Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.
Active
$250,000
1259 Pineglen Dr, Riverdale, GA 30296
--beds
--baths
--sqft
:
Get pre-qualified$1,705/mo
Multi Family
Built in 1967
-- sqft lot
$239,700 Zestimate®
$--/sqft
$-- HOA
What's special
Hvac systems
- 43 days |
- 59 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Israel Obregon 770-681-0703,
O. Realty, LLC
Source: GAMLS,MLS#: 10797099
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Features
- Basement: Crawl Space
- Has fireplace: No
Property
Parking
- Total spaces: 1
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.31 Acres
Details
- Parcel number: 13104D B003
- Special conditions: Rental
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
Community & HOA
Community
- Features: None
- Subdivision: Heatherwood
HOA
- Has HOA: No
- Services included: None
Location
- Region: Riverdale
Financial & listing details
- Tax assessed value: $123,900
- Annual tax amount: $1,898
- Date on market: 7/1/2026
- Cumulative days on market: 43 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Other
Estimated market value
$239,700
$228,000 - $252,000
$1,418/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $250,000 |
Source:  GAMLS #10797099 Report a problem | ||
| 7/1/2026 | Listing removed | $250,000 |
Source: GAMLS #10780016 Report a problem | ||
| 6/5/2026 | Listed for sale | $250,000+792.9% |
Source: GAMLS #10780016 Report a problem | ||
| 8/1/2025 | Listing removed | $1,850 |
Source: GAMLS #10563860 Report a problem | ||
| 7/14/2025 | Listed for rent | $1,850 |
Source: GAMLS #10563860 Report a problem | ||
| 7/1/2025 | Listing removed | $1,850 |
Source: Zillow Rentals Report a problem | ||
| 5/30/2025 | Listed for rent | $1,850 |
Source: Zillow Rentals Report a problem | ||
| 2/26/2016 | Sold | $28,000-20% |
Source: Public Record Report a problem | ||
| 2/11/2016 | Pending sale | $35,000 |
Source: BHHS Georgia Properties-Peachtree City #7544907 Report a problem | ||
| 12/16/2015 | Price change | $35,000+16.7% |
Source: BHHS Georgia Properties-Peachtree City #7544907 Report a problem | ||
| 12/14/2015 | Price change | $30,000-33.3% |
Source: BHHS Georgia Properties-Peachtree City #7544907 Report a problem | ||
| 10/30/2015 | Listed for sale | $45,000 |
Source: BHHS Georgia Properties-Peachtree City #7544907 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,933 +4.4% | $49,560 +6.4% |
| 2024 | $1,851 +14.3% | $46,560 +6.1% |
| 2023 | $1,619 +17.2% | $43,880 +27.9% |
| 2022 | $1,382 +25.5% | $34,320 +27.1% |
| 2021 | $1,101 +2.9% | $27,000 +4.3% |
| 2020 | $1,071 +8.4% | $25,892 -55.9% |
| 2019 | $988 +11.2% | $58,682 +179.2% |
| 2018 | $888 +81% | $21,018 +87.7% |
| 2017 | $491 -34.4% | $11,200 -39.1% |
| 2016 | $748 | $18,384 |
| 2015 | $748 +13.6% | -- |
| 2014 | $658 +9265% | $17,863 |
| 2013 | $7 -92.9% | -- |
| 2012 | $99 -48.2% | -- |
| 2011 | $192 +19.5% | -- |
| 2010 | $160 -40.1% | -- |
| 2009 | $268 +52% | -- |
| 2008 | $176 -1.3% | -- |
| 2007 | $178 -5.3% | -- |
| 2006 | $188 +9.5% | -- |
| 2005 | $172 +8.5% | -- |
| 2003 | $159 +18.6% | -- |
| 2002 | $134 +4.9% | -- |
| 2001 | $127 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 30296
Nearby schools
GreatSchools rating
- 4/10Martin Luther King- Jr. Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10North Clayton Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10North Clayton High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Martin Luther King Jr
- Middle: North Clayton
- High: North Clayton
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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