1860 North Avenue Nw, Atlanta, GA 30318
Local realty services provided by:ERA Towne Square Realty, Inc.
1860 North Avenue Nw,Atlanta, GA 30318
$235,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kathleen levy
Office: keller williams realty metro atlanta
MLS#:7725578
Source:FIRSTMLS
Price summary
- Price:$235,000
About this home
Priced for the savvy investor, this high-performance value-add property (light cleanup, minor repairs and tree removal-roof was replaced in 2022 and HVAC was replaced in 2021) offers an immediate foothold in Atlanta’s rapidly appreciating Grove Park. Since 2022, the asset has established a robust performance history, currently generating an average monthly gross income of $3,764 (T-12) with a clear pro forma path to $4,805 and a projected 17.9% cash-on-cash return. This 1,770 sq ft residence features a high-density 7-bedroom, 2-bathroom layout perfectly optimized for a turnkey co-living investment. Situated on a quiet, well-maintained street backing up to a serene wooded buffer, the home offers a rare blend of privacy and premier accessibility—located just 250 feet from a MARTA stop and minutes from the heart of Downtown Atlanta. The property is strategically positioned to capitalize on the massive economic tailwinds surrounding Westside Park and major nearby redevelopments, including the 20-acre Cypress Grove project and the Microsoft-backed mixed-income community. With light renovations, an investor can maximize the existing revenue model in an "A+" location near prime shopping and dining. Featuring ample parking and situated in one of the city's most transformative growth corridors, 1860 North Avenue NW is a strategic asset ready to deliver immediate, scalable cash flow....
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Home facts
- Year built:1940
- Listing ID #:7725578
- Updated:April 12, 2026 at 01:32 PM
Rooms and interior
- Flooring:Ceramic Tile, Hardwood
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Composition, Shingle
- Year built:1940
- Lot area:0.25 Acres
- Construction Materials:Frame, Shingle Siding, Wood Siding
- Levels:1 Story
Schools
- High school:Fulton - Other
- Middle school:John Lewis Invictus Academy/Harper-Archer
- Elementary school:Woodson Park Academy
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$235,000
- Tax amount:$5,562 (2025)
Parking
- Total parking spaces:5
- Parking description:Paved
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