#10549720, Sana K McKenzie, Listing office: Keller Williams Realty First Atlanta
Property details
About 1917 Penelope Rd NW
Back on the Market - Appraised Above List Price!!! An incredible opportunity awaits in the rapidly revitalizing heart of West Atlanta. Welcome to 1917 Penelope Road - a spacious, four-sided brick residence that combines classic durability with investment versatility. This well-maintained home offers 6 generously sized bedrooms, 3 full bathrooms, and over 2,600 sq ft of finished living space - including a fully finished basement that opens the door to multi-generational living, rental income, or a creative house-hack setup. Structurally sound and move-in ready, this property is located in a high-demand rental zone and is Choice Housing Program (Section 8) eligible - delivering guaranteed rent and strong, ongoing tenant demand. ?? Rental Income Potential: * $2,900/month with owner-paid utilities * $2,700/month with tenant-paid utilities That's up to $34,800 in gross annual rent from day one. Inside, the spacious floor plan offers room to grow or generate income, while the finished basement adds functional flexibility - perfect for extended family, a tenant suite, or even a rent-by-the-room model. Homes with this level of space, income potential, and affordability are increasingly rare in this fast-appreciating area. Whether you're a first-time investor, seasoned landlord, or buyer seeking long-term value with upside, 1917 Penelope Road presents an unmatched blend of immediate cash flow and future equity. ?? Don't wait - schedule your private showing today and unlock the potential of this West Atlanta gem.
Highlights
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Gas Water Heater, Ice Maker, Range, Refrigerator
- Basement: Yes
- Flooring Type: Laminate, Vinyl
- Interior: Master On Main Level, Separate Shower, Tile Bath
- Fireplace: Basement, Factory Built, Living Room
- Total Bedroom Count: 6
- Attached Garage: Yes
- Parking: Attached, Off Street
- View: City
- Exterior: Other
- Architectural Style: Brick 4 Side, Ranch
- Heating: Central, Electric, Natural Gas
- Cooling: Attic Fan, Ceiling Fan(s), Central Air
- List Price: $279,900
- HOA Amount: $0
- Annual Tax Amount: $5,045
- Tax Year: 2023
- Lot: Level
- Directions: GPS FRIENDLY -
- Year Built: 1957
- Lot Size: 0.215 Acres
- MLS Number: 10541497
- MLS Name: Georgia MLS 2
- Office Name: Maximum One Grt. Atl. REALTORS
- Office Phone: (770) 841-7920
- Office Email: gansong@bellsouth.net
- Listing Agent: George Ansong
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.
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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: 7/19/2025, 12:55:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 13, 2018 | Home Sold | $69,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $121,880 | $5,045 |
2022 | $121,880 | $5,045 |
2021 | $71,120 | $487 |
2020 | $70,280 | $2,909 |
2019 | $28,880 | $1,186 |
2017 | $8,480 | $12 |
History based on county public records data.
Nearby schools
4
Frank Lebby Stanton Elementary School
Public District EE-5
0.4 mi
•1625 Martin Luther King Jr Dr NW
5
Kipp Strive Primary School
Public Charter KG-4
1.2 mi
•1448 Lucile Ave SW
8
Beecher Hills Elementary School
Public District PK-5
1.5 mi
•2257 Bolling Brook 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 $28,231. Residents of Atlanta, GA typically earn less than $<35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1917 Penelope Rd NW
The listing price of 1917 Penelope Rd NW property is $279,900.
The property 1917 Penelope Rd NW is a house located in Atlanta, Georgia, 30314.
Active Listing: 1917 Penelope Rd NW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1917 Penelope Rd NW are: Frank Lebby Stanton Elementary School (GreatSchools Rating 4/10), Kipp Strive Primary School (GreatSchools Rating 5/10), Beecher Hills Elementary School (GreatSchools Rating 8/10), Kipp Strive Academy (GreatSchools Rating 4/10), Woodson Park Academy (GreatSchools Rating 4/10), J. L. Invictus Academy (GreatSchools Rating 3/10), Kipp Atlanta Collegiate Academy (GreatSchools Rating 4/10), Frederick Douglass High School (GreatSchools Rating 1/10), Booker T. Washington High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $5,045 (source: MLS/based on county public records data).
The last sale was on July 13, 2018 for $69,000 (source: MLS/tax record).
The property at 1917 Penelope Rd NW has 6 bedrooms and 3 bathrooms.
The sq. ft. of 1917 Penelope Rd NW is not available (source: MLS/tax record).
The year of construction for 1917 Penelope Rd NW is 1957.
This home is located at 1917 Penelope Rd NW in Atlanta, GA and zip code 30314 in the Penelope Neighbors neighborhood. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $279,900.
Over 252 listings were sold over their listed price in June 2025 in Atlanta, GA. In the same period over 718 listings were sold below the listed price and 241 listings were sold for the listed price. Between May and June 2025, Atlanta, GA real estate market has seen increase in the number of listings by 10.2%. The median list price of listings available in June 2025 was $426,329, while the average time on the real estate market was 45 days.