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HomeSmart
893 Magnolia Street NW, Atlanta, GA 30314
- $900,000
- Sold Price
- $900,000
- List Price
- $950,000
- Closing Date
- Apr 30, 2026
- MLS#
- 10648133
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Multi Family
- Lot Size
- 0.144
- Subdivision
- Vine City
Property Description
Investor Special in Prime Vine City - Cash Flow Day One Welcome to 893 Magnolia Street, a rare 5-unit multifamily opportunity in the heart of Vine City. Just steps from the AUC's HBCUs, MARTA, the BeltLine connector, Mercedes-Benz Stadium, and the massive wave of Westside redevelopment - this location is as "future-proof" as it gets. This property can be delivered fully leased and is producing strong income. Potential Income: * (4) units - 3BR/2BA at $2,400/month each * (1) unit - 2BR/2BA at $1,600/month Total monthly income: $11,200 Total annual income: $134,400 Whether you're building your portfolio, executing a 1031 exchange, or looking for a value-add play in a booming submarket, this one hits every metric: size, location, tenant demand, and cash flow from the jump. With the World Cup right around the corner, Now is the time to get into this area while you still can!
Additional Information
- Stories
- 2 Stories
- Year Built
- 1970
- Parking
- Parking Pad
- Sewer
- Public Sewer
- Elementary School
- Other
- High School
- Booker T Washington
- Acres
- 0.14
- Levels
- Two
Listing courtesy of Keller Williams Realty Atl. Partners. Selling Office: .
© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.