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297 Burbank Drive

Atlanta, GA 30314
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Acres0.65

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297 Burbank Dr NW offers a fully renovated, fully occupied ten-unit multifamily property positioned in one of Atlanta’s most rapidly developing neighborhoods. The building includes six 1-bedroom, 1-bath units of approximately 500 square feet each and four 2-bedroom, 1-bath units of approximately 750 square feet. In 2021, the entire structure underwent a comprehensive renovation that included new framing, drywall, electrical, plumbing, HVAC systems, flooring, roof, and all appliances. Since completion, the property has been consistently and professionally maintained, providing a true turnkey investment with no deferred maintenance. Every unit is occupied with long-term, stable tenants, generating reliable cash flow. Current rents remain below market, offering clear upside potential for i ncreases without requiring additional capital improvements. The strong tenant retention reflects both the quality of the renovation and the desirability of the location. The property sits in a prime in-town Atlanta corridor, minutes from Downtown, Georgia Tech, the Atlanta University Center, Mercedes-Benz Stadium, and major transportation routes including I-20 and I-75/85. It is also close to the Atlanta BeltLine and several neighborhood parks, adding to its appeal for residents seeking walkability and outdoor access. The surrounding area continues to experience significant redevelopment and investment, driving demand and long-term appreciation. This is an ideal moment to step into a stabilized, income-producing asset with built-in growth potential in one of Atlanta’s most active development zones.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,800,000

AD Id : 89050264

MLS Id : 7814781

Lot Size : 0.65 Acre

Tax Amount : 15645.00

Year Built : 1963

County : Fulton

Subdivision: Hunter Hills

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Feature Features

  • Flooring Information

    Ceramic Tile, Laminate
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Window Features: Double Pane Windows
  • Heating & Cooling

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

  • Building Information

    Year Built: 1963 Construction Materials: Brick Private Pool: No View: City, Creek/Stream

  • Lot Information

    Lot Dimensions: 177x321x13x281 Lot Size Acres: 0.65 Lot Size Source: Public Records Lot Description: Sloped

    Property Information

    Subdivision: Hunter Hills Source Property Type: Residential Income Postal Code Plus 4: 2374 Levels: Two Property Age: 63

  • Listing Price Information

    Listing Price: $1800000

  • Tax Information

    Parcel Number: 14 014200030346 Tax Year: 2025 Annual Tax: $15645 Tax Legal Desc: Hunter Hills neighborhood, Fulton County, Atlanta, tax ID 14-0142-0003-034-6

  • Parking Information

    Driveway

  • School Information

    Elementary School: M.R. Hollis Innovation Academy
    Junior High School: M.R. Hollis Innovation Academy
    Senior High School: Booker T. Washington
  • Utility Information

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

    Direction: Use GPS WaterSource: Public Security Features: Carbon Monoxide Detector(s)
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Nearby Home Value

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594 Parsons Street, Atlanta, GA, 30314 $375,000 3 3 1,639 0.19 Acre
594 Parsons Street, Atlanta, GA, 30314 $375,000 -- -- -- 0.19 Acre
594 Parsons Street SW, Atlanta, GA, 30314 $375,000 3 2 1,639 0.19 Acre
385 Elm Street, Atlanta, GA, 30314 $379,900 3 3 1,407 0.12 Acre
658 Magnolia Street, Atlanta, GA, 30314 $280,000 3 3 -- 0.09 Acre
658 Magnolia Street NW, Atlanta, GA, 30314 $280,000 3 2 2,040 0.09 Acre
385 Elm Street NW, Atlanta, GA, 30314 $379,900 3 3 1,407 0.12 Acre
250 Sunset Avenue, Atlanta, GA, 30314 $799,999 5 3 -- 0.39 Acre
258 NW Sunset Avenue, Atlanta, GA, 30314 $700,000 5 4 5,614 0.31 Acre
258 Sunset Avenue NW, Atlanta, GA, 30314 $700,000 5 4 5,614 0.31 Acre

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ByOwner last updated this listing 09/13/2026 @ 12:47

MLS: 7814781 LISTED BY: Ailone Tichon, Wynd Realty, LLC 404-933-4017 SOURCE: First Multiple Listing Service (FMLS)

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