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- Description
- Property Details
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$1,000,000
Monthly Est:$4,977
-- Bed
-- Bath
--sqft
879 Parsons St SW, Atlanta, GA 30314
$1,000,000
$4,977/moEst:
Get Pre-Approved
Multi Family
Built in 2010
$-- HOA
4,356 sqft lot
--/sqft
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.
- Houzeo last checked: 5 minutes ago
- Listing updated: March 6, 2026 at 4:25 pm
- Listing Provided by: |
- Source: Georgia MLS-GA | MLS#: 10686695
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
2010
HOA Fees
-
Finished Area
- sqft
Lot Size
4,356 sqft lot
Basement Area
- sqft
MLS Name
Georgia MLS
MLS Number
10686695
MLS Status
Active
Days on Market
266
Cumulative Days on Market
28
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Central Air
Heating
Central
Sewer
Public Sewer
Construction
Year Built
Year Built: 2010
Home type
Multi Family
Property Condition
Resale
Construction Materials
Brick
Utilities & Energy
Basement
Full
Parking Features
Off Street
Utilities
Other
Laundry Features
Common Area
Water Source
Public
Other Features
Subdivision Name
Map/steuerwald Prop Resub Corr
Community Features
Sidewalks
Price History
| Date | Event | Price |
|---|---|---|
02/06/2026 Source: | Listed for Sale | $1,000,000 -16.67% $0/sqft |
08/01/2025 Source: | Listing Removed | $1,200,000 $0/sqft |
05/08/2025 Source: | Off Market | $1,200,000 $0/sqft |
04/24/2025 Source: | Listed for Sale | $1,200,000 $0/sqft |
04/03/2025 Source: | Listing Removed | $1,200,000 +149900.00% $0/sqft |
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Getting Around 879 Parsons St SW
Bike Score®
Bikeable
52/100
Walk Score®
Very Walkable
72/100
Transit Score®
Good Transit
59/100
Data provided by Redfin
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