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$1,395,000

  • For Sale
  • Active
  • Single Family
  • 10 Beds
  • 2 Full Baths
  • 7,840 Sq. Ft.
See This Home
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Atlanta Leasing & Investment is proud to present an outstanding opportunity to acquire a 10-unit property located just 5 minutes from Georgia State University and steps from the vibrant Summerhill neighborhood. This prime asset offers quick access to I-85, ensuring seamless connectivity to Downtown Atlanta. This property generates strong immediate cash flow, with recent rent increases by the current owner. Market rents in the area range from $1,400 to $1,800 per month, providing a solid income stream. Additionally, the property presents a value-add opportunity - strategic unit updates upon turnover could further maximize rental income. The property underwent interior renovations estimated at $200K-$300K and exterior renovations estimated at $100K between 2017 and 2018. Currently operating at approximately a 7% cap rate, the property has the potential to reach 8% at market rents, making it an attractive and dependable investment with strong potential for appreciation and increased tenant demand. This is a rare chance to secure a high-performing asset in a rapidly growing market with excellent upside potential.

Full Property Details for 208 Doane St

General

  • Price: $1,395,000
  • Taxes: $13,839 (2024)
  • Status: Active
  • Type: Single Family
  • Source: FMLS_Atlanta
  • MLS ID: 7544001
  • Updated: 12/18/2025
  • Added to Site: 306 day(s) ago

Interior

  • Interior Features: Other
  • Fireplace(s): None
  • Appliances: Other
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 1
  • Primary Bathroom: Other

Bedrooms

  • Total Bedrooms: 10
  • Bedrooms Main: 5
  • Bedroom Features: Other

Other Rooms

  • Kitchen: Other
  • Dining Room: Other
  • Laundry: Other

Additional Information

  • Amenities: None
  • Security/Safety: Carbon Monoxide Detector(s), Fire Alarm
  • Equipment: None

Exterior

  • Exterior Features: Other
  • Porch/Patio/Deck: None

Parking

  • Parking Features: Attached

Location

  • County: Fulton
  • Subdivision: NONE
  • Driving Directions: Turn left onto University Avenue SW (0.5 miles). Turn right onto Metropolitan Parkway SW (0.4 miles). Turn left onto Doane St SW. The destination will be on your right.

School Information

  • Elementary School: Fulton - Other
  • Middle School: Sylvan Hills
  • High School: Maynard Jackson

Community

  • Units Assoc/Comm: 10

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Other

Structural Information

  • Architectural Style: Other
  • Detached/Attached: Detached
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Crawlspace
  • Roof: Asbestos Shingle
  • Common Walls: No Common Walls
  • Windows: Wood Frames
  • Stories/Levels: One
  • Square Feet: 7,840
  • Sq. Ft. Source: Builder
  • Year Built: 1955
  • Property Condition: Resale

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Other
  • Lot Size (Acres): 0.219
  • Lot Size Source: Other
  • Lot Dimensions: 9540
  • Frontage: Other
  • Street/Road Desc.: Concrete
  • Lot Features: Other
  • Fencing (Description): None

Water Features

  • Docks: None

Financial Considerations

  • Tax Amount: $13,839
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 14 007400020828

Listed by Atlanta Leasing & Investment

FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 18 2026 3:54PM

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Listing agent

— 208 Doane St —

  • Atlanta Leasing & Investment

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 208 Doane St

School District:Atlanta City School District
NameGradesDistance
Dunbar Elementary School
500 Whitehall Terrace Southwest, Atlanta, GA 30312
PK-50.8 mi
King Middle School
545 Hill Street Southeast, Atlanta, GA 30312
6-81 mi
Maynard H. Jackson- Jr. High School
801 Glenwood Avenue Southeast, Atlanta, GA 30316
9-122 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 208 Doane St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2025
Listed
$1,395,000
1580.72%
MLS
10/04/2016
Sold
$83,000
—
Public Record
Get Price Alerts and Save Property
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 for 208 Doane St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,995
25%
$338,040
25%
2022
$11,203
32%
$270,600
56%
2021
$8,509
19%
$174,000
—
2019
$7,149
24%
$174,000
25%
2018
$5,748
29%
$138,840
34%
2017
$4,461
186%
$103,280
187%
2016
$1,559
—
$36,000
—
2015
$1,563
-4%
$36,000
—
2014
$1,632
2%
$36,000
—
2012
$1,600
—
$36,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Atlanta Leasing & Investment

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FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 18 2026 3:54PM

208 Doane St, Atlanta, GA 30315 (MLS# 7544001) is a Single Family property with 10 bedrooms and 2 full bathrooms. 208 Doane St is currently listed for $1,395,000 and was received on March 19, 2025. Want to learn more about 208 Doane St? 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.

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