About This Home

This 0-bedroom, 0-bathroom residential multi family at 1908 Penelope Road NW in Atlanta, GA is listed for $325,000. Built in 1945, on a 0.21 acres lot.

Key Features

  • Built in 1945
  • 0.21 acre lot
  • 2 stories

Property Details

2 stories
1945

Amenities

A/C
Listing Description

Investors, take note: 1908 Penelope Rd NW is a well-positioned income property in one of Atlanta's high-demand Westside submarkets. This 1930-built, two-story home offers six bedrooms and two bathrooms, ideal for a room-by-room rental strategy, or lease the entire home to a single tenant or family for simpler management.

Washer/dryer connections on both levels support flexible unit configurations, and hardwood floors, a fenced lot, and controlled access make the property easy to market and maintain. The location taps directly into strong, diverse renter demand. Sitting roughly 3 miles from the Atlanta University Center (Clark Atlanta University, Morehouse College,

Spelman College, and Morehouse School of Medicine), this home has ready access to one of metro Atlanta's largest and steadiest tenant pools: students, faculty, and staff needing quality housing near campus. Commuter tenants will value being moments from I-20 and a 7-minute walk to the West Lake MARTA Station, with Hamilton E.

Holmes, Ashby, Bankhead, and West End stations all close by, plus a 20-minute drive to Hartsfield-Jackson Atlanta International Airport - a natural draw for airline and travel-industry renters. Add in nearby shopping at Dixie Hills Plaza and Westview Plaza, recreation along the Atlanta BeltLine Southwest Connector Spur Trail and Cascade Springs Nat

ure Preserve, and healthcare access via Grady Memorial Hospital and Emory University Hospital Midtown, and you have a location that supports long-term tenant retention. With room-by-room or whole-house rental flexibility and a location that checks every box for renters - transit, education, employment, and airport access - 1908 Penelope Rd is a compelling addition to any rental portfolio.

Monthly Cost Estimate

$1,738/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95

Estimates only. Actual payments may vary.

Location

1908 Penelope Road NW

Atlanta, GA 30314

Andrews

Property Details

Construction

Brick

Heating

BaseboardElectric (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1908 Penelope Road NW is listed at $325,000. The estimated monthly payment is $1,738 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1945, 0.21 acre lot, 2 stories.

This property is listed by Candice Hayes.

CH

Candice Hayes

Agent at Keller Williams Realty Intown Atlanta

Listed by Keller Williams Realty Intown Atlanta · Broker phone: (404) 541-3500 · View on Broker Site · Broker website

MLS# 10819875· Source: Georgia Multiple Listing Service· 84 days on PropertySimple

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

1908 Penelope Road NW, Atlanta, GA 30314

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