969 Palmetto Avenue Sw, Atlanta, GA 30314

Atlanta
Local realty services provided by:ERA Towne Square Realty, Inc.
969 Palmetto Avenue Sw,Atlanta, GA 30314
$599,990
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: river bonds
Office: fleur de lee realty, llc.
MLS#:7715908
Source:FIRSTMLS

Price summary

  • Price:$599,990

About this home

Exceptional investment opportunity in Atlanta’s desirable West End, just minutes from the Atlanta University Center (AUC). This 15-unit rooming house is currently operated as a PadSplit-style shared housing property, generating approximately $10K in gross monthly income. Designed for consistent demand, the property benefits from its proximity to major employers, public transportation, downtown Atlanta, and multiple colleges and universities. The existing rooming house layout allows for efficient operations and strong cash flow, making it ideal for investors seeking immediate income with upside potential. Whether you’re expanding a PadSplit portfolio or looking for a high-yield asset in a rapidly appreciating area, this property delivers location, scale, and proven performance. ALL TENANTS ARE ON WEEKLY LEASES so new owner has no contractual obligations to keep current tenants. **CASH OR HARD MONEY ONLY*

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Home facts

  • Year built:2003
  • Listing ID #:7715908
  • Updated:May 15, 2026 at 01:30 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2003
  • Lot area:0.11 Acres
  • Construction Materials:Block
  • Levels:2 Story

Schools

  • High school:Booker T. Washington
  • Middle school:Herman J. Russell West End Academy
  • Elementary school:M. A. Jones

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,990
  • Tax amount:$8,203 (2025)

Parking

  • Parking description:Driveway, Level Driveway
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