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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1860 North Avenue NW in Atlanta, GA is listed for $235,000. Built in 1940, on a 0.25 acres lot.

Agent 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.

Key Features

  • Built in 1940
  • 0.25 acre lot
  • 5 parking spaces

Property Details

1 story
5 spaces
1940

Amenities

ViewHardwoodA/C

Monthly Cost Estimate

$1,257/mo

20% down · 6.5% · 30 years

Principal$170
Interest$1,018
Insurance$69

Estimates only. Actual payments may vary.

Location

1860 North Avenue NW

Atlanta, GA 30318

Grove Park

Property Details

Flooring

HardwoodTile - Ceramic

Construction

Frame Shingle Siding Wood Siding

Views

City

Heating

Natural GasForced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1860 North Avenue NW is listed at $235,000. The estimated monthly payment is $1,018 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 0.25 acre lot, 5 parking spaces.

This property is listed by Kathleen Levy and can be reached at (404) 564-5560 or kathleen@stanton.team.

KL

Kathleen Levy

Agent at Keller Williams Realty Metro Atlanta

(404) 564-5560

Listed by Keller Williams Realty Metro Atlanta · View on Broker Site

MLS# 7725578· Source: listhub· Updated 95 days ago

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.

1860 North Avenue NW, Atlanta, GA 30318

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