862 Mitchell Street, Atlanta, GA 30314

Atlanta
Local realty services provided by:ERA Towne Square Realty, Inc.
862 Mitchell Street,Atlanta, GA 30314
$489,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: rick wiley404-252-4908
Office: coldwell banker realty
MLS#:7748283
Source:FIRSTMLS

Price summary

  • Price:$489,000

About this home

Investor-friendly, income-producing triplex in Atlanta generating approximately $4,500 per month in stable rental revenue, offering a strong opportunity for both seasoned investors and owner-occupants seeking to house hack; renovated just two years ago, this well-maintained multifamily property features three income-generating units with Unit A leased at $1,600/month through the Atlanta Housing Authority, Unit B leased at $1,600/month through the Atlanta Housing Authority, and Unit C producing $1,300/month total across two separate rooms rented at $650/month each; Unit C may be delivered vacant at closing, providing flexibility for owner-occupancy, tenant repositioning, or rental strategy optimization; ideal for buyers seeking immediate cash flow with future upside potential in a growing Atlanta market;

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Home facts

  • Year built:1920
  • Listing ID #:7748283
  • Updated:April 07, 2026 at 10:12 AM

Rooms and interior

  • Flooring:Hardwood

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1920
  • Lot area:0.09 Acres
  • Levels:1 Story

Schools

  • High school:Frederick Douglass
  • Middle school:Herman J. Russell West End Academy
  • Elementary school:M. A. Jones

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$489,000
  • Tax amount:$3,803 (2024)

Parking

  • Total parking spaces:6
  • Parking description:Paved
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