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Description Open House Details Location Market Trends Schools Recent Sales
$355,000 Est. $1,307 / mo.*

85 Meldon Avenue Se Atlanta , GA 30315

Listing courtesy of Coldwell Banker Realty northfultonbranch@coldwellbankeratlanta.com

Description

3 Beds
2 Baths
1,232 Sqft
6,490 Sqft lot
0.15 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1920
Neighborhood: South Atlanta
Days on Website: 19
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.

Open House

Property Details and Features

Appliances & Equipment
Dishwasher
Basement
None
Bathrooms
2 main level full bathrooms
2 full bathrooms
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Contact an Agent

Keith Sharp

404-604-3800 678-778-8774

Location

$355,000 -
85 Meldon Avenue Se Atlanta , GA 30315
County: Fulton

Street View

Nearby Schools

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