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$1,000,000

  • For Sale
  • Active
  • Single Family
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Offered at $1,000,000 with current CAP rate of 9.85 % and potential CAP rate of 11.35%!, this 14-unit property boasts a potential annual gross income of $159,600.00. 100% occupancy! It's a perfect 1031 exchange candidate, DSCR loan or even for a first time investment with a commercial conventional loan. Specifically built in 2010 for student housing, it includes Side A and Side B, each with 7 rooms, 6 bathrooms, and full kitchens, plus private bathrooms in 10 units. Key features include new HVAC, water heaters, keyless entry, and close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Units B2, B3, A1, A3 have shared bathrooms, the rest have their own private bathrooms. 2 shared kitchens & 2 shared laundry sets/areas per side. Do not miss this immediate strong cash flow.

Full Property Details for 879 Parsons St SW

General

  • Price: $1,000,000
  • Taxes: $13,366 (2025)
  • Status: Active
  • Type: Single Family
  • Source: FMLS_Atlanta
  • MLS ID: 7715525
  • Updated: 2/6/2026
  • Added to Site: 17 day(s) ago

Interior

  • Flooring: Hardwood

Additional Information

  • Amenities: Near Public Transport, Near Schools, Near Shopping, Public Transportation, Sidewalks, Other
  • Security/Safety: None

Parking

  • Total Spaces: 6
  • Parking Features: Driveway, Paved

Location

  • County: Fulton
  • Subdivision: MAP/STEUERWALD PROP RESUB CORR
  • Driving Directions: From I-20 W. Take exit 55A toward Lowery Blvd/West End. Merge onto Park St SW. Turn right onto Joseph E Lowery Blvd SW. Turn right onto Parsons St SW. Destination will be on the left

School Information

  • Elementary School: M. A. Jones
  • Middle School: Herman J. Russell West End Academy
  • High School: Booker T. Washington

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Available, Sewer Available, Water Available, Other

Structural Information

  • Detached/Attached: Detached
  • Exterior Const.: Brick, Cement Siding, Fiber Cement
  • Roof: Composition
  • Windows: None
  • Stories/Levels: Two
  • Year Built: 2010
  • Property Condition: Resale

Lot Features

  • Property View: City, Neighborhood
  • Lot Size (Acres): 0.1
  • Lot Size Source: Public Records
  • Lot Dimensions: 0 x 0
  • Lot Features: Corner Lot, Level
  • Fencing (Description): None

Financial Considerations

  • Tax Amount: $13,366
  • Tax Year: 2025
  • Terms: 1031 Exchange, Conventional, Cash

Disclosures and Reports

  • Block: 1
  • Lot Number: 1

Listed by Keller Williams Buckhead

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 Feb 22 2026 10:1PM

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Listing agent

— 879 Parsons St SW —

  • Keller Williams Buckhead

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 879 Parsons St SW

School District:Atlanta City School District
NameGradesDistance
M. A. Jones Elementary School
1040 Fair Street Southwest, Atlanta, GA 30314
K-50.3 mi
Herman J. Russell West End Academy
765 Peeples Street Southwest, Atlanta, GA 30310
6-81.2 mi
Booker T. Washington High School
45 Whitehouse Drive Southwest, Atlanta, GA 30314
9-120.4 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 879 Parsons St SW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/06/2026
Listed
$1,000,000
37.93%
MLS
5/17/2021
Sold
$725,000
—
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 879 Parsons St SW

Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,716
27%
$258,840
27%
2022
$8,467
4%
$204,520
15%
2021
$8,169
—
$178,400
1%
2021
$8,169
224%
$176,280
188%
2019
$2,518
2%
$61,280
2%
2018
$2,477
-72%
$59,840
-71%
2017
$8,811
—
$204,000
—
2016
$8,833
1082%
$204,000
1086%
2015
$747
-4%
$17,200
—
2014
$780
81%
$17,200
—
2012
$432
—
$17,200
—
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.

Estimate the Cost for 879 Parsons St SW

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

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NMLS#: 1598647

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Listed by Keller Williams Buckhead

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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 Feb 22 2026 10:1PM

879 Parsons Street SW, Atlanta, GA 30314 (MLS# 7715525) is a Single Family property with 0 bedrooms and 0 full bathrooms. 879 Parsons Street SW is currently listed for $1,000,000 and was received on February 06, 2026. Want to learn more about 879 Parsons Street SW? 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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