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$760,000
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Property Description
THIS IS NOT A CAP RATE DEAL. NO OWNER FINANCING. 7-UNIT APARTMENT BUILDING IN GREAT LOCATION! 1.5 miles from Georgia Tech. 1.8 miles from downtown Atlanta. 1.5 miles from West Midtown. 1.6 miles from Mercedes Benz Stadium, 1.7 miles to Georgia Aquarium. Six (6) of the seven (7) units are currently under lease contracts at $825/mo. The 7th unit is available for viewing. Each unit - 2bd, 1 bath. Central Air & Heat. Totally electric. This Apartment Building sits in the English Avenue area, .05 miles from Vine City Community. There are several up and coming work and entertainment projects being developed in the general area. Renovations and updates will be needed to enhance the property overall market appeal. Property being Sold "AS/IS". THIS OPPORTUNITY DOES NOT REPRESENT A ROBUST CAP RATE DEAL IN ITS CURRENT CONDITION!
Full Property Details
Full Property Details for 550 Joseph E. Lowery Blvd NW
General
- Sold For: $760,000
- Taxes: $5,971 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10555279
- Added to Site: 277 day(s) ago
Parking
- Parking Features: Off-Street, Side/Rear Entrance
Location
- County: Fulton
- Driving Directions: Please Use GPS
School Information
- Elementary School: Jones
- Middle School: Other
- High School: Washington
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air, Electric
- Heating Type: Electric, Forced Air
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Electricity Individual Meters
Structural Information
- Construction Status: Resale
- Basement Desc.: None
- Stories/Levels: Two
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.396
- Lot Size Range: .396
- Lot Size Source: Public Records
Water Features
- Water Front Name: NONE
Financial Considerations
- Tax Amount: $5,971
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: As Is, Investor-Owned
- Block: 11
Listing Courtesy of: Homesmart Realty Partners
Sold by Engel & Völkers Atlanta
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Schools
Schools serving 550 Joseph E. Lowery Blvd NW
School District:Atlanta City School District
| Name | Grades | Distance |
|---|---|---|
Michael R. Hollis Innovation Academy 225 James P Brawley Drive Northwest, Atlanta, GA 30314 | K-8 | 0.7 mi |
Booker T. Washington High School 45 Whitehouse Drive Southwest, Atlanta, GA 30314 | 9-12 | 1.1 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 550 Joseph E. Lowery Blvd NW
Date
Details
Price
Change
Source
3/06/2026
Sold
$760,000
-13.14%
MLS
7/01/2025
Listed
$875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
550 Joseph E Lowery Boulevard NW, Atlanta, GA 30314 (MLS# 10555279) is a Multi-Family property that was sold at $760,000 on March 06, 2026. Want to learn more about 550 Joseph E Lowery Boulevard 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.

