879 Parsons Street Southwest

Atlanta, GA 30314

$1,200,000
Price
14
Beds
14
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a view of a house with a patio
a view of a house with backyard
a view of a house with a yard
a front view of house with yard
a backyard of a house with table and chairs
a front view of a house with yard and green space
a view of house with outdoor space and swimming pool
a living room with furniture a refrigerator and kitchen view
a dinning room with furniture and wooden floor
a view of a livingroom with furniture window and wooden floor
a living room with furniture a wooden floor and a window
a kitchen with a refrigerator sink stove and cabinets
a kitchen with a stove and a sink
a kitchen with stainless steel appliances granite countertop a refrigerator a stove a sink and a microwave
a view of empty room with wooden floor and fan
a view of a hallway view with staircase
a bathroom with a sink toilet and bathtub
a living room with furniture and a window
a view of a hallway with wooden floor
a bathroom with a sink toilet and shower
a view of storage and utility room with washer and dryer
wooden floor in an empty room
a view of a room with gym equipment
wooden floor in an empty room with a window
a bathroom with a sink toilet and shower
a kitchen with a refrigerator a table and chairs
a workspace with chandelier fan and window
a bathroom with a sink toilet and shower
wooden floor in an empty room with a window
a view of empty room with wooden floor and window
a view of room with window and wooden floor
a view of a hallway with wooden floor
a bathroom with a sink toilet and shower
a utility room with dryer and washer
an aerial view of residential house with outdoor space
a front view of a house with a yard
an aerial view of a house with a couple of flower plants

Description

Offered at $1,200,000 with a CAP rate just under 8%, this 14-unit property at 879 Parsons St SW boasts a potential annual gross income of $137,100. Currently over 70% occupied with many tenants currently applying, it’s a perfect 1031 exchange candidate or even for a first time investment. Built in 2010 for student housing, it includes Side A and Side B, each with 7 rooms, 6 bathrooms, and full kitchens, plus private bathrooms in 10 units. Key features include new HVAC, water heaters, keyless entry,...Offered at $1,200,000 with a CAP rate just under 8%, this 14-unit property at 879 Parsons St SW boasts a potential annual gross income of $137,100. Currently over 70% occupied with many tenants currently applying, it’s a perfect 1031 exchange candidate or even for a first time investment. Built in 2010 for student housing, it includes Side A and Side B, each with 7 rooms, 6 bathrooms, and full kitchens, plus private bathrooms in 10 units. Key features include new HVAC, water heaters, keyless entry, and close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Units B2, B3, A1, A3 have shared bathrooms, the rest have their own private bathrooms. 2 shared kitchens & 2 shared laundry sets/areas per side. Property is great for DSCR loan or even a 1031 exchange.
  1. Listed by Eve Hill • Boulevard Homes, LLC

Property Details for 879 Parsons Street Southwest

Subdivision Complex
Steuerwald
Parking Features
Driveway
Property Attached
No
Waterfront Features
None
Furnished
Unfurnished
LISTING UPDATED: 11/25/2024 09:20 AM

Property Details for 879 Parsons Street Southwest

StatusActive
MLS #7477483
Days on Market56
Taxes$10,600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built2010
Lot Size0.10 AC / 4,347 SF
CountyFulton County

Building Information for 879 Parsons Street Southwest

Stories3Residences14Year Built2010Building Size-Lot Size0.10 AC / 4,347 SF

Property Information for 879 Parsons Street Southwest

Summary
Location and General Information
  • Community Features: Sidewalks
  • Directions: From I-20 W. Take exit 55A toward Lowery Blvd/West End. Merge onto Park St SW. Turn right onto Joseph E Lowery Blvd SW. Turn right onto Parsons St SW. Destination will be on the left
  • Lake Name: None
  • View: Trees/Woods
  • Coordinates: -84.416433, 33.751017
Taxes and HOA Information
  • Parcel Number: 14 010900030420
  • Tax Year: 2023
  • Association: No
  • Tax Legal Description: 14-0109-0003-042-0
School Information
  • Elementary School: M. A. Jones
  • High School: Booker T. Washington
  • Middle School: Herman J. Russell West End Academy
Parking
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Flooring: Luxury Vinyl
  • Levels/Stories: Three Or More
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick, Cement Siding, Fiber Cement
  • Dock: None
  • Fencing: None
  • Roof Type: Composition
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Phone Available,Sewer Available,Underground Utilities,Water Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Proposed Financing: 1031 Exchange, Cash, Conventional, Other
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Lot Features: Corner Lot, Level
  • Acreage Source: Public Records
Multi Family
Multi-Family Information
  • Unit Count: 14
  • NUM OF UNITS: 14
Unit 1
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Vacant
  • Unit Water Included: Yes
  • Unit Rent Amount: $800.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 2
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Vacant
  • Unit Water Included: Yes
  • Unit Rent Amount: $800.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 3
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Vacant
  • Unit Water Included: Yes
  • Unit Rent Amount: $800.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 4
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $800.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 5
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Vacant
  • Unit Water Included: Yes
  • Unit Rent Amount: $800.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 6
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $800.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 7
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $750.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 8
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $825.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 9
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $800.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 10
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,050.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 11
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Vacant
  • Unit Water Included: Yes
  • Unit Rent Amount: $800.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 12
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $800.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 13
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $800.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Unit 14
  • Unit Deposit Amount: $500.00
  • Unit Electric Included: Yes
  • Unit Features: Dishwasher, Dryer, Hardwood Floors, Microwave, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Vacant
  • Unit Water Included: Yes
  • Unit Rent Amount: $800.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 1
Rental
Rent Information
  • Occupant Types: Tenant

Property History for 879 Parsons Street 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 879 Parsons Street Southwest

Taxable ValueLand$33,040Additions-Total$33,040
Home Facts
Baths7Total Finished SqFt3,131 SqFtAbove Grade Finished SqFt3,131 SqFtStories2Lot Size4,312 SqFtStyleDuplexYear Built2010ZoningR5CountyFULTONAPN14 010900030420

Schools near 879 Parsons Street Southwest

This home is within Atlanta Public Schools.
Rating
School
Type
Grades
Distance
M. A. Jones Elementary School
Public - PK to 5
Herman J. Russell West End Academy
Public - 6 to 8
Booker T. Washington High School
Public - 9 to 12
KIPP Ways Academy Charter School
Charter - 5 to 8
Rating
School
Distance
M. A. Jones Elementary School
PublicPK to 5

Herman J. Russell West End Academy
Public6 to 8

Booker T. Washington High School
Public9 to 12

KIPP Ways Academy Charter School
Charter5 to 8

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.

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More information about 879 Parsons Street Southwest, Atlanta, GA 30314

879 Parsons Street Southwest is a multi-family home for sale in Atlanta, GA 30314. This property was listed for sale on October 30, 2024 by Boulevard Homes, LLC, it's currently listed at $1,200,000. It has been on the market for a total of 56 days and was last sold on May 17, 2021. This listing's school district is Atlanta Public Schools. Nearby schools include M. A. Jones Elementary School, Herman J. Russell West End Academy and Booker T. Washington High School. 879 Parsons Street Southwest is a 14-bed, 14-bath, multi-family home built in 2010.

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 Boulevard Homes, LLC, Eve Hill

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.