#10477888, Jeffrey Taylor, Listing Office: Coldwell Banker Realty
769 Penn Ave NE Atlanta, GA 30308
Property details
About 769 Penn Ave NE
This stately Georgian home, located in the historic Midtown Garden District, features two income-producing apartments on the terrace level. Situated on the highly desirable Penn Avenue, this property is just minutes away from Piedmont Park, MARTA, Ponce City Market, the Atlanta Beltline Trail, Trader Joe’s, Midtown High School, and a variety of dining, shopping, and entertainment options in the Midtown Business District. Perfect for single-family living with the potential for rental income from the lower-level apartments, this home can also be fully utilized as a rental property, with the option to lease both the main and terrace levels. The slate-roofed, two-story main house offers four bedrooms and three bathrooms, while the terrace level includes two separate one bedroom, one bathroom apartments, each with in-unit laundry. Main home boasts primary suite on first floor, with an oversized living room and dining area, a spacious kitchen that opens to outdoor space, and abundant natural light throughout. The living room features a beautiful fireplace and ample seating area. Upstairs, you'll find three generously sized bedrooms, including a stunning primary suite with a large hall featuring floor-to-ceiling windows, two spacious closets, and an en-suite bathroom. French doors in the upstairs primary suite offer potential for a private outdoor retreat. Private parking pad behind building. 769 Penn Avenue presents a fantastic investment opportunity in one of Atlanta's most sought-after neighborhoods. With its prime location and close proximity to key amenities, this property offers investors a chance to tap into Atlanta's thriving rental market while providing tenants with unparalleled convenience and lifestyle. Don’t miss out on this Penn Avenue gem! Amenities: Private off-street parking for 4-5 vehicles, fenced backyard, two story private rear deck, front porch, freshly landscaped front yard. Utilities: Electric/Gas - separately metered for each unit. Water - common bill for property. HVAC: Main level has dedicated unit. Apartments share one unit, but have separate thermostats. Laundry: All units have in-unit laundry
Highlights
Summary
- MLS Number: 7513538
- MLS Name: First Multiple Listing Service
- Office Name: Atlanta Fine Homes Sotheby's International
- Office Phone: (404) 998-9944
- Listing Agent: Carson Cowan
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Last updated on: 4/26/2025, 2:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,299,000
769 Penn Ave NE
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $414,440 | $17,157 |
2022 | $339,000 | $14,034 |
2021 | $329,160 | $14,729 |
2020 | $312,000 | $12,916 |
2019 | $312,000 | $15,339 |
2017 | $150,000 | $6,478 |
History based on county public records data.
Nearby schools
7
Morningside Elementary School
Public District KG-5
1.0 mi
•774 Virginia Ave NE
3
Hope - Hill Elementary School
Public District PK-5
1.3 mi
•112 Boulevard NE
8
Springdale Park Elementary School
Public District KG-5
1.8 mi
•1246 Ponce De Leon Ave NE
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 $40,788. Most Atlanta, GA residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 769 Penn Ave NE
This home is located at 769 Penn Ave NE in Atlanta, GA and zip code 30308 in the Midtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $1,299,000.
Atlanta, GA housing market in March 2025 saw over 245 listings sold above listed price, more than 207 sold at listed price and over 558 sold below. The inventory of homes for sale in Atlanta, GA between February and March 2025 increased by 23.8%. In March 2025 median list price was $423,362 and the average listing age was 46 days.