2247 Jernigan Drive SE
Atlanta, GA 30315
2
Bed
2
Bath
0.26Acre(Lot)
Investor special with income in place. This 2-bedroom, 2-bath home is a great opportunity for buyers looking to add an occupied rental to their portfolio. With a tenant already in place and Section 8 income of $1,201 per month, this property offers immediate cash flow from day one. The home features a functional layout with two spacious bedrooms and two full bathrooms, making it an appealing option for continued rental performance and long-term portfolio growth. For investors seeking flexibility, the current tenant is willing to relocate, making this property an attractive option for either a buy-and-hold investor or a fix-and-flip buyer looking to renovate and reposition the home.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total Bedrooms: 2 Bedrooms On Upper Level: 0 Bedrooms On Lower Level: 0 Main Bedrooms: 2 Room Type: Other Window Features: Insulated WindowsBathroom Information
Total Baths: 2 Full Baths: 2 Half Baths: 0 Full Baths Main: 2 Baths Full Lower: 0 Baths Full Upper: 0Water/Sewer
Water Source: Public Water BodyName: NONE Sewer: Public Sewer -
Interior Features
Other Flooring: HardwoodAppliances
RefrigeratorUtilities
Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available -
Cooling Features
Ceiling Fan(s),Central AirHeating Source
Forced Air,Natural GasFireplace
Number of Fireplaces: 1 Fireplace Features: Living Room
-
Building Information
Built Year: 1950 Roof Type: Composition Basement: Crawl Space Common Walls: No Common Walls Levels: One Property Age: 76 -
Security Features
Smoke Detector(s) -
Laundry Features
OtherFencing
WoodConstruction Materials
Wood SidingProperty Condition
Resale
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Lot Information
Lot Size (Acr): 0.263 Lot Size Source: Public Records Lot Features: None -
Property Information
Property Type: Residential Property Sub Type: Single Family Residence Structure Type: House Subdivision: Lakewood City: Atlanta State: GA Directions: Please use GPS Property Status: New
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Listing Price Information
Original List Price: $199,500
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Tax Information
Annual Tax: $2903 Tax Year: 2023 -
Home Warranty
Home Warranty Paid: No
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Parking Information
Parking: 0 Parking Features: Attached -
Homeowners Association Information
Association: No Annual Association Fee: 0 Calculated Total Monthly Association Fees: 0 Association Fee Includes: None Community Features: None
-
School Information
Elementary School: Cleveland High School: South Atlanta Middle School: King Source Neighborhood: Lakewood
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1149 Isa Drive, Atlanta, GA, 30315 | $275,000 | 3 | 2 | 1,039 | 0.23 Acre |
| 1254 Kipling Street, Atlanta, GA, 30315 | $230,000 | 3 | 1 | 896 | 0.29 Acre |
| 1254 Kipling Street SE, Atlanta, GA, 30315 | $230,000 | 3 | 1 | 896 | 0.29 Acre |
| 1149 Isa Drive SE, Atlanta, GA, 30315 | $275,000 | 3 | 2 | 1,039 | 0.23 Acre |
| 1112 Valley View Road SE, Atlanta, GA, 30315 | $150,000 | 4 | 1 | 1,401 | 0.35 Acre |
| 1171 Octavia Street SE, Atlanta, GA, 30315 | $246,900 | 3 | 1 | 900 | 0.45 Acre |
| 1080 Valley View Road, Atlanta, GA, 30315 | $225,000 | 5 | 2 | 1,400 | 0.42 Acre |
| 1080 Valley View Road SE, Atlanta, GA, 30315 | $225,000 | 5 | 2 | 1,400 | 0.42 Acre |
| 1140 Moreland Drive, Atlanta, GA, 30315 | $263,900 | 5 | 2 | -- | 0.33 Acre |
| 1101 Isa Drive, Atlanta, GA, 30315 | $270,000 | 4 | 2 | 1,138 | 0.37 Acre |
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Nearby For Sale
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 09/03/2026 @ 15:25
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