1/27
Listing Courtesy Of:
stuarthhope@gmail.com, Stuart Hope
Local Realty Services Provided By:
Keller Williams Realty Atlanta Midtown
Overview
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89 Ollie Street NW, Atlanta, GA 30314
89 Ollie Street NW, Atlanta, GA 30314
Estimation provided by Keller Williams Realty Inc.
Active
For Sale
Property Description
Offered at $550,000 with a CAP rate of 7%, this investment property boasts a potential annual gross income of $85,000. Currently 100% occupied with many tenants currently applying, it's a perfect 1031 exchange candidate or even for a first-time investment. Renovated in 2024 as a student housing property, it includes two units, the upstairs with 5 rooms, 1 bathroom, the downstairs with 5 rooms and 1 bathroom. Each unit has full kitchens, as well as updated features including new HVAC, water heaters, wash/dryer, and keyless entry. The property is in close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Property is great for DSCR loan or even a 1031 exchange. This property is for sale by the owner and can be reached at via phone (803-760-3631) or via email (stuarthhope@gmail.com). Tours can be scheduled after proof of funds have been sent and an initial call between the buyer and the seller has occurred.
Property Details
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Overview
Property Type
Multi Family,Duplex
Year Built
1930
Days on Site
14 Days
HVAC
Central Air, Central
Parking
No
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$550,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
03/08/2025
Listed
(+168.29% )
08/27/2021
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+21.75% )
Land 36,320 +
Additions 49,000
2022
(+1.27% )
Land 25,080 +
Additions 45,000
2021
(+28.44% )
Land 26,560 +
Additions 32,120
2020
(+256.35% )
Land 26,240 +
Additions 27,640
2018
(+26.69% )
Land 10,080 +
Additions 33,640
2017
(-0.25% )
Land 8,240 +
Additions 6,880
2016
Land 1,920 +
Additions 9,520
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
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Car-Dependent
Walkable
Very Walkable
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