1516 Murphy Avenue Southwest

Atlanta, GA 30310

$455,000
Price
5
Beds
1,566 Sq. Ft.
$291 / Sq. Ft.
1,566
Sq. Ft.
$291
per Sq. Ft.

Description

Welcome to an incredible investment opportunity at 1516 Murphy Ave SW. This unique single-family home is zoned Commercial, and can present itself as a promising triplex, ideal for savvy investors and those looking to capitalize on rental income. This 5 bedroom 2 bath home has been remodeled and hosts a long term tenant providing a way to subsidize the time you need to rezone and process the permits necessary to build a Triplex! Situated in the Sylvan Hills neighborhood, this rental property offers...Welcome to an incredible investment opportunity at 1516 Murphy Ave SW. This unique single-family home is zoned Commercial, and can present itself as a promising triplex, ideal for savvy investors and those looking to capitalize on rental income. This 5 bedroom 2 bath home has been remodeled and hosts a long term tenant providing a way to subsidize the time you need to rezone and process the permits necessary to build a Triplex! Situated in the Sylvan Hills neighborhood, this rental property offers more than just potential – it's positioned just moments away from the Beltline, a hub of recreation, culture, and community connectivity. Haven’t you heard the news? Atrium Health purchased 40 Acres a mile down the road New Hospital Development Plus Murphy Crossing New Mixed Use Development West End Mall New Mixed Use Development Just minutes away from Westview Commercial District, Lee + White’s mixed use-Warehouse Row, Gordon White Park, Lean Draft House, Pittsburg Yards! This calculates to over a Billion Dollars in Development a mile down the road! Buy and hold and capitalize for the future! Don't miss this chance to invest in your future and take advantage of the endless possibilities that 1516 Murphy Ave SW presents. With future triplex plans and producing potential income-generating units, coupled with proximity to the Beltline, this property invites visionaries to turn it into a lucrative endeavor. Architectural Plans Available with purchase! Embrace the opportunity to enhance this space, capitalizing on the thriving rental market, and the allure of the Beltline lifestyle. Tenants in place, please do not disturb Showing during due diligence only
  1. Listed by Melissa Michel • Trend Atlanta Realty, Inc.

Property Details for 1516 Murphy Avenue Southwest

Subdivision Complex
N/A
Architectural Style
Ranch
Exterior
None
Parking Features
Driveway
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 01/24/2025 03:31 PM

Property Details for 1516 Murphy Avenue Southwest

StatusActive
MLS #7497026
Days on Market67
Taxes$4,297 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1920
Lot Size0.11 AC / 4,874 SF
CountyFulton County

Building Information for 1516 Murphy Avenue Southwest

Stories1Year Built1920Building Size-Lot Size0.11 AC / 4,874 SF

Property Information for 1516 Murphy Avenue Southwest

Summary
Location and General Information
  • Community Features: None
  • Directions: Use GPS
  • Lake Name: None
  • View: Other
  • Coordinates: -84.425592, 33.713575
Taxes and HOA Information
  • Parcel Number: 14 012100010095
  • Tax Year: 2024
  • Master Association Fee: $.00
  • HOA Rent Restrictions: No
  • Association: No
  • Tax Legal Description: ATTACHED AS EXHIBIT.
School Information
  • Elementary School: T. J. Perkerson
  • High School: G.W. Carver
  • Middle School: Sylvan Hills
Parking
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Natural Gas
  • Appliances: Dishwasher, Gas Oven
  • Basement: None
  • Fireplace Features: None
  • # of Fireplaces: 0
  • Flooring: Hardwood, Luxury Vinyl
  • Interior Features: Crown Molding
  • Levels/Stories: One
  • Other Equipment: None
  • Window Features: None
  • Bedroom Features: Master on Main
  • Diningroom Features: None
  • Kitchen Features: Cabinets White
  • Master Bathroom Features: None
  • Foundation: Slab
  • Main Bedrooms: 5
  • Total Half Baths: 0
  • Bathrooms Total Interger: 2
  • Main Full Baths: 2
  • Additional Rooms: Other
  • Bathrooms Total Decimal: 2.00
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Wood Siding
  • Dock: None
  • Fencing: None
  • Horse Amenities: None
  • Patio And Porch Features: Front Porch
  • Pool Features: None
  • Road Surface Type: None
  • Roof Type: Shingle
  • Security Features: None
  • Spa Features: None
  • Laundry Features: None
  • Pool Private: No
  • Road Frontage Type: None
  • Other Structures: None
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available
  • Water Source: Public
  • Electric: 220 Volts
Property and Assessments
  • Home Warranty: No
  • Property Condition: Updated/Remodeled
  • Possession: Subject To Tenant Rights
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • SqFt Source: Public Records
  • Square Footage: 1566.0
  • Common Walls: No Common Walls
  • Lot Features: Back Yard
  • Acreage Source: Public Records
  • Lot Size Dimensions: 4874
  • Waterfront Footage: 0.0
Rental
Rent Information
  • Land Lease: No
  • Occupant Types: Tenant

Property History for 1516 Murphy Avenue Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1516 Murphy Avenue Southwest

Taxable ValueLand$24,120Additions-Total$24,120
Home Facts
Beds4Baths2Total Finished SqFt1,566 SqFtAbove Grade Finished SqFt1,566 SqFtStories1Lot Size4,835 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1955ZoningI1CountyFULTONAPN14 012100010095Fireplace TypeHas Fireplace

Schools near 1516 Murphy Avenue Southwest

This home is within Atlanta Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Perkerson Elementary School
PublicPK to 5

Sylvan Hills Middle School
Public6 to 8

Carver High School
Public9 to 12

Early College High School At Carver
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1516 Murphy Avenue Southwest is a single family home for sale in Atlanta, GA 30310. This property was listed for sale on December 11, 2024 by Trend Atlanta Realty, Inc., it's currently listed at $455,000. It has been on the market for a total of 67 days and was last sold on April 26, 2023. This listing's school district is Atlanta Public Schools. Nearby schools include Perkerson Elementary School, Sylvan Hills Middle School and Carver High School. 1516 Murphy Avenue Southwest is a 5-bed, 2-bath, 1,566 sqft single family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Trend Atlanta Realty, Inc., Melissa Michel

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.