839 Commodore Drive, Atlanta, GA 30318
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
Listed by: juanita wright
Office: exp realty, llc.
MLS#:7700455
Source:FIRSTMLS
Price summary
- Price:$449,000
About this home
This property represents the kind of opportunity serious investors look for when they want long term upside, strong rental demand, and positioning inside one of Atlanta's most important redevelopment corridors. Located at 839 Commodore Drive NW in the heart of the Dixie Hills and Bankhead area, this home sits in a pocket that continues to benefit from city backed revitalization, infrastructure investment, and steady tenant demand driven by proximity to Downtown Atlanta, West Midtown, Georgia Tech, Mercedes Benz Stadium, and the BeltLine expansion plans moving west. What makes this property stand out immediately is its scale and layout. With five bedrooms and two full baths on a single level, it offers a rare combination of space and functionality that performs extremely well in the rental market. Homes of this size in this corridor consistently attract strong tenant interest because they support multiple household types, including larger families, multi generational living, shared housing models, and room by room rental strategies. Investors understand that bedroom count is leverage, and this home delivers exactly that. The property sits on a generous quarter acre lot, providing privacy, flexibility, and future optionality. Large lots in this area are increasingly valuable as redevelopment accelerates and land becomes more scarce. Whether an investor's strategy is long term buy and hold, Section 8 placement, short term corporate style leasing, or future redevelopment, this lot size creates options that smaller parcels simply cannot offer. From a construction standpoint, the home features wood frame construction with durable vinyl siding and stone accent details, paired with an asphalt shingle roof. This is a practical, cost effective build style that investors favor because it keeps long term maintenance predictable and affordable. The single story layout is another major advantage, as it reduces structural complexity, simplifies repairs, and appeals to a wider tenant pool that includes families and renters seeking easy accessibility. Parking is often overlooked, but not here. The private driveway offers convenient off street parking, a key feature that supports rental desirability in urban corridors. Tenants value ease of access, and investors benefit from fewer parking related issues over time. From a rental perspective, this area continues to perform well. Comparable homes in the immediate vicinity support strong monthly rents, particularly for five bedroom properties. This home is well positioned to generate consistent cash flow while still offering upside through cosmetic enhancements or strategic repositioning. Light upgrades such as interior paint, flooring refreshes, fixture updates, or adding washer dryer access can push rental rates even higher without heavy capital expenditure. For investors who understand value add strategies, this property offers a clear path to improved returns. Beyond the numbers, location is the story investors care about most, and this address delivers. Dixie Hills and Bankhead are no longer fringe areas. They are transformation zones. Investors who entered this corridor early have already seen appreciation, and those entering now are positioning themselves ahead of the next wave. The proximity to major employment centers, transit access, and ongoing redevelopment projects continues to strengthen tenant demand while supporting long term appreciation. This property also fits cleanly into multiple investor profiles. It works for buy and hold investors looking for steady cash flow. It works for Section 8 investors seeking larger bedroom counts with strong demand. It works for portfolio builders who want properties that are easy to manage and lease. It even works for forward thinking investors who understand the long term land value and future redevelopment potential of this corridor....
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Home facts
- Year built:1950
- Listing ID #:7700455
- Updated:May 14, 2026 at 01:25 PM
Rooms and interior
- Flooring:Laminate
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1950
- Lot area:0.25 Acres
- Construction Materials:Cedar, Wood Siding
- Levels:1 Story
Schools
- High school:Frederick Douglass
- Middle school:John Lewis Invictus Academy/Harper-Archer
- Elementary school:Woodson Park Academy
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$449,000
- Tax amount:$3,604 (2024)
Parking
- Total parking spaces:2
- Parking description:Driveway
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