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$1,800,000

  • For Sale
  • Active
  • Multi-Family
  • 11 Total Beds
  • Updated 6 days ago
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297 Burbank Dr NW offers a fully renovated, fully occupied ten-unit multifamily property positioned in one of Atlanta's most rapidly developing neighborhoods. The building includes six 1-bedroom, 1-bath units of approximately 500 square feet each and four 2-bedroom, 1-bath units of approximately 750 square feet. In 2021, the entire structure underwent a comprehensive renovation that included new framing, drywall, electrical, plumbing, HVAC systems, flooring, roof, and all appliances. Since completion, the property has been consistently and professionally maintained, providing a true turnkey investment with no deferred maintenance. Every unit is occupied with long-term, stable tenants, generating reliable cash flow. Current rents remain below market, offering clear upside potential for increases without requiring additional capital improvements. The strong tenant retention reflects both the quality of the renovation and the desirability of the location. The property sits in a prime in-town Atlanta corridor, minutes from Downtown, Georgia Tech, the Atlanta University Center, Mercedes-Benz Stadium, and major transportation routes including I-20 and I-75/85. It is also close to the Atlanta BeltLine and several neighborhood parks, adding to its appeal for residents seeking walkability and outdoor access. The surrounding area continues to experience significant redevelopment and investment, driving demand and long-term appreciation. This is an ideal moment to step into a stabilized, income-producing asset with built-in growth potential in one of Atlanta's most active development zones.

Full Property Details for 297 Burbank Dr NW

General

  • Price: $1,800,000
  • Taxes: $15,000 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: GAMLS_Atlanta
  • MLS ID: 10817720
  • Updated: 8/19/2026
  • Added to Site: 22 day(s) ago

Rooms

Bedrooms

  • Total Bedrooms: 11

Other Rooms

  • Laundry: In Unit

Parking

  • Parking Features: Off-Street, Parking Pad

Location

  • County: Fulton
  • Driving Directions: Use GPS

School Information

  • Elementary School: Hollis Innovation Academy
  • Middle School: M R Hollis
  • High School: Booker T Washington

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Water/Sewer: Public Sewer
  • Utility Description: Electricity Individual Meters, Sewer Connected

Structural Information

  • Construction Status: Resale
  • Basement Desc.: None
  • Stories/Levels: Two
  • Year Built: 1963

Unit Information

Unit 1

  • Unit Description: Dishwasher, Dryer, Range/Oven, Refrigerator, Smoke/Fire Alarm, Washer
  • Square Feet: 500
  • Bedrooms: 1

Unit 2

  • Unit Description: Dishwasher, Dryer, Range/Oven, Refrigerator, Smoke/Fire Alarm, Washer
  • Square Feet: 750
  • Bedrooms: 2

Unit 3

  • Unit Description: Dishwasher, Dryer, Range/Oven, Refrigerator, Smoke/Fire Alarm, Washer
  • Square Feet: 500
  • Bedrooms: 1

Unit 4

  • Unit Description: Dishwasher, Range/Oven, Refrigerator, Smoke/Fire Alarm, Washer
  • Square Feet: 500
  • Bedrooms: 1

Unit 5

  • Unit Description: Dishwasher, Dryer, Range/Oven, Refrigerator, Smoke/Fire Alarm, Washer
  • Bedrooms: 2

Unit 6

  • Unit Description: Dishwasher, Dryer, Range/Oven, Refrigerator, Smoke/Fire Alarm, Washer
  • Bedrooms: 1

Unit 7

  • Unit Description: Dishwasher, Dryer, Range/Oven, Refrigerator, Smoke/Fire Alarm, Washer
  • Bedrooms: 1

Unit 8

  • Unit Description: Dishwasher, Dryer, Range/Oven, Refrigerator, Smoke/Fire Alarm, Washer
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.65
  • Lot Size Range: .65
  • Lot Size Source: Public Records

Financial Considerations

  • Tax Amount: $15,000
  • Tax Year: 2025

Listing Courtesy of: Wynd Realty Georgia

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Listing agent

— 297 Burbank Dr NW —

  • Wynd Realty Georgia

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 297 Burbank Dr NW

School District:Atlanta City School District
NameGradesDistance
Michael R. Hollis Innovation Academy
225 James P Brawley Drive Northwest, Atlanta, GA 30314
K-81 mi
Booker T. Washington High School
45 Whitehouse Drive Southwest, Atlanta, GA 30314
9-120.8 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 297 Burbank Dr NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/03/2026
Listed
$1,800,000
566.67%
MLS
7/02/2019
Sold
$270,000
—
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 297 Burbank Dr NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,349
100%
$364,600
86%
2023
100%
$196,120
—
2022
-100%
$196,120
103%
2021
$4,105
16%
$96,560
12%
2019
$3,534
-12%
$86,000
-11%
2018
$4,003
121%
$96,680
130%
2017
$1,814
—
$42,000
—
2016
$1,819
17%
$42,000
—
2015
$1,550
-19%
$42,000
—
2014
$1,904
2%
$42,000
—
2012
$1,866
—
$42,000
—
View All
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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Listing Courtesy of: Wynd Realty Georgia

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297 Burbank Drive NW, Atlanta, GA 30314 (MLS# 10817720) is a Multi-Family property with 10 units containing 11 bedrooms and 0 full bathrooms. 297 Burbank Drive NW is currently listed for $1,800,000 and was received on August 03, 2026. Want to learn more about 297 Burbank Drive NW? 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.

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