**Income-Producing Investment Opportunity in Historic Collier Heights!** Start earning **immediate rental income from day one** with this fully operational PadSplit investment located in Atlanta's historic **Collier Heights** community. Currently **5 of the 7 bedrooms are occupied by long-term tenants**, allowing the new owner to benefit from established cash flow immediately after closing while offering the opportunity to increase income by leasing the remaining two bedrooms. This spacious four-sided brick, two-story home is thoughtfully configured for shared living and features two separate kitchens, providing flexibility and convenience for tenants. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey property with income already in place, this property presents an exceptional opportunity. Located in the nationally recognized **Collier Heights Historic District**, one of Atlanta's most significant communities known for its beautiful mid-century homes, mature trees, and rich history, residents enjoy convenient access to Downtown Atlanta, West Midtown, Georgia Tech, Mercedes-Benz Stadium, major interstates (I-20 & I-285), public transportation, and the rapidly expanding Westside corridor. The nearby Westside Reservoir Park, shopping, dining, and employment centers continue to drive demand for quality housing in the area. Investment Highlights: * Current owner willing to manage property for 1 year! WIN for you- step into income without uncertainty. Newbies can learn the ropes. * Turnkey PadSplit investment * 5 of 7 bedrooms currently occupied by long-term tenants- take over lease or owner to provide notice prior to closing * Immediate cash flow at closing * Opportunity to increase revenue by leasing the remaining bedrooms * Two-story, four-sided brick construction * 2 separate kitchens for enhanced functionality * 3 full bathrooms. Don't miss this opportunity to own a cash-flowing investment in one of Atlanta's most historic and rapidly evolving neighborhoods. Schedule your showing today and begin building wealth from day one!
Active
$345,000
2732 Oldknow Dr NW, Atlanta, GA 30318
7beds
--sqft
Single Family Residence
Built in 1962
0.29 Acres Lot
$333,400 Zestimate®
$--/sqft
$-- HOA
What's special
Four-sided brick constructionBeautiful mid-century homesMature trees
- 28 days
- 261
- 24
Zillow last checked:
Listing updated:
Listed by:
Nia Knowles nia@areawestrealty.com,
Area West Realty
Source: GAMLS,MLS#: 10818069
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Den, Family Room, Great Room, Keeping Room
Kitchen
- Features: Breakfast Bar, Country Kitchen, Kitchen Island
Heating
- Central
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Refrigerator
- Laundry: In Hall, Laundry Closet
Features
- Master On Main Level
- Flooring: Hardwood, Carpet
- Basement: Full
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Accessibility
- Accessibility features: Other
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Other
- Fencing: Back Yard
- Has view: Yes
- View description: City
Lot
- Size: 0.29 Acres
- Features: City Lot
Details
- Additional structures: Other
- Parcel number: 14 021000070109
- Special conditions: Investor Owned,Rental
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Other
Condition
- Fixer
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Cable Available, Sewer Connected
Community & HOA
Community
- Features: Sidewalks, Street Lights, Near Public Transport, Walk To Schools, Near Shopping
- Security: Smoke Detector(s)
- Subdivision: Collier Heights
HOA
- Has HOA: No
- Services included: None
Location
- Region: Atlanta
Financial & listing details
- Tax assessed value: $183,300
- Annual tax amount: $2,337
- Date on market: 8/3/2026
- Cumulative days on market: 28 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
$333,400
$317,000 - $350,000
$2,207/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listed for sale | $345,000-0.9% |
Source: | ||
| 8/1/2026 | Listing removed | $348,000 |
Source: | ||
| 6/1/2026 | Listed for sale | $348,000-0.6% |
Source: | ||
| 6/1/2026 | Listing removed | $350,000 |
Source: | ||
| 5/7/2026 | Price change | $350,000-5.4% |
Source: | ||
| 4/18/2026 | Price change | $370,000-7.3% |
Source: | ||
| 2/1/2026 | Listed for sale | $399,000+3890% |
Source: | ||
| 8/28/2015 | Sold | $10,000-63% |
Source: Public Record Report a problem | ||
| 9/25/2012 | Sold | $27,000-68.2% |
Source: Public Record Report a problem | ||
| 5/22/1998 | Sold | $85,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,999 -2.1% | $73,320 -2% |
| 2024 | $3,064 +31.8% | $74,840 +2.7% |
| 2023 | $2,325 -21.2% | $72,880 |
| 2022 | $2,949 +48.5% | $72,880 +50.6% |
| 2021 | $1,986 +14.6% | $48,400 +15.7% |
| 2020 | $1,732 +34.8% | $41,840 +40.4% |
| 2019 | $1,285 | $29,800 +57.2% |
| 2018 | $1,285 | $18,960 +374% |
| 2017 | $1,285 +91% | $4,000 |
| 2016 | $672 -20.8% | $4,000 -51.5% |
| 2015 | $849 +127.4% | $8,240 |
| 2014 | $374 +2.8% | $8,240 |
| 2013 | $364 +2463.8% | $8,240 |
| 2012 | $14 | $8,240 -22.6% |
| 2011 | -- | $10,640 -47.3% |
| 2010 | $30 -96.2% | $20,200 -53.8% |
| 2009 | $795 | $43,760 -15% |
| 2008 | -- | $51,480 |
| 2007 | $1,193 | $51,480 +9.1% |
| 2005 | -- | $47,200 +3.8% |
| 2004 | $1,965 +0.6% | $45,480 +3.9% |
| 2003 | $1,954 +279.4% | $43,760 +11% |
| 2002 | $515 -64.4% | $39,440 +17.4% |
| 2001 | $1,445 | $33,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Collier Heights
Nearby schools
Schools provided by the listing agent
- Elementary: Usher
- Middle: J L Invictus
- High: Douglass
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







