THIS IS NOT A CAP RATE DEAL. NO OWNER FINANCING. 7-UNIT APARTMENT BUILDING IN GREAT LOCATION! 1.5 miles from Georgia Tech. 1.8 miles from downtown Atlanta. 1.5 miles from West Midtown. 1.6 miles from Mercedes Benz Stadium, 1.7 miles to Georgia Aquarium. Six (6) of the seven (7) units are currently under lease contracts @ $825/mo. The 7th unit is available for viewing. Each unit - 2bd, 1 bath. Central Air & Heat. Totally electric. This Apartment Building sits in the English Avenue area, .05 miles from Vine City Community. There are several up and coming work and entertainment projects being developed in the general area. Renovations and updates will be needed to enhance the property’s overall market appeal. Property being Sold “AS IS”. THIS OPPORTUNITY DOES NOT REPRESENT A ROBUST CAP RATE DEAL IN ITS CURRENT CONDITION!
Closed
$760,000
550 Joseph E Lowery Blvd NW, Atlanta, GA 30314
2beds
1baths
--sqft
Other, Residential Income
Built in 1960
-- sqft lot
$769,600 Zestimate®
$--/sqft
$1,376 Estimated rent
Home value
$769,600
$708,000 - $839,000
$1,376/mo
Zestimate® history
Owner options
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$1,376/mo
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$1,376/mo
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$4,611/mo
Est. payment
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$4,611/mo
Est. payment
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Central air and heatTotally electric
Zillow last checked:
Listing updated:
Listed by:
Lawrence Leslie,
Homesmart Realty Partners 770-883-2708
Bought with:
Leah Robinson Christian, 355568
Engel & Volkers Atlanta
Source: FMLS GA,MLS#: 7538395
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Electric, Forced Air
Cooling
- Central Air, Electric
Features
- Windows: Double Pane Windows, Wood Frames
Property
Parking
- Total spaces: 7
- Parking features: Parking Lot, Paved
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: No Dock
- Fencing: Back Yard,Chain Link,Fenced,Wood
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.4 Acres
- Features: Level
Details
- Parcel number: 14 011400031272
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other, Residential Income
Materials
- Brick 4 Sides
- Roof: Composition,Shingle,Tar/Gravel
Condition
- Resale
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: Carbon Monoxide Detector(s)
- Subdivision: Subdivision/Er Elliott Prop
HOA
- Has HOA: No
Location
- Region: Atlanta
Financial & listing details
- Annual tax amount: $5,971
- Date on market: 3/10/2025
- Cumulative days on market: 268 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Sold | $760,000-13.1% |
Source:  FMLS GA #7538395 Report a problem | ||
| 3/3/2026 | Pending sale | $875,000 |
Source: FMLS GA #7538395 Report a problem | ||
| 3/2/2026 | Listed for sale | $875,000 |
Source: FMLS GA #7538395 Report a problem | ||
| 1/24/2026 | Pending sale | $875,000 |
Source: FMLS GA #7538395 Report a problem | ||
| 1/23/2026 | Listed for sale | $875,000 |
Source: FMLS GA #7538395 Report a problem | ||
| 1/20/2026 | Pending sale | $875,000 |
Source: FMLS GA #7538395 Report a problem | ||
| 5/1/2025 | Price change | $875,000-6.4% |
Source:  GAMLS #10476685 Report a problem | ||
| 3/11/2025 | Listed for sale | $935,000-25.2% |
Source: FMLS GA #7538395 Report a problem | ||
| 1/1/2025 | Listing removed | $1,250,000 |
Source: FMLS GA #7319469 Report a problem | ||
| 11/18/2024 | Listed for sale | $1,250,000 |
Source: FMLS GA #7319469 Report a problem | ||
| 10/29/2024 | Pending sale | $1,250,000 |
Source: FMLS GA #7319469 Report a problem | ||
| 4/9/2024 | Listed for sale | $1,250,000-13.8% |
Source: FMLS GA #7319469 Report a problem | ||
| 3/30/2024 | Listing removed | $1,450,000 |
Source: FMLS GA #7319469 Report a problem | ||
| 1/3/2024 | Listed for sale | $1,450,000 |
Source: FMLS GA #7319469 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Bankhead
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Nearby schools
GreatSchools rating
- 4/10Michael R. Hollis Innovation AcademyGrades: PK-8Distance: 0.7 mi
- 2/10Booker T. Washington High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: M. A. Jones
- High: Booker T. Washington
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
$769,600
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
$769,600
- Georgia
- Fulton County
- Atlanta
- 30314
- Bankhead
- 550 Joseph E Lowery Blvd NW
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