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$250,000

1259 Pineglen Drive, Riverdale, GA 30296Listing ID 10780016

1259 Pineglen Drive, Riverdale, GA 30296

Active

Heatherwood

Time on site: 6 days • Last updated: 5 days ago

Property Type

Residential Income

Property Sub Type

Multi Family

Acres

0.31

Days on Site

Cooling

Central Air

Heating

Central

Year Built

1967

Source: Georgia MLS

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

OBREGONI

Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.

Property Information

Property Details

Location

Address

1259 Pineglen Drive

County

Clayton

City

Riverdale

Zip Code

30296

Subdivision

Heatherwood

High School

North Clayton

Elementary School

Martin Luther King Jr

Interior Features

Heating and Cooling

Cooling

Central Air

Heating

Central

Building

Building Information

Year Built

1967

Construction

Wood Siding

Condition

Updated/Remodeled

Financial

Special Conditions

Rental

Property Taxes

Tax Annual Amount

$1,898

Tax Year

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