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$379,900
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Property Description
High Cash-Flow Investment Opportunity! This spacious 7BD/2BA single-family home offers exceptional income potential, with the ability to generate over $6,000/month at full occupancy. Currently more than 50% occupied, the property presents immediate upside for increased cash flow. An unfinished basement provides an excellent opportunity for value-add improvements-perfect for expanding living space, adding rooms, or boosting rental income. Ideal for rooming rentals, portfolio expansion, or long-term investors seeking strong, scalable cash-flow returns.
Full Property Details
Full Property Details for 1033 Palmetto Ave SW
General
- Price: $379,900
- Taxes: $3,489 (2023)
- Status: Active
- Type: Single Family
- Source: GAMLS_Atlanta
- MLS ID: 10651222
- Updated: 1/22/2026
- Added to Site: 59 day(s) ago
Interior
- Rooms/Areas: Other
- Interior Features: Other
- Appliances: Dishwasher, Disposal
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 7
- Bedrooms Main: 7
Other Rooms
- Kitchen: Breakfast Area
- Laundry: Laundry Closet
Exterior
- Exterior Features: Other
Parking
- Parking Features: None
Location
- County: Fulton
- Driving Directions: GPS
School Information
- Elementary School: Jones
- Middle School: Brown
- High School: Washington
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
Structural Information
- Architectural Style: Ranch
- Construction Status: Resale
- Basement: Yes
- Basement Desc.: Partial
- Roof: Composition
- Stories/Levels: One
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.115
- Lot Size Range: .115
- Lot Size Source: Other
- Lot Description: Other
Water Features
- Water Front Name: NONE
Financial Considerations
- Tax Amount: $3,489
- Tax Year: 2023
Listing Courtesy of: Simply Homes ATL
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Schools
Schools serving 1033 Palmetto Ave SW
School District:Atlanta City School District
| Name | Grades | Distance |
|---|---|---|
M. A. Jones Elementary School 1040 Fair Street Southwest, Atlanta, GA 30314 | K-5 | 0.2 mi |
Herman J. Russell West End Academy 765 Peeples Street Southwest, Atlanta, GA 30310 | 6-8 | 1.2 mi |
Booker T. Washington High School 45 Whitehouse Drive Southwest, Atlanta, GA 30314 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1033 Palmetto Ave SW
Date
Details
Price
Change
Source
1/19/2026
Price Reduced
$379,900
-7.34%
MLS
11/30/2025
Listed
$410,000
52.99%
MLS
9/07/2021
Sold
$268,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1033 Palmetto Ave SW
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,489
27%
$84,280
27%
2022
$2,752
3%
$66,480
23%
2021
$2,683
—
$54,200
6%
2021
$2,683
65%
$50,960
29%
2019
$1,629
206%
$39,640
209%
2018
$532
28%
$12,840
33%
2017
$416
—
$9,640
—
2016
$417
—
$9,640
—
2015
$418
-1%
$9,640
4%
2014
$421
78%
$9,280
155%
2012
$236
—
$3,640
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1033 Palmetto Ave SW
1033 Palmetto Avenue SW, Atlanta, GA 30314 (MLS# 10651222) is a Single Family property with 7 bedrooms and 2 full bathrooms. 1033 Palmetto Avenue SW is currently listed for $379,900 and was received on November 30, 2025. Want to learn more about 1033 Palmetto Avenue SW? Do you have questions about finding other Single Family real estate for sale in Atlanta? You can browse all Atlanta real estate or contact a Coldwell Banker agent to request more information.

