893 Magnolia ST NW new Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30314
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Vine City
MLS Listing ID 7682333
Year Built 1970
Annual Tax Amount $15,562
Tax Year 2025
Lot Size 6,255 Sqft
Property Sub-Type Other
Property Description
Investor Special in Prime Vine City — Cash Flow Day One
Welcome to 893 Magnolia Street, a rare 5-unit multifamily opportunity in the heart of Vine City. Just steps from the AUC's HBCUs, MARTA, the BeltLine connector, Mercedes-Benz Stadium, and the massive wave of Westside redevelopment — this location is as “future-proof” as it gets.
This property can be delivered fully leased and is producing strong income. Potential Income:
• (4) units — 3BR/2BA at $2,400/month each
• (1) unit — 2BR/2BA at $1,600/month
Total monthly income: $11,200
Total annual income: $134,400
Whether you're building your portfolio, executing a 1031 exchange, or looking for a value-add play in a booming submarket, this one hits every metric: size, location, tenant demand, and cash flow from the jump. With the World Cup right around the corner, Now is the time to get into this area while you still can!
Location
State GA
County Fulton
Area Vine City
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Vinyl,Wood
Exterior
Parking Features Parking Lot
Fence Chain Link
Community Features Curbs,Near Beltline,Near Public Transport,Near Schools,Near Shopping,Near Trails/Greenway,Sidewalks,Street Lights
Utilities Available Sewer Available,Water Available
Waterfront Description None
View Y/N Yes
View City,Trees/Woods
Roof Type Ridge Vents
Building
Lot Description Cul-De-Sac,Level,Rectangular Lot
Story Two
Sewer Public Sewer
Water Public
Structure Type Brick 4 Sides
Schools
Elementary Schools Fulton - Other
Middle Schools Herman J. Russell West End Academy
High Schools Booker T. Washington
Others
Acceptable Financing 1031 Exchange,Cash
Listing Terms 1031 Exchange,Cash