Active

1701 Hawthorne Avenue

Atlanta, GA 30337
Mark as Favorite
Bed --

Bed

Bath 0

Bath

Acres0.87

Acre(Lot)

Exceptional 16-unit apartment building in the heart of College Park, just steps from the prestigious Woodward Academy, downtown College Park, shopping, and only minutes to Hartsfield-Jackson International Airport. This fully renovated property offers a rare 7–8% cap rate and immediate cash flow with over $258,000 in annual income. The community features 12 spacious 2-bed/1-bath units and 4 well-designed studios. All units were fully upgraded in 2022 with quartz countertops, stainless steel appliances, Nest thermostats, and modern finishes. Most water heaters and HVAC systems are also nearly new, providing long-term efficiency and reduced maintenance. Currently, every unit except the model is leased to high-quality tenants, as units rarely sit empty due to high demand for good apartme nts. The property includes 28 dedicated parking spaces, a large maintenance shed, fiber-optic wiring, and a crawl space foundation that reduces upkeep expenses. This is a turnkey, stabilized asset that combines modern renovations with a strong tenant base in a high-demand location. A prime opportunity for investors seeking reliable returns, strong appreciation potential, and cash flow from day one.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $2,595,000

AD Id : 90994532

MLS Id : 7831622

Lot Size : 0.87 Acre

Tax Amount : 13742.00

Year Built : 1972

County : Fulton

Subdivision: College Park

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Flooring Information

    Carpet, Hardwood
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Window Features: Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1972 Construction Materials: Wood Siding Private Pool: No View: Rural

  • Lot Information

    Lot Dimensions: x Lot Size Acres: 0.872 Lot Size Source: Public Records Lot Description: Corner Lot

    Property Information

    Subdivision: College Park Source Property Type: Residential Income Levels: One Property Age: 54

  • Listing Price Information

    Listing Price: $2595000

  • Tax Information

    Parcel Number: 14 015900140665 Tax Year: 2024 Annual Tax: $13742 Tax Legal Desc: N/A

  • Parking Information

    Driveway, Parking Lot, See Remarks

  • School Information

    Elementary School: Parkside
    Junior High School: Paul D. West
    Senior High School: Tri-Cities
  • Utility Information

    Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Location Information

    Direction: Head south on Main St toward Harvard Ave. Turn left at the 1st cross street onto Harvard Ave. Turn left onto E Main St. Turn right onto Hawthorne Ave. WaterSource: Public Security Features: Carbon Monoxide Detector(s)
Sell a home like this and save $155,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1504 Hardin Avenue, Atlanta, GA, 30337 $399,000 3 4 1,516 0.14 Acre
3746 Myrtle Street, Atlanta, GA, 30337 $309,900 3 2 -- 0.17 Acre
1555 Walker Avenue, Atlanta, GA, 30337 $795,000 4 4 3,248 0.16 Acre
1555 Walker Avenue, Atlanta, GA, 30337 $795,000 4 4 3,248 0.16 Acre
3241 Adams Street, Atlanta, GA, 30337 $589,900 4 4 -- 0.18 Acre
3241 Adams Street, Atlanta, GA, 30337 $589,900 4 3 2,623 0.18 Acre
1643 Walker Avenue, Atlanta, GA, 30337 $699,999 4 3 -- 0.16 Acre
1643 Walker Avenue, Atlanta, GA, 30337 $699,999 4 3 2,500 0.16 Acre
1647 Walker Avenue, Atlanta, GA, 30337 $499,900 5 4 -- 0.16 Acre
1751 Temple Avenue, Atlanta, GA, 30337 $370,000 3 2 1,367 0.15 Acre

Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please (https://www.fmls.com/dmca.htm) to review our DMCA policy and learn how to submit a takedown request. © 2026 FMLS.

ByOwner last updated this listing 09/04/2026 @ 08:19

MLS: 7831622 LISTED BY: Hardeman Team, Hardeman Real Estate LLC 678-608-2546 SOURCE: First Multiple Listing Service (FMLS)

Homes around $2,595,000

Selling? Save $155,201 when you sell a home like this

Tour with a ByOwner Agent