$6,294 Closing Credit¹
#7521739, Darlene Gillespy, Listing Office: Compass
$475,000 List price
171 Anderson Ave NW Atlanta, GA 30314
$5,641
Closing credit¹
0.2 acres
Multi-Family
Property details
About 171 Anderson Ave NW
Offered at $475,000 with a CAP rate of 7.5%, this investment property boasts a potential annual gross income of $65,000. 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 an investment property, it includes 8 rooms and 3 bathrooms. The house has a full kitchen, as well as updated features including new HVAC, water heater, 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.
Highlights
Home typeMulti Family
HeatingCentral
StatusActive
(New)
(New)
CoolingCentral Air
Lot size0.23 Acres
Year built1933
ParkingOff Street
MLS #10474687
Summary
- MLS Number: 10474687
- MLS Name: Georgia MLS 2
- Office Name: Atlanta Leasing & Investment
- Office Email: stuarthhope@gmail.com
- Listing Agent: Stuart Hope
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: 3/13/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$475,000
171 Anderson Ave NW
$5,641
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 13, 2022 | Home Sold | $180,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $80,520 | $3,333 |
| 2022 | $53,040 | $2,195 |
| 2021 | $33,840 | $420 |
| 2020 | $35,600 | $1,473 |
| 2019 | $23,560 | $47 |
| 2017 | $11,280 | $17 |
History based on county public records data.
Nearby schools
4
Frank Lebby Stanton Elementary School
Public District EE-5
0.6 mi
•1625 Martin Luther King Jr Dr NW
5
Kipp Strive Primary School
Public Charter KG-4
1.5 mi
•1448 Lucile Ave SW
3
Kipp Ways Primary School
Public Charter KG-4
1.6 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 $28,231. The majority of Atlanta, GA residents have income less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
62%
<35k
32%
35k-100k
0%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
60%
Single, No Kids
19%
Single, with Kids
14%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
16%
18-34 yrs old
37%
35-64 yrs old
29%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Horse Races
Where do the neighbors shop?
Big Lots
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Golden Corral
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
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This home is located at 171 Anderson Ave NW in Atlanta, GA and zip code 30314 in the Dixie Hills neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $475,000.
Over 147 listings were sold over their listed price in February 2025 in Atlanta, GA. In the same period over 455 listings were sold below the listed price and 168 listings were sold for the listed price. In February 2025 in Atlanta, GA there were 20% more homes for sale than in January. While the average time on the market in February 2025 was 56 days, the median list price was $421,346.
From Rocket Homes Real Estate and based on county public records data.