Active

219 Joseph E Lowery Boulevard

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 : 79457405

MLS Id : 7778016

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 beds: 4

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Basement: Crawl Space, Exterior Entry
Flooring Information

Ceramic Tile, Hardwood, Vinyl
Roofing Information

Composition
Interior Features

High Ceilings, High Speed Internet, Master Downstairs Roof: Composition Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer Laundry Features: Common Area, In Hall Window Features: Double Pane Windows
Heating & Cooling

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

Building Information

Year Built: 1930 Building Area Total: 1379 Construction Materials: Cement Siding, Concrete, Other Patio And Porch Features: Front Porch Pool Features: None Private Pool: No View: City
Exterior Features

Exterior Features: None

Lot Information

Lot Size Acres: 0.092 Lot Size Source: Assessor Lot Description: Back Yard, Landscaped

Property Information

Subdivision: Ashview Heights Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 96

Listing Price Information

Listing Price: $325000

Tax Information

Parcel Number: 14 011600091241 Tax Lot: 0 Tax Block: 0 Tax Year: 2024 Annual Tax: $4869 Tax Legal Desc: 0

Parking Information

Attached, Parking Pad

Garage Information

Has Attached Garage: Yes

School Information

Elementary School: M. A. Jones

Junior High School: Herman J. Russell West End Academy

Senior High School: Booker T. Washington
Utility Information

Cable Available, Electricity Available, Water Available
Location Information

Direction: Use GPS WaterSource: Public Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

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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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ByOwner last updated this listing 06/07/2026 @ 23:41

MLS: 7778016 LISTED BY: Adam Lewis, Keller Williams Realty Atl Partners 770-632-1112 SOURCE: First Multiple Listing Service (FMLS)