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89 Ollie Street

Atlanta, GA 30314
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Bed --

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Bath 0

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Acres0.09

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Prime co-living investment opportunity in Atlanta’s rapidly developing Washington Park corridor! Fully vacant and ready for a new operator, this 10-bedroom / 2-bath duplex has historically generated $6,500–$6,900 per month under a previous co-living model, with area room-rental rates supporting $5,500–$7,500/mo in projected income depending on management strategy. Each level features its own private entrance, kitchen, and bath, creating two independent 5-bedroom co-living zones ideal for PadSplit-style operations, student housing, workforce housing, or transitional living. Located steps from Washington Park, the Westside BeltLine Trail, MARTA, and the AUC (Morehouse, Spelman, Clark Atlanta), this property attracts car-free tenants seeking affordable private rooms with unmatched access to transit, schools, and downtown employment centers. Investors will appreciate the strong rental demand, consistent occupancy history, and the ability to reposition the asset for higher NOI. The interior is functional and livable with basic updates, offering immediate income potential plus value-add upside through cosmetic improvements, window upgrades, and layout optimization. The lower unit includes multiple private rooms with a step-down entry; the upper unit offers larger bedrooms and a traditional layout. Both kitchens and baths are serviceable, and the property’s configuration maximizes bedroom count for high-yield co-living. This is a rare chance to acquire a fully vacant, high-density income property in one of Atlanta’s most active redevelopment zones. Whether you’re an experienced co-living operator or an investor seeking strong cash flow in an appreciating neighborhood, 89 Ollie St NW delivers scale, location, and opportunity. Sold as-is.

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Detail Ic Property Details

Property Type : Residential Income

Price : $349,000

AD Id : 78808990

MLS Id : 7772021

Lot Size : 0.09 Acre

Year Built : 1930

County : Fulton

Subdivision: Washington Park

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Feature Features

  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Window Features: Wood Frames, Aluminum Frames
  • Heating & Cooling

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

  • Building Information

    Year Built: 1930 Construction Materials: Frame, Wood Siding, Other Private Pool: No View: Other

  • Lot Information

    Lot Dimensions: 50x100 Lot Size Acres: 0.094 Lot Size Source: Public Records Lot Description: Sloped, Level

    Property Information

    Subdivision: Washington Park Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 96

  • Listing Price Information

    Listing Price: $349000 Cash, Conventional

  • Tax Information

    Parcel Number: 14 011500080849 Tax Lot: 16,17 Tax Block: 1 Tax Year: 2025 Annual Tax: $3854 Tax Legal Desc: Frank S Ellis Prop

  • Parking Information

    None

  • School Information

    Elementary School: M. A. Jones
    Junior High School: Herman J. Russell West End Academy
    Senior High School: Frederick Douglass
  • Utility Information

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

    Direction: Use GPS for best results. Street parking only. WaterSource: Public
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ByOwner last updated this listing 06/18/2026 @ 19:04

MLS: 7772021 LISTED BY: Harvey Johnson, Vylla Home 844-848-9623 SOURCE: First Multiple Listing Service (FMLS)

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