#7539761, Ryan Spikes, Listing Office: BHGRE Metro Brokers
550 Joseph E Lowery Blvd NW Atlanta, GA 30314
Property details
About 550 Joseph E Lowery Blvd NW
THIS IS NOT A CAP RATE DEAL. NO OWNER FINANCING. 7-UNIT APARTMENT BUILDING IN GREAT LOCATION! 1.5 miles from Georgia Tech. 1.8 miles from downtown Atlanta. 1.5 miles from West Midtown. 1.6 miles from Mercedes Benz Stadium, 1.7 miles to Georgia Aquarium. Six (6) of the seven (7) units are currently under lease contracts at $825/mo. The 7th unit is available for viewing. Each unit - 2bd, 1 bath. Central Air & Heat. Totally electric. This Apartment Building sits in the English Avenue area, .05 miles from Vine City Community. There are several up and coming work and entertainment projects being developed in the general area. Renovations and updates will be needed to enhance the property overall market appeal. Property being Sold "AS/IS". THIS OPPORTUNITY DOES NOT REPRESENT A ROBUST CAP RATE DEAL IN ITS CURRENT CONDITION!
Highlights
(New)
Summary
- MLS Number: 10476685
- MLS Name: Georgia MLS 2
- Office Name: Homesmart Realty Partners
- Listing Agent: Lonnie Leslie
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: 3/14/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$935,000
550 Joseph E Lowery Blvd NW
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 24, 2009 | Home Sold | $35,000 |
Jan 24, 2006 | Home Sold | $302,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $163,600 | $- |
2022 | $88,680 | $- |
2021 | $88,680 | $4,384 |
2020 | $88,680 | $3,671 |
2019 | $88,680 | $3,643 |
2017 | $88,680 | $3,830 |
History based on county public records data.
Nearby schools
5
M. Agnes Jones Elementary School
Public District EE-5
0.6 mi
•1040 Fair St SW
4
Slam Academy of Atlanta
Public Charter KG-5
0.6 mi
•1150 Westview Dr SW
3
Dunbar Elementary School
Public District PK-5
1.0 mi
•500 Whitehall Ter 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 $33,667. Residents of Atlanta, GA typically earn less than $<35k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 550 Joseph E Lowery Blvd NW in Atlanta, GA and zip code 30310 in the Southwestern Atlanta neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 10, 2025 and is currently priced at $935,000.
Over 147 listings were sold over their listed price in February 2025 in Atlanta, GA. In the same period over 455 listings were sold below the listed price and 168 listings were sold for the listed price. The inventory of homes for sale in Atlanta, GA between January and February 2025 increased by 20%. In February 2025 median list price was $421,346 and the average listing age was 56 days.