# 879 Parsons Street SW, Atlanta, GA 30314

> **TL;DR:** residential multi family, $1,000,000, built 2010.
> View, Hardwood, A/C. Est. $4,333/mo. Listed 115 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,000,000 |
| Year Built | 2010 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 115 |

## Why This Home Stands Out

- **Views** - City
- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,333 |
| **Total** | **$4,333** |

## Nearby Schools

- **Elementary:** M. A. Jones
- **Middle:** Herman J. Russell West End Academy
- **High:** Booker T. Washington

## Key Amenities

- View
- Hardwood
- A/C

## Property Highlights

- Built in 2010
- 0.10 acre lot
- 2 stories
- 6 parking spaces

## Description

### Agent Description
Offered at $1,000,000 with current CAP rate of 9.85 % and potential CAP rate of 11.35%!, this 14-unit property boasts a potential annual gross income of $159,600.00. 100% occupancy! It's a perfect 1031 exchange candidate, DSCR loan or even for a first time investment with a commercial conventional loan. Specifically built in 2010 for student housing, it includes Side A and Side B, each with 7 rooms, 6 bathrooms, and full kitchens, plus private bathrooms in 10 units. Key features include new HVAC, water heaters, keyless entry, and close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Units B2, B3, A1, A3 have shared bathrooms, the rest have their own private bathrooms. 2 shared kitchens & 2 shared laundry sets/areas per side. Do not miss this immediate strong cash flow.

## Location

- **Address:** 879 Parsons Street SW, Atlanta, GA 30314
- **County:** Fulton - GA
- **Neighborhood:** MAP/STEUERWALD PROP RESUB CORR
- **Coordinates:** 33.75101, -84.416429
- **Google Maps:** https://www.google.com/maps?q=33.75101,-84.416429

## Listing Agent

- **Name:** Eve Hill
- **Brokerage:** Keller Williams Buckhead
- **Phone:** (404) 604-3800
- **Email:** evehill@kw.com

## Primary Photo

![879 Parsons Street SW - Primary Photo](http://lh.rdcpix.com/a5605acb1ca046b4b238e7086360bbdcl-f455927941r.jpg)

*43 total photos available on [listing page](https://www.propertysimple.com/listing/879-parsons-street-sw-atlanta-ga-30314-7715525)*

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**MLS#:** 7715525 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/879-parsons-street-sw-atlanta-ga-30314-7715525)

---

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