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$900,000
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Property Description
Investor Special in Prime Vine City - Cash Flow Day One Welcome to 893 Magnolia Street, a rare 5-unit multifamily opportunity in the heart of Vine City. Just steps from the AUC's HBCUs, MARTA, the BeltLine connector, Mercedes-Benz Stadium, and the massive wave of Westside redevelopment - this location is as "future-proof" as it gets. This property can be delivered fully leased and is producing strong income. Potential Income: * (4) units - 3BR/2BA at $2,400/month each * (1) unit - 2BR/2BA at $1,600/month Total monthly income: $11,200 Total annual income: $134,400 Whether you're building your portfolio, executing a 1031 exchange, or looking for a value-add play in a booming submarket, this one hits every metric: size, location, tenant demand, and cash flow from the jump. With the World Cup right around the corner, Now is the time to get into this area while you still can!
Full Property Details
Full Property Details for 893 Magnolia St NW
General
- Sold For: $900,000
- Taxes: $15,562 (2025)
- Status: Closed
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10648133
- Added to Site: 182 day(s) ago
Parking
- Parking Features: Parking Pad
Location
- County: Fulton
- Driving Directions: Please Use GPS
School Information
- Elementary School: Other
- Middle School: Brown
- High School: Booker T Washington
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Other
Structural Information
- Construction Status: Updated/Remodeled
- Basement Desc.: None
- Stories/Levels: Two
- Year Built: 1970
Lot Features
- Lot Size (Acres): 0.144
- Lot Size Range: .144
- Lot Size Source: Public Records
Water Features
- Water Front Name: NONE
Financial Considerations
- Tax Amount: $15,562
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Investor-Owned
Listing Courtesy of: Keller Williams Realty Atl. Partners
Sold by Keller Williams Realty
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Schools
Schools serving 893 Magnolia St 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 | 0.3 mi |
Booker T. Washington High School 45 Whitehouse Drive Southwest, Atlanta, GA 30314 | 9-12 | 0.4 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 893 Magnolia St NW
Date
Details
Price
Change
Source
4/30/2026
Sold
$900,000
-5.26%
MLS
11/21/2025
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
893 Magnolia Street NW, Atlanta, GA 30314 (MLS# 10648133) is a Multi-Family property that was sold at $900,000 on April 30, 2026. Want to learn more about 893 Magnolia Street 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.

