro-forma Cap Rate, making it a perfect fit for a traditional buy-and-hold, a high-yield PadSplit conversion, or a classic house-hack where the neighboring units cover your entire mortgage. Beyond the numbers, the location is a premier tenant magnet, situated just 0.3 miles from Washington Park, 0.4 miles from the Atlanta BeltLine Westside Trail, and less than a mile from the sprawling Westside Park and Bellwood Quarry. Offering the ultimate combination of immediate rental yield and long-term Westside appreciation, this property is primed for a quick acquisition, and since the seller is accepting all offers, now is your chance to bring your contractor, run the numbers, and submit your terms today.
Key facts
- 0.25 acre lot
- 6 parking spots
- Built 1955
Property features AI
Finance
- Financial info: Multi-family property with 3 total units
Exterior
- Parking: Space for 6 vehicles; Driveway; Paved parking; Open parking available
- Utilities: Public water; Public sewer; Electricity available; Natural gas available; Sewer available; Water available
- Home design: Three or more stories; Resale property
- Construction: Brick construction; Composition roof
- Exterior features: Near Beltline; Near public transport; Near schools; Near trails/greenway; Park
Interior
- Bedrooms: Three or more levels
- Flooring: Other
- Heating & cooling: Central heating (natural gas); Central air; Window unit(s)
- Interior features: Unfurnished; Other flooring
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3 × 2-bed/1-bath units multifamily listed at $330k.
Deal economics
- At list price, monthly cash flow is $685 ($8k/yr) — positive. Per door: $228/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $330k).
- Recommended offer: $320k (3.0% below list) — sets the bar for market timing.
- Cap rate 8.8% 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: Michael R. Hollis Innovation Academy (math 2% / reading 8%, grade F, #1,160 of 1,228 statewide, top 98%, 653 students, 100% FRL); Booker T. Washington High School (math 24% / reading 24%, grade F, #184 of 424 statewide, top 48%, 831 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 15% at this address vs 32% district-wide (-17 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 (+2.5%/yr); 294 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 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 $10k 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 47 days — a 3% lower offer ($320k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts; this cycle's ask has dropped $25k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $45k; list at $330k implies a 633% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 6→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 47 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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
- 1.14% ✓
- Cap rate
- 8.78%
- Cash-on-cash
- 8.90%
- DSCR
- 1.40
- GRM
- 7.3
CMA / ARV
- ARV (median comp)
- $549,837
- List price
- $330,000
- Delta
- -38.16%
- Verdict
- UNDERPRICED
- Comps
- 4 within 2.0 mi
Projected returns pro-forma
-3.0% appreciation · 2.53% rent growth · sell at horizon
- IRR
- -3.3%
- Equity multiple
- 0.88×
- Total profit
- $-11,550
- Equity at exit
- $49,204
- IRR
- 5.8%
- Equity multiple
- 1.42×
- Total profit
- $39,177
- Equity at exit
- $28,532
Cash invested: $92,400 (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 30314
- Home prices YoY
- -22.9%
- Rents YoY
- 2.5%
- Active inventory
- 294
- Price-to-rent
- 22.0×
Monthly cashflow live
- Estimated rent
- $3,754 medium interval (Pro) →
- Mortgage (P&I)
- −$1,731
- Tax est. 1.5%
- −$412 /mo · $4,950/yr
- Insurance
- −$138
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$788
- Net cashflow
- $685
Break-even live
Sensitivity live
| Price | -10% $913 | -5% $799 | +0% $685 | +5% $571 | +10% $457 |
|---|---|---|---|---|---|
| Rent | -10% $389 | -5% $537 | +0% $685 | +5% $833 | +10% $982 |
| Rate | -1.0pp $851 | -0.5pp $769 | base $685 | +0.5pp $600 | +1.0pp $513 |
3-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 3× units | 2 | 1 | $3,753 |
| #1 | 2 | 1 | $1,251 |
| #2 | 2 | 1 | $1,251 |
| #3 | 2 | 1 | $1,251 |
| Total (3 units) | $3,754 | ||
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
- $82,500
- Closing costs
- $9,900
- 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 38 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 120 Burbank Dr NW Atlanta, GA | 3.0 | 2.0 | 1331 | $1,795 | $1.35 | 25d | 1 | 0.12mi |
| 1332 Akridge St NW Atlanta, GA | 3.0 | 2.0 | 1400 | $1,775 | $1.27 | 25d | 1 | 0.20mi |
| 1448 Rome Dr NW Unit 1448 Atlanta, GA | 3.0 | 2.5 | 1400 | $2,300 | $1.64 | 14d | 1 | 0.41mi |
| 1005 Westmoor Dr NW Unit A Atlanta, GA | 4.0 | 2.0 | 1348 | $1,695 | $1.26 | 25d | 1 | 0.48mi |
| 936 Mayson Turner Rd NW Atlanta, GA | 3.0 | 1.0–2.0 | 648 | $1,374 | $2.12 | 0d | 13 | 0.64mi |
| 272 Joseph E Lowery Blvd NW Atlanta, GA | 3.0 | 1.0 | 1230 | $1,800 | $1.46 | 25d | 1 | 0.67mi |
| 155 Rosser St SW Atlanta, GA | 3.0 | 2.0 | 1500 | $2,073 | $1.38 | 25d | 1 | 0.70mi |
| 891 Rock St NW Atlanta, GA | 2.0–3.0 | 2.0 | 1104 | $1,491 | $1.35 | 25d | 4 | 0.74mi |
| 557 Chappell Rd NW Atlanta, GA | 3.0 | 2.0 | 1264 | $1,850 | $1.46 | 6d | 1 | 0.77mi |
| 945 Palmetto Ave SW Atlanta, GA | 3.0 | 2.0 | 1200 | $3,500 | $2.92 | 25d | 1 | 0.82mi |
| 884 T P Burruss SR Dr SW Atlanta, GA | 3.0 | 2.0 | 1366 | $2,299 | $1.68 | 25d | 1 | 0.83mi |
| 195 W Lake Ave NW Unit 1 Atlanta, GA | 3.0 | 2.0 | 1245 | $2,850 | $2.29 | 0d | 1 | 0.83mi |
| 195 W Lake Ave NW Unit 1 Atlanta, GA | 3.0 | 2.0 | 1245 | $2,654 | $2.13 | 25d | 1 | 0.83mi |
| 60 Paschal Blvd NW Atlanta, GA | 1.0–3.0 | 1.0–2.5 | 945 | $1,625 | $1.72 | 25d | 25 | 0.86mi |
| 954 Parsons St SW Atlanta, GA | 4.0 | 3.5 | 1376 | $2,800 | $2.03 | 23d | 1 | 0.86mi |
| 1201 Westview Dr SW Atlanta, GA | 3.0 | 2.0 | 1040 | $2,050 | $1.97 | 25d | 1 | 0.87mi |
| 1181 Westview Dr SW Atlanta, GA | 4.0 | 2.0 | 1392 | $2,400 | $1.72 | 25d | 1 | 0.87mi |
| 390 W Lake Ave NW Apt A1 Atlanta, GA | 3.0 | 1.5 | 1256 | $1,299 | $1.03 | 25d | 1 | 0.89mi |
| 390 W Lake Ave NW Unit A10 Atlanta, GA | 3.0 | 1.5 | 1256 | $1,275 | $1.02 | 25d | 1 | 0.89mi |
| 1770 Springview Rd NW Atlanta, GA | 3.0 | 2.0 | 1262 | $2,000 | $1.58 | 25d | 1 | 0.92mi |
| 176 Racine St SW Atlanta, GA | 3.0 | 2.0 | 1423 | $2,800 | $1.97 | 25d | 1 | 0.96mi |
| 0 W Lake Ave NW Atlanta, GA | 3.0 | 2.5 | 1300 | $1,900 | $1.46 | 3d | 1 | 0.97mi |
| 557 W Lake Ave NW Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 1190 | $1,556 | $1.31 | 5d | 9 | 1.03mi |
| 2111 Martin Luther King Junior Dr NW Atlanta, GA | 3.0 | 1.0 | 1470 | $1,800 | $1.22 | 25d | 1 | 1.05mi |
| 1839 Penelope Rd NW Atlanta, GA | 3.0 | 1.0 | 988 | $1,400 | $1.42 | 25d | 1 | 1.13mi |
| 679 Jones Ave NW Atlanta, GA | 3.0 | 2.0 | 1350 | $2,195 | $1.63 | 25d | 1 | 1.15mi |
| 1155 Lucile Ave SW Apt 1 Atlanta, GA | 3.0 | 2.0 | 1026 | $1,775 | $1.73 | 25d | 1 | 1.22mi |
| 1916 Joseph E. Boone Blvd NW Unit A Atlanta, GA | 3.0 | 1.0 | 1100 | $1,550 | $1.41 | 22d | 1 | 1.24mi |
| 403 Elm St NW Atlanta, GA | 3.0 | 1.0 | 874 | $1,700 | $1.95 | 25d | 1 | 1.24mi |
| 308 Anderson Ave NW Unit A Atlanta, GA | 4.0 | 3.0 | 1250 | $2,200 | $1.76 | 25d | 1 | 1.32mi |
| 1948 Detroit Ave NW Unit A Atlanta, GA | 3.0 | 2.5 | 1205 | $1,900 | $1.58 | 25d | 1 | 1.34mi |
| 687 S Evelyn Pl NW Atlanta, GA | 3.0 | 2.5 | 1200 | $1,943 | $1.62 | 0d | 1 | 1.34mi |
| 1420 Ralph David Abernathy Blvd SW Atlanta, GA | 3.0 | 2.0 | 1306 | $2,400 | $1.84 | 25d | 1 | 1.39mi |
| 511 Emily Pl NW Atlanta, GA | 3.0 | 1.0 | 1101 | $1,745 | $1.58 | 25d | 1 | 1.42mi |
| 370 Northside Dr NW Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 981 | $2,025 | $2.06 | 0d | 25 | 1.43mi |
| 55 Maple St NW Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 862 | $2,170 | $2.52 | 5d | 35 | 1.46mi |
| 1619 Stokes Ave SW Atlanta, GA | 3.0 | 2.0 | 1332 | $2,400 | $1.80 | 4d | 1 | 1.47mi |
| 2057 Verbena St NW Atlanta, GA | 5.0 | 3.0 | 1260 | $1,800 | $1.43 | 15d | 1 | 1.47mi |
Listing history 29 events
-
2026-06-21pricedays on market $330,000 Active 47 DOM
-
2026-06-18days on market $340,000 Active 44 DOM
-
2026-06-17days on market $340,000 Active 43 DOM
-
2026-06-16days on market $340,000 Active 42 DOM
-
2026-06-15days on market $340,000 Active 41 DOM
-
2026-06-13days on market $340,000 Active 39 DOM
-
2026-06-13days on market $340,000 Active 38 DOM
-
2026-06-09days on market $340,000 Active 35 DOM
-
2026-06-08days on market $340,000 Active 34 DOM
-
2026-06-08remarks 699-char remark
-
2026-06-08price $340,000 Active 33 DOM
-
2026-06-07days on market $355,000 Active 33 DOM
Show marketing remark (1387 chars)
Attention investors and house-hackers: Unlock immediate equity and massive cash flow at 165 Burbank Dr NW, a versatile, all-brick triplex located in one of NW Atlanta's fastest-growing corridors. This incredible asset features a rare and highly desirable unit mix of one spacious 3BR/1BA unit and two 2BR/1BA units, all delivered 100% vacant so you can immediately place tenants at market rates or begin renovations without any inherited lease friction. Landlord expenses are kept incredibly low thanks to separate gas and electric meters, maximizing your net operating income. The financial math is undeniably strong, pushing a projected $4000+ monthly gross rent into a stellar pro-forma Cap Rate, making it a perfect fit for a traditional buy-and-hold, a high-yield PadSplit conversion, or a classic house-hack where the neighboring units cover your entire mortgage. Beyond the numbers, the location is a premier tenant magnet, situated just 0.3 miles from Washington Park, 0.4 miles from the Atlanta BeltLine Westside Trail, and less than a mile from the sprawling Westside Park and Bellwood Quarry. Offering the ultimate combination of immediate rental yield and long-term Westside appreciation, this property is primed for a quick acquisition, and since the seller is accepting all offers, now is your chance to bring your contractor, run the numbers, and submit your terms today.
-
2026-06-04days on market $355,000 Active 30 DOM
-
2026-06-03days on market $355,000 Active 29 DOM
-
2026-06-02days on market $355,000 Active 28 DOM
-
2026-06-01days on market $355,000 Active 27 DOM
-
2026-05-31days on market $355,000 Active 26 DOM
-
2026-05-05$355,000 Active 1049-char remark
Show marketing remark (1387 chars)
Attention investors and house-hackers: Unlock immediate equity and massive cash flow at 165 Burbank Dr NW, a versatile, all-brick triplex located in one of NW Atlanta's fastest-growing corridors. This incredible asset features a rare and highly desirable unit mix of one spacious 3BR/1BA unit and two 2BR/1BA units, all delivered 100% vacant so you can immediately place tenants at market rates or begin renovations without any inherited lease friction. Landlord expenses are kept incredibly low thanks to separate gas and electric meters, maximizing your net operating income. The financial math is undeniably strong, pushing a projected $4000+ monthly gross rent into a stellar pro-forma Cap Rate, making it a perfect fit for a traditional buy-and-hold, a high-yield PadSplit conversion, or a classic house-hack where the neighboring units cover your entire mortgage. Beyond the numbers, the location is a premier tenant magnet, situated just 0.3 miles from Washington Park, 0.4 miles from the Atlanta BeltLine Westside Trail, and less than a mile from the sprawling Westside Park and Bellwood Quarry. Offering the ultimate combination of immediate rental yield and long-term Westside appreciation, this property is primed for a quick acquisition, and since the seller is accepting all offers, now is your chance to bring your contractor, run the numbers, and submit your terms today.
-
2026-05-05$355,000 New 1049-char remark
Show marketing remark (1387 chars)
Attention investors and house-hackers: Unlock immediate equity and massive cash flow at 165 Burbank Dr NW, a versatile, all-brick triplex located in one of NW Atlanta's fastest-growing corridors. This incredible asset features a rare and highly desirable unit mix of one spacious 3BR/1BA unit and two 2BR/1BA units, all delivered 100% vacant so you can immediately place tenants at market rates or begin renovations without any inherited lease friction. Landlord expenses are kept incredibly low thanks to separate gas and electric meters, maximizing your net operating income. The financial math is undeniably strong, pushing a projected $4000+ monthly gross rent into a stellar pro-forma Cap Rate, making it a perfect fit for a traditional buy-and-hold, a high-yield PadSplit conversion, or a classic house-hack where the neighboring units cover your entire mortgage. Beyond the numbers, the location is a premier tenant magnet, situated just 0.3 miles from Washington Park, 0.4 miles from the Atlanta BeltLine Westside Trail, and less than a mile from the sprawling Westside Park and Bellwood Quarry. Offering the ultimate combination of immediate rental yield and long-term Westside appreciation, this property is primed for a quick acquisition, and since the seller is accepting all offers, now is your chance to bring your contractor, run the numbers, and submit your terms today.
-
2026-05-04historical $355,000 1049-char remark
Show marketing remark (1387 chars)
Attention investors and house-hackers: Unlock immediate equity and massive cash flow at 165 Burbank Dr NW, a versatile, all-brick triplex located in one of NW Atlanta's fastest-growing corridors. This incredible asset features a rare and highly desirable unit mix of one spacious 3BR/1BA unit and two 2BR/1BA units, all delivered 100% vacant so you can immediately place tenants at market rates or begin renovations without any inherited lease friction. Landlord expenses are kept incredibly low thanks to separate gas and electric meters, maximizing your net operating income. The financial math is undeniably strong, pushing a projected $4000+ monthly gross rent into a stellar pro-forma Cap Rate, making it a perfect fit for a traditional buy-and-hold, a high-yield PadSplit conversion, or a classic house-hack where the neighboring units cover your entire mortgage. Beyond the numbers, the location is a premier tenant magnet, situated just 0.3 miles from Washington Park, 0.4 miles from the Atlanta BeltLine Westside Trail, and less than a mile from the sprawling Westside Park and Bellwood Quarry. Offering the ultimate combination of immediate rental yield and long-term Westside appreciation, this property is primed for a quick acquisition, and since the seller is accepting all offers, now is your chance to bring your contractor, run the numbers, and submit your terms today.
-
2026-05-04historical $355,000 1049-char remark
Show marketing remark (1387 chars)
Attention investors and house-hackers: Unlock immediate equity and massive cash flow at 165 Burbank Dr NW, a versatile, all-brick triplex located in one of NW Atlanta's fastest-growing corridors. This incredible asset features a rare and highly desirable unit mix of one spacious 3BR/1BA unit and two 2BR/1BA units, all delivered 100% vacant so you can immediately place tenants at market rates or begin renovations without any inherited lease friction. Landlord expenses are kept incredibly low thanks to separate gas and electric meters, maximizing your net operating income. The financial math is undeniably strong, pushing a projected $4000+ monthly gross rent into a stellar pro-forma Cap Rate, making it a perfect fit for a traditional buy-and-hold, a high-yield PadSplit conversion, or a classic house-hack where the neighboring units cover your entire mortgage. Beyond the numbers, the location is a premier tenant magnet, situated just 0.3 miles from Washington Park, 0.4 miles from the Atlanta BeltLine Westside Trail, and less than a mile from the sprawling Westside Park and Bellwood Quarry. Offering the ultimate combination of immediate rental yield and long-term Westside appreciation, this property is primed for a quick acquisition, and since the seller is accepting all offers, now is your chance to bring your contractor, run the numbers, and submit your terms today.
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2026-04-30historical
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2026-04-16price $355,000
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2026-03-26status Back On Market
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2026-03-21historical Active Under Contract
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2026-02-18price $380,000
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2026-01-29$400,000 New
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2026-01-28historical
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1985-01-11soldstatus $45,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 6 d/yr ≥103°F today · 14 d/yr by 30 yrs out
- Wind 6/10 Major 27% 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
- $45,048
- − Mortgage interest
- −$18,485
- − Property taxes
- −$4,950
- − Insurance
- −$1,650
- − Repairs & maintenance
- −$3,604
- − Management
- −$3,604
- − Depreciation
- −$9,600
- Taxable income
- $3,155
- Est. tax owed @ 24.0%
- −$757
- After-tax cash flow
- $7,464/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
- Fulton County · 1,094,430 people
- City population
- 629,525
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 23,333
- Household income
- $42,089
- Rent vs Own
- Severe rent burden
- 1293.0
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 11% Hispanic / Latino 7% Asian 4% Two or more races 3%
- Hispanic origin (detail)
- Mexican 4% Dominican 1%
- Common ancestry
- Lithuanian 1%
- Foreign-born
- 6% · Canada, China, South Korea
- Languages at home
- 89% English-only · Spanish 5% 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
- ▼ -95.32%
- Current HPI
- 321.4626
- Rent YoY
- ▲ 2.53%
- 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
+655.6% since first listed14 events — show timeline
- 2026-06-08 Price Changed $340,000 FMLS
- 2026-06-07 Price Changed $340,000 GAMLS
- 2026-05-05 Listed $355,000 FMLS
- 2026-05-05 Listed $355,000 GAMLS
- 2026-05-04 Coming Soon $355,000 FMLS
- 2026-05-04 Coming Soon $355,000 GAMLS
- 2026-04-30 Listing Removed — GAMLS
- 2026-04-16 Price Changed $355,000 GAMLS
- 2026-03-26 Relisted — GAMLS
- 2026-03-21 Contingent — GAMLS
- 2026-02-18 Price Changed $380,000 GAMLS
- 2026-01-29 Listed $400,000 GAMLS
- 2026-01-28 Coming Soon — GAMLS
- 1985-01-11 Sold (Public Records) $45,000 Public Records
Property tax history
-10.4%/yrLatest (2025): $23 · -89.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…