862 Mitchell Street, 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#:7748283
Source:FIRSTMLS
Price summary
- Price:$489,000
About this home
Investor-friendly, income-producing triplex in Atlanta generating approximately $4,500 per month in stable rental revenue, offering a strong opportunity for both seasoned investors and owner-occupants seeking to house hack; renovated just two years ago, this well-maintained multifamily property features three income-generating units with Unit A leased at $1,600/month through the Atlanta Housing Authority, Unit B leased at $1,600/month through the Atlanta Housing Authority, and Unit C producing $1,300/month total across two separate rooms rented at $650/month each; Unit C may be delivered vacant at closing, providing flexibility for owner-occupancy, tenant repositioning, or rental strategy optimization; ideal for buyers seeking immediate cash flow with future upside potential in a growing Atlanta market;
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Home facts
- Year built:1920
- Listing ID #:7748283
- Updated:April 08, 2026 at 03:50 AM
Rooms and interior
- Flooring:Hardwood
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1920
- Lot area:0.09 Acres
- Levels:1 Story
Schools
- High school:Frederick Douglass
- Middle school:Herman J. Russell West End Academy
- Elementary school:M. A. Jones
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$489,000
- Tax amount:$3,803 (2024)
Parking
- Total parking spaces:6
- Parking description:Paved
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