375 Ralph Mcgill Blvd NE #1303 · Atlanta, GA 30312

$178,000

1 bd · 1.0 ba · 882 sqft · Condo public records · 66 Days on market

Built 1980 $202/sqft · 9% below area Est $196k · 9% under

---

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 +11.7/15.0
• Cash flow +6.8/30.0
• 1% rule +4.4/10.0
• Livability +4.2/5.0
• Rent growth +3.2/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• DSCR +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Experience the best of intown living in this beautiful condo located in the heart of Old Fourth Ward — just minutes from Midtown, Downtown, and easy access to the BeltLine. Enjoy a vibrant urban lifestyle with top-tier dining, shopping, and entertainment right outside your door. Situated on an upper level (13th floor), this quiet, southeastern-facing unit is filled with natural light, offering stunning skyline views and breathtaking morning sunrises. Floor-to-ceiling windows in both the living room and bedroom create a bright, open atmosphere, enhanced by light, airy paint tones that make the condo feel super spacious. The interior features a blend of ceramic tile and real hardwood flooring, along with generous storage options including a kitchen pantry, large hall closet, and additional storage above the washer/dryer. The kitchen is equipped with a stainless steel refrigerator and newer dishwasher, while the HVAC system was fully replaced in 2023 and window panes have been recently updated for added efficiency and comfort. A new washer/dryer combo is included for extra convenience. Step outside onto your private balcony, perfectly sized for a table and chairs, where you can relax and take in the city views. Both bedrooms offer comfortable space and functionality, including upgraded closet shelving in the front bedroom. Residents enjoy an impressive suite of amenities, including a 24-hour concierge, gated deeded parking, and access to a community clubroom, newly furnished fitness center, and a resort-style pool surrounded by lush, dog-friendly green space and scenic walking trails. This is an incredible opportunity to own an affordable, move-in-ready condo in one of Atlanta’s most sought-after neighborhoods. Photos may include virtual staging.

Key facts

• Natural light
• Upper level
• Parking

Tags

• UPPER LEVEL
• NATURAL LIGHT
• STUNNING SKYLINE VIEWS
• FLOOR-TO-CEILING WINDOWS
• GENEROUS STORAGE OPTIONS
• STAINLESS STEEL REFRIGERATOR

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $178k.

Deal economics

• At list price, monthly cash flow is $-280 ($-3k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $168k (5.6% below list).
• Recommended offer: $167k (6.0% below list) — sets the bar for market timing.
• Cap rate 4.4% 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 (+2.8%/yr); 237 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 66 days — a 6% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 9y ago; this cycle's ask has dropped $12k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 28% of rent.

Recommended offer $167,320 (6.0% 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 66 days. Have you received any prior offers? Is the seller open to a 6% 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. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. 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: 0.94% ✗
• Cap rate: 4.41%
• Cash-on-cash: -6.74%
• DSCR: 0.70
• GRM: 8.8

CMA / ARV

• ARV (median comp): $196,472
• List price: $178,000
• Delta: -9.40%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 2.84% rent growth · sell at horizon

5-year hold

• IRR: -28.0%
• Equity multiple: 0.06×
• Total profit: $-46,683
• Equity at exit: $26,540

10-year hold

• IRR: -26.8%
• Equity multiple: -0.28×
• Total profit: $-63,665
• Equity at exit: $15,390

Cash invested: $49,840 (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 30312

• Rents YoY: 2.8%
• Active inventory: 237
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,681 high
• Mortgage (P&I): −$933
• Tax from tax record: −$130 /mo · $1,565/yr
• Insurance: −$74
• HOA est. from 20 same-building comps: −$470
• Vacancy / Maint / Mgmt: −$353
• Net cashflow: $-280

Break-even live

Break-even rent $2,036

Max offer price $128,554

Occupancy floor —

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: $44,500
• Closing costs: $5,340
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
375 Ralph McGill Blvd NE #1305 Atlanta, GA	2.0	1.0	1080	$1,975	$1.83	14d	1	0.02mi
375 Ralph McGill Blvd NE Atlanta, GA	2.0	1.0	1015	$1,968	$1.94	24d	2	0.02mi
125 McGill Park Ave NE Atlanta, GA	1.0	1.0	1000	$2,100	$2.10	18d	1	0.10mi
386 Parkway Dr NE Apt 306 Atlanta, GA	1.0	1.0	615	$1,295	$2.11	5d	1	0.14mi
407 Angier Ave NE Unit 202 Atlanta, GA	2.0	1.0	860	$1,550	$1.80	22d	1	0.19mi
411 Parkway Dr NE Atlanta, GA	1.0	1.0	650	$1,200	$1.85	17d	1	0.20mi
428 Parkway Dr NE Unit 430 103 Atlanta, GA	2.0	1.0	700	$1,545	$2.21	3d	1	0.20mi
400 Central Park Pl NE Atlanta, GA	3.0	1.0–2.0	1013	$1,866	$1.84	1d	19	0.20mi
433 Highland Ave NE Atlanta, GA	1.0–2.0	1.0–2.0	885	$1,334	$1.51	2d	13	0.29mi
500 Parkway Dr NE Unit 02 Atlanta, GA	1.0	1.0	550	$1,425	$2.59	24d	1	0.31mi
512 Ralph McGill Blvd NE Atlanta, GA	1.0	1.0	900	$2,350	$2.61	24d	1	0.31mi
159 Ralph McGill Blvd NE Atlanta, GA	1.0	1.0	517	$1,412	$2.73	1d	3	0.37mi
525 Parkway Dr NE Atlanta, GA	1.0–2.0	1.0–2.5	907	$1,600	$1.76	4d	2	0.37mi
525 Parkway Dr NE Atlanta, GA	1.0–2.0	1.0–2.5	907	$1,445	$1.59	7d	3	0.37mi
19 Finch Trl NE Atlanta, GA	1.0	1.5	960	$1,950	$2.03	18d	1	0.39mi
250 Piedmont Ave NE Atlanta, GA	1.0–2.0	1.0–2.0	1110	$1,523	$1.37	2d	20	0.41mi
131 Ralph McGill Blvd NE Atlanta, GA	1.0	1.0	1000	$1,472	$1.47	17d	2	0.41mi
131 Ralph McGill Blvd NE Atlanta, GA	1.0	1.0	1000	$1,472	$1.47	22d	2	0.41mi
131 Ralph McGill Blvd NE Atlanta, GA	1.0	1.0	1000	$1,472	$1.47	20d	2	0.41mi
131 Ralph McGill Blvd NE Atlanta, GA	1.0	1.0	1000	$1,450	$1.45	15d	1	0.41mi
542 Unit 1299415P Atlanta, GA	1.0–2.0	1.0–2.0	742	$3,082	$4.15	11d	2	0.41mi
480 John Wesley Dobbs Ave NE #614 Atlanta, GA	1.0	1.0	795	$1,950	$2.45	18d	1	0.41mi
215 Piedmont Ave NE Atlanta, GA	2.0–3.0	1.0–2.0	1053	$1,930	$1.83	11d	3	0.42mi
215 Piedmont Ave NE Atlanta, GA	2.0–3.0	1.0–2.0	1053	$1,845	$1.75	4d	3	0.42mi
549 Highland Ave NE Unit 16 Atlanta, GA	1.0	1.0	725	$1,815	$2.50	24d	1	0.44mi
549 Highland Ave NE Unit 14 Atlanta, GA	1.0	1.0	725	$1,525	$2.10	24d	1	0.44mi
300 Cityline Ave NE Atlanta, GA	1.0–2.0	1.0–2.0	1025	$1,777	$1.73	1d	9	0.44mi
120 Ralph McGill Blvd NE #501 Atlanta, GA	1.0	1.0	560	$1,440	$2.57	11d	1	0.45mi
120 Ralph McGill Blvd NE #1511 Atlanta, GA	1.0	1.0	809	$1,395	$1.72	2d	1	0.45mi
220 Renaissance Pkwy NE #2111 Atlanta, GA	1.0	1.0	881	$1,900	$2.16	7d	1	0.45mi
450 Piedmont Ave NE Atlanta, GA	1.0–2.0	1.0–2.0	975	$1,430	$1.47	1d	12	0.45mi
555 Boulevard NE Atlanta, GA	2.0	1.0–2.0	586	$1,840	$3.14	1d	13	0.48mi
566 Rankin St NE Unit B Atlanta, GA	1.0	1.0	1061	$2,200	$2.07	18d	1	0.49mi
538 Winton Ter NE Unit B Atlanta, GA	1.0	1.0	662	$3,000	$4.53	7d	1	0.49mi
538 Winton Ter NE Unit A Atlanta, GA	1.0	1.0	662	$3,000	$4.53	20d	1	0.49mi
544 Winton Ter NE Atlanta, GA	2.0	1.0	837	$5,200	$6.21	20d	1	0.50mi
608 Ralph McGill Blvd NE Atlanta, GA	1.0–2.0	1.0–2.0	1007	$2,137	$2.12	1d	13	0.51mi
271 Glen Iris Dr NE Unit 2a Atlanta, GA	2.0	1.0	850	$1,450	$1.71	1d	1	0.51mi
215 North Ave NE Atlanta, GA	1.0–2.0	1.0–2.0	1044	$1,459	$1.40	24d	22	0.52mi
560 Winton Ter NE Unit 1 Atlanta, GA	2.0	1.0	810	$1,750	$2.16	24d	1	0.52mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Likely covers: poolgymdoormansecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 31 events

1. 2026-04-14
   price $178,000 1797-char remark

   Show marketing remark (1785 chars)

   Experience the best of intown living in this beautiful condo located in the heart of Old Fourth Ward - just minutes from Midtown, Downtown, and easy access to the BeltLine. Enjoy a vibrant urban lifestyle with top-tier dining, shopping, and entertainment right outside your door. Situated on an upper level (13th floor), this quiet, southeastern-facing unit is filled with natural light, offering stunning skyline views and breathtaking morning sunrises. Floor-to-ceiling windows in both the living room and bedroom create a bright, open atmosphere, enhanced by light, airy paint tones that make the condo feel super spacious. The interior features a blend of ceramic tile and real hardwood flooring, along with generous storage options including a kitchen pantry, large hall closet, and additional storage above the washer/dryer. The kitchen is equipped with a stainless steel refrigerator and newer dishwasher, while the HVAC system was fully replaced in 2023 and window panes have been recently updated for added efficiency and comfort. A new washer/dryer combo is included for extra convenience. Step outside onto your private balcony, perfectly sized for a table and chairs, where you can relax and take in the city views. Both bedrooms offer comfortable space and functionality, including upgraded closet shelving in the front bedroom. Residents enjoy an impressive suite of amenities, including a 24-hour concierge, gated deeded parking, and access to a community clubroom, newly furnished fitness center, and a resort-style pool surrounded by lush, dog-friendly green space and scenic walking trails. This is an incredible opportunity to own an affordable, move-in-ready condo in one of Atlanta's most sought-after neighborhoods. Photos may include virtual staging.

2. 2026-04-14
   price $178,000 1785-char remark

   Show marketing remark (1785 chars)

   Experience the best of intown living in this beautiful condo located in the heart of Old Fourth Ward - just minutes from Midtown, Downtown, and easy access to the BeltLine. Enjoy a vibrant urban lifestyle with top-tier dining, shopping, and entertainment right outside your door. Situated on an upper level (13th floor), this quiet, southeastern-facing unit is filled with natural light, offering stunning skyline views and breathtaking morning sunrises. Floor-to-ceiling windows in both the living room and bedroom create a bright, open atmosphere, enhanced by light, airy paint tones that make the condo feel super spacious. The interior features a blend of ceramic tile and real hardwood flooring, along with generous storage options including a kitchen pantry, large hall closet, and additional storage above the washer/dryer. The kitchen is equipped with a stainless steel refrigerator and newer dishwasher, while the HVAC system was fully replaced in 2023 and window panes have been recently updated for added efficiency and comfort. A new washer/dryer combo is included for extra convenience. Step outside onto your private balcony, perfectly sized for a table and chairs, where you can relax and take in the city views. Both bedrooms offer comfortable space and functionality, including upgraded closet shelving in the front bedroom. Residents enjoy an impressive suite of amenities, including a 24-hour concierge, gated deeded parking, and access to a community clubroom, newly furnished fitness center, and a resort-style pool surrounded by lush, dog-friendly green space and scenic walking trails. This is an incredible opportunity to own an affordable, move-in-ready condo in one of Atlanta's most sought-after neighborhoods. Photos may include virtual staging.

3. 2026-03-24
   price $185,000 1785-char remark

   Show marketing remark (1797 chars)

   Experience the best of intown living in this beautiful condo located in the heart of Old Fourth Ward — just minutes from Midtown, Downtown, and easy access to the BeltLine. Enjoy a vibrant urban lifestyle with top-tier dining, shopping, and entertainment right outside your door. Situated on an upper level (13th floor), this quiet, southeastern-facing unit is filled with natural light, offering stunning skyline views and breathtaking morning sunrises. Floor-to-ceiling windows in both the living room and bedroom create a bright, open atmosphere, enhanced by light, airy paint tones that make the condo feel super spacious. The interior features a blend of ceramic tile and real hardwood flooring, along with generous storage options including a kitchen pantry, large hall closet, and additional storage above the washer/dryer. The kitchen is equipped with a stainless steel refrigerator and newer dishwasher, while the HVAC system was fully replaced in 2023 and window panes have been recently updated for added efficiency and comfort. A new washer/dryer combo is included for extra convenience. Step outside onto your private balcony, perfectly sized for a table and chairs, where you can relax and take in the city views. Both bedrooms offer comfortable space and functionality, including upgraded closet shelving in the front bedroom. Residents enjoy an impressive suite of amenities, including a 24-hour concierge, gated deeded parking, and access to a community clubroom, newly furnished fitness center, and a resort-style pool surrounded by lush, dog-friendly green space and scenic walking trails. This is an incredible opportunity to own an affordable, move-in-ready condo in one of Atlanta’s most sought-after neighborhoods. Photos may include virtual staging.

4. 2026-03-24
   price $185,000 1797-char remark

   Show marketing remark (1797 chars)

   Experience the best of intown living in this beautiful condo located in the heart of Old Fourth Ward — just minutes from Midtown, Downtown, and easy access to the BeltLine. Enjoy a vibrant urban lifestyle with top-tier dining, shopping, and entertainment right outside your door. Situated on an upper level (13th floor), this quiet, southeastern-facing unit is filled with natural light, offering stunning skyline views and breathtaking morning sunrises. Floor-to-ceiling windows in both the living room and bedroom create a bright, open atmosphere, enhanced by light, airy paint tones that make the condo feel super spacious. The interior features a blend of ceramic tile and real hardwood flooring, along with generous storage options including a kitchen pantry, large hall closet, and additional storage above the washer/dryer. The kitchen is equipped with a stainless steel refrigerator and newer dishwasher, while the HVAC system was fully replaced in 2023 and window panes have been recently updated for added efficiency and comfort. A new washer/dryer combo is included for extra convenience. Step outside onto your private balcony, perfectly sized for a table and chairs, where you can relax and take in the city views. Both bedrooms offer comfortable space and functionality, including upgraded closet shelving in the front bedroom. Residents enjoy an impressive suite of amenities, including a 24-hour concierge, gated deeded parking, and access to a community clubroom, newly furnished fitness center, and a resort-style pool surrounded by lush, dog-friendly green space and scenic walking trails. This is an incredible opportunity to own an affordable, move-in-ready condo in one of Atlanta’s most sought-after neighborhoods. Photos may include virtual staging.

5. 2026-03-24
   listed $190,000 New 1785-char remark

   Show marketing remark (1797 chars)

   Experience the best of intown living in this beautiful condo located in the heart of Old Fourth Ward — just minutes from Midtown, Downtown, and easy access to the BeltLine. Enjoy a vibrant urban lifestyle with top-tier dining, shopping, and entertainment right outside your door. Situated on an upper level (13th floor), this quiet, southeastern-facing unit is filled with natural light, offering stunning skyline views and breathtaking morning sunrises. Floor-to-ceiling windows in both the living room and bedroom create a bright, open atmosphere, enhanced by light, airy paint tones that make the condo feel super spacious. The interior features a blend of ceramic tile and real hardwood flooring, along with generous storage options including a kitchen pantry, large hall closet, and additional storage above the washer/dryer. The kitchen is equipped with a stainless steel refrigerator and newer dishwasher, while the HVAC system was fully replaced in 2023 and window panes have been recently updated for added efficiency and comfort. A new washer/dryer combo is included for extra convenience. Step outside onto your private balcony, perfectly sized for a table and chairs, where you can relax and take in the city views. Both bedrooms offer comfortable space and functionality, including upgraded closet shelving in the front bedroom. Residents enjoy an impressive suite of amenities, including a 24-hour concierge, gated deeded parking, and access to a community clubroom, newly furnished fitness center, and a resort-style pool surrounded by lush, dog-friendly green space and scenic walking trails. This is an incredible opportunity to own an affordable, move-in-ready condo in one of Atlanta’s most sought-after neighborhoods. Photos may include virtual staging.

6. 2026-03-24
   listed $190,000 Active 1797-char remark

   Show marketing remark (1797 chars)

   Experience the best of intown living in this beautiful condo located in the heart of Old Fourth Ward — just minutes from Midtown, Downtown, and easy access to the BeltLine. Enjoy a vibrant urban lifestyle with top-tier dining, shopping, and entertainment right outside your door. Situated on an upper level (13th floor), this quiet, southeastern-facing unit is filled with natural light, offering stunning skyline views and breathtaking morning sunrises. Floor-to-ceiling windows in both the living room and bedroom create a bright, open atmosphere, enhanced by light, airy paint tones that make the condo feel super spacious. The interior features a blend of ceramic tile and real hardwood flooring, along with generous storage options including a kitchen pantry, large hall closet, and additional storage above the washer/dryer. The kitchen is equipped with a stainless steel refrigerator and newer dishwasher, while the HVAC system was fully replaced in 2023 and window panes have been recently updated for added efficiency and comfort. A new washer/dryer combo is included for extra convenience. Step outside onto your private balcony, perfectly sized for a table and chairs, where you can relax and take in the city views. Both bedrooms offer comfortable space and functionality, including upgraded closet shelving in the front bedroom. Residents enjoy an impressive suite of amenities, including a 24-hour concierge, gated deeded parking, and access to a community clubroom, newly furnished fitness center, and a resort-style pool surrounded by lush, dog-friendly green space and scenic walking trails. This is an incredible opportunity to own an affordable, move-in-ready condo in one of Atlanta’s most sought-after neighborhoods. Photos may include virtual staging.

7. 2022-07-18
   soldstatus $209,000
8. 2022-07-15
   soldstatus $209,000 Closed
9. 2022-07-15
   soldstatus $209,000 Sold
10. 2022-07-07
    status Under Contract
11. 2022-06-24
    status Pending
12. 2022-06-23
    status Pending
13. 2022-06-17
    historical Active Under Contract
14. 2022-06-17
    historical Active Under Contract
15. 2022-05-05
    price $212,000
16. 2022-05-04
    status Price Change
17. 2022-05-04
    status Active
18. 2022-05-04
    price $212,000
19. 2022-04-11
    status Pending
20. 2022-04-05
    historical Active Under Contract
21. 2022-04-05
    historical Active Under Contract
22. 2022-03-31
    listed $206,000 Active
23. 2022-03-31
    listed $206,000 New
24. 2017-06-20
    soldstatus $123,500
25. 2017-06-15
    soldstatus $123,500 Sold
26. 2017-06-15
    soldstatus $123,500 Sold
27. 2017-04-20
    status Under Contract
28. 2017-04-20
    historical Contingent - Due Diligence
29. 2017-03-27
    listed $128,500 New
30. 2017-03-27
    listed $128,500 Active
31. 2000-08-28
    soldstatus $133,225

ⓘ 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: $1,565 · $130/mo
• Projected year-2 tax: $1,638 · $136/mo
• Expected delta: +$72/yr (+$6/mo · 4.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $20,174
• − Mortgage interest: −$9,971
• − Property taxes: −$1,565
• − Insurance: −$890
• − Repairs & maintenance: −$1,614
• − Management: −$1,614
• − HOA: −$5,640
• − Depreciation: −$5,178
• Taxable loss: −$6,298
• Est. tax savings @ 24.0%: +$1,511
• After-tax cash flow: $-1,847/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): 26,942
• Household income: $82,779
• Rent vs Own: 65.0% rent · 35.0% own
• Severe rent burden: 2010.0

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: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Black 46% White 41% Hispanic / Latino 6% Two or more races 5% Asian 4%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Romanian 2% Lithuanian 1% Slovak 1%
• Foreign-born: 9% · Canada
• Languages at home: 88% 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: ▼ -507.19%
• Current HPI: 240.8692
• Rent YoY: ▲ 2.84%
• 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

+33.6% since first listed

31 events — show timeline

• 2026-04-14 Price Changed $178,000 FMLS
• 2026-04-14 Price Changed $178,000 GAMLS
• 2026-03-24 Price Changed $185,000 GAMLS
• 2026-03-24 Price Changed $185,000 FMLS
• 2026-03-24 Listed $190,000 FMLS
• 2026-03-24 Listed $190,000 GAMLS
• 2022-07-18 Sold (Public Records) $209,000 Public Records
• 2022-07-15 Sold (MLS) $209,000 GAMLS
• 2022-07-15 Sold (MLS) $209,000 FMLS
• 2022-07-07 Pending — GAMLS
• 2022-06-24 Pending — FMLS
• 2022-06-23 Pending — FMLS
• 2022-06-17 Contingent — FMLS
• 2022-06-17 Contingent — GAMLS
• 2022-05-05 Price Changed $212,000 FMLS
• 2022-05-04 Relisted — GAMLS
• 2022-05-04 Relisted — FMLS
• 2022-05-04 Price Changed $212,000 GAMLS
• 2022-04-11 Pending — FMLS
• 2022-04-05 Contingent — FMLS
• 2022-04-05 Contingent — GAMLS
• 2022-03-31 Listed $206,000 GAMLS
• 2022-03-31 Listed $206,000 FMLS
• 2017-06-20 Sold (Public Records) $123,500 Public Records
• 2017-06-15 Sold (MLS) $123,500 GAMLS
• 2017-06-15 Sold (MLS) $123,500 FMLS
• 2017-04-20 Pending — GAMLS
• 2017-04-20 Contingent — FMLS
• 2017-03-27 Listed $128,500 GAMLS
• 2017-03-27 Listed $128,500 FMLS
• 2000-08-28 Sold (Public Records) $133,225 Public Records

Property tax history

-0.3%/yr

Latest (2025): $1,565 · +3.4% YoY. Source: county tax records.