488 Mcwilliams Avenue SE
Atlanta, GA 30316
- 3 beds
- 1 bath
- 10,890 sqft lot
- 1946 build
- – on site
_________________ NO BLIND OFFERS ______________Seller/Owner Financing Available........ ---- WE NEED IT SOLD ASAP! --- ALL OFFERS - HIGHEST & BEST DUE by 7:00pm ---- 4/25/2025. This is the perfect opportunity for both savvy investors and families looking to build equity from day one. Located in a quiet, well-established neighborhood, this solid home offers great fundamentals with only minor updates needed to unlock its full potential. Whether you're looking for a smart long-term investment or a place to call home while you add your own finishing touches, this property checks all the boxes. The layout is functional and family-friendly, featuring spacious living areas, generously sized bedrooms, and good natural light throughout. The kitchen and bathrooms are fully functional but offer room for simple cosmetic improvements—ideal for buyers looking to build sweat equity. Investors will appreciate the strong value-add upside, while families will love the chance to create a personalized space without breaking the bank. Outside, the property features a large yard with plenty of room for kids, pets, or future enhancements. Mechanicals are in good shape, and there’s off-street parking included. Whether you're a buy-and-hold investor, a house hacker, or a growing family, this home offers flexibility, long-term upside, and immediate livability. --- Charming Cottage in East Lake – Atlanta, GA. Welcome to this delightful cottage nestled in the heart of Atlanta’s pedestrian-friendly Glenwood community. Situated on a generous 0.25-acre lot, this home offers both comfort and character in a location you’ll love. Whether you're a first-time buyer or looking to downsize without compromise, this charming Glenwood cottage is move-in ready and full of potential. Come see what makes this property such a rare find in Atlanta! **Special terms available: Owner/Seller financing with 30% down, 5.75% interest, 30-year amortization, and a 5-year balloon—making this a rare find in today’s market.** Seller is highly responsive and prepared to move quickly. All offers will be reviewed—**submit your best offer by 7:00 PM on April 25th, 2025.** Owner/Agent/Seller are committed to a timely sale and open to creative deal structures. D on’t miss this chance to secure a home with instant equity and flexible terms!
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Checking…
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Last updated Apr 18, 2025
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MLS# 7545991 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1946
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Construction Materials:Concrete
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Building Area Source:Owner
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Architectural Style:Bungalow
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Levels:One
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Foundation Details:Brick/Mortar
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Roof:Composition
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Basement:Crawl Space
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Common Walls:No Common Walls
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Exterior Features:Private Entrance
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Window Features:Double Pane Windows
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Security Features:None
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Patio And Porch Features:Front Porch
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Accessibility Features:None
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Green Energy Efficient:None
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Building Area Total:1410
Interior
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Interior Features:Disappearing Attic Stairs
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Kitchen Features:Cabinets Other, Cabinets Stain, Laminate Counters, Solid Surface Counters
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Dining Room Features:Separate Dining Room
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Flooring:Carpet
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Other Equipment:None
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Laundry Features:Main Level
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Fireplace Features:None
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Room Type:Dining Room
Location
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Directions:Use GPS only - 488 Mcwilliams Ave Se, Atlanta, GA 30316
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Latitude:33.740651
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Longitude:-84.335741
The Property
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Parcel Number:15 178 03 014
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Property Type:Residential Detached
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Resale
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Lot Features:Back Yard
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Lot Size Acres:0.25
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Lot Size Dimensions:68x160x70x160
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Lot Size Source:Owner
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View:City
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Fencing:Chain Link
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Horse Amenities:None
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Other Structures:Shed(s)
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Waterfront Features:None
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Water Body Name:None
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
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Property Attached:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (678) 954-8484
- Office phone:
- (770) 692-0888
Taxes
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Tax Year:2024
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Tax Annual Amount:1415
Beds
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Bedrooms Total:3
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Bedroom Features:Master on Main
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Main Level Bedrooms:3
Baths
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Total Baths:1
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Full Baths:1
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Master Bath Features:Tub/Shower Combo
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Main Level Baths:1
The Listing
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/488-Mcwilliams-Avenue-SE-Atlanta-GA-30316/unbranded
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Home Warranty:false
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Special Listing Conditions:None
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Special Circumstances:Investor Owned
Heating & Cooling
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Cooling:Ceiling Fan(s)
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Heating:Central
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
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Electric:110 Volts
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Water Source:Public
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Green Energy Generation:None
Appliances
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Appliances:Microwave
Schools
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Elementary School:Burgess-Peterson
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Middle Or Junior School:Martin L. King Jr.
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High School:Maynard Jackson
The Community
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Subdivision Name:Glenwood
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Community Features:Other
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Association:false
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Spa Features:None
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Pool Features:None
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Pool Private:false
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Dock:None
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Assessment Due Contemplated:false
Parking
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Parking Features:Driveway
Listing Provided Courtesy of Keller Williams Realty ATL Part
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
Monthly cost estimate

Asking price
$437,700
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,343
|
Taxes | $117 |
Insurance | $120 |
Utilities | $173 See report |
Total | $2,753/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.