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$430,000
488 Mcwilliams Avenue SE, Atlanta, GA 30316Listing ID 7545991

488 Mcwilliams Avenue SE, Atlanta, GA 30316

Sold
Glenwood
Time on site: 482 daysLast updated: Dec 11, 2025
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
1
Square Feet
Square Feet
1,410
Acres
Acres
0.25
Cooling
Cooling
Ceiling Fan(s), Central Air
Heating
Heating
Central, Forced Air, Natural Gas
Year Built
Year Built
1946
Parking
Parking
Driveway

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—** Don’t miss this chance to secure a home with instant equity and flexible terms!

Property Information

Property Details

Location

Address
488 Mcwilliams Avenue SE
County
Dekalb - GA
City
Atlanta
Zip Code
30316
Subdivision
Glenwood
High School
Maynard Jackson
Elementary School
Burgess-Peterson
Keller Williams Realty ATL Part, (770) 692-0888Bought with Keller Williams Realty Metro Atlanta

Interior Features

Beds and Baths

Bedrooms
3
Main Level Bedrooms
3
Full Bathrooms
1
Bedroom Features
Master on Main

Building

Building Information

Square Feet
1,410
Year Built
1946
Construction
Concrete, HardiPlank Type
Foundation
Brick/Mortar
Roof
Composition, Shingle
Condition
Resale

Property Taxes

Tax Annual Amount
$1,415
Tax Year
2024
Source: First Multiple Listing Service
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