Active

667 Thurmond Street

Atlanta, GA 30314
Mark as Favorite
Bed --

Bed

Bath 0

Bath

Acres0.13

Acre(Lot)

Prime investment at 11% CAP rate and future redevelopment opportunity in Atlanta’s historic Vine City. Offered together, 667 and 673 Thurmond Street NW are two side-by-side duplexes featuring a total of four 1-bedroom, 1-bath units with Downtown Atlanta skyline views and an exceptional location near Mercedes-Benz Stadium, Vine City MARTA, nearby HBCUs, and the $60+ million Rodney Cook Sr. Park. Both buildings have new roofs, and three of the four units have been renovated with improvements including new flooring, countertops, appliances, bath vanities and updates, and mini-split HVAC systems. The remaining unit is occupied by a long-term tenant. All four units are currently leased, providing immediate income with an approximately 11% cap rate. Investors have multiple paths to consider: con tinue operating the properties as income-producing, Section 8-approved rentals or explore the site's significant future redevelopment potential. The properties have already been upzoned to accommodate greater density, creating the possibility of replacing the existing duplexes with a larger, potentially four-story development, subject to applicable zoning, permitting, and approvals. The location puts residents minutes from Castleberry Hill, Centennial Olympic Park, Georgia Aquarium, Georgia Tech, State Farm Arena, Georgia World Congress Center, Downtown Atlanta, and Mercedes-Benz Stadium, with MARTA access nearby. Vine City and the surrounding area continue to attract substantial public and private investment. Proposed, planned, and ongoing projects in the broader area include a 62-unit townhome development across from Rodney Cook Sr. Park near Walnut and Thurmond Streets; a 139-unit apartment community near Rodney Cook Sr. Park; and a 106-unit affordable senior housing development nearby. A consortium involved in a major Vine City mixed-use redevelopment has also been exploring additional opportunities in the area, while major property acquisition firms and mixed-income housing developers continue to invest and build throughout the neighborhood. With four leased units generating income today and zoning that may provide opportunities for greater density tomorrow, 667 & 673 Thurmond Street offer a compelling combination of current cash flow, strategic location, and long-term redevelopment potential in one of Atlanta’s most rapidly evolving intown neighborhoods.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential Income

Price : $550,000

AD Id : 91426257

MLS Id : 7838357

Lot Size : 0.13 Acre

Tax Amount : $1,636

Year Built : 1950

County : Fulton

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Window Features: Shutters, Wood Frames
  • Heating & Cooling

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

  • Building Information

    Year Built: 1950 Private Pool: No View: City, Trees/Woods

  • Lot Information

    Lot Dimensions: x Lot Size Acres: 0.127 Lot Size Source: Public Records Lot Description: Level, Wooded, Other

    Property Information

    Subdivision: Vine City Source Property Type: Residential Income Postal Code Plus 4: 3955 Property SubType: Duplex Levels: One Property Age: 76

  • Listing Price Information

    Listing Price: $550000

  • Tax Information

    Parcel Number: 14 011000030955 Tax Year: 2025 Annual Tax: $1636 Tax Legal Desc: Includes 2 Parces: Tax ID # 14-0110-0003-096-3 AND 14-0110-0003-095-5

  • Parking Information

    Parking Total: 4 None

  • School Information

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

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

    Direction: NO SHOWINGS until acceptable offer. Do NOT disturb tenants. WaterSource: Public Security Features: Carbon Monoxide Detector(s)
Sell a home like this and save $32,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
570 Thurmond Street, Atlanta, GA, 30314 $529,000 -- -- -- 0.09 Acre
556 Cairo Street, Atlanta, GA, 30314 $485,000 -- -- -- 0.11 Acre
89 Ollie Street, Atlanta, GA, 30314 $319,000 -- -- -- 0.09 Acre
1061 M L King Jr Drive, Atlanta, GA, 30314 $649,000 -- -- -- 0.15 Acre
1328 Sharon Street, Atlanta, GA, 30314 $499,900 -- -- -- 0.10 Acre
1409 Hawkins Street, Atlanta, GA, 30314 $319,000 -- -- -- 0.16 Acre
1891 Tremont Drive, Atlanta, GA, 30314 $715,000 -- -- -- 0.17 Acre
238 Anderson Avenue, Atlanta, GA, 30314 $500,000 -- -- -- 0.11 Acre
308 Anderson Avenue, Atlanta, GA, 30314 $489,000 -- -- -- 0.30 Acre
2008 Joseph E Boone Bou.., Atlanta, GA, 30314 $315,000 -- -- -- 0.18 Acre

Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please (https://www.fmls.com/dmca.htm) to review our DMCA policy and learn how to submit a takedown request. © 2026 FMLS.

ByOwner last updated this listing 09/23/2026 @ 03:16

MLS: 7838357 LISTED BY: Abbie Agents, Keller Williams Buckhead 404-604-3800 SOURCE: First Multiple Listing Service (FMLS)

Homes around $550,000

Selling? Save $32,501 when you sell a home like this

Tour with a ByOwner Agent