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    • $325,000

    2429 Macon Dr SW, Atlanta, GA 30315

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    --baths
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    Multi Family
    Built in 1940
    -- sqft lot
    $307,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    7 days
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    30
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Israel Obregon 770-681-0703,

    O. Realty, LLC

    Source: GAMLS,MLS#: 10797114MLS Logo

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      Facts & features

      Interior

      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Basement: Partial
      • Number of fireplaces: 1

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 1.01 Acres
      Details
      • Parcel number: 14 006900010230
      • Special conditions: Rental

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Individual Meters, Sewer Connected, Water Individual Meters

      Community & HOA

      Community
      • Features: None
      • Subdivision: None
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Atlanta

      Financial & listing details

      • Tax assessed value: $313,100
      • Annual tax amount: $4,358
      • Date on market: 7/1/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: 1031 Exchange,Other

        Estimated market value

        $307,100

        $292,000 - $322,000

        $1,530/mo

        Price history

        DateEventPrice
        7/1/2026Listed for sale$325,000
        Source: GAMLS #10797114 Report a problem
        7/1/2026Listing removed$325,000
        Source: GAMLS #10780030 Report a problem
        6/5/2026Listed for sale$325,000+132.1%
        Source: GAMLS #10780030 Report a problem
        7/26/2025Listing removed$1,950
        Source: GAMLS #10563862 Report a problem
        7/14/2025Listed for rent$1,950-13.3%
        Source: GAMLS #10563862 Report a problem
        7/14/2025Listing removed$2,250
        Source: Zillow Rentals Report a problem
        4/30/2025Listed for rent$2,250
        Source: Zillow Rentals Report a problem
        4/30/2025Listing removed$2,250
        Source: GAMLS #10510434 Report a problem
        4/29/2025Listed for rent$2,250+40.6%
        Source: GAMLS #10510434 Report a problem
        3/3/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        2/17/2022Listed for rent$1,600+88.2%
        Source: Zillow Rental Manager Report a problem
        6/23/2021Sold$140,000-12.5%
        Source: eXp Realty #101814483 Report a problem
        5/12/2021Contingent$160,000
        Source: FMLS GA #6822697 Report a problem
        5/10/2021Listed for sale$160,000
        Source: FMLS GA #6822697 Report a problem
        3/19/2021Contingent$160,000
        Source: FMLS GA #6822697 Report a problem
        3/7/2021Listed for sale$160,000
        Source: FMLS GA #6822697 Report a problem
        2/3/2021Contingent$160,000
        Source: FMLS GA #6822697 Report a problem
        12/30/2020Listed for sale$160,000+11.8%
        Source: EXP Realty, LLC. #6822697 Report a problem
        6/18/2020Listing removed$143,056
        Source: EXP Realty, LLC. #6659604 Report a problem
        1/8/2020Price change$143,056+3.6%
        Source: EXP Realty, LLC. #6659604 Report a problem
        12/25/2019Listed for sale$138,056+1280.6%
        Source: EXP Realty, LLC. #6659604 Report a problem
        4/30/2015Listing removed$850
        Source: Postlets Report a problem
        3/21/2015Listed for rent$850
        Source: Postlets Report a problem
        3/16/2009Sold$10,000-71.4%
        Source: Public Record Report a problem
        7/17/2008Listing removed$35,000-60%
        Source: Listhub #3678834 Report a problem
        8/4/2006Sold$87,500-14.7%
        Source: Public Record Report a problem
        1/11/2006Sold$102,574+4.5%
        Source: Public Record Report a problem
        8/20/2003Sold$98,200+58.1%
        Source: Public Record Report a problem
        8/4/1993Sold$62,100
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,358 +18.2%$125,240 +8.4%
        2023$3,686 +62.7%$115,560 +106.4%
        2022$2,266 +2.3%$56,000 +5.6%
        2021$2,216 +2.1%$53,040 +1.2%
        2020$2,169 +58.1%$52,400 +56%
        2019$1,372 $33,600 +84.2%
        2018$1,372 $18,240
        2017$1,372 -2.3%$18,240 -1.5%
        2016$1,405 -0.6%$18,520
        2015$1,413 +68.3%$18,520
        2014$840 +25.2%$18,520 +21.8%
        2013$671 +88.7%$15,200 +90%
        2012$355 $8,000 -33.3%
        2011-- $12,000 -69%
        2010$1,455 +256.5%$38,760
        2009$408 $38,760 -29.5%
        2008-- $55,000
        2007$579 $55,000 +42%
        2005-- $38,720 +3%
        2004$178 -72.2%$37,600 +3.2%
        2003$642 $36,440

        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Browns Mill Park

        Getting around

        29 / 100
        Car-Dependent
        35 / 100
        Some Transit
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cleveland
        • Middle: Long
        • High: South Atlanta

        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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