$225,000

2829 3rd Ave SW Atlanta, GA 30315

$2,672
Closing credit¹
2 beds
2 full
1,086 sqft
0.2 acres
$207 / sqft
House

Property details

About 2829 3rd Ave SW

Two Units for the Price of One! High-Income Investment Opportunity Welcome to 3rd Avenue, where versatility meets opportunity! This unique property offers two separate living spaces, each featuring 1 bedroom and 1 bathroom, making it perfect for rental income, multi-generational living, or a savvy house-hacking opportunity. With a combined rental income of $2,600 per month, this property easily surpasses the 1% rule—a rare find for investors! Location is everything, and this home delivers. Situated near daily essentials like Walmart, Piggly Wiggly, and Chick-fil-A, it also offers excellent access to public transportation, making it a highly desirable spot for tenants in Hammond Park. Hammond Park is a stones throw away from Hapeville. This area is packed with entertainment and culture, including two comedy clubs, a community theatre, an art gallery, and a local brewery. It’s also conveniently close to Hartsfield-Jackson Atlanta International Airport, making it an excellent option for frequent travelers or airport employees. Whether you're looking to maximize cash flow or enjoy the flexibility of dual living spaces, this property offers endless possibilities. Don't miss this incredible opportunity—schedule your tour today!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size1,086 sqft
Lot size0.2197 Acres
Year built1950
MLS #7531516
ViewTrees/Woods

Summary

  • MLS Number: 7531516
  • MLS Name: First Multiple Listing Service
  • Office Name: Real Broker, LLC.
  • Office Phone: (770) 696-6278
  • Listing Agent: Monarch Realty Partners

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a shingled roof and a front yard

$225,000

2829 3rd Ave SW

$2,672

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 09, 2024
Home Sold
$500,000
Nov 25, 2019
Home Sold
$155,000
Aug 01, 2019
Home Sold
$63,500
Apr 05, 2019
Home Sold
$55,000
Aug 29, 2014
Home Sold
$95,000
Dec 12, 2012
Home Sold
$60,634
Aug 26, 2010
Home Sold
$49,900
Jan 12, 2007
Home Sold
$367,500

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

4

Emma Hutchinson Elementary School

Public District EE-5

0.4 mi

650 Cleveland Ave SW

5

Cleveland Avenue Elementary School

Public District PK-5

0.7 mi

2672 Old Hapeville Rd SW

6

Hapeville Elementary School

Public District PK-5

1.2 mi

3440 N Fulton Ave

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 $21,648. The majority of Atlanta, GA residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

67%
<35k
33%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

43%
Single, No Kids
33%
Single, with Kids
11%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2829 3rd Ave SW

This home is located at 2829 3rd Ave SW in Atlanta, GA and zip code 30315 in the Southwestern Atlanta neighborhood. This 1,086 square foot home, which was built in 1950, sits on a 0.22 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $225,000.

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 inventory of homes for sale in Atlanta, GA between January and February 2025 increased by 20%. In February 2025, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $421,346.

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

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