235 Walnut Street
Atlanta, GA 30314
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Bed
0
Bath
0.13Acre(Lot)
235 Walnut is the kind of opportunity that rarely hits the market—an income-producing, strategically located property with both immediate cashflow and significant long-term development upside. Whether you’re a new investor entering the market or a seasoned buyer expanding your portfolio, this asset checks every box. This renovated studio quadruplex already generates impressive returns through a diverse mix of Airbnb and long-term rental income, giving investors the flexibility to capitalize on multiple revenue streams. With the existing updates and strong occupancy potential, there is still room to push rents and further increase NOI. But the true value of 235 Walnut extends far beyond the current structure. The property sits on a highly desirable lot with the potential to develop 4–5 mo
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Vinyl -
Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump Has Cooling: Yes Cooling: Heat Pump
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Building Information
Year Built: 1955 Construction Materials: Brick Private Pool: No Water front Features: Pond View: City, Park/Greenbelt
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Lot Information
Lot Dimensions: x Lot Size Acres: 0.1304 Lot Size Source: Public Records Lot Description: Corner LotProperty Information
Subdivision: Vine City Source Property Type: Residential Income Postal Code Plus 4: 4640 Property SubType: Quadruplex Levels: One Property Age: 71
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Listing Price Information
Listing Price: $650000 Cash, Conventional
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Tax Information
Parcel Number: 14 008300011842 Tax Year: 2025 Annual Tax: $5444 Tax Legal Desc: BEGINNING at a 1/2 inch rebar found at the corner formed by the intersection of the South side of Thurmond Street and the East side of Walnut Street; thence South 88 degrees 31 minutes 39 seconds East, along the South side of Thurmond Street, 54.90 Feet to an "X" found in the sidewalk; thence South 01 degree 29 minutes 15 seconds West, 90.5 feet to a 1/2 inch rebar found.
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Parking Information
Driveway, Varies by Unit
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School Information
Elementary School: M.R. Hollis Innovation AcademyJunior High School: M.R. Hollis Innovation AcademySenior High School: Booker T. Washington -
Utility Information
Cable Available, Electricity Available -
Location Information
Direction: Use GPS. Property on corner. Adjacent to park. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 111 Joseph E Lowery Bou.., Atlanta, GA, 30314 | $1,435,000 | -- | -- | -- | |
| 89 Ollie Street, Atlanta, GA, 30314 | $349,000 | -- | -- | -- | |
| 18 Stafford Street, Atlanta, GA, 30314 | $265,000 | -- | -- | -- | |
| 165 Burbank Drive, Atlanta, GA, 30314 | $340,000 | -- | -- | -- | |
| 79 Anderson Avenue, Atlanta, GA, 30314 | $300,000 | -- | -- | -- | |
| 377 #C Westchester Boul.., Atlanta, GA, 30314 | $500,000 | -- | -- | -- | |
| 377 #I Westchester Boul.., Atlanta, GA, 30314 | $500,000 | -- | -- | -- | |
| 2054 Joseph E Boone Bou.., Atlanta, GA, 30314 | $499,000 | -- | -- | -- |
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Nearby For Sale
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ByOwner last updated this listing 06/11/2026 @ 17:48
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