About This Home

This 4-bedroom, 1-bathroom single family at 244 Dollar Mill Road SW in Atlanta, GA is listed for $125,000 ($83 per sqft). Built in 1950, the home offers 1,500 sqft of living space on a 1.17 acres lot.

Key Features

  • Built in 1950
  • 1.17 acre lot

Property Details

1 story
1 full
1950

Amenities

A/C
Listing Description

INVESTOR SPECIAL Rare 1+ Acre Value-Add with Brand-New Roof in High-Growth SW Atlanta Corridor Vacant | Sold As-Is | High-Yield Flip, BRRRR, or Redevelopment Play A rare combination of land, location, and built-in sweat equity. Situated on an expansive 1.17-acre lot inside Fulton County, this property offers multiple high-margin exit strategies in an active revitalization corridor surrounded by recent renovations and ground-up builds.

Major CapEx Already Covered with Brand-new roof installed, eliminating significant upfront capital expense and protecting framing during build-out, floor plan is larger than records show, closer to 1,500 Sq Ft. Existing layout and previous additions provide the ideal canvas for an immediate value-add conversion from a 3/1 to a high-ARV 3/2 or 4/2 primary suite configuration.

Massive Land Upside (1+ Acre) with Ample acreage for an ADU (Accessory Dwelling Unit), secondary structure, workshop, or potential lot subdivision/redevelopment (subject to zoning/survey). The property is minutes to I-285, I-20, MARTA, Downtown Atlanta, and Hartsfield-Jackson Airport-strong fundamentals for future resale or high-demand rental cash flow.

100% Vacant. Property Snapshot: Current Layout: 3 Beds | 1 Bath (High conversion potential to 3/2 or 4/2) Living Area: ~1,500 Sq Ft Lot Size: 1+ Acre (Expansive, wooded parcel) Roof: Brand-New (2026) Terms: Cash, Hard Money, or Private Lending | As-Is Sale | Clean Title Maximize your margins through a strategic flip, execute a full-equity cash-out refi via BRRRR, or unlock long-term upside through land development.

Monthly Cost Estimate

$669/mo

20% down · 6.5% · 30 years

Principal$90
Interest$542
Insurance$36

Estimates only. Actual payments may vary.

Location

244 Dollar Mill Road SW

Atlanta, GA 30331

Ji Kingloff & Mildred L Kinglo

Features & Amenities

Interior Features

High Ceilings 9 ft Main

Exterior Features

Rain Gutters

Property Details

Construction

Wood Siding

Parking

CarportCovered

Heating

Central

Cooling

Central Air

Appliances

DryerGas Water HeaterMicrowaveRefrigeratorTankless Water HeaterWasher

Questions & Answers

This 4-bedroom, 1-bathroom single family at 244 Dollar Mill Road SW is listed at $125,000 ($83/sqft). The estimated monthly payment is $668 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 1.17 acre lot. Interior Features: High Ceilings 9 ft Main. Exterior Features: Rain Gutters.

This property is listed by Joel Foster.

JF

Joel Foster

Agent at HomeSmart

Listed by HomeSmart · Broker phone: (404) 876-4901 · View on Broker Site · Broker website

MLS# 7826607· Source: First Multiple Listing Service, Inc.· 70 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.

244 Dollar Mill Road SW, Atlanta, GA 30331

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