Explore the Neighborhoods of Metro Atlanta and North Georgia

Loading neighborhoods...

©2026 Metro Brokers, Inc. All rights reserved. Better Homes and Gardens® and the Better Homes and Gardens Real Estate Logo are registered service marks owned by Meredith Operations Corporation and licensed to Better Homes and Gardens Real Estate LLC. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with, or related to Better Homes and Gardens Real Estate LLC, nor any of its affiliated companies. Metro Brokers, Inc. fully supports the principles of the Fair Housing Act and Equal Opportunity Act.

Explore the Neighborhoods of Metro Atlanta and North Georgia

Inman Park

$300,000

3224 Ward Drive SE, Atlanta, GA 30354Listing ID 10780029

3224 Ward Drive SE, Atlanta, GA 30354

Active

J Frank Lee

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

Property Type

Residential Income

Property Sub Type

Multi Family

Acres

0.22

Days on Site

5

Cooling

Central Air

Heating

Central

Year Built

1960

Parking

Parking Pad

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

3224 Ward Drive SE

County

Fulton

City

Atlanta

Zip Code

30354

Subdivision

J Frank Lee

High School

South Atlanta

Elementary School

Heritage

Interior Features

Heating and Cooling

Cooling

Central Air

Heating

Central

Building

Building Information

Year Built

1960

Construction

Brick

Condition

Updated/Remodeled

Financial

Special Conditions

Rental

Property Taxes

Tax Annual Amount

$2,290

Tax Year

24

Listing provided by O. Realty, LLC, (770) 681-0703

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