This tenant occupied 3 bedroom, 2 bathroom investment property currently generating $2,500 per month in rental income. This property offers investors the opportunity to acquire an income producing asset with a tenant already in place and established rental income from day one. Tenants are responsible for all utilities, providing an added benefit for the property owner. The functional floor plan features three bedrooms and two full bathrooms, offering a desirable layout for long term rental demand. Conveniently located near major highways, MARTA, shopping, dining, parks, and everyday amenities, while providing easy access to Atlanta's Westside communities and surrounding areas. Whether adding to an existing portfolio or purchasing a first investment property, this tenant occupied home offers investors the opportunity to acquire a turnkey, income producing asset with a tenant already in place and rental income established from day one.
Active
Price cut: $15K (10/17)
$259,999
1082 Fountain Dr SW, Atlanta, GA 30314
--beds
--baths
--sqft
Multi Family
Built in 1943
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Functional floor planThree bedrooms
- 39 days
- 304
- 23
Zillow last checked:
Listing updated:
Listed by:
Ayanna Wilson 562-644-9083,
Atlanta Communities
Source: GAMLS,MLS#: 10852758
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Has attached garage: Yes
Features
- Levels: One
- Stories: 1
- Body of water: None
Lot
- Size: 0.26 Acres
Details
- Parcel number: 14 011600040073
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- Resale
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
Community & HOA
Community
- Features: None
- Subdivision: Ashview Heights
HOA
- Has HOA: No
- Services included: None
Location
- Region: Atlanta
Financial & listing details
- Tax assessed value: $208,700
- Annual tax amount: $3,415
- Date on market: 9/24/2026
- Cumulative days on market: 39 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
$1,531/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2026 | Price change | $259,999-5.5% |
Source: | ||
| 9/24/2026 | Listed for sale | $275,000+48.6% |
Source: | ||
| 8/30/2021 | Sold | $185,000+9% |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/31/2012 | Listing removed | $700 |
Source: Owner Report a problem | ||
| 9/2/2012 | Listed for rent | $700 |
Source: Owner Report a problem | ||
| 6/19/2012 | Listing removed | $700 |
Source: JD HOMES Report a problem | ||
| 5/6/2012 | Listed for rent | $700 |
Source: Hotpads for Rent Report a problem | ||
| 9/1/2011 | Listing removed | $700 |
Source: RentalHouses.com Report a problem | ||
| 8/11/2011 | Listed for rent | $700 |
Source: RentalHouses.com Report a problem | ||
| 10/26/2007 | Sold | $169,700+47.6% |
Source: Public Record Report a problem | ||
| 4/10/2007 | Sold | $115,000+257.1% |
Source: Public Record Report a problem | ||
| 5/15/1997 | Sold | $32,200 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,415 +12.7% | $83,480 +12.8% |
| 2024 | $3,030 +28.3% | $74,000 |
| 2023 | $2,361 -17.3% | $74,000 -14.2% |
| 2022 | $2,854 -0.1% | $86,200 +22.2% |
| 2021 | $2,857 +4.9% | $70,520 +7.2% |
| 2020 | $2,724 +110% | $65,800 +20.8% |
| 2019 | $1,297 | $54,480 +212.4% |
| 2018 | $1,297 | $17,440 +30.9% |
| 2017 | $1,297 +12.8% | $13,320 |
| 2016 | $1,150 +0.4% | $13,320 |
| 2015 | $1,145 +107% | $13,320 +9.2% |
| 2014 | $553 +148.8% | $12,200 +142.1% |
| 2013 | $222 -31.3% | $5,040 -30.8% |
| 2012 | $323 | $7,280 -62.6% |
| 2011 | -- | $19,480 -58.8% |
| 2010 | $2,086 +319.4% | $47,240 |
| 2009 | $497 | $47,240 -10% |
| 2008 | -- | $52,480 +25.2% |
| 2007 | $1,780 | $41,920 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Ashview Heights
Nearby schools
Schools provided by the listing agent
- Elementary: Jones
- Middle: Herman J Russell
- High: Booker T Washington
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






