#10406344, Naruna Rangel, Listing Office: Keller Williams Realty
663 Magnolia St NW Atlanta, GA 30314
Property details
About 663 Magnolia St NW
Attention Investors! Back on the market at no fault to the Seller. This cash-flowing property boasts a 6.7% cap rate and is perfectly situated in the heart of Historic Vine City, steps from Mercedes-Benz Stadium and close to Atlanta's premier attractions, including HBCUs, Vine City MARTA, Castleberry Hills, Centennial Park, the Georgia Aquarium, Georgia Tech, and the new 16-acre Rodney Cook Sr. Park. With Atlanta's ongoing growth and redevelopment, this low-maintenance investment is primed for success. Currently operating as a Section 8-approved rental, the property features a newer roof, laminate flooring throughout, and low landlord expenses, ensuring easy cash flow with a tenant already in place. Take advantage of the high demand for housing in one of the city's most rapidly evolving neighborhoods. Sold As-Is with tenant in place-please do not disturb the tenant. Don't let this prime investment opportunity pass you by!
Highlights
Summary
- MLS Number: 7493893
- MLS Name: First Multiple Listing Service
- Office Name: Berkshire Hathaway HomeServices Georgia Properties
- Office Phone: (404) 537-5200
- Listing Agent: Hillary Dukes
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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: 3/15/2025, 1:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$295,000
663 Magnolia St NW
$3,503
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 12, 2013 | Home Sold | $53,500 |
Jul 29, 2008 | Home Sold | $211,000 |
Oct 27, 2007 | Home Sold | $211,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $133,600 | $5,531 |
2022 | $38,000 | $1,573 |
2021 | $38,000 | $2,027 |
2020 | $38,000 | $1,573 |
2019 | $42,280 | $1,561 |
2017 | $10,760 | $464 |
History based on county public records data.
Nearby schools
3
Kipp Ways Primary School
Public Charter KG-4
0.9 mi
•350 Temple St NW
5
M. Agnes Jones Elementary School
Public District EE-5
1.0 mi
•1040 Fair St SW
4
Slam Academy of Atlanta
Public Charter KG-5
1.2 mi
•1150 Westview 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 $25,921. Residents of Atlanta, GA typically earn less than $<35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 663 Magnolia St NW
This home is located at 663 Magnolia St NW in Atlanta, GA and zip code 30314 in the Vine City neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 4, 2024 and is currently priced at $295,000.
In February 2025 more than 147 listings in Atlanta, GA were sold above the asking price. During the same period more than 168 listings were sold at asking price, while more than 455 were sold below. The number of listings in Atlanta, GA increased by 20% between January and February 2025. The median list price of listings available in February 2025 was $421,346, while the average time on the real estate market was 56 days.