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$800,000
537 Morgan Street NE, Atlanta, GA 30308Listing ID 7690771

537 Morgan Street NE, Atlanta, GA 30308

Sold
Old Fourth Ward
Time on site: 247 daysLast updated: Feb 5, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
4
Acres
Acres
0.09
Cooling
Cooling
Ceiling Fan(s), Central Air
Heating
Heating
Baseboard, Natural Gas
Year Built
Year Built
1920
Parking
Parking
None

Fantastic cash-flow investment opportunity! This high-performing triplex is fully occupied and generating strong returns, offering investors immediate income and minimal vacancy risk from day one. Ideal for both owner-occupants interested in "house hacking" and traditional investors, this property combines versatility, charm, and a prime location. The top-floor unit features a spacious single-family-style layout with 2 bedrooms, 2 bathrooms, a bonus room, separate living and dining areas, and a private backyard. Each of the two lower units offers 1 bedroom and 1 bathroom. Whether you plan to live in one unit while renting the others or pursue a straightforward rental strategy, this property balances character with solid investment fundamentals. Located just one block from Ponce City Market, the Beltline, and Historic Fourth Ward Park-with convenient access to major highways and public transportation-this triplex ensures exceptional walkability and connectivity. The property also allows short-term rentals, producing monthly income between $1,300-$2,200 per selected unit. In total, the property offers 4 bedrooms and 4 bathrooms across all units. With its prime location, strong performance, and flexible use options, this is a true gem for anyone seeking a lucrative and reliable investment.

Property Information

Property Details

Location

Address
537 Morgan Street NE
County
Fulton - GA
City
Atlanta
Zip Code
30308
Subdivision
Old Fourth Ward
High School
Midtown
Elementary School
John Hope-Charles Walter Hill
Realty One Group Edge, (678) 909-7709Bought with Georgia Properties Consultants of Atlanta, LLC

Interior Features

Beds and Baths

Bedrooms
4
Main Level Bedrooms
2
Full Bathrooms
4
Bedroom Features
None

Building

Building Information

Year Built
1920
Construction
Concrete, Stucco
Foundation
None
Roof
Composition
Builder Name
Rita Sinclair
Condition
Resale

Property Taxes

Tax Annual Amount
$6,083
Tax Year
2024
Source: First Multiple Listing Service
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