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  • Price cut: $10K (9/8)
    $339,900

    479 Old Wheat St NE, Atlanta, GA 30312

    --beds
    --baths
    1,045Square Feet
    Unimproved Land
    Built in ----
    1,045 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Surrounded by ongoing redevelopment
    Rare Intown Atlanta Development Opportunity in the Heart of Old Fourth Ward! Located at 479 Old Wheat Street NE, this Residential Lot offers a unique opportunity to build a Single-Family Home in one of Atlanta's most sought-after and rapidly evolving neighborhoods. Surrounded by a mix of Historic Charm, Modern Townhomes, Luxury Residences, and Commercial Development, this property sits just moments from the Atlanta BeltLine, Krog Street Market, Ponce City Market, Inman Park, Reynoldstown, Sweet Auburn, and Downtown Atlanta. Enjoy unparalleled access to some of the city's most popular Dining, Shopping, Entertainment, Parks, and Employment Centers, along with convenient connectivity to MARTA, I-75/I-85, and I-20. Positioned in an area experiencing continued growth and investment, this homesite offers the rare opportunity to create a custom residence in a premier Intown location while honoring the character and architectural fabric that make Old Fourth Ward so special. Adding to the appeal, the property includes Approved Plans designed to streamline the development process and help accelerate the path toward permitting and construction, offering a significant advantage for buyers ready to bring their vision to life. With Public Water and Sewer available and surrounded by ongoing redevelopment, this is a rare chance to secure a piece of real estate in one of Atlanta's most vibrant urban corridors. Whether you're looking to move forward with a planned project, build your dream home, or hold for future appreciation, opportunities in locations like this are becoming increasingly difficult to find. For investors, the property may also present attractive tax planning opportunities, including potential benefits associated with land improvements and current bonus depreciation provisions. Buyers should consult their tax advisor regarding eligibility and application based on their individual circumstances. This may be especially appealing for those seeking to redeploy capital gains into a tangible asset in one of Atlanta's fastest-growing Intown neighborhoods.
    128 days
    113
    6

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Landis 404-860-1816,

    Bolst,

    Ashton Ernst 770-298-1013,

    Bolst

    Source: GAMLS,MLS#: 10778527MLS Logo

      Facts & features

      Property

      Features
      • Body of water: None
      Lot
      • Size: 1,045 Square Feet
      • Features: Level, Private
      • Residential vegetation: Cleared
      Details
      • Parcel number: 14 004600121316

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Other

      Community & HOA

      Community
      • Features: Sidewalks, Street Lights, Near Public Transport, Walk To Schools, Near Shopping
      • Subdivision: Old Fourth Ward
      HOA
      • Has HOA: No
      Location
      • Region: Atlanta

      Financial & listing details

      • Tax assessed value: $168,500
      • Annual tax amount: $2,757
      • Date on market: 6/4/2026
      • Cumulative days on market: 129 days
      • Listing agreement: Exclusive Right To Sell
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/8/2026Price change$339,900-2.9%
        Source: GAMLS #10778527 Report a problem
        8/17/2026Price change$349,900-2.8%
        Source: GAMLS #10778527 Report a problem
        8/4/2026Price change$359,900-2.7%
        Source: GAMLS #10778527 Report a problem
        7/20/2026Price change$369,900-2.6%
        Source: GAMLS #10778527 Report a problem
        7/7/2026Price change$379,900-2.6%
        Source: GAMLS #10778527 Report a problem
        6/16/2026Price change$389,900-2.5%
        Source: GAMLS #10778527 Report a problem
        6/4/2026Listed for sale$399,900+433.2%
        Source: GAMLS #10778527 Report a problem
        8/1/2025Sold$75,000-6.3%
        Source: GAMLS #10534662 Report a problem
        7/28/2025Pending sale$80,000
        Source: GAMLS #10534662 Report a problem
        6/2/2025Listed for sale$80,000
        Source: GAMLS #10534662 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,757 -0.1%$67,400
        2024$2,759 +28.3%$67,400
        2023$2,150 -21.2%$67,400
        2022$2,728 +60.5%$67,400 -30.3%
        2021$1,700 -2.1%$96,720 +130.5%
        2020$1,737 +0.3%$41,960 +1.7%
        2019$1,733 $41,240 +2.4%
        2018$1,733 $40,280 +59.8%
        2017$1,733 +50.2%$25,200 -0.2%
        2016$1,153 +0.1%$25,240
        2015$1,153 +0.7%$25,240
        2014$1,144 +138.4%$25,240 -21.1%
        2013$480 -0.7%$32,000 +194.1%
        2012$483 -44.6%$10,880 -44.9%
        2010$873 -45.5%$19,760 -45.1%
        2009$1,600 $35,960
        2008-- $35,960 +13.9%
        2007$332 $31,560
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Old Fourth Ward

        Getting around

        96 / 100
        Walker's Paradise
        67 / 100
        Good Transit
        87 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hope Hill
        • Middle: David T Howard
        • High: Midtown

        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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