219 Joseph E Lowery Boulevard SW, Atlanta, GA 30314

• 4 beds |
• 2 baths |
• 1,379 sqft

Property Description

Turnkey Student Housing Investment Opportunity in the Heart of Atlanta! Investment Property Hitting The 1% Rule Just In Time For The 2026 World Cup In Atlanta. Add an instant, reliable cash-flowing asset to your rental portfolio with this fully occupied 4-bedroom, 2-full-bath rooming house generating $3,200 per month in gross room rentals, plus an additional $50-$75 per month in coin-operated laundry revenue. Positioned for premium student housing, this income-producing property is located directly between Ashview Heights and the prestigious Atlanta University Center (AUC), offering unbeatable proximity to Clark Atlanta University, Morehouse College, Spelman College, and Morris Brown College. This low-maintenance, turnkey asset features a new roof installed within the last 2 years, durable central air and heat, a recently updated shared kitchen, and absolutely no carpet for seamless tenant turnarounds. The property conveys with all existing tenants on mostly highly flexible month-to-month agreements, and the owner bills back directly for water and electricity, protecting your net operating income (NOI). Please note that Room 4 with the private full bath is not pictured, and all marketing photos are from a prior 2024 marketing period when the rooms were professionally cleaned and turned over. Do not miss this rare opportunity to secure immediate, passive cash flow with a strong 2-year track record of averaging ~$800 per room in a high-growth Atlanta submarket!

Listing Status:

Active

Date Added:

May 26, 2026

Data Last Updated:

June 11, 2026 at 2:08AM

Listing Office:

Keller Williams Realty Atl Partners : 770-632-1112

Listing Agent:

Adam Lewis : 678-480-8716

MLS ID:

7778016

Interior

• General: Disappearing Attic StairsHigh CeilingsHigh Speed Internet
• Rooms: AtticOther
• Appliances: DryerElectric OvenElectric RangeElectric Water HeaterMicrowaveRefrigeratorWasher
• Laundry: Common AreaIn Hall
• Basement: Crawl SpaceExterior Entry
• Flooring: Ceramic TileHardwoodVinyl
• A/C: Central Air
• Heating: Central
• Fireplace: Fireplaces: 0
• Disability Feature: None
• Eco/Green Feature: NoneNone

Exterior

• General: None
• Style: Ranch
• Other Structures: Front Porch
• Pool: None
• Parking: AttachedParking PadParking spaces: 0

Construction

• Roofing: Composition
• Windows: Double Pane Windows
• General: Cement SidingConcreteOtherOneRaised

Location

• Road/Access: City Street
• HOA Amenities: 0.0
• Originating MLS: First Multiple Listing Service
• County: Fulton - GA

Lot

• Zoning: 014 011600091241
• View: City
• Fencing: Back Yard

Utilities

• Utilities: Cable AvailableElectricity AvailableWater AvailableOther
• Water: Public
• Sewer: Public Sewer

Financial

• Source: First Multiple Listing Service