235 Walnut Street Nw, Atlanta, GA 30314

Atlanta
Local realty services provided by:ERA Sunrise Realty
235 Walnut Street Nw,Atlanta, GA 30314
$650,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: chaz jenkins
Office: homesmart
MLS#:7742377
Source:FIRSTMLS

Price summary

  • Price:$650,000

About this home

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 modern townhomes, allowing an investor to maximize returns through ground-up construction in a rapidly appreciating corridor. This dual-path investment—cashflow now, major upside later—makes the...

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Home facts

  • Year built:1955
  • Listing ID #:7742377
  • Updated:May 15, 2026 at 01:30 PM

Rooms and interior

  • Flooring:Vinyl

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Roof:Shingle
  • Year built:1955
  • Lot area:0.13 Acres
  • Lot Features:Corner Lot
  • Levels:1 Story

Schools

  • High school:Booker T. Washington
  • Middle school:M.R. Hollis Innovation Academy
  • Elementary school:M.R. Hollis Innovation Academy

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Tax amount:$5,444 (2025)

Parking

  • Parking description:Driveway, Varies by Unit
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