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    • $815,000

    537 Morgan St NE, Atlanta, GA 30308

    4beds
    2,450sqft
    Single Family Residence
    Built in 1920
    3,833 Square Feet Lot
    $816,700 Zestimate®
    $333/sqft
    $4,755 Estimated rent

    Home value

    $816,700

    $760,000 - $882,000

    $4,755/mo

    Zestimate® history
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    What's special

    Fantastic cash-flow investment opportunity! This high-performing triplex is fully occupied and generating strong returns, offering investors immediate income and minimal vacancy risk from day one. Ideal for both owner-occupants interested in "house hacking" and traditional investors, this property combines versatility, charm, and a prime location. The top-floor unit features a spacious single-family-style layout with 2 bedrooms, 2 bathrooms, a bonus room, separate living and dining areas, and a private backyard. Each of the two lower units offers 1 bedroom and 1 bathroom. Whether you plan to live in one unit while renting the others or pursue a straightforward rental strategy, this property balances character with solid investment fundamentals. Located just one block from Ponce City Market, the Beltline, and Historic Fourth Ward Park-with convenient access to major highways and public transportation-this triplex ensures exceptional walkability and connectivity. The property also allows short-term rentals, producing monthly income between $1,300-$2,200 per selected unit. In total, the property offers 4 bedrooms and 4 bathrooms across all units. With its prime location, strong performance, and flexible use options, this is a true gem for anyone seeking a lucrative and reliable investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rita Sinclair 678-596-9718,

    Realty One Group Edge

    Bought with:

    Non Mls Salesperson

    Non-Mls Company

    Source: GAMLS,MLS#: 10654952MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bonus Room, Laundry, Other
    Kitchen
    • Features: Pantry
    Heating
    • Central, Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    • Laundry: Other
    Features
    • Other
    • Flooring: Carpet, Laminate, Tile
    • Windows: Window Treatments
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,450
    • Total interior livable area: 2,450 sqft
    • Finished area above ground: 2,450
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio
    • Exterior features: Other
    • Fencing: Other
    • Waterfront features: No Dock Or Boathouse
    • Body of water: None
    Lot
    • Size: 3,833 Square Feet
    • Features: Level
    Details
    • Parcel number: 14 004700031100
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow/Cottage
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Stucco
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Park, Sidewalks, Street Lights, Near Public Transport, Walk To Schools, Near Shopping
    • Security: Carbon Monoxide Detector(s)
    • Subdivision: Old Fourth Ward
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Atlanta

    Financial & listing details

    • Price per square foot: $333/sqft
    • Tax assessed value: $844,200
    • Annual tax amount: $6
    • Date on market: 12/8/2025
    • Cumulative days on market: 32 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/16/2026Sold$815,000+1.9%$333/sqft
    Source: GAMLS #10654952 Report a problem
    1/10/2026Pending sale$800,000$327/sqft
    Source: GAMLS #10654952 Report a problem
    12/9/2025Listed for sale$800,000+1.9%$327/sqft
    Source: GAMLS #10654952 Report a problem
    9/11/2024Sold$785,000+0.7%$320/sqft
    Source: Public Record Report a problem
    7/29/2024Pending sale$779,900$318/sqft
    Source: FMLS GA #7423222 Report a problem
    7/18/2024Listed for sale$779,900+199%$318/sqft
    Source: GAMLS #10340862 Report a problem
    8/29/2013Sold$260,800+6.4%$106/sqft
    Source: Public Record Report a problem
    12/8/2008Sold$245,000-9.3%$100/sqft
    Source: Public Record Report a problem
    10/19/2008Listed for sale$270,000+108.3%$110/sqft
    Source: Listhub #3802496 Report a problem
    9/3/2008Sold$129,600-47.2%$53/sqft
    Source: Public Record Report a problem
    5/27/2008Sold$245,563+49.3%$100/sqft
    Source: Public Record Report a problem
    11/7/2007Sold$164,500-5.5%$67/sqft
    Source: Public Record Report a problem
    12/21/2006Sold$174,000-61.3%$71/sqft
    Source: Public Record Report a problem
    10/12/2005Sold$450,000$184/sqft
    Source: Public Record Report a problem
    6/6/2005Sold$450,000$184/sqft
    Source: Public Record Report a problem
    3/1/2005Sold$450,000+221.4%$184/sqft
    Source: Public Record Report a problem
    7/23/2003Sold$140,000$57/sqft
    Source: Public Record Report a problem
    5/13/2002Sold$140,000-27.5%$57/sqft
    Source: Public Record Report a problem
    8/4/2000Sold$193,000+250.9%$79/sqft
    Source: Public Record Report a problem
    6/18/1998Sold$55,000-32.9%$22/sqft
    Source: Public Record Report a problem
    2/19/1998Sold$82,000-46.4%$33/sqft
    Source: Public Record Report a problem
    8/6/1996Sold$153,000$62/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,814 +71.1%$337,680 +35.4%
    2024$8,072 +46.8%$249,400
    2023$5,497 -21.2%$249,400 +13.6%
    2022$6,975 +10.7%$219,560 +10.4%
    2021$6,298 -26.9%$198,800 -4.5%
    2020$8,615 +16.2%$208,080 +14.9%
    2019$7,411 $181,120 +2.4%
    2018$7,411 $176,880 +10.1%
    2017$7,411 +485.1%$160,640
    2016$1,267 -78.1%$160,640 -41.1%
    2015$5,787 +22.4%$272,960 +161.7%
    2014$4,730 $104,310 +10.6%
    2013-- $94,320 -21.4%
    2012$981 $119,960
    2011-- $119,960
    2010$4,231 +200.2%$119,960 -23.8%
    2009$1,409 $157,440 -0.1%
    2008-- $157,600
    2007$1,660 -54.2%$157,600 +98.6%
    2002$3,627 +45.5%$79,360 +36.9%
    2001$2,493 $57,960
    Find assessor info on the county website

    Neighborhood: Old Fourth Ward

    Nearby homes

    Nearby schools

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

    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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    Estimated market value
    $816,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $816,700

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