New

536 Elmwood Road NW

Atlanta, GA 30318
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Bed 5

Bed

Bath 3

Bath

SqFt2,127

Sqft

Acres0.40

Acre(Lot)

UNMATCHED VALUE and versatility in up-and-coming Grove Park! Zoned multi-family on a massive lot, this turnkey opportunity is priced to sell at $349,000. This fully renovated duplex delivers 5 bedrooms and 3 full bathrooms across two independent units sitting on an expansive 0.43-acre lot. Boasting a rare DOUBLE-FOOTPRINT compared to typical area parcels, this oversized lot represents a dream opportunity for both traditional homebuyers and investors alike. Recently updated from top-to-bottom with new appliances and modern finishes, this property offers incredible lifestyle and income options: * SMART HOMEOWNERSHIP ("HOUSE HACK"): Live in the spacious 3-bed, 2-bath unit and rent out the 2-bed, 1-bath suite to heavily offset your mortgage. * MULTIGENERATIONAL LIVING: Perfectly configure d to keep family close, use the lower level as a private, independent "mother-in-law" suite. * PURE INVESTMENT / DEVELOPMENT: Take advantage of the rare R-5 multi-family zoning. Keep it fully occupied as a high-yield duplex generating exceptional immediate cash flow (85% government subsidized), or capitalize on the massive footprint to build additional income units, an ADU, or expand the existing structure for MAXIMUM DENSITY and equity growth. Both light-filled units feature tiled flooring and separate utility meters for effortless management. Tenants and owners will love the shared access to an enormous backyard perfect for outdoor relaxation. Conveniently located to West Midtown, Downtown Atlanta, Georgia Tech, and Mercedes-Benz Stadium with easy access to public transit for an effortless city commute. Nature lovers and outdoor enthusiasts will enjoy immediate proximity to Shirley Clarke Franklin Park (formerly Westside Park)-Atlanta's largest park with a massive reservoir and scenic city skyline views, located just 1 mile from the property. This HIGH-DEMAND LOCATION positions buyers perfectly for long-term appreciation and quality occupancy. SHOWING DETAILS: Units are occupied; no lockbox on-site. All showings require a scheduled appointment. Broker will provide access.

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Detail Ic Property Details

Property Type : Residential

Price : $349,000

AD Id : 87764118

MLS Id : 10800831

Beds : 5

Lot Size : 0.40 Acre

Living Area Size : 2,127

Year Built : 1940

County : Fulton

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 5 Bedrooms On Upper Level: 0 Bedrooms On Lower Level: 2 Main Bedrooms: 3 Room Type: Family Room,Laundry Window Features: Insulated Windows

    Bathroom Information

    Total Baths: 3 Full Baths: 3 Half Baths: 0 Full Baths Main: 2 Baths Full Lower: 1 Baths Full Upper: 0

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Attic Expandable,Tile Bath Flooring: Carpet,Laminate

    Appliances

    Cooktop,Dishwasher,Dryer,Refrigerator

    Utilities

    Cable Available,Electricity Available,High Speed Internet,Underground Utilities
  • Cooling Features

    Central Air

    Heating Source

    Central

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1940 Roof Type: Composition Basement: Finished Levels: Two Property Age: 86
  • Laundry Features

    Common Area

    Construction Materials

    Press Board,Wood Siding

    Property Condition

    Updated/Remodeled

  • Lot Information

    Lot Size (Acr): 0.4 Lot Size Source: Public Records Lot Features: Level,Private
  • Property Information

    Property Type: Residential Property Sub Type: Conversion Structure Type: House Subdivision: None City: Atlanta State: GA Directions: USE GPS to locate the property. Property Status: New

  • Listing Price Information

    Original List Price: $349,000

  • Tax Information

    Annual Tax: $2747 Tax Year: 2024
  • Home Warranty

    Home Warranty Paid: No

  • Parking Information

    Parking Features: Parking Pad
  • Homeowners Association Information

    Association: No Association Fee Includes: None Community Features: Street Lights,Walk To Public Transit

  • School Information

    Elementary School: Woodson High School: Douglass Middle School: Woodson Source Neighborhood: None
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1248 Barnes Street NW, Atlanta, GA, 30318 $490,000 3 2 1,276 1,276 SqFt
1248 Barnes Street, Atlanta, GA, 30318 $490,000 3 2 --
1180 Holly Street, Atlanta, GA, 30318 $1,999,000 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 $1,170,000 4 3 --
1227 Atlantic Drive, Atlanta, GA, 30318 $1,170,000 4 4 --
1180 Atlantic Drive NW, Atlanta, GA, 30318 $597,400 2 2 1,373 1,373 SqFt
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
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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 07/20/2026 @ 12:28

MLS: 10800831 LISTED BY: Adrienne Osgood, Urban Key Realty 404-732-6529 SOURCE: Georgia MLS

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