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85 Meldon Avenue Se, Atlanta, GA 30315

$289,900
  • 85 Meldon Avenue Se, Atlanta, GA 30315 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,232 MLS#7731909
STATUS PROPERTY TYPEResidential - Single Family SUBDIVISIONSouth Atlanta SCHOOLThomas Heathe Slater - G.W. Carver

Property Description

This offering presents a prime opportunity to acquire a stabilized, income-producing residential investment property locatedin the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totalingapproximately 1,232 square feet, situated on a corner lot with a large, level backyard and convenient off-street parking.Originally utilized as a short-term rental (Airbnb), the property has since transitioned into a long-term tenancy, providingconsistent monthly income and reduced management intensity. The current lease ensures immediate cash flow uponacquisition, making this an ideal turnkey investment for both new and seasoned investors. The residence was built in 1920 and extensively updated to meet modern living standards whilemaintaining its classic architectural character. Interior improvements include refinished hardwoodflooring, a fully updated kitchen with white cabinetry and stainless-steel appliances, upgradedbathrooms, and high ceilings throughout. The exterior features low-maintenance vinyl siding and awelcoming front porch that enhances curb appeal.Strategically positioned near Downtown Atlanta, Mercedes-Benz Stadium, Hartsfield-JacksonInternational Airport, and the Pittsburgh Yards redevelopment, the property benefits from strongrental demand and long-term appreciation potential within this rapidly improving corridor.

85 Meldon Avenue Se | MLS# 7731909

This single family home located at 85 Meldon Avenue Se, Atlanta, GA 30315 is currently listed for sale with an asking price of $289,900. This property was built in 1920 and has 3 bedrooms and 2 full baths with 1232 sq. ft. Meldon Avenue Se is located in the South Atlanta subdivision within the Thomas Heathe Slater - G.W. Carver school district. Search South Atlanta real estate on www.clhomes.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air
Heating: Central, Forced Air, Electric
Home Style: Bungalow
Lot Size: 0.15 Acres
Roof Type: Composition
Taxes: $5,144
Year Built: 1920

Feature Descriptions

Appliances: Dishwasher, Electric Range
Bedroom Features: Master on Main
Days on Site: 6
Exterior: Frame, Vinyl Siding
Interior: High Ceilings 9 ft Main, Double Vanity, High Speed Internet, Entrance Foyer, Tray Ceiling(s)
Kitchen: Breakfast Bar, Cabinets White, Pantry, Stone Counters
Laundry: Laundry Closet, Main Level
Lot: Corner Lot, Back Yard, Level, Front Yard
Lot Dimensions: x
Master Bath: Double Vanity, Shower Only
Parking Notes: Parking Pad
Parking Total: 3
Road Frontage: City Street
Road Surface: Asphalt
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
Special View Info: City
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Water: Public

Local Schools

High School: G.W. Carver
Middle School: Judson Price
Elementary School: Thomas Heathe Slater
School District: Thomas Heathe Slater - G.W. Carver

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 770-993-9200

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: FMLS

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Estimated Payment

$ 1,158.41 per month $645.19 Principal & Interest $428.67 Property Tax $84.55 Homeowner's Insurance

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