482 Maynard Ter SE Atlanta, GA 30316
Property details
About 482 Maynard Ter SE
Seize this rare chance to acquire a high-potential PadSplit in one of Atlanta's most dynamic rental markets! 482 Maynard Terrace SE is a single-story, 8-bedroom, 2-bathroom home with a large unfinished basement offering very healthy cash flow with massive additional potential if the basement were finished out. Currently tenant-occupied but underperforming, this property has the bones to become a premium co-living space catering to renters seeking affordability without sacrificing lifestyle. At peak performance, projections show gross rents exceeding $8,000 per month with net income potential over $4,000 per month and that's before expanding into the basement to add additional rooms. With some strategic updates and repairs, this property could become one of the highest-grossing PadSplits in the area, drawing in residents who value both affordability and proximity to EAV's buzzing social scene.
Highlights
Summary
- MLS Number: 7541168
- MLS Name: First Multiple Listing Service
- Office Name: Keller Williams Realty Metro Atlanta
- Office Phone: (404) 564-5560
- Listing Agent: Josh Stanton
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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: 3/14/2025, 7:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$450,000
482 Maynard Ter SE
$5,344
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 22, 2022 | Home Sold | $230,000 |
Dec 22, 2022 | Home Sold | $276,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $121,520 | $1,215 |
2022 | $136,840 | $1,745 |
2021 | $124,160 | $- |
2020 | $93,920 | $868 |
2018 | $134,720 | $103 |
2017 | $97,760 | $322 |
History based on county public records data.
Nearby schools
7
Burgess - Peterson Academy
Public District KG-5
0.2 mi
•480 Clifton St SE
4
Fred A. Toomer Elementary School
Public District KG-5
1.0 mi
•65 Rogers St NE
8
Charles R. Drew Charter School
Public Charter PK-5
1.2 mi
•301 Eva Davis Way
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 $42,012. The most common annual income of people living in Atlanta, GA is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
Frequently asked questions
About 482 Maynard Ter SE
This home is located at 482 Maynard Ter SE in Atlanta, GA and zip code 30316 in the Glenwood Acres neighborhood. This 1,887 square foot home, which was built in 1948, sits on a 0.31 acre lot. Features: 8 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $450,000.
In February 2025, from all listings sold in Atlanta, GA there were more than 147 sold above asking price, over 455 sold below and more than 168 were sold right at the asked price. The number of listings in Atlanta, GA increased by 20% between January and February 2025. 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.