Brought to you by Southern Edge Realty
Save to Favorites
Print
Share
PRICE $305,000 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,232 sqft
LOT SIZE 6,491 sqft

This offering presents a prime opportunity to acquire a stabilized, income-producing residential investment property located in the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totaling approximately 1,232 square feet, situated on a corner lot with a large, level backyard and convenient off-street parking. Originally utilized as a short-term rental (Airbnb), the property has since transitioned into a long-term tenancy, providing consistent monthly income and reduced management intensity. The current lease ensures immediate cash flow upon acquisition, making this an ideal turnkey investment for both new and seasoned investors. The residence was built in 1920 and extensively updated to meet modern living standards while maintaining its classic architectural character. Interior improvements include refinished hardwood flooring, a fully updated kitchen with white cabinetry and stainless-steel appliances, upgraded bathrooms, and high ceilings throughout. The exterior features low-maintenance vinyl siding and a welcoming front porch that enhances curb appeal. Strategically positioned near Downtown Atlanta, Mercedes-Benz Stadium, Hartsfield-Jackson International Airport, and the Pittsburgh Yards redevelopment, the property benefits from strong rental demand and long-term appreciation potential within this rapidly improving corridor.

DAYS ON MARKET 58 LAST UPDATED 12/8/2025
TRACT South Atlanta YEAR BUILT 1920
GARAGE SPACES 3.0 COUNTY Fulton
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Slater
Jr. High School Price
High School Carver

PRICE HISTORY
Prior to Dec 8, '25 $355,000
Dec 8, '25 - Today $305,000


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher
BASEMENT None
CONSTRUCTION Vinyl Siding
GARAGE Yes
HEAT Central, Electric, Forced Air
INTERIOR Breakfast Bar, Double Vanity, Entrance Foyer, High Ceilings, High Speed Internet, Master Downstairs, Pantry, Tray Ceiling(s)
LOT 6490 sq ft
LOT DESCRIPTION Corner Lot, Level
PARKING Parking Pad
SEWER Public Sewer
STORIES 1
STYLE Bungalow/Cottage
SUBDIVISION South Atlanta
TAXES 5144
UTILITIES Cable Available, Electricity Available, Sewer Available, Water Available
VIEW Yes
VIEW DESCRIPTION City
WATER Public
WATER ACCESS NONE
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 85 MELDON AVENUE SE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Adam McGinnis to contact you even if your name is on a Federal or State "Do not call List".

Listed with Coldwell Banker Realty
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of GAMLS. All real estate listings are marked with the GAMLS Broker ReciprocitySM thumbnail logo and detailed information about them includes the name of the listing brokers.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright 2025 GAMLS. All rights reserved.

GAMLS Logo

This IDX solution is (c) Diverse Solutions 2025.