©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.

$1,000,000

879 Parsons Street SW, Atlanta, GA 30314Listing ID 10686695

879 Parsons Street SW, Atlanta, GA 30314

Active

MAP/STEUERWALD PROP RESUB CORR

Time on site: 70 days • Last updated: Mar 6, 2026

Property Type

Residential Income

Property Sub Type

Multi Family

Acres

0.1

Days on Site

Cooling

Central Air

Heating

Central

Year Built

2010

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.

HILLEVE

Offered at $1,000,000 with current CAP rate of 9.85 % and potential CAP rate of 11.35%!, this 14-unit property boasts a potential annual gross income of $159,600.00. 100% occupancy! It's a perfect 1031 exchange candidate, DSCR loan or even for a first time investment with a commercial conventional loan. Specifically built in 2010 for student housing, it includes Side A and Side B, each with 7 rooms, 6 bathrooms, and full kitchens, plus private bathrooms in 10 units. Key features include new HVAC, water heaters, keyless entry, and close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Units B2, B3, A1, A3 have shared bathrooms, the rest have their own private bathrooms. 2 shared kitchens & 2 shared laundry sets/areas per side. Do not miss this immediate strong cash flow.

Property Information

Property Details

Location

Address

879 Parsons Street SW

County

Fulton

City

Atlanta

Zip Code

30314

Subdivision

MAP/STEUERWALD PROP RESUB CORR

High School

Booker T Washington

Elementary School

Jones

Interior Features

Other Rooms

Laundry Features

Common Area

Building

Building Information

Year Built

2010

Construction

Brick

Condition

Resale

Financial

Special Conditions

Investor Owned

Property Taxes

Tax Annual Amount

$13,366

Tax Year

2025

Explore the Neighborhoods of Metro Atlanta and North Georgia