Listed price in listed location currency (USD).
$300,000

420

MLS® 7778016

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1379 sqft
Garage 
Taxes $4,869
Days Active 28
Lot Size 0.092 Acres
Approx. Age 1930
Avg. Price Per Sqft $217
MLS® Number 7778016

Property Address: 219 Joseph E Lowery Blvd Sw, Atlanta, GA, 30314-3103

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Student Housing Investment Opportunity in the Heart of Atlanta! Investment Property Hitting The 1% Rule Just In Time For The 2026 World Cup In Atlanta. Add an instant, reliable cash-flowing asset to your rental portfolio with this fully occupied 4-bedroom, 2-full-bath rooming house generating $3, 200 per month in gross room rentals, plus an additional $50-$75 per month in coin-operated laundry revenue. Positioned for premium student housing, this income-producing property is located directly between Ashview Heights and the prestigious Atlanta University Center (AUC), offering unbeatable proximity to Clark Atlanta University, Morehouse College, Spelman College, and Morris Brown College. This low-maintenance, turnkey asset features a new roof installed within the last 2 years, durable central air and heat, a recently updated shared kitchen, and absolutely no carpet for seamless tenant turnarounds. The property conveys with all existing tenants on mostly highly flexible month-to-month agreements, and the owner bills back directly for water and electricity, protecting your net operating income (NOI). Please note that Room 4 with the private full bath is not pictured, and all marketing photos are from a prior 2024 marketing period when the rooms were professionally cleaned and turned over. Do not miss this rare opportunity to secure immediate, passive cash flow with a strong 2-year track record of averaging ~$800 per room in a high-growth Atlanta submarket!
MLS® Number7778016
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1930
BasementCrawl Space, Exterior Entry
DrivewayAttached, Parking Pad
Garage Spaces
HeatCentral
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 28, 2026List Date
$300,000List Price

Home Appraisal

This property is estimated to sell between: $296,000 and $302,000.
Similar properties in this area sold on average for: $296,333
Expected to sell in 156 days. Similar properties sold in 184 days. This home has been on eXp Realty for 28 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
219 Joseph E Lowery Blvd Sw, Atlanta, GA

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