#7585534, Erin Minor, Listing office: Realty Hub of Georgia, LLC
Property details
About 1840 Wells Dr SW
Welcome Home ATL to 1840 Wells Dr SW-your next sizable, build-ready opportunity in the fast-rising Cascade/Adams Park corridor. This 0.8-acre, R-3 zoned lot offers 90 feet of frontage and gentle grades for an easy slab or basement build, plus room for a 2-car garage and outdoor living space. New construction ranging from 2,600-3,100 sq ft is commanding $640K-$770K, translating to a promising 20-25% margin on a 4-5 bed plan-or a 6% cap rate at approximately $2,800/month if held as a rental. All utilities are available at the street, and proximity to the BeltLine, airport, and Tyler Perry Studios keeps buyer demand strong.
Highlights
Home typeUnimproved Land
StatusActive
Lot size0.84 Acres
MLS #10494526
Summary
- List Price: $55,000
- HOA Amount: $0
- Lot: Level
- Directions: Use GPS
- Lot Size: 0.84 Acres
- MLS Number: 10494526
- MLS Name: Georgia MLS 2
- Office Name: Keller Williams Realty
- Listing Agent: Adam G. Mincey
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: 6/28/2025, 12:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$55,000
1840 Wells Dr SW
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Price information
Property sales
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Tax history
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Nearby schools
4
Hamilton E. Holmes Elementary School
Public District PK-5
0.7 mi
•2301 Connally Dr
2
Cascade Elementary School
Public District PK-5
0.9 mi
•2326 Venetian Dr SW
5
Kimberly Elementary School
Public District EE-5
1.2 mi
•3090 McMurray Dr SW
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 $49,185. Most Atlanta, GA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
27%
<35k
62%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
44%
Single, No Kids
25%
Single, with Kids
22%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
38%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Stein Mart
Family Dollar
Big Lots
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Golden Corral
What do the neighbors drive?
Buick
Chevrolet
Kia
What do the neighbors listen to?
Contemporary Inspirational
Rock
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1840 Wells Dr SW
The listing price of 1840 Wells Dr SW property is $55,000.
The property 1840 Wells Dr SW is land located in Atlanta, Georgia, 30311.
Active Listing: 1840 Wells Dr SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1840 Wells Dr SW are: Hamilton E. Holmes Elementary School (GreatSchools Rating 4/10), Cascade Elementary School (GreatSchools Rating 2/10), Kimberly Elementary School (GreatSchools Rating 5/10), Paul D. West Middle School (GreatSchools Rating 3/10), Rise Preparatory School (GreatSchools Rating 4/10), Young Middle School (GreatSchools Rating 3/10), D. M. Therrell High School (GreatSchools Rating 3/10), Fulton Leadership Academy (GreatSchools Rating 5/10), Tri-Cities High School (GreatSchools Rating 2/10).
The property 1840 Wells Dr SW is 0.84 acres.
This home is located at 1840 Wells Dr SW in Atlanta, GA and zip code 30311 in the Southwestern Atlanta neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 5, 2025 and is currently priced at $55,000.
In May 2025 more than 303 listings in Atlanta, GA were sold above the asking price. During the same period more than 266 listings were sold at asking price, while more than 629 were sold below. Between April and May 2025, Atlanta, GA real estate market has seen increase in the number of listings by 12.7%. While the average time on the market in May 2025 was 41 days, the median list price was $425,128.
From Rocket Homes Real Estate and based on county public records data.