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969 Palmetto Avenue

Atlanta, GA 30314
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Bed --

Bed

Bath 0

Bath

Acres0.11

Acre(Lot)

Exceptional investment opportunity in Atlanta’s desirable West End, just minutes from the Atlanta University Center (AUC). This 15-unit rooming house is currently operated as a PadSplit-style shared housing property, generating approximately $10K in gross monthly income. Designed for consistent demand, the property benefits from its proximity to major employers, public transportation, downtown Atlanta, and multiple colleges and universities. The existing rooming house layout allows for efficient operations and strong cash flow, making it ideal for investors seeking immediate income with upside potential. Whether you’re expanding a PadSplit portfolio or looking for a high-yield asset in a rapidly appreciating area, this property delivers location, scale, and proven performance. ALL TENANTS ARE ON WEEKLY LEASES so new owner has no contractual obligations to keep current tenants. **CASH OR HARD MONEY ONLY*

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Detail Ic Property Details

Property Type : Residential Income

Price : $599,990

AD Id : 75201977

MLS Id : 7715908

Lot Size : 0.11 Acre

Year Built : 2003

County : Fulton

Subdivision: Ashview Heights

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Feature Features

  • Roofing Information

    Other
  • Interior Features

    Roof: Other Window Features: Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 2003 Construction Materials: Block Private Pool: No View: Other

  • Lot Information

    Lot Dimensions: x Lot Size Acres: 0.1148 Lot Size Source: Public Records Lot Description: Other

    Property Information

    Subdivision: Ashview Heights Source Property Type: Residential Income Postal Code Plus 4: 3127 Levels: Two Property Age: 23

  • Listing Price Information

    Listing Price: $599990

  • Tax Information

    Parcel Number: 14 011600050098 Tax Year: 2025 Annual Tax: $8203 Tax Legal Desc: x

  • Parking Information

    Driveway

  • School Information

    Elementary School: M. A. Jones
    Junior High School: Herman J. Russell West End Academy
    Senior High School: Booker T. Washington
  • Utility Information

    Cable Available, Electricity Available, Other
  • Location Information

    Direction: USE GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
581 Jones Avenue, Atlanta, GA, 30314 $349,500 5 2 --
250 Sunset Avenue, Atlanta, GA, 30314 $849,999 5 3 --
258 Sunset Avenue NW, Atlanta, GA, 30314 $725,000 5 4 5,614 5,614 SqFt
702 Foundry Street NW, Atlanta, GA, 30314 $749,900 3 2 --
702 Foundry Street, Atlanta, GA, 30314 $749,900 3 4 --
111 Griffin Street, Atlanta, GA, 30314 $259,440 4 2 1,312 1,312 SqFt
111 Griffin Street NW, Atlanta, GA, 30314 $259,440 4 2 1,312 1,312 SqFt
293 Griffin Street NW, Atlanta, GA, 30314 $285,000 2 2 --
293 Griffin Street, Atlanta, GA, 30314 $285,000 2 2 --
763 Jones Avenue NW, Atlanta, GA, 30314 $314,999 2 2 1,005 1,005 SqFt

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ByOwner last updated this listing 06/21/2026 @ 09:57

MLS: 7715908 LISTED BY: River Bonds, Fleur De Lee Realty, LLC 678-250-4114 SOURCE: First Multiple Listing Service (FMLS)

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