#7517031, Reginald Oneill, Listing Office: Keller Knapp
10 Rockmart Dr NW Atlanta, GA 30314
Property details
About 10 Rockmart Dr NW
Turn this duplex-style single-family home into a $72,000-per-year Airbnb money-making machine! This property offers an incredible opportunity to generate up to $6,000 in monthly gross income with the simple addition of a basement conversion, transforming it into a three-unit triplex. Currently, Unit A is a 1-bedroom, 1-bath main unit, while Unit B is a 1-bedroom, 1-bath in-law suite. With a straightforward renovation, the basement can be converted into a studio apartment, maximizing the property’s full income potential. The current monthly gross income ranges from $4,500 to $5,000 through Airbnb, VRBO, and other booking sites. Once the basement studio is complete, the projected revenue soars to $6,000 per month. Pictures 1 to 26 showcase the property in its current state, while pictures 27 to 49 illustrate how both units could look when beautifully staged for short-term rentals. Picture 50 presents a proposed loft-style design for the basement studio, giving a glimpse of what’s possible with a creative touch and minimal investment. Located just minutes from Downtown Atlanta and the Mercedes-Benz Stadium, this property is in a prime location for Airbnb bookings. The area boasts a 57% occupancy rate based on AirDNA data, with a 1-bedroom unit generating an estimated $24,000 in annual revenue—on the low end of projections. This is a rare chance to capitalize on a high-demand market while securing a steady, reliable income stream. The seller has already obtained a $35,000 bid from a licensed contractor to convert the basement into a studio apartment and is willing to assist with the project after closing. Buyers can even use the seller’s trusted contractor for a seamless renovation experience. A $5,000 seller credit is available toward closing costs, and buyers may qualify for down payment assistance programs and grants, making this opportunity even more accessible. The property comes with a one-year home warranty for peace of mind, a clear and marketable title, and the seller’s preference for a quick 14-day close. Whether you’re an experienced investor or a first-time buyer, this property is a true gem with massive upside potential. Take advantage of this opportunity to create a high-performing Airbnb investment and watch your cash flow grow.
Highlights
Summary
- MLS Number: 7509136
- MLS Name: First Multiple Listing Service
- Office Name: Maximum One Greater Atlanta Realtors
- Office Phone: (770) 919-8825
- Listing Agent: GEORGE ANSONG
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$329,900
10 Rockmart Dr NW
$3,918
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 29, 2024 | Home Sold | $165,000 |
Oct 24, 2023 | Home Sold | $105,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $93,520 | $3,871 |
2022 | $79,840 | $3,305 |
2021 | $60,840 | $1,066 |
2020 | $42,800 | $1,771 |
2019 | $42,080 | $1,729 |
2017 | $8,000 | $345 |
History based on county public records data.
Nearby schools
4
Slam Academy of Atlanta
Public Charter KG-5
0.6 mi
•1150 Westview Dr SW
5
M. Agnes Jones Elementary School
Public District EE-5
0.6 mi
•1040 Fair St SW
3
Kipp Ways Primary School
Public Charter KG-4
0.8 mi
•350 Temple St NW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,019. Typical income of Atlanta, GA residents is less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 10 Rockmart Dr NW in Atlanta, GA and zip code 30314 in the Northwest Atlanta neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $329,900.
Atlanta, GA housing market in February 2025 saw over 147 listings sold above listed price, more than 168 sold at listed price and over 455 sold below. The number of homes for sale in Atlanta, GA increased by 20% between January and February 2025. The median list price of listings available in February 2025 was $421,346, while the average time on the real estate market was 56 days.