588 Parkway Drive NE, Atlanta, GA 30308

Property Description

Charming 1920s fourplex directly across from The Darwin boutique hotel in the heart of Old Fourth Ward - steps to Ponce City Market, the BeltLine, and Central Park. Four cozy one-bedroom units with updated kitchens and flooring, new roof (2018) and HVAC (2019). Under the same ownership since 1990, three units are leased at rents well under today's market, and the fourth just turned over - freshly cleaned and ready for a quick refresh before re-renting at market rate. Live in one unit and rent the other three, or hold as a turnkey investment with built-in upside. Priced $300K below the county's own assessed value. Walk Score 90. A rare owner-occupant or investor opportunity in one of Atlanta's hottest walkable neighborhoods. The deep 7,501-square-foot RG-4 lot also includes a substantial open area at the rear, offering intriguing long-term possibilities subject to zoning and City approval. Purchase 588 individually or consider the unique opportunity to acquire it together with adjacent 590 Parkway Drive, also offered for sale.

Listing Status:

Active

Date Added:

August 19, 2026

Data Last Updated:

November 11, 2026 at 10:06PM

Listing Office:

Vision Residential Realty : 770-740-4766

Listing Agent:

DANIEL LATSHAW : 770-740-4766

Contact:

770-740-4766

MLS ID:

7823736

Interior

• Flooring: HardwoodLaminate
• A/C: Central AirWall Unit(s)
• Heating: Central
• Disability Feature: None
• Eco/Green Feature: NoneNone

Exterior

• Parking: Parking LotParking spaces: 8

Construction

• Roofing: Asbestos Shingle
• Windows: None
• General: BrickLap SidingTwo

Location

• Originating MLS: First Multiple Listing Service
• County: Fulton - GA

Lot

• Zoning: Tax ID 14-0047-0002-012-914 004700020129
• View: City
• Fencing: Back Yard

Utilities

• Utilities: Cable AvailableElectricity AvailablePhone AvailableSewer AvailableUnderground UtilitiesWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: First Multiple Listing Service