Looking for one of the most profitable short-term rentals in the Atlanta market? Don't miss this rare find: a completely renovated 2-bedroom condo located in the heart of downtown. Situated near within walking distance to Centennial Olympic Park, the Coke Museum, the Georgia Aquarium, CNN Center, GA Tech, Mercedes Benz Stadium, The Merchandise Mart and other restaurants and entertainment venues and less than 15 minutes to the Hartsfield Jackson Airport, this unit boasts an enviable location. It is one of the few condominiums that allow Airbnb rentals, with a proven income track record of approximately $35k per year. The monthly HOA includes ALL UTILTIES. The landmark building features 24-hour security with concierge service, a private parking lot, and a beautiful lobby currently undergoing a complete renovation. Enjoy amenities such as a pool and fitness center, and easy access to Marta. This unit is perfectly equipped for short-term rentals, offering everything you need and coming fully furnished. It is one of the largest units in the building, flooded with natural light and boasting amazing views of the city skyline. The condo includes 2 large bedrooms, a renovated tile bath with a new vanity, a kitchen with white cabinets, granite counters, and stainless steel appliances, and the rare addition of a washer and dryer. The large great room offers ample seating, a fold-out sofa to sleep a total of 6, and a designated working area with a desk. DonCOt miss this opportunity to own one of the best rental values in Atlanta. With numerous downtown events weekly and the World Cup Soccer coming to Atlanta in 2026, this unit presents an incredible investment opportunity for generating significant cash flow.
Closed
$265,000
215 Piedmont Ave NE APT 1503, Atlanta, GA 30308
2beds
931sqft
Condominium, High Rise
Built in 1963
-- sqft lot
$215,900 Zestimate®
$285/sqft
$2,061 Estimated rent
Home value
$215,900
$199,000 - $233,000
$2,061/mo
Zestimate® history
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$9,275/mo
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Zillow last checked:
Listing updated:
Listed by:
Lee Ann Sherry 770-815-5299,
Real Broker LLC,
Lexi Blevins 678-613-1659,
Real Broker LLC
Bought with:
Lee Ann Sherry, 164971
Real Broker LLC
Source: GAMLS,MLS#: 10338526
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Foyer, Great Room
Kitchen
- Features: Solid Surface Counters
Heating
- Baseboard
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Oven/Range (Combo), Refrigerator, Washer
- Laundry: In Kitchen
Features
- Master On Main Level, Roommate Plan, Split Bedroom Plan
- Flooring: Hardwood, Tile
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 931
- Total interior livable area: 931 sqft
- Finished area above ground: 931
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned
Features
- Levels: One
- Stories: 1
- Exterior features: Other
- Has view: Yes
- View description: City
- Body of water: None
Lot
- Size: 827 Square Feet
- Features: Other
Details
- Parcel number: 14 005100131234
- Special conditions: Investor Owned
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium, High Rise
- Attached to another structure: Yes
Materials
- Other
- Roof: Other
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, High Speed Internet
Community & HOA
Community
- Features: Fitness Center, Pool, Near Public Transport, Near Shopping
- Subdivision: Landmark
HOA
- Has HOA: Yes
- Services included: Maintenance Structure, Maintenance Grounds, Reserve Fund, Security, Sewer, Swimming, Trash, Water
- HOA fee: $7,632 annually
Location
- Region: Atlanta
Financial & listing details
- Price per square foot: $285/sqft
- Tax assessed value: $235,500
- Annual tax amount: $2,385
- Date on market: 7/12/2024
- Cumulative days on market: 20 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2025 | Listing removed | $260,000-1.9%$279/sqft |
Source:  GAMLS #10022275 Report a problem | ||
| 8/9/2024 | Sold | $265,000$285/sqft |
Source: GAMLS #10338526 Report a problem | ||
| 8/2/2024 | Pending sale | $265,000$285/sqft |
Source: GAMLS #10338526 Report a problem | ||
| 7/15/2024 | Listed for sale | $265,000+1.9%$285/sqft |
Source:  FMLS GA #7419860 Report a problem | ||
| 6/12/2022 | Listing removed | -- |
Source: GAMLS #10022275 Report a problem | ||
| 6/10/2022 | Listed for sale | $260,000$279/sqft |
Source: GAMLS #10022275 Report a problem | ||
| 4/21/2022 | Pending sale | $260,000$279/sqft |
Source: GAMLS #10022275 Report a problem | ||
| 2/18/2022 | Listed for sale | $260,000+60.5%$279/sqft |
Source: GAMLS #10022275 Report a problem | ||
| 10/9/2018 | Sold | $162,000+4.6%$174/sqft |
Source:  FMLS GA #6063025 Report a problem | ||
| 9/25/2018 | Pending sale | $154,900$166/sqft |
Source: Pro Realty LLC #8455522 Report a problem | ||
| 9/19/2018 | Listed for sale | $154,900+176.6%$166/sqft |
Source: Pro Realty LLC #8455522 Report a problem | ||
| 5/14/1997 | Sold | $56,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,854 +16.3% | $94,200 +16.4% |
| 2024 | $3,313 +38.8% | $80,920 +8.1% |
| 2023 | $2,387 -24.1% | $74,840 -3.7% |
| 2022 | $3,145 +16.6% | $77,720 +16.7% |
| 2021 | $2,698 +5.2% | $66,600 +7.5% |
| 2020 | $2,565 +318.9% | $61,960 -52.2% |
| 2019 | $612 | $129,600 +206.2% |
| 2018 | $612 | $42,320 +50.3% |
| 2017 | $612 +598.1% | $28,160 |
| 2016 | $88 +4.6% | $28,160 |
| 2015 | $84 +182.1% | $28,160 +57.1% |
| 2014 | $30 | $17,920 |
| 2013 | -- | $17,920 |
| 2012 | $8 | $17,920 |
| 2011 | -- | $17,920 -52.8% |
| 2010 | $609 | $37,960 -23.2% |
| 2009 | -- | $49,440 |
| 2008 | -- | $49,440 -0.1% |
| 2007 | $1,152 | $49,480 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 6/10Centennial AcademyGrades: K-8Distance: 1 mi
- 9/10Midtown High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Centennial Place
- Middle: David T Howard
- High: Centennial
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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Estimated market value
$215,900
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Estimated market value
$215,900
- Georgia
- Fulton County
- Atlanta
- 30308
- Downtown
- 215 Piedmont Ave NE Apartment 1503
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