10 Rockmart Drive, Atlanta, GA 30314
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
Listed by: rick wiley404-252-4908
Office: coldwell banker realty
MLS#:7730863
Source:FIRSTMLS
Price summary
- Price:$289,000
About this home
Incredible opportunity in Hunter Hills! This grandfathered duplex is located just steps from the Beltline and is the ideal multifamily home for investors or buyers looking to live in one unit and rent the other, with additional potential to finish the basement unit to create three separate living spaces. Currently configured as two income-producing units, this property offers strong cash-flow potential and value-add upside. Unit A is a 1-bedroom, 1-bath residence with 550 square feet of living space that has been generating $1,500 per month through 30-day minimum Airbnb stays. Unit B is a studio-style 1-bedroom, 1-bath unit currently leased at $1,400 per month on a one-year lease. The partially finished basement presents an excellent opportunity to convert into a third studio apartment, with an estimated $20,000 renovation cost according to the seller's contractor bid. For an owner-occupant using FHA 203(k) financing, this property offers an attractive house-hacking opportunity-live in one unit while renting the others to potentially generate $2,900 or more per month after basement completion to offset the mortgage. For investors, once the basement conversion is complete, the property could produce approximately $4,400 per month in gross rental income across three units. Both main-level units were fully renovated one year ago, and the property already features two separate gas meters. This is a rare opportunity to acquire a versatile, income-producing property with strong rental potential. Located just moments from the Atlanta University Center and only minutes from the Atlanta Beltline Westside Trail, Mercedes-Benz Stadium, and Downtown Atlanta, this property offers exceptional convenience to some of the city's most vibrant destinations. The surrounding neighborhood features several nearby parks, convenient MARTA access, and a welcoming community atmosphere. Whether you are an investor, builder, or homeowner with a vision, this property presents a prime opportunity to renovate and maximize its full potential. Don't miss out! Schedule your tour today.
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Home facts
- Year built:1940
- Listing ID #:7730863
- Updated:March 08, 2026 at 01:24 PM
Rooms and interior
- Flooring:Carpet, Hardwood, Laminate
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1940
- Lot area:0.19 Acres
- Lot Features:Level
- Construction Materials:Aluminum Siding, Vinyl Siding
- Levels:1 Story
Schools
- High school:Frederick Douglass
- Middle school:John Lewis Invictus Academy/Harper-Archer
- Elementary school:F. L. Stanton
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$289,000
- Tax amount:$3,670 (2024)
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