New

219 Joseph E Lowery Boulevard SW

Atlanta, GA 30314

$325,000 $1,370/Mo

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Overview

Bed

Bath

1,379

Sqft

0.09

Acre(Lot)

Description

Turnkey Student Housing Investment Opportunity in the Heart of Atlanta! Investment Property Hitting The 1% Rule Just In Time For The 2026 World Cup In Atlanta. Add an instant, reliable cash-flowing asset to your rental portfolio with this fully occupied 4-bedroom, 2-full-bath rooming house generating $3,200 per month in gross room rentals, plus an additional $50-$75 per month in coin-operated laundry revenue. Positioned for premium student housing, this income-producing property is located directly between Ashview Heights and the prestigious Atlanta University Center (AUC), offering unbeatable proximity to Clark Atlanta University, Morehouse College, Spelman College, and Morris Brown College. This low-maintenance, turnkey asset features a new roof installed within the last 2 years, durable central air and heat, a recently updated shared kitchen, and absolutely no carpet for seamless tenant turnarounds. The property conveys with all existing tenants on mostly highly flexible month-to-month agreements, and the owner bills back directly for water and electricity, protecting your net operating income (NOI). Please note that Room 4 with the private full bath is not pictured, and all marketing photos are from a prior 2024 marketing period when the rooms were professionally cleaned and turned over. Do not miss this rare opportunity to secure immediate, passive cash flow with a strong 2-year track record of averaging ~$800 per room in a high-growth Atlanta submarket!

Property Details

Property Type : Residential

Price : $325,000

AD Id : 79349357

MLS Id : 10772654

Beds : 4

Lot Size : 0.09 Acre

Living Area Size : 1,379

Year Built : 1930

County : Fulton

Subdivision: Ashview Heights

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 4 Bedrooms On Upper Level: 0 Bedrooms On Lower Level: 0 Main Bedrooms: 4 Room Type: Other Window Features: Insulated Windows

Bathroom Information

Total Baths: 2 Full Baths: 2 Half Baths: 0 Full Baths Main: 2 Baths Full Lower: 0 Baths Full Upper: 0

Water/Sewer

Water Source: Public Sewer: Public Sewer
Kitchen Information

Kitchen: Solid Surface Counters Dining Room: Open Concept

Interior Features

High Ceilings,Master On Main Level,Pulldown Attic Stairs,Roommate Plan Flooring: Hardwood,Tile,Vinyl

Appliances

Dryer,Electric Water Heater,Microwave,Oven/Range (Combo),Refrigerator,Stainless Steel Appliance(s),Washer

Utilities

Cable Available,Electricity Available,High Speed Internet,Sewer Connected,Water Available
Cooling Features

Central Air

Heating Source

Central

Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 1930 Roof Type: Composition Basement: Crawl Space,Exterior Entry Common Walls: No Common Walls Levels: One Property Age: 96
Laundry Features

Common Area,In Hall

Patio And Porch

Porch

Fencing

Back Yard

Construction Materials

Concrete,Other

Property Condition

Resale

Lot Information

Lot Size (Acr): 0.092 Lot Size Source: Public Records Lot Features: City Lot
Property Information

Property Type: Residential Property Sub Type: Single Family Residence Structure Type: House Subdivision: Ashview Heights City: Atlanta State: GA Directions: Use GPS Property Status: New

Listing Price Information

Original List Price: $325,000

Tax Information

Annual Tax: $4868.59 Tax Year: 24
Home Warranty

Home Warranty Paid: No

Parking Information

Parking Features: Attached,Parking Pad
Homeowners Association Information

Association: No Association Fee Includes: None Community Features: Walk To Public Transit,Walk To Schools,Walk To Shopping

School Information

Elementary School: Jones High School: Booker T Washington Middle School: Herman J Russell Source Neighborhood: Ashview Heights

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
250 W Lake Avenue, Atlanta, GA, 30314	$225,000	3	2	1,123	1,123 SqFt
581 Jones Avenue, Atlanta, GA, 30314	$349,500	5	2	--
250 Sunset Avenue, Atlanta, GA, 30314	$849,999	5	3	--
258 Sunset Avenue, Atlanta, GA, 30314	$725,000	5	4	5,614	5,614 SqFt
111 Griffin Street, Atlanta, GA, 30314	$259,440	4	2	1,312	1,312 SqFt
111 Griffin Street, Atlanta, GA, 30314	$259,440	4	2	1,312	1,312 SqFt
293 Griffin Street, Atlanta, GA, 30314	$290,000	2	2	--
293 Griffin Street, Atlanta, GA, 30314	$290,000	2	2	--
763 Jones Avenue, Atlanta, GA, 30314	$314,999	2	2	1,005	1,005 SqFt
763 Jones Avenue, Atlanta, GA, 30314	$314,999	2	2	1,005	1,005 SqFt

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.

ByOwner last updated this listing 06/09/2026 @ 16:10

MLS: 10772654 LISTED BY: Adam Lewis, Keller Williams Realty Atl. Partners 770-632-1112 SOURCE: Georgia MLS