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$135,000
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Property Description
This tenant-occupied 3 bedroom, 1 bathroom investment property offers immediate cash flow with a stable tenant paying $1,350 per month. Recently updated throughout, the property features a renovated interior, including an updated kitchen and bathroom, along with major system upgrades such as a new roof and new HVAC for added peace of mind and reduced maintenance. This is a turnkey opportunity for investors seeking a performing asset from day one with consistent rental income already established. The functional layout supports strong rental demand and long-term tenant retention. The property offers convenient access to major roadways including I-285 and I-20, providing easy connectivity throughout the metro area. The surrounding area also offers proximity to public transportation options, retail, and local services, further supporting rental stability. With immediate income, recent upgrades, and strong rental demand in the area, this property presents an excellent opportunity for investors looking to expand or strengthen their rental portfolio.
Full Property Details
Full Property Details for 2766 Waters Rd SW
General
- Price: $135,000
- Taxes: $1,713 (2025)
- Status: Active
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10765350
- Updated: 6/27/2026
- Added to Site: 59 day(s) ago
Parking
- Parking Features: Over 1 Space per Unit
Location
- County: Fulton
- Driving Directions: GPS friendly
School Information
- Elementary School: Cleveland
- Middle School: Long
- High School: South Atlanta
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Electricity Individual Meters, Individual Gas Meters, Sewer Connected, Individual Water Meters
Structural Information
- Construction Status: Resale
- Basement Desc.: None
- Stories/Levels: One
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.556
- Lot Size Range: .556
- Lot Size Source: Public Records
Water Features
- Water Front Name: NONE
Financial Considerations
- Tax Amount: $1,713
- Tax Year: 2025
Listing Courtesy of: Atlanta Communities
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Schools
Schools serving 2766 Waters Rd SW
School District:Atlanta City School District
| Name | Grades | Distance |
|---|---|---|
Cleveland Elementary School, Atlanta, GA 2672 Old Hapeville Road Southwest, Atlanta, GA 30315 | PK-5 | 0.3 mi |
Long Middle School 3200 Latona Drive Southwest, Atlanta, GA 30354 | 6-8 | 0.9 mi |
South Atlanta High School 800 Hutchens Road Southeast, Atlanta, GA 30354 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2766 Waters Rd SW
Date
Details
Price
Change
Source
6/24/2026
Price Reduced
$135,000
-9.09%
MLS
5/15/2026
Listed
$148,500
151.69%
MLS
10/07/2022
Sold
$59,000
—
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 2766 Waters Rd SW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,335
-44%
$41,880
-27%
2023
$2,371
47%
$57,280
47%
2022
$1,615
4%
$39,000
48%
2021
$1,554
—
$26,320
58%
2021
$1,554
131%
$16,680
2%
2019
$674
272%
$16,400
276%
2018
$181
—
$4,360
4%
2017
$181
-1%
$4,200
—
2016
$182
—
$4,200
—
2015
$182
-4%
$4,200
—
2014
$190
-27%
$4,200
17%
2012
$259
—
$3,600
—
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 2766 Waters Rd SW
2766 Waters Road SW, Atlanta, GA 30354 (MLS# 10765350) is a Multi-Family property with 1 unit containing 0 bedrooms and 0 full bathrooms. 2766 Waters Road SW is currently listed for $135,000 and was received on May 15, 2026. Want to learn more about 2766 Waters Road SW? Do you have questions about finding other Multi-Family real estate for sale in Atlanta? You can browse all Atlanta real estate or contact a Coldwell Banker agent to request more information.

