240 Wellington Street, Atlanta, GA 30314
Local realty services provided by:ERA Sunrise Realty
240 Wellington Street,Atlanta, GA 30314
$457,647
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jami purser
Office: purser realty, llc.
MLS#:7629838
Source:FIRSTMLS
Price summary
- Price:$457,647
About this home
Calling All Investors! Located in the sought-after Historic Mozley Park neighborhood, this spacious 4,550 square foot 1938 home sits on a .30-acre lot and is bursting with potential. Currently configured with 10 bedrooms and 3 bathrooms, this property has operated as a successful rent-per-room investment for the past 16 years. Originally a triplex (last used as such in 2009), each unit featured 3 bedrooms and 1 bathroom-making this an ideal candidate for conversion back to a multi-family setup with the proper zoning variance. Though in the historic Mozley Park area, this property is NOT located in a historic preservation zone, giving buyers more flexibility for renovations and development. The neighborhood has seen significant upward growth over the past 3 years, with beautifully renovated homes appearing daily-and its close proximity to the Atlanta BeltLine only adds to the appeal and long-term value. Whether you're looking to restore it as a grand single-family home, reconfigure it as a profitable triplex, or continue its use as a high-yield rental, this is an opportunity you don't want to miss. Currently tenant-occupied, and ready for its next chapter with a little vision and TLC!
Contact an agent
Home facts
- Year built:1938
- Listing ID #:7629838
- Updated:November 12, 2025 at 02:25 PM
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1938
- Lot area:0.3 Acres
Schools
- High school:Frederick Douglass
- Middle school:John Lewis Invictus Academy/Harper-Archer
- Elementary school:F. L. Stanton
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$457,647
- Tax amount:$6,228 (2024)
New listings near 240 Wellington Street
- New
$449,000Active4 beds 3 baths2,496 sq. ft.912 Ira Street Sw, Atlanta, GA 30310
MLS# 7677456Listed by: VERIBAS REAL ESTATE, LLC - New
$230,000Active4 beds 4 baths1,496 sq. ft.726 Celeste Lane Sw, Atlanta, GA 30331
MLS# 7679949Listed by: EPIQUE REALTY - New
$189,000Active3 beds 1 baths1,450 sq. ft.1401 Washington Road, Atlanta, GA 30344
MLS# 7680189Listed by: THE REALTY GROUP - New
$429,000Active2 beds 3 baths1,850 sq. ft.8620 Hope Mews Court, Atlanta, GA 30350
MLS# 7679942Listed by: KELLER WILLIAMS REALTY ATL PARTNERS - New
$360,000Active4 beds 3 baths2,242 sq. ft.2840 Stonewall Lane Sw, Atlanta, GA 30331
MLS# 7680167Listed by: THE REALTY GROUP - New
$325,000Active1 beds 1 baths1,021 sq. ft.3621 Vinings Slope Se #3311, Atlanta, GA 30339
MLS# 7680182Listed by: HESTER GROUP REALTORS - New
$265,000Active2 beds 2 baths1,250 sq. ft.3648 Peachtree Road Ne #1A, Atlanta, GA 30319
MLS# 7679835Listed by: ENGEL & VOLKERS ATLANTA - New
$130,000Active1 beds 1 baths586 sq. ft.32 Peachtree Street Nw #705, Atlanta, GA 30303
MLS# 7680164Listed by: HOMESMART - New
$339,999Active4 beds 2 baths1,850 sq. ft.1754 Shirley Street Sw, Atlanta, GA 30310
MLS# 7680067Listed by: THE REALTY GROUP - New
$435,000Active2 beds 2 baths1,230 sq. ft.3235 Roswell Road Ne #609, Atlanta, GA 30305
MLS# 7680129Listed by: KELLER KNAPP