If you’ve been looking for a solid investment in one of Atlanta’s most sought-after areas, 494 Parkway is it. Step into a piece of Atlanta history with this classic 1928 duplex in the vibrant Old Fourth Ward. Each unit offers 1800 sq ft of light-filled space with 2 living rooms, a separate dining room, 3 generous bedrooms, and 2 full baths. Location is key, and this property delivers. You’ll be just moments away from Ponce City Market, Central Park, and the Old Fourth Ward Park and Playground. This neighborhood is not only full of life but also holds strong potential for future appreciation. Whether you’re looking to continue renting out both units as they are or considering a renovation to increase rental income, this property has flexibility. Perfect for a house hack, live in one unit while renting out the other to offset your mortgage. Don’t miss out on this rare find in one of Atlanta’s most desirable neighborhoods!
Closed
$865,500
494 Parkway Dr NE, Atlanta, GA 30308
6beds
4baths
--sqft
Duplex, Residential Income
Built in 1928
-- sqft lot
$906,600 Zestimate®
$--/sqft
$2,830 Estimated rent
Home value
$906,600
$843,000 - $979,000
$2,830/mo
Zestimate® history
Owner options
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$2,830/mo
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$2,830/mo
Rent Zestimate®
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$5,267/mo
Est. payment
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$5,267/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Sara Cowley,
Golley Realty Group
Bought with:
Rosalyn McDonald, 284567
ERA Sunrise Realty
Source: FMLS GA,MLS#: 7434897
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Carpet, Ceramic Tile, Hardwood
- Windows: None
Property
Parking
- Total spaces: 6
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: No Dock
- Fencing: Back Yard
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
- Body of water: None
Lot
- Size: 8,006 Square Feet
- Dimensions: 48x134
- Features: Other
Details
- Parcel number: 14 004700050076
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Residential Income
Materials
- Brick 3 Sides, HardiPlank Type
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Sidewalks, Street Lights
- Security: None
- Subdivision: Old Fourth Ward
HOA
- Has HOA: No
Location
- Region: Atlanta
Financial & listing details
- Tax assessed value: $874,500
- Annual tax amount: $12,685
- Date on market: 8/9/2024
- Cumulative days on market: 3 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2024 | Sold | $865,500-1.1% |
Source:  FMLS GA #7434897 Report a problem | ||
| 8/14/2024 | Contingent | $875,000 |
Source:  GAMLS #10355426 Report a problem | ||
| 8/9/2024 | Listed for sale | $875,000+42.3% |
Source: FMLS GA #7434897 Report a problem | ||
| 11/29/2017 | Sold | $615,000+138.8% |
Source:  FMLS GA #5913135 Report a problem | ||
| 2/20/2002 | Sold | $257,500+101.2% |
Source: Public Record Report a problem | ||
| 12/9/1994 | Sold | $128,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,310 +17.6% | $349,800 |
| 2024 | $12,173 +23.2% | $349,800 +12.9% |
| 2023 | $9,881 -13.2% | $309,760 +10.2% |
| 2022 | $11,379 +14.2% | $281,160 +14.3% |
| 2021 | $9,965 -22.5% | $246,000 -20.8% |
| 2020 | $12,862 +39.9% | $310,680 +17.3% |
| 2019 | $9,193 | $264,800 +7.6% |
| 2018 | $9,193 | $246,000 +22.5% |
| 2017 | $9,193 -3.8% | $200,880 |
| 2016 | $9,553 +73.7% | $200,880 |
| 2015 | $5,500 +13.7% | $200,880 +88.3% |
| 2014 | $4,837 +4.8% | $106,680 +2% |
| 2013 | $4,615 +16.2% | $104,600 +17% |
| 2012 | $3,972 | $89,400 |
| 2011 | -- | $89,400 |
| 2010 | $2,881 +201% | $89,400 -53.1% |
| 2009 | $957 | $190,760 |
| 2008 | -- | $190,760 +7.2% |
| 2007 | $898 | $177,920 |
Find assessor info on the county website
Neighborhood: Old Fourth Ward
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Hope Hill Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 9/10David T Howard Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Midtown High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Hope-Hill
- Middle: David T Howard
- High: Midtown
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$906,600
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Estimated market value
$906,600
- Georgia
- Fulton County
- Atlanta
- 30308
- Old Fourth Ward
- 494 Parkway Dr NE
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