About This Home

This 0-bedroom, 0-bathroom multi-family at 1188 Sims Street SW in Atlanta, GA is listed for $249,900. Built in 1930, on a 0.13 acres lot.

Key Features

  • Built in 1930
  • 0.13 acre lot

Property Details

1 story
1930

Amenities

ViewA/C
Listing Description

SHORT SALE!!! SHORT SALE!! Investor Needed. BRRRR, Fix and FLIP or BUY and HOLD, or an AIRBNB. The choice is yours. Opportunity meets timing with this value-add duplex offering immediate upside for investors ready to execute. One unit is vacant and primed for renovation, while the second unit is tenant-occupied with a lease secured through 2027, providing holding income during repositioning.

The property requires full modernization, presenting a clear pathway for investors seeking to renovate, stabilize, or explore redevelopment strategies. Several nearby properties have recently undergone significant improvements or new construction, reinforcing ongoing reinvestment activity on the street.

Property is less than 10 minutes from the Belt line, Zoo Atlanta, Tyler Perry Studios and the Atlanta University Center (Spellman, Morehouse, Clark and Morris Brown College) and so many more tourist and local destinations around downtown Atlanta. A short drive to Interstate 85 and located on the public transit line for the environment conscience tenant or visitor.

This can be the a great investment for the right buyer or investor. Seller is exploring short sale options, creating a compelling entry point for buyers seeking to acquire with margin and vision. Shared parking improvements and interior updates offer additional avenues to enhance long-term performance. Offered "AS - IS, WHERE IS". Serious investors encouraged to submit offers and explore the potential this property presents.

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

1188 Sims Street SW

Atlanta, GA 30310

TRISTAN COOLEY & SHERVAN WILSON

Property Details

Flooring

CarpetLaminate

Construction

Vinyl Siding

Views

City

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1188 Sims Street SW is listed at $249,900. The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.13 acre lot.

This property is listed by Mia Harris.

MH

Mia Harris

Agent at Virtual Properties Realty

Listed by Virtual Properties Realty · Broker phone: (770) 495-5050 · View on Broker Site · Broker website

MLS# 7692900· Source: First Multiple Listing Service, Inc.· 322 days on PropertySimple

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1188 Sims Street SW, Atlanta, GA 30310

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