537 MORGAN Street NE, Atlanta, GA 30308

$815,000
4
BD
4
BA
2,450
SqFt

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Sold Price
$815,000
List Price
$800,000
Closing Date
Jan 16, 2026
MLS#
10654952
Status
CLOSED
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
4
Bathrooms
4
Square Footage
2,450
Square Footage Source
Appraiser
Lot Size
0.088
Subdivision
Old Fourth Ward

Property Description

Fantastic cash-flow investment opportunity! This high-performing triplex is fully occupied and generating strong returns, offering investors immediate income and minimal vacancy risk from day one. Ideal for both owner-occupants interested in "house hacking" and traditional investors, this property combines versatility, charm, and a prime location. The top-floor unit features a spacious single-family-style layout with 2 bedrooms, 2 bathrooms, a bonus room, separate living and dining areas, and a private backyard. Each of the two lower units offers 1 bedroom and 1 bathroom. Whether you plan to live in one unit while renting the others or pursue a straightforward rental strategy, this property balances character with solid investment fundamentals. Located just one block from Ponce City Market, the Beltline, and Historic Fourth Ward Park-with convenient access to major highways and public transportation-this triplex ensures exceptional walkability and connectivity. The property also allows short-term rentals, producing monthly income between $1,300-$2,200 per selected unit. In total, the property offers 4 bedrooms and 4 bathrooms across all units. With its prime location, strong performance, and flexible use options, this is a true gem for anyone seeking a lucrative and reliable investment.

Additional Information

Style
Bungalow/Cottage
Stories
2 Stories
Year Built
1920
Fireplaces
1
Parking
None
Sewer
Public Sewer
Elementary School
Hope Hill
High School
Grady
Acres
0.09
Levels
Two

Listing courtesy of Realty One Group Edge. Selling Office: .

© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.

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