$235,000

1860 North Avenue NW, Atlanta, GA 30318

Multi-Family Home
Built in 1940
10,803sqft lot
—— car garage
$——/sqft
Listed 29 days ago

Property Description

Priced for the savvy investor, this high-performance value-add property (light cleanup, minor repairs and tree removal-roof was replaced in 2022 and HVAC was replaced in 2021) offers an immediate foothold in Atlanta's rapidly appreciating Grove Park. Since 2022, the asset has established a robust performance history, currently generating an average monthly gross income of $3,764 (T-12) with a clear pro forma path to $4,805 and a projected 17.9% cash-on-cash return. This 1,770 sq ft residence features a high-density 7-bedroom, 2-bathroom layout perfectly optimized for a turnkey co-living investment. Situated on a quiet, well-maintained street backing up to a serene wooded buffer, the home offers a rare blend of privacy and premier accessibility-located just 250 feet from a MARTA stop and minutes from the heart of Downtown Atlanta. The property is strategically positioned to capitalize on the massive economic tailwinds surrounding Westside Park and major nearby redevelopments, including the 20-acre Cypress Grove project and the Microsoft-backed mixed-income community. With light renovations, an investor can maximize the existing revenue model in an "A+" location near prime shopping and dining. Featuring ample parking and situated in one of the city's most transformative growth corridors, 1860 North Avenue NW is a strategic asset ready to deliver immediate, scalable cash flow.

Listing Status:: Active
Date Added:: February 26, 2026
Data Last Updated:: March 27, 2026 at 7:06AM
Listing Office:: Keller Williams Realty : 404-564-5560
Listing Agent:: Kathleen Levy : 470-690-7786
MLS ID:: 10698942

Laundry: Common AreaIn Unit
Basement: None
A/C: Central Air
Heating: Forced AirNatural Gas
Fireplace: FireplaceFireplaces: 1

Parking: Parking PadParking spaces: 5

General: Wood SidingVinyl SidingOtherOneSlab

HOA Amenities: 0.0
Originating MLS: Georgia MLS 2
County: Fulton

Zoning: 14 017500160234

Utilities: Sewer Connected
Water: Public
Sewer: Public Sewer

Source: Georgia MLS 2

This listing courtesy of Kathleen Levy , Keller Williams Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Woodson Park Academy

20 Evelyn Way NW, Atlanta, GA, 30318

Grades KG-8

0.35 miles away

Woodson Park Academy

20 Evelyn Way NW, Atlanta, GA, 30318

Grades KG-8

0.35 miles away

Kipp Atlanta Collegiate Academy

98 Anderson Ave NW, Atlanta, GA, 30314

Grades 9-12

0.85 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.