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    • $300,000

    3224 Ward Dr SE, Atlanta, GA 30354

    --beds
    --baths
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    Multi Family
    Built in 1960
    -- sqft lot
    $285,800 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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Israel Obregon 770-681-0703,

    O. Realty, LLC

    Source: GAMLS,MLS#: 10797112MLS Logo

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      Facts & features

      Interior

      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Basement: Full
      • Has fireplace: No

      Property

      Parking
      • Total spaces: 1
      • Parking features: Parking Pad
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 9,496 Square Feet
      Details
      • Parcel number: 14 006200010187
      • Special conditions: Rental

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1960

      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: J Frank Lee
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Atlanta

      Financial & listing details

      • Tax assessed value: $164,500
      • Annual tax amount: $2,289
      • Date on market: 7/1/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: 1031 Exchange,Other

        Estimated market value

        $285,800

        $272,000 - $300,000

        $1,575/mo

        Price history

        DateEventPrice
        7/1/2026Listed for sale$300,000
        Source: GAMLS #10797112 Report a problem
        7/1/2026Listing removed$300,000
        Source: GAMLS #10780029 Report a problem
        6/5/2026Listed for sale$300,000+757.1%
        Source: GAMLS #10780029 Report a problem
        11/30/2016Sold$35,000+69%
        Source: Public Record Report a problem
        1/13/2016Sold$20,715+25.5%
        Source: Public Record Report a problem
        3/3/2015Sold$16,500-52%
        Source: Public Record Report a problem
        11/9/2013Listing removed$725
        Source: 3 Options Realty Report a problem
        10/22/2013Listed for rent$725
        Source: 3 Options Realty Report a problem
        2/15/2012Sold$34,400+129.3%
        Source: Public Record Report a problem
        7/5/2011Sold$15,001
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,290 +9.1%$65,800
        2023$2,099 -2.5%$65,800 +23.7%
        2022$2,153 +30%$53,200 +31.6%
        2021$1,656 +35.1%$40,440 +36.6%
        2020$1,225 +63%$29,600 +1.8%
        2019$752 $29,080 +360.1%
        2018$752 $6,320 +3.3%
        2017$752 -0.4%$6,120
        2016$755 +0.9%$6,120
        2015$748 $6,120
        2014$748 +221.1%$6,120 +15.9%
        2013$233 -31.7%$5,280 -31.3%
        2012$341 $7,680 -42.3%
        2011-- $13,320 -59.1%
        2010$371 +118.2%$32,560 -8.8%
        2009$170 $35,720 -31.4%
        2008-- $52,040 -0.1%
        2007$191 $52,080 +26.3%
        2005-- $41,240 +3.8%
        2004$204 -71.8%$39,720 +3.9%
        2003$722 $38,240 +10.8%
        2002-- $34,520 +19.9%
        2001$403 $28,800
        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: 30354

        Getting around

        34 / 100
        Car-Dependent
        39 / 100
        Some Transit
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Heritage
        • 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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