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504 Morgan Street

Atlanta, GA 30308

$1,345,000 $5,670/Mo

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Overview

Bed

Bath

0.07

Acre(Lot)

Description

Modern Intown Rental Asset | $10K–$13K Monthly Income | Flexible 2-Unit Configuration. This modern in-town property offers a rare opportunity to acquire a flexible residential asset with proven income potential in the hot and happening Old Fourth Ward neighborhood just steps from Ponce City Market, Eastside Betline Trail, Krog Market and so much more. The home has demonstrated solid rental performance of $10,500/month as a full-home (long-term) rental, with historical income above $13,000/month when utilizing separate upper and lower living spaces. Originally built as a personal home, the residence was owner-occupied until mid 2023. It's easy to maintain & has very low expenses. Can be offered furnished as per the pictures. The layout includes a private-entry lower-level suite, allowin g for: Dual rental configuration, Owner + Tenant, Mid-term or long-term rental strategies. With no HOA and fee-simple ownership, investors/owners benefit from maximum operational flexibility. This sophisticated three-level modern residence offers luxury living in the heart of Atlanta’s coveted Old Fourth Ward. The home combines architectural design, premium materials, and an unbeatable in-town location steps from Ponce City Market, Historic Fourth Ward Park, and the Atlanta BeltLine. Flooded with natural light, the home features contemporary aluminum windows throughout, highlighted by a dramatic 8-foot-wide by 16-foot-tall statement window in a double-height living space facing the street, beautifully framing a custom chandelier. Walnut hardwood flooring runs throughout, adding warmth and continuity to the clean modern design. The designer kitchen features natural maple veneer cabinetry with drawer-based base cabinets for optimal storage, a full-height marble backsplash, and a striking statement exhaust hood. The main-level primary suite provides exceptional convenience and privacy, complete with a walk-through dressing room with built-in closets. The European spa-inspired bath features floor-to-ceiling tile, a wet room with dual showers, a 72-inch whirlpool tub, and floating vanities. Step directly onto a private deck finished with durable composite decking and sleek metal railings. Upstairs, a junior suite with a private bath is joined by two additional bedrooms and another full bath. All enjoy shared access to a turfed second-level deck, prewired for an outdoor bar with sink and beverage cooler—perfect for entertaining. The ground level includes a rare two-car garage with EV connection and a separate lock-off 1BR/1BA in-law suite, ideal for guests, extended family, or rental flexibility. Completing the architectural composition is beautiful natural redwood tongue-and-groove accent siding, adding warmth and texture to the home’s modern exterior. Seize the opportunity to own a brand-new architectural home in one of Atlanta’s most vibrant neighborhoods.

Property Details

Property Type : Residential Income

Price : $1,345,000

AD Id : 77036338

MLS Id : 7752030

Lot Size : 0.07 Acre

Year Built : 2016

County : Fulton

Map

What's Nearby

Nearby Areas

Features

Flooring Information

Hardwood, Tile
Roofing Information

Composition
Interior Features

Roof: Composition Window Features: Aluminum Frames
Heating & Cooling

Has Heating: Yes Heating: Central, Electric, Forced Air, Heat Pump Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump

Building Information

Year Built: 2016 Construction Materials: HardiPlank Type, Spray Foam Insulation, Wood Siding Private Pool: No View: City

Lot Information

Lot Dimensions: x Lot Size Acres: 0.074 Lot Size Source: Public Records Lot Description: Zero Lot Line

Property Information

Subdivision: None Source Property Type: Residential Income Postal Code Plus 4: 2821 Levels: Three Or More Property Age: 10

Listing Price Information

Listing Price: $1345000 Original Price: $1395000

Tax Information

Parcel Number: 14 004700031506 Tax Year: 2025 Annual Tax: $11910 Tax Legal Desc: x

Parking Information

Parking Total: 2 Garage

Garage Information

Has Garage: Yes

School Information

Elementary School: John Hope-Charles Walter Hill

Junior High School: David T Howard

Senior High School: Midtown
Utility Information

Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Location Information

Direction: Use Google Maps - 504 Morgan St Ne 30308 WaterSource: Public Security Features: Carbon Monoxide Detector(s)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
710 Lakeview Avenue, Atlanta, GA, 30308	$599,900	3	2	--
873 Monroe Circle, Atlanta, GA, 30308	$1,625,000	5	5	--
873 Monroe Circle, Atlanta, GA, 30308	$1,625,000	5	5	--
567 Ponce De Leon Avenu.., Atlanta, GA, 30308	$799,000	2	3	--
567 Ponce De Leon Avenu.., Atlanta, GA, 30308	$394,000	1	1	--
567 Ponce De Leon Avenu.., Atlanta, GA, 30308	$599,000	2	2	--
567 Ponce De Leon Avenu.., Atlanta, GA, 30308	$809,000	2	2	--
567 Ponce De Leon Avenu.., Atlanta, GA, 30308	$464,000	1	1	630	630 SqFt
567 Ponce De Leon Avenu.., Atlanta, GA, 30308	$609,000	2	1	1,052	1,052 SqFt
537 Winton Terrace, Atlanta, GA, 30308	$845,000	4	3	3,300	3,300 SqFt

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ByOwner last updated this listing 06/15/2026 @ 15:57

MLS: 7752030 LISTED BY: Farida Lalani, Virtual Properties Realty.Net, LLC. 770-495-5050 SOURCE: First Multiple Listing Service (FMLS)