$349,990

311 University Ave SW Atlanta, GA 30310

$4,156
Closing credit¹
0.10 acres
House

Property details

About 311 University Ave SW

Calling all INVESTORS! Strategically located in close proximity to Atlanta Beltline, Pittsburg Yards, major highways and public transportation, this up/down duplex on University Avenue offers a practical yet spacious layout with three bedrooms and two bathrooms on the upper unit and a one bedroom and one bathroom on the bottom unit. Both units were renovated a few years ago and have good standing, current tenants in place. The bottom-level unit tenant has signed a renewal for a one-year lease starting March 1st, 2025. The duplex nature of the home also opens the door to incredible investment opportunities where one (or both) of the units could be used to generate income from tenants, and one can be owner-occupied in the near future. The seller rents the upstairs unit for $1850 a month and the bottom unit for $1,050 a month, a total of $2900 a month. Both tenants have renewed their leases with rent increases for one year each, lease expires on March 1st, 2026. Considerate & kind tenants who are extremely stable with on-time rental payment history. This fantastic & hassle-free investment opportunity in the heart of Atlanta offers profitable returns and a high cap rate for a savvy investor's portfolio.

Highlights

HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.095 Acres
Year built1948
MLS #10508716

Summary

  • Basement: No
  • Attached Garage: No
  • Parking: None
  • Heating: Central
  • Cooling: Central Air
  • List Price: $349,990
  • Annual Tax Amount: $4,838
  • Tax Year: 2023
  • Directions: Please use GPS.
  • Year Built: 1948
  • Lot Size: 0.095 Acres
  • MLS Number: 10508716
  • MLS Name: Georgia MLS 2
  • Office Name: Keller Williams Realty Atl. Partners
  • Office Phone: (770) 601-1088
  • Listing Agent: Shermine A Khakiani

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: 6/10/2025, 12:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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311 University Ave SW, Atlanta, GA 30310 - view of front of property featuring a porch and a front lawn

$349,990

311 University Ave SW

$4,156

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 29, 2019
Home Sold
$105,000
Apr 25, 2019
Home Sold
$65,000
Jan 05, 2010
Home Sold
$24,000
Apr 07, 2006
Home Sold
$76,000
Mar 20, 2006
Home Sold
$64,000
Apr 12, 2005
Home Sold
$148,500

Tax history

YearAssessmentProperty Tax
2023$116,880$4,838
2022$82,640$3,421
2021$65,480$3,140
2020$31,720$1,313
2019$25,960$1,066
2017$6,640$286

History based on county public records data.

Nearby schools

3

Slater Elementary School

Public District KG-5

0.5 mi

1320 Pryor Rd SW

4

Gideons Elementary School

Public District PK-5

0.7 mi

897 Welch St SW

4

Barack & Michelle Obama Academy

Public District PK-5

1.0 mi

970 Martin St SE

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 $27,874. The majority of Atlanta, GA residents have income less than $<35k annually. 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?

61%
<35k
37%
35k-100k
1%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
28%
Single, with Kids
9%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 311 University Ave SW

The listing price of 311 University Ave SW property is $349,990.

The property 311 University Ave SW is a house located in Atlanta, Georgia, 30310.

Active Listing: 311 University Ave SW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 311 University Ave SW are: Slater Elementary School (GreatSchools Rating 3/10), Gideons Elementary School (GreatSchools Rating 4/10), Barack & Michelle Obama Academy (GreatSchools Rating 4/10), Luther J. Price Middle School (GreatSchools Rating 2/10), Sylvan Hills Middle School (GreatSchools Rating 4/10), Martin Luther King Jr. Middle School (GreatSchools Rating 3/10), G. W. Carver High School (GreatSchools Rating 1/10), Early College High School at Carver (GreatSchools Rating 4/10), Maynard Holbrook Jackson High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $4,838 (source: MLS/based on county public records data).

The last sale was on April 29, 2019 for $105,000 (source: MLS/tax record).

The property at 311 University Ave SW has 0 bathroom.

The year of construction for 311 University Ave SW is 1948.

This home is located at 311 University 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 April 25, 2025 and is currently priced at $349,990.

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 homes for sale 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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