$440,000

1170 Donnelly Avenue SW, Atlanta, GA 30310

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2023
  • Property Lot Size Icon7,013sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

**Value-Add | Near-Completion | Multi-Exit Investment Opportunity** **7 Bedrooms | 5.5 Bathrooms | 3,175 SF | West End Historic District, Atlanta** This is a rare opportunity to acquire a large-format, income-producing asset at a below-market basis in one of Atlanta's fastest-growing corridors. Located in the West End Historic District, the property sits within minutes of the BeltLine Westside Trail, Atlanta University Center, MARTA, Downtown Atlanta, and Hartsfield-Jackson Airport-driving consistent demand from students, faculty, corporate relocations, travel medical professionals, film crews, and group housing tenants. ### Location Drivers & Demand Catalysts * Immediate access to the **BeltLine Westside Trail** and ongoing expansion * Minutes to **Morehouse College, Spelman College, Clark Atlanta University** (student and academic renter base) * **MARTA access** supporting broader tenant reach and rental stability * Close proximity to **Downtown Atlanta** and major employment hubs * 15-20 minutes to **Hartsfield-Jackson Airport** (ideal for travel nurses and contract professionals) * **West End Mall redevelopment** transforming the area into a live-work-play district * Global events driving housing demand: **FIFA World Cup 2026, Super Bowl 2028, NCAA Final Four 2031** ### Flexible Exit Strategies The property's size, layout, and location support multiple high-yield strategies: * **Short-term rental (Airbnb/VRBO)** * **Mid-term corporate and travel medical housing** * **Film and production crew housing** * **Group/shared long-term rental** * **BRRRR strategy** * **Flip/resale** Large bedroom-count homes in Atlanta are scarce and consistently command premium rents for corporate housing, production crews, and group accommodations. ### Valuation & Upside A prior appraisal valued the property at **$630,000** before market softening and **before** the loft conversion, which materially increased both functional square footage and the bedroom/bath count. As market conditions normalize-alongside the impact of major upcoming citywide events-resale demand for large, flexible homes is expected to strengthen, positioning the property at or above prior ARV. The seller has strategically reduced the price to create immediate investor spread. **CURRENT AND PRIOR APPRAISAL REPORTS ARE AVAILABLE.** ### Renovation Overview (2025 Full Gut) This is effectively a "better than new" property with minimal future capital expenditure: * New roof * New HVAC and ductwork * New plumbing * New electrical wiring * New kitchen and baths * New windows * New landscape and hardscape (including Bermuda turf) All major systems are new, minimizing deferred maintenance and operational risk for a long-term hold. ### Property Highlights * Modern, highly functional floor plan * Luxury finishes throughout * Backyard amenity potential * Turnkey condition for immediate income strategy * 4 weeks or less to complete work. Work to be done estimates available **Interested buyers:** Please have your agent submit offers to the listing agent. Offers will only be considered from buyers or agents who have toured the property.

Listing Status:
Active
Date Added:
February 2, 2026
Data Last Updated:
February 8, 2026 at 5:09PM
Listing Office:
Virtual Properties Realty.com : 770-495-5050
Listing Agent:
Lillian Banjoko-Clifford : 770-495-5050
MLS ID:
10684530
  • Laundry: In Unit
  • Basement: Bath FinishedExterior EntryFinishedInterior Entry
  • A/C: Ceiling Fan(s)Central AirElectricGasZoned
  • Heating: CentralDualElectricZoned
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: Low-Flow Fixtures
  • Parking: Parking PadSide/Rear EntranceParking spaces: 5
  • General: BrickConcreteThree Or MoreBlock
  • HOA Amenities: None
  • Originating MLS: Georgia MLS 2
  • County: Fulton
  • Zoning: 14 011800080069
  • Utilities: Other
  • Water: Public
  • Sewer: Public Sewer
  • Source: Georgia MLS 2

Presented by Veterans United Realty

This listing courtesy of Lillian Banjoko-Clifford , Virtual Properties Realty.com

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Finch Elementary School

1114 Avon Ave SW, Atlanta, GA, 30310

Grades EE-5

0.73 miles away

S

Sylvan Hills Middle School

1461 Sylvan Rd SW, Atlanta, GA, 30310

Grades 6-8

1.25 miles away

G

G. W. Carver High School

55 McDonough Blvd SE, Atlanta, GA, 30315

Grades 9-12

2.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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