Active

2732 Oldknow Drive

Atlanta, GA 30318
Mark as Favorite
Bed 7

Bed

Bath 3

Bath

Acres0.29

Acre(Lot)

**Income-Producing Investment Opportunity in Historic Collier Heights!** Start earning **immediate rental income from day one** with this fully operational PadSplit investment located in Atlanta's historic **Collier Heights** community. Currently **5 of the 7 bedrooms are occupied by long-term tenants**, allowing the new owner to benefit from established cash flow immediately after closing while offering the opportunity to increase income by leasing the remaining two bedrooms. This spacious four-sided brick, two-story home is thoughtfully configured for shared living and features two separate kitchens, providing flexibility and convenience for tenants. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey property with income already in place, this property presents an exceptional opportunity. Located in the nationally recognized **Collier Heights Historic District**, one of Atlanta's most significant communities known for its beautiful mid-century homes, mature trees, and rich history, residents enjoy convenient access to Downtown Atlanta, West Midtown, Georgia Tech, Mercedes-Benz Stadium, major interstates (I-20 & I-285), public transportation, and the rapidly expanding Westside corridor. The nearby Westside Reservoir Park, shopping, dining, and employment centers continue to drive demand for quality housing in the area. Investment Highlights: * Current owner willing to manage property for 1 year! WIN for you- step into income without uncertainty. Newbies can learn the ropes. * Turnkey PadSplit investment * 5 of 7 bedrooms currently occupied by long-term tenants- take over lease or owner to provide notice prior to closing * Immediate cash flow at closing * Opportunity to increase revenue by leasing the remaining bedrooms * Two-story, four-sided brick construction * 2 separate kitchens for enhanced functionality * 3 full bathrooms Don't miss this opportunity to own a cash-flowing investment in one of Atlanta's most historic and rapidly evolving neighborhoods. Schedule your showing today and begin building wealth from day one!

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $345,000

AD Id : 89050030

MLS Id : 7815014

Beds : 7

Lot Size : 0.29 Acre

Year Built : 1962

County : Fulton

Subdivision: Collier Heights

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Hardwood, Ceramic Tile, Carpet
  • Roofing Information

    Shingle, Other
  • Interior Features

    Breakfast Bar, Eat-in Kitchen, Kitchen Island Roof: Shingle, Other Appliances: Dishwasher, Electric Cooktop, Microwave, Refrigerator Laundry Features: In Hall, Lower Level, Laundry Closet
  • Heating & Cooling

    Has Heating: Yes Heating: Central Cooling: None

  • Building Information

    Year Built: 1962 Construction Materials: Brick Patio And Porch Features: Front Porch Pool Features: None Private Pool: No View: City
  • Exterior Features

    Exterior Features: Private Yard, Other

  • Lot Information

    Lot Size Acres: 0.285 Lot Size Source: Public Records Lot Description: Back Yard

    Property Information

    Subdivision: Collier Heights Source Property Type: Residential Postal Code Plus 4: 7241 Property SubType: Single Family Residence Levels: Two Property Age: 64

  • Listing Price Information

    Listing Price: $345000 Cash, Conventional

  • Tax Information

    Parcel Number: 14 021000070109 Tax Block: 2 Tax Year: 2025 Annual Tax: $2337 Tax Legal Desc: 14 021000070109

  • Parking Information

    Parking Total: 4 Driveway

  • School Information

    Elementary School: Bazoline E. Usher/Collier Heights
    Junior High School: John Lewis Invictus Academy/Harper-Archer
    Senior High School: Frederick Douglass
  • Utility Information

    Electricity Available, Cable Available
  • Location Information

    Direction: From Downtown Atlanta, take I-20 West to I-285 North. Exit at Donald Lee Hollowell Parkway (US-78) and travel east. Turn left onto Collier Drive NW, then right onto Oldknow Drive NW. The property will be on your left at 2732 Oldknow Drive NW, Atlanta, GA 30318. GPS-friendly location. or From Donald Lee Hollowell Parkway, turn onto Collier Drive NW, then right onto Oldknow Drive NW. Property on left. WaterSource: Public Security Features: Smoke Detector(s)
Sell a home like this and save $20,201 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
1264 Fowler Street, Atlanta, GA, 30318 $968,000 5 6 3,100 3,100 SqFt
1264 Fowler Street NW, Atlanta, GA, 30318 $968,000 5 5 3,100 3,100 SqFt
1248 Barnes Street NW, Atlanta, GA, 30318 $490,000 3 2 1,276 1,276 SqFt
1180 Holly Street, Atlanta, GA, 30318 $1,950,000 4 5 --
1258 Holly Street NW, Atlanta, GA, 30318 $650,000 4 2 1,535 1,535 SqFt
1258 Holly Street, Atlanta, GA, 30318 $650,000 4 2 1,535 1,535 SqFt
1227 Atlantic Drive NW, Atlanta, GA, 30318 $998,000 4 3 --
1227 Atlantic Drive, Atlanta, GA, 30318 $998,000 4 4 --
1228 State Street, Atlanta, GA, 30318 $899,000 4 4 3,234 3,234 SqFt
1008 State Street NW, Atlanta, GA, 30318 $975,000 7 3 2,744 2,744 SqFt

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 08/18/2026 @ 00:07

MLS: 7815014 LISTED BY: LYNNISE KNOWLES, Area West Realty, LLC. 404-439-1026 SOURCE: First Multiple Listing Service (FMLS)

Homes around $345,000

Selling? Save $20,201 when you sell a home like this

Tour with a ByOwner Agent