Income-producing property featuring 3 spacious 1BR/1BA units, ideal for short-term or furnished rentals. Perfect for a live + rent strategy—occupy one unit while generating income from the other two. Each unit offers abundant natural light, functional layouts, and beautiful Midtown views, making them highly attractive to both guests and tenants. One of the units also includes a den/office space, adding flexibility for remote work or additional guest use—an excellent bonus for rental appeal. Property is being sold as-is.
Ideally located at 1243 Francis Street NW, just minutes from Mercedes-Benz Stadium (approx. 2.5 miles / 5–7 minutes), Georgia Tech (approx. 1.5 miles / 5 minutes), and the Atlanta BeltLine (approx. 1–2 miles). Also close to Microsoft, Piedmont Park, Midtown, and Downtown, placing this property in a high-demand rental market for both Airbnb guests and long-term tenants.
With easy access to top dining, entertainment, and major highways, this is a rare opportunity to own a versatile, income-generating asset in one of Atlanta’s most desirable locations.
For sale by owner
Price cut: $100K (6/19)
$1,395,000
1243 Francis St NW, Atlanta, GA 30318
3beds
3,200sqft
MultiFamily
Built in 1997
-- sqft lot
$-- Zestimate®
$436/sqft
$-- HOA
What's special
Functional layoutsBeautiful midtown viewsAbundant natural light
- 157 days
- 259
- 10
Listed by:
Property Owner (404) 580-4414
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Electric, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: Other
Features
- Cathedral Ceiling(s),High Ceilings 10 ft Upper,Wal
- Flooring: Carpet, Concrete, Hardwood
- Basement: Unfinished
- Has fireplace: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off-street
Features
- Patio & porch: Deck, Front Porch, Patio, Covered, Rear Porch
- Exterior features: Stone
- Fencing: Back Yard, Chain Link
- Has view: Yes
- View description: City
Lot
- Size: 5,998 Square Feet
- Features: Back Yard,Front Yard,Landscaped
Details
- Parcel number: 17010800050331
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
Materials
- masonry
- Roof: Shake / Shingle
Condition
- Resale
- New construction: No
- Year built: 1997
Utilities & green energy
- Electric: 110 Volts,220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available,Electricity Available,Natural Gas
Community & HOA
Location
- Region: Atlanta
Financial & listing details
- Price per square foot: $436/sqft
- Tax assessed value: $850,400
- Annual tax amount: $13,916
- Date on market: 3/24/2026
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$3,587/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Price change | $1,395,000-6.7%$436/sqft |
Source: Owner Report a problem | ||
| 3/24/2026 | Listed for sale | $1,495,000+88.1%$467/sqft |
Source: Owner Report a problem | ||
| 8/9/2020 | Listing removed | $795,000$248/sqft |
Source: City Max Realty, Inc. #6691063 Report a problem | ||
| 8/7/2020 | Listed for sale | $795,000$248/sqft |
Source: City Max Realty, Inc. #6691063 Report a problem | ||
| 6/26/2020 | Listing removed | $795,000$248/sqft |
Source: City Max Realty, Inc. #6721470 Report a problem | ||
| 3/5/2020 | Listed for sale | $795,000+50.3%$248/sqft |
Source: City Max Realty, Inc. #6691063 Report a problem | ||
| 6/28/2012 | Listing removed | $529,000$165/sqft |
Source: Terri Schrews #4062336 Report a problem | ||
| 6/1/2012 | Listed for sale | $529,000$165/sqft |
Source: Terri Schrews #4062336 Report a problem | ||
| 12/29/2011 | Listing removed | $529,000$165/sqft |
Source: Terri Schrews #4062336 Report a problem | ||
| 9/15/2011 | Listed for sale | $529,000$165/sqft |
Source: Terri Schrews #4062336 Report a problem | ||
| 5/18/2011 | Listing removed | $529,000$165/sqft |
Source: Terri Schrews #4062336 Report a problem | ||
| 5/8/2010 | Listed for sale | $529,000+655.7%$165/sqft |
Source: Terri Schrews #4062336 Report a problem | ||
| 1/26/1996 | Sold | $70,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,916 +8.4% | $340,160 +8.5% |
| 2024 | $12,839 +31% | $313,600 +2.1% |
| 2023 | $9,801 -21.2% | $307,240 |
| 2022 | $12,434 +58.8% | $307,240 +4.7% |
| 2021 | $7,828 -25.6% | $293,560 +15.6% |
| 2020 | $10,517 +44.8% | $254,040 +1.8% |
| 2019 | $7,264 | $249,520 +21.4% |
| 2018 | $7,264 | $205,560 +57.6% |
| 2017 | $7,264 +49.3% | $130,440 |
| 2016 | $4,866 -0.4% | $130,440 |
| 2015 | $4,885 +6.1% | $130,440 |
| 2014 | $4,604 +67.4% | $130,440 +43.1% |
| 2013 | $2,750 +309.7% | $91,160 |
| 2012 | $671 | $91,160 |
| 2011 | -- | $91,160 -29.8% |
| 2010 | $4,671 | $129,920 |
| 2009 | -- | $129,920 |
| 2008 | -- | $129,920 -0.1% |
| 2007 | $1,370 | $130,080 |
| 2005 | -- | $130,080 +3.9% |
| 2004 | $1,490 -72.3% | $125,240 +3.8% |
| 2003 | $5,385 +299.9% | $120,600 +17% |
| 2002 | $1,346 -67.4% | $103,120 +7.5% |
| 2001 | $4,126 | $95,920 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Home Park
Nearby schools
Schools provided by the listing agent
- Elementary: Centennial Place
- Middle: Inman
- High: Grady
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






