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For sale by owner
  • $250,000

    2995 Palm Dr, East Pt, GA 30344

    4beds
    1,664sqft
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    MultiFamily
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $150/sqft
    $-- HOA

    Overview

    Creative financing options available for qualified buyers. Seller willing to consider seller financing, partial seller financing, or other mutually agreeable financing structures. Terms subject to existing financing requirements and attorney approval. Qualified buyers can choose the financing option that best fits their investment strategy. Units are occupied by long term tenants. 10+ years on average. $1000/month which is well below market rate. OPTION 1 • Purchase Price: $250,000 • Down Payment: $20,000 • Interest Rate: 9.5% • 30-Year Amortization • 12-Month Balloon OPTION 2 • Purchase Price: $265,000 • Down Payment: $30,000 • Interest Rate: 8.99% • 30-Year Amortization • 3-Year Balloon OPTION 3 • Purchase Price: $280,000 • Down Payment: $40,000 • Interest Rate: 8.5% • 30-Year Amortization • 5-Year Balloon Additional Seller Financing Terms • Buyer responsible for taxes, insurance, and maintenance. • Title will transfer upon payoff of the balloon balance or refinance. • Proof of funds and/or income verification required. • Serious investor inquiries only. • Financing structure subject to attorney-approved documentation • Balloon extension may be available for qualified buyers in good standing Cash price available upon request. Lower purchase prices are offered with shorter balloon terms, while longer financing terms are available at higher purchase prices.
    What the owner loves about this home
    What I love about this property is how unique and versatile it is. It’s rare to find a duplex in East Point for this price, giving an investor the opportunity to control an income-producing property. The layout creates multiple income strategies including long-term rentals, Section 8 housing, medium-term rentals, room rentals, or short-term rental opportunities. Each unit also offers potential flexibility for investors interested in increasing cash flow through additional room rental configurations, subject to buyer verification, local zoning, licensing, and compliance requirements. East Point Housing Authority currently pays approximately $1,650–$1,750 per month for qualifying 2-bedroom units, creating strong income potential for investors seeking stable cash flow. I also love the location and future upside. With the FIFA World Cup coming to Atlanta, continued airport expansion, and the rapid redevelopment happening throughout the area, I believe East Point still has significant growth ahead. Airbnb is also actively incentivizing new hosts in many markets, creating additional flexibility for future use strategies. The seller financing options make this opportunity even more attractive for investors looking to acquire property without traditional bank underwriting. Whether you are building a portfolio, house hacking, or looking for a long-term appreciation play, this property offers strong potential and flexibility.
    22 days
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    722
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    71
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    Listed by:

    Property Owner (706) 872-6797

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced air, Electric
      Cooling
      • Other
      Appliances
      • Included: Range / Oven, Refrigerator
      Interior area
      • Total interior livable area: 1,664 sqft

      Property

      Parking
      • Parking features: Off-street
      Features
      • Exterior features: Brick
      Lot
      • Size: 0.29 Acres
      Details
      • Parcel number: 14012500090317

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Stone
      • Foundation: Crawl/Raised
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 1963

      Community & HOA

      Location
      • Region: East Pt

      Financial & listing details

      • Price per square foot: $150/sqft
      • Tax assessed value: $229,400
      • Annual tax amount: $2,397
      • Date on market: 6/26/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,594/mo

        Price history

        DateEventPrice
        6/26/2026Listed for sale$250,000-6%$150/sqft
        Source: Owner Report a problem
        1/16/2026Listing removed$265,900$160/sqft
        Source: FMLS GA #7678783 Report a problem
        12/16/2025Price change$265,900-3.3%$160/sqft
        Source: FMLS GA #7678783 Report a problem
        11/8/2025Listed for sale$275,000$165/sqft
        Source: FMLS GA #7678783 Report a problem
        9/9/2025Listing removed$275,000$165/sqft
        Source: FMLS GA #7634701 Report a problem
        8/19/2025Listed for sale$275,000+120%$165/sqft
        Source: FMLS GA #7634701 Report a problem
        1/17/2017Sold$125,000+13.6%$75/sqft
        Source: Public Record Report a problem
        4/1/2014Listing removed$110,000$66/sqft
        Source: Solid Source Realty #5231246 Report a problem
        12/19/2013Listed for sale$110,000-29%$66/sqft
        Source: Solid Source Realty, Inc #07197547 Report a problem
        7/14/2007Listing removed$155,000$93/sqft
        Source: Owner Report a problem
        2/7/2007Listed for sale$155,000+93.8%$93/sqft
        Source: Owner Report a problem
        6/4/1999Sold$80,000$48/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,397 -18.7%$91,760 -18.5%
        2023$2,948 +33.3%$112,560 +33.9%
        2022$2,212 -0.1%$84,080 +3%
        2021$2,215 +26%$81,640 +31.1%
        2020$1,758 +96.7%$62,280 +90.1%
        2019$894 $32,760 +76.5%
        2018$894 $18,560 +119.9%
        2017$894 +84.3%$8,440
        2016$485 -0.2%$8,440
        2015$486 +87.8%$8,440
        2014$259 +7.8%$8,440 +2.4%
        2013$240 -11.9%$8,240 -11.6%
        2012$273 $9,320 -57.9%
        2011-- $22,160 -48.6%
        2010$1,252 +3.6%$43,120
        2009$1,209 $43,120 -21.8%
        2008-- $55,120 -0.1%
        2007$1,579 $55,160
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 30344

        Getting around

        40 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Parklane
        • Middle: Paul D. West
        • High: Tri-Cities

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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