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$300,000
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Property Description
Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.
Full Property Details
Full Property Details for 3224 Ward Dr SE
General
- Price: $300,000
- Taxes: $2,289 (24)
- Status: Active
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10797112
- Updated: 7/15/2026
- Added to Site: 58 day(s) ago
Parking
- Parking Features: Parking Pad
Location
- County: Fulton
- Driving Directions: GPS
School Information
- Elementary School: Heritage
- 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: Updated/Remodeled
- Basement: Yes
- Basement Desc.: Full, Partially Finished
- Stories/Levels: One
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.218
- Lot Size Range: .218
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $2,289.78
- Tax Year: 24
Disclosures and Reports
- Special Conditions: Rental
Listing Courtesy of: O. Realty, LLC
Get Pre-Approved Today
Schools
Schools serving 3224 Ward Dr SE
School District:Atlanta City School District
| Name | Grades | Distance |
|---|---|---|
Heritage Academy Elementary 3500 Villa Circle Southeast, Atlanta, GA 30354 | PK-5 | 0.8 mi |
Long Middle School 3200 Latona Drive Southwest, Atlanta, GA 30354 | 6-8 | 0.5 mi |
South Atlanta High School 800 Hutchens Road Southeast, Atlanta, GA 30354 | 9-12 | 1.5 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 3224 Ward Dr SE
Date
Details
Price
Change
Source
7/01/2026
Listed
$300,000
757.14%
MLS
11/30/2016
Sold
$35,000
—
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 3224 Ward Dr SE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,005
-26%
$62,920
-4%
2023
$2,724
24%
$65,800
24%
2022
$2,202
4%
$53,200
32%
2021
$2,126
—
$40,440
37%
2021
$2,126
78%
$29,600
2%
2019
$1,195
356%
$29,080
360%
2018
$262
-1%
$6,320
3%
2017
$264
—
$6,120
—
2016
$265
—
$6,120
—
2015
$266
-4%
$6,120
—
2014
$277
204%
$6,120
16%
2012
$91
—
$5,280
—
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 3224 Ward Dr SE
3224 Ward Drive SE, Atlanta, GA 30354 (MLS# 10797112) is a Multi-Family property with 1 unit containing 0 bedrooms and 0 full bathrooms. 3224 Ward Drive SE is currently listed for $300,000 and was received on July 01, 2026. Want to learn more about 3224 Ward Drive SE? 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.

