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PRICE $1,990,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 30,623 sqft

True Value-Add Opportunity in Atlanta's West End Area Exceptional investment potential in the Dixie Hills neighborhood, offering convenient access to nearby parks, I-20, and Downtown Atlanta. The current owner has made no efforts to increase rents or lease remaining vacancies in anticipation of a sale, leaving substantial upside on the table. Average in-place rents are only $800 per unit, well below market. This is not a cap-rate sale - the property is approximately 90% occupied and being sold strictly as-is, representing a true value-add opportunity based on future performance rather than current income. 20 units feature 2-bed/1-bath floor plans in classic condition. An existing studio room with a full bathroom (currently used by maintenance) brings the total to 21 units. Each unit includes central HVAC, in-unit laundry connections, and separately metered electric and gas; water is master-metered. The property enjoys easy access to I-20, Downtown Atlanta, and the West End. Notably, a $75.5 million bond was issued last year for the redevelopment project directly across the street - a strong signal of area revitalization and investor confidence. Comparable renovated units across the street rent for around $1,600 ($1500 if subsidized) per month, underscoring the significant rent growth potential. This is your chance to acquire a proven cash-flow opportunity in one of Atlanta's fastest-growing submarkets. Attractive financing is available.

DAYS ON MARKET 59 LAST UPDATED 12/18/2025
TRACT Dixie Hills YEAR BUILT 1956
COUNTY Fulton STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Usher
Jr. High School J. L. Invictus Academy
High School Douglass


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
BASEMENT Yes
CONSTRUCTION Brick
HEAT Central
LOT 0.703 acre(s)
PARKING Detached
SEWER Public Sewer
STORIES 3+
SUBDIVISION Dixie Hills
TAXES 7426
UTILITIES Underground Utilities
WATER Public
WATER ACCESS NONE
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Trend Atlanta Realty, Inc.
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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.

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