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Listed price in listed location currency (USD).
$305,000

Estimated to sell in:5 days
323

MLS® 7667135

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1232 sqft
Garage No
Taxes $5,144
Days Active 88
Lot Size 0.149 acres
Approx. Age 1920
Avg. Price Per Sqft $247
MLS® Number 7667135

Property Address: 85 Meldon Ave Se, Atlanta, GA, 30315-4036

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

Description

This offering presents a prime opportunity to acquire a stabilized, income-producing residential investment property located in the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totaling approximately 1, 232 square feet, situated on a corner lot with a large, level backyard and convenient off-street parking. Originally utilized as a short-term rental (Airbnb), the property has since transitioned into a long-term tenancy, providing consistent monthly income and reduced management intensity. The current lease ensures immediate cash flow upon acquisition, making this an ideal turnkey investment for both new and seasoned investors. The residence was built in 1920 and extensively updated to meet modern living standards while maintaining its classic architectural character. Interior improvements include refinished hardwood flooring, a fully updated kitchen with white cabinetry and stainless-steel appliances, upgraded bathrooms, and high ceilings throughout. The exterior features low-maintenance vinyl siding and a welcoming front porch that enhances curb appeal. Strategically positioned near Downtown Atlanta, Mercedes-Benz Stadium, Hartsfield-Jackson International Airport, and the Pittsburgh Yards redevelopment, the property benefits from strong rental demand and long-term appreciation potential within this rapidly improving corridor.
MLS® Number7667135
Laundry LevelLaundry Closet, Main Level
Central VacNo
FireplaceNo
Acreage0.149
Exterior
GarageNo
Approx. Age1920
BasementNone
DrivewayParking Pad
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 17, 2025List Date
$305,000List Price

Home Appraisal

This property is estimated to sell between: $223,000 and $346,000.
Similar properties in this area sold on average for: $223,469
Expected to sell in 5 days. Similar properties sold in 93 days. This home has been on eXp Realty for 88 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
85 Meldon Ave Se, Atlanta, GA

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