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    • $270,000

    85 Meldon Ave SE, Atlanta, GA 30315

    3beds
    1,232sqft
    Single Family Residence
    Built in 1920
    6,490 Square Feet Lot
    $285,700 Zestimate®
    $219/sqft
    $2,254 Estimated rent

    Home value

    $285,700

    $271,000 - $300,000

    $2,254/mo

    Zestimate® history
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    What's special

    This offering presents a prime opportunity to acquire a stabilized, income-producing residential investment property located in the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totaling approximately 1,232 square feet, situated on a corner lot with a large, level backyard and convenient off-street parking. Originally utilized as a short-term rental (Airbnb), the property has since transitioned into a long-term tenancy, providing consistent monthly income and reduced management intensity. The current lease ensures immediate cash flow upon acquisition, making this an ideal turnkey investment for both new and seasoned investors. The residence was built in 1920 and extensively updated to meet modern living standards while maintaining its classic architectural character. Interior improvements include refinished hardwood flooring, a fully updated kitchen with white cabinetry and stainless-steel appliances, upgraded bathrooms, and high ceilings throughout. The exterior features low-maintenance vinyl siding and a welcoming front porch that enhances curb appeal. Strategically positioned near Downtown Atlanta, Mercedes-Benz Stadium, Hartsfield-Jackson International Airport, and the Pittsburgh Yards redevelopment, the property benefits from strong rental demand and long-term appreciation potential within this rapidly improving corridor.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shantia Whitfield 404-324-9139,

    Coldwell Banker Realty

    Bought with:

    John Mangham, 136498

    EpiCity, Inc.

    Source: GAMLS,MLS#: 10707046MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Foyer, Other
    Kitchen
    • Features: Breakfast Bar, Pantry
    Heating
    • Central, Electric, Forced Air
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher
    • Laundry: Laundry Closet
    Features
    • Double Vanity, High Ceilings, Master On Main Level, Tray Ceiling(s)
    • Flooring: Hardwood, Tile
    • Windows: Double Pane Windows
    • Basement: None
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,232
    • Total interior livable area: 1,232 sqft
    • Finished area above ground: 1,232
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Parking Pad
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Has view: Yes
    • View description: City
    • Body of water: None
    Lot
    • Size: 6,490 Square Feet
    • Features: Corner Lot, Level
    Details
    • Parcel number: 14 005700050172
    • Special conditions: Investor Owned

    Construction

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

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: None
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: South Atlanta
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Atlanta

    Financial & listing details

    • Price per square foot: $219/sqft
    • Tax assessed value: $286,100
    • Annual tax amount: $5,144
    • Date on market: 3/9/2026
    • Cumulative days on market: 16 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Assumable,Cash,Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/1/2026Listing removed$2,200$2/sqft
    Source: Zillow Rentals Report a problem
    6/13/2026Listed for rent$2,200$2/sqft
    Source: Zillow Rentals Report a problem
    6/3/2026Listing removed$2,200$2/sqft
    Source: Zillow Rentals Report a problem
    4/28/2026Sold$270,000-6.9%$219/sqft
    Source: GAMLS #10707046 Report a problem
    4/9/2026Listed for rent$2,200-8.3%$2/sqft
    Source: Zillow Rentals Report a problem
    4/5/2026Pending sale$289,900$235/sqft
    Source: FMLS GA #7731909 Report a problem
    3/9/2026Listed for sale$289,900-10.8%$235/sqft
    Source: FMLS GA #7731909 Report a problem
    3/2/2026Listing removed$325,000$264/sqft
    Source: GAMLS #10626933 Report a problem
    1/26/2026Price change$325,000+6.6%$264/sqft
    Source: GAMLS #10626933 Report a problem
    12/8/2025Price change$305,000-14.1%$248/sqft
    Source: GAMLS #10626933 Report a problem
    10/17/2025Listed for sale$355,000-10.1%$288/sqft
    Source: FMLS GA #7667135 Report a problem
    5/8/2024Listing removed--
    Source: FMLS GA #7330764 Report a problem
    1/30/2024Listed for rent$2,400$2/sqft
    Source: FMLS GA #7330764 Report a problem
    1/23/2024Listing removed$395,000$321/sqft
    Source: FMLS GA #7304212 Report a problem
    12/7/2023Price change$395,000-14.1%$321/sqft
    Source: FMLS GA #7304212 Report a problem
    11/16/2023Listed for sale$460,000+67.3%$373/sqft
    Source: FMLS GA #7304212 Report a problem
    9/3/2023Listing removed--
    Source: FMLS GA #6916228 Report a problem
    9/2/2021Sold$275,000-3.5%$223/sqft
    Source: GAMLS #9016181 Report a problem
    7/31/2021Pending sale$285,000$231/sqft
    Source: FMLS GA #6916228 Report a problem
    7/16/2021Listed for sale$285,000$231/sqft
    Source: FMLS GA #6916228 Report a problem
    6/16/2021Contingent$285,000$231/sqft
    Source: GAMLS #8907306 Report a problem
    6/16/2021Pending sale$285,000$231/sqft
    Source: GAMLS #8907306 Report a problem
    5/5/2021Price change$285,000-1.7%$231/sqft
    Source: GAMLS #8907306 Report a problem
    4/2/2021Price change$290,000-1.2%$235/sqft
    Source: GAMLS #8907306 Report a problem
    2/7/2021Price change$293,500-2.1%$238/sqft
    Source: GAMLS #8907306 Report a problem
    1/3/2021Listed for sale$299,900+216%$243/sqft
    Source: KELLER WILLIAMS REALTY AME #8907306 Report a problem
    5/19/2020Listing removed$94,900+5.4%$77/sqft
    Source: EXP Realty LLC #8773856 Report a problem
    5/7/2020Sold$90,000+38.5%$73/sqft
    Source: FMLS GA #6710661 Report a problem
    3/20/2020Sold$65,000$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,682 -9%$114,440 -8.9%
    2024$5,144 +39.1%$125,640 +8.4%
    2023$3,697 -6.4%$115,880 +18.7%
    2022$3,950 +53.4%$97,600 +58.4%
    2021$2,575 +69.9%$61,600 +68.3%
    2020$1,515 +318.1%$36,600 +0.8%
    2019$362 $36,320 +261.8%
    2018$362 $10,040 +4.1%
    2017$362 +1.3%$9,640
    2016$358 +2407.4%$9,640
    2015$14 -90.9%$9,640
    2014$156 $9,640 +9.5%
    2013-- $8,800
    2012$11 $8,800 -64.9%
    2011-- $25,080
    2010$30 $25,080
    2009-- $25,080 -11.4%
    2008-- $28,320
    2007-- $28,320 +14.2%
    2005-- $24,800 +3.2%
    2004-- $24,040 +3.4%
    2003-- $23,240 +12.4%
    2002-- $20,680 +7.9%
    2001$53 $19,160
    Find assessor info on the county website

    Neighborhood: South Atlanta

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Slater
    • Middle: Price
    • High: Carver

    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
    $285,700
    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
    $285,700

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