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171 Anderson Avenue NW

Atlanta, GA 30314

– beds
– baths
– sqft
10,019 sqft lot
1933 build
– on site

Offered at $475,000 with a CAP rate of 7.5%, this investment property boasts a potential annual gross income of $65,000. Currently 100% occupied with many tenants currently applying, it's a perfect 1031 exchange candidate or even for a first-time investment. Renovated in 2024 as an investment property, it includes 8 rooms and 3 bathrooms. The house has a full kitchen, as well as updated features including new HVAC, water heater, wash/dryer, and keyless entry. The property is in close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Property is great for DSCR loan or even a 1031 exchange. This property is for sale by the owner and can be reached at via phone (803-760-3631) or via email (stuarthhope@gmail.com). Tours can be scheduled after proof of funds have been sent and an initial call between the buyer and the seller has occurred.

Listing courtesy of GAMLS / Stuart Hope / Atlanta Leasing & Investment

Last checked: Checking… • Last updated Mar 8, 2025 •

MLS# 10474687 —

The Building

Year Built:

1933
Construction Materials:

Brick, Concrete
Structure Type:

House
# of Units Total:

1
Levels:

Two
Basement:

Crawl Space

Financial & Terms

Possession:

Close Of Escrow
Owner Pays:

Electricity, Gas, Sewer, Trash Collection, Water

Location

Latitude:

33.759049
Longitude:

-84.450134

The Property

Property Type:

Residential Income
Property Condition:

Updated/Remodeled
Lot Size Acres:

0.23
Lot Size Source:

Public Records
Parcel Number:

14 017400090119

Listing Agent

Contact info:

Taxes

Tax Year:

22
Tax Annual Amount:

$1,032.69

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

Peyton Forest
Middle School:

J. L. Invictus Academy
High School:

Douglass

The Community

Subdivision:

NA
Community Features:

None
Association:

No
Association Fee Includes:

None

Parking

Parking Features:

Off Street

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
3/8/25 Mar 8, 2025	Listed / Active	GAMLS	$475,000
7/29/24 Jul 29, 2024	Listed / Active	GAMLS
7/26/24 Jul 26, 2024	Listed / Active	FMLS

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This multifamily located in Northwest Atlanta, Atlanta, GA 30314 is currently for sale for $475,000. 171 Anderson Avenue NW is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 171 Anderson Avenue NW is in the Northwest Atlanta neighborhood of Atlanta and has a WalkScore® of 16, making it car-dependent. This multifamily is in the attendance area of Kipp Woodson Park Academy, John Lewis Invictus Academy, Frederick Douglass High School, and Frederick Douglass High School 9th Grade Steam Academy.

Listing Courtesy of: GAMLS and Atlanta Leasing & Investment.

© 2025 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. GAMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.