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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 New
BEDS3 BATHS2 full SQUARE FEET1,232 MLS#10707046
STATUSNew PROPERTY TYPEResidential - Single Family SUBDIVISIONSouth Atlanta NEIGHBORHOODAtlanta

Property Description

This offering presents a prime opportunity to acquire a stabilized, income-producing residential investment property located in the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totaling approximately 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, providing consistent monthly income and reduced management intensity. The current lease ensures immediate cash flow upon acquisition, 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 while maintaining its classic architectural character. Interior improvements include refinished hardwood flooring, a fully updated kitchen with white cabinetry and stainless-steel appliances, upgraded bathrooms, and high ceilings throughout. The exterior features low-maintenance vinyl siding and a welcoming front porch that enhances curb appeal. Strategically positioned near Downtown Atlanta, Mercedes-Benz Stadium, Hartsfield-Jackson International Airport, and the Pittsburgh Yards redevelopment, the property benefits from strong rental demand and long-term appreciation potential within this rapidly improving corridor.

85 Meldon Avenue Se | MLS# 10707046

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. Search South Atlanta real estate on www.clhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: None
Cooling: Ceiling Fan(s), Central Air
Garage: 3
Heating: Central, Electric, Forced Air
Home Style: Bungalow/Cottage
Lot Size: 0.15 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $5,144
Year Built: 1920

Feature Descriptions

Additional Rooms: Foyer, Other
Appliances: Dishwasher
Days on Site: 5
Exterior: Vinyl Siding
Flooring: Hardwood, Tile
Foundation: Slab
Interior: Double Vanity, High Ceilings, Master On Main Level, Tray Ceiling(s)
Kitchen: Breakfast Bar, Pantry
Parking Notes: Parking Pad
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Topography: Corner Lot, Level
Utilities: Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Available
Water: Public
Window Features: Double Pane Windows

Local Schools

High School: Carver
Middle School: Price
Elementary School: Slater

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: GAMLS

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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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