2794 7th Street Sw, Atlanta, GA 30315
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
Listed by: rick wiley
Office: coldwell banker realty
MLS#:10742219
Source:METROMLS
Price summary
- Price:$325,000
About this home
Grandfathered duplex-style property offering exceptional income-producing potential in a prime Atlanta location, ideal for both investors and owner-occupants seeking immediate cash flow with future upside. This fully renovated asset is currently generating $3,200 per month, with Unit A configured as a 2-bedroom, 1-bath residence leased at $1,850 per month to a qualified long-term tenant with a strong payment history, and Unit B with a new qualified tenant which moved in on April 1at a rate of $1,350 per month. The property is equipped with two separate gas meters and offers significant value-add opportunity through the unfinished basement, which is well-suited for conversion into a third unit, potentially a studio or 2-bedroom, 1-bath apartment, with an estimated renovation cost of approximately $35,000 per the seller's contractor bid. Upon completion, projected gross rental income could reach approximately $5,150 per month across three units. Additional features include ample storage space and a versatile basement area ideal for a home gym, workshop, or expanded living space. With a certified appraised value of $325,000, this property presents a compelling opportunity for house hacking, including FHA or FHA 203(k) financing, allowing an owner-occupant to live in one unit while leveraging rental income from the others to offset mortgage expenses, all within close proximity to Atlanta's key amenities, employment hubs, and growth corridors....
Contact an agent
Home facts
- Year built:1932
- Listing ID #:10742219
- Updated:April 28, 2026 at 12:29 PM
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1932
- Lot area:0.2 Acres
- Construction Materials:Brick, Vinyl Siding
- Levels:2 Story
Schools
- High school:South Atlanta
- Middle school:Long
- Elementary school:Hutchinson
Utilities
- Water:Public, Water Billing Prorated
- Sewer:Public Sewer
Finances and disclosures
- Price:$325,000
- Tax amount:$2,938 (2024)
Parking
- Total parking spaces:4
- Parking description:Off Street Parking
New listings near 2794 7th Street Sw
- New
$270,000Active2 beds 2 baths1,100 sq. ft.721 Fayetteville Road Se #601, Atlanta, GA 30316
MLS# 10742258Listed by: HomeSmart - New
$270,000Active2 beds 3 baths1,164 sq. ft.721 Fayetteville Road, Atlanta, GA 30316
MLS# 7760586Listed by: HOMESMART
$170,000Active1 beds 1 baths1070 Dill Avenue Sw #306, Atlanta, GA 30310
MLS# 10643596Listed by: HomeSmart- New
$300,000Active2 beds 2 baths1,474 sq. ft.2400 Cumberland Parkway Se #703, Atlanta, GA 30339
MLS# 7760565Listed by: COLDWELL BANKER REALTY - Coming Soon
$509,000Coming Soon3 beds 3 baths94 Crumley Street Se, Atlanta, GA 30312
MLS# 7760566Listed by: ATLANTA PROPERTIES GROUP - New
$420,000Active2 beds 2 baths3338 Peachtree Road Ne #702, Atlanta, GA 30326
MLS# 10742218Listed by: John Bailey Realty, Inc. - New
$479,000Active4 beds 3 baths3,021 sq. ft.4780 Mock Orange Street Sw, Atlanta, GA 30331
MLS# 10742226Listed by: Compass - Coming Soon
$1,250,000Coming Soon4 beds 3 baths3902 Peachtree Dunwoody Road Ne, Atlanta, GA 30342
MLS# 10742230Listed by: Keller Williams Atlanta Perimeter - New
$170,000Active1 beds 1 baths640 sq. ft.1070 Dill Avenue Sw #202, Atlanta, GA 30310
MLS# 10742246Listed by: HomeSmart