$324,900

1174 Princess Ave SW Atlanta, GA 30310

$3,858
Closing credit¹
0.07 acres
Multi-Family

Property details

About 1174 Princess Ave SW

Turnkey Cash-Flow Property Near AtlantaCOs BeltLine Renovated 3BR Gem with Guaranteed Income. Opportunity knocks at 1174 Princess Avenue! This updated 3-bed, 2-bath bungalow is located in the rapidly growing 30310 area, just minutes from the BeltLine, West End, Lee + White, and downtown Atlanta. Investor Alert: This fully renovated home is in the heart of Atlanta is a high-yield, low-maintenance dream! Currently tenant-occupied and generating $2,500/month through a stable "WITH YEARLY INCREASES", government-backed Section 8 program via Grady Hospital Behavioral Health, this property delivers instant returns and peace of mind. *Investment Highlights: Guaranteed Rental Income: $2,500/mo via Grady Behavioral Health (tenant in place 2+ years) Hands-Off & Turnkey: Renovated down to the studs in 2022 Low Maintenance: New roof, HVAC, furnace, plumbing, electrical, flooring, drywall, kitchen & baths Program-Backed Tenant: Rent paid consistently and on time Ideal for Passive Investors: Strong cash flow, minimal upkeep *Prime Location: Walking Distance to Atlanta BeltLine & Lee + White District Co home to Monday Night Garage, Wild Heaven Brewery, and some of the cityCOs most exciting restaurants and events Close to Downtown, Hartsfield-Jackson Airport, and major highways (I-75/I-85) Steps from green space, transit, and emerging neighborhood developments * Perfect For: Out-of-state or local investors seeking reliable, turnkey rental income Anyone looking for a low-hassle, high-yield Atlanta portfolio property DonCOt let the exterior fool youCothis modernized home offers unbeatable value, location, and stability. A true gem for savvy investors!

Highlights

Home typeMulti Family
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Lot size0.067 Acres
Year built1930
ParkingDetached
MLS #10519219

Summary

  • Basement: No
  • Attached Garage: No
  • Parking: Detached
  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • List Price: $324,900
  • HOA Amount: $0
  • Annual Tax Amount: $4,698
  • Tax Year: 2023
  • Directions: GPS
  • Year Built: 1930
  • Lot Size: 0.067 Acres
  • MLS Number: 10519219
  • MLS Name: Georgia MLS 2
  • Office Name: First United Realty, Inc.
  • Listing Agent: Jeill Howell

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 3:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1174 Princess Ave SW, Atlanta, GA 30310 - kitchen featuring appliances with stainless steel finishes, a sink, dark countertops, dark wood-style floors, and decorative backsplash

$324,900

1174 Princess Ave SW

$3,858

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 31, 2017
Home Sold
$27,000
Jul 27, 2006
Home Sold
$177,000
Jun 22, 2006
Home Sold
$177,000
Oct 13, 2004
Home Sold
$170,000
Jul 12, 2004
Home Sold
$56,000
Jul 12, 2004
Home Sold
$52,000

Tax history

YearAssessmentProperty Tax
2023$113,480$4,698
2022$29,760$1,232
2021$17,640$1,202
2020$24,640$1,020
2019$51,040$2,097
2017$9,640$416

History based on county public records data.

Nearby schools

4

Finch Elementary School

Public District EE-5

0.1 mi

1114 Avon Ave SW

3

Tuskegee Airmen Global Academy

Public District EE-5

1.1 mi

1625 Westhaven Dr SW

4

Gideons Elementary School

Public District PK-5

1.2 mi

897 Welch St SW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,286. The most common annual income of people living in Atlanta, GA is less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

53%
<35k
45%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
30%
Single, with Kids
8%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • Golden CorralGolden Corral

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1174 Princess Ave SW in Atlanta, GA and zip code 30310 in the Southwestern Atlanta neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $324,900.

While more than 303 listings in Atlanta, GA in May 2025 were sold above asking price, there were more than 266 listings sold at asking price, and more than 629 were sold below. The number of listings in Atlanta, GA increased by 12.7% between April and May 2025. In May 2025 median list price was $425,128 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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