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$235,000
1860 North Avenue NW, Atlanta, GA 30318Listing ID 7725578

1860 North Avenue NW, Atlanta, GA 30318

Active
Grove Park
Time on site: 169 daysLast updated: Apr 10, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Other
Acres
Acres
0.25
Days on Site
Days on Site
168
Cooling
Cooling
Central Air
Heating
Heating
Forced Air, Natural Gas
Year Built
Year Built
1940
Parking
Parking
Paved

Priced for the savvy investor, this high-performance value-add property (light cleanup, minor repairs and tree removal-roof was replaced in 2022 and HVAC was replaced in 2021) offers an immediate foothold in Atlanta’s rapidly appreciating Grove Park. Since 2022, the asset has established a robust performance history, currently generating an average monthly gross income of $3,764 (T-12) with a clear pro forma path to $4,805 and a projected 17.9% cash-on-cash return. This 1,770 sq ft residence features a high-density 7-bedroom, 2-bathroom layout perfectly optimized for a turnkey co-living investment. Situated on a quiet, well-maintained street backing up to a serene wooded buffer, the home offers a rare blend of privacy and premier accessibility—located just 250 feet from a MARTA stop and minutes from the heart of Downtown Atlanta. The property is strategically positioned to capitalize on the massive economic tailwinds surrounding Westside Park and major nearby redevelopments, including the 20-acre Cypress Grove project and the Microsoft-backed mixed-income community. With light renovations, an investor can maximize the existing revenue model in an "A+" location near prime shopping and dining. Featuring ample parking and situated in one of the city's most transformative growth corridors, 1860 North Avenue NW is a strategic asset ready to deliver immediate, scalable cash flow.

Property Information

Property Details

Location

Address
1860 North Avenue NW
County
Fulton - GA
City
Atlanta
Zip Code
30318
Subdivision
Grove Park
High School
Fulton - Other
Elementary School
Woodson Park Academy
Keller Williams Realty Metro Atlanta, (404) 564-5560

Interior Features

Heating and Cooling

Cooling
Central Air
Heating
Forced Air, Natural Gas

Building

Building Information

Year Built
1940
Construction
Frame, Shingle Siding, Wood Siding
Roof
Shingle, Composition
Condition
Resale

Property Taxes

Tax Annual Amount
$5,562
Tax Year
2025
Source: First Multiple Listing Service
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