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$599,990
Property Description
Exceptional investment opportunity in Atlanta's desirable West End, just minutes from the Atlanta University Center (AUC). This 15-unit rooming house is currently operated as a PadSplit-style shared housing property, generating approximately $10K in gross monthly income. Designed for consistent demand, the property benefits from its proximity to major employers, public transportation, downtown Atlanta, and multiple colleges and universities. The existing rooming house layout allows for efficient operations and strong cash flow, making it ideal for investors seeking immediate income with upside potential. Whether you're expanding a PadSplit portfolio or looking for a high-yield asset in a rapidly appreciating area, this property delivers location, scale, and proven performance. ALL TENANTS ARE ON WEEKLY LEASES so new owner has no contractual obligations to keep current tenants. **CASH OR HARD MONEY ONLY*
Full Property Details
Full Property Details for 969 Palmetto Ave SW
General
- Price: $599,990
- Taxes: $8,203 (2025)
- Status: Active
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10688959
- Updated: 2/10/2026
- Added to Site: 14 day(s) ago
Parking
- Parking Features: Side/Rear Entrance
Location
- County: Fulton
- Driving Directions: USE GPS
School Information
- Elementary School: Jones
- Middle School: Brown
- High School: 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: Resale
- Basement Desc.: None
- Stories/Levels: Two
- Year Built: 2003
Lot Features
- Lot Size (Acres): 0.115
- Lot Size Range: .115
- Lot Size Source: Public Records
Water Features
- Water Front Name: NONE
Financial Considerations
- Tax Amount: $8,203
- Tax Year: 2025
Listing Courtesy of: Fleur De Lee Realty
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Schools
Schools serving 969 Palmetto Ave SW
School District:Atlanta City School District
| Name | Grades | Distance |
|---|---|---|
M. A. Jones Elementary School 1040 Fair Street Southwest, Atlanta, GA 30314 | K-5 | 0.3 mi |
Herman J. Russell West End Academy 765 Peeples Street Southwest, Atlanta, GA 30310 | 6-8 | 1.2 mi |
Booker T. Washington High School 45 Whitehouse Drive Southwest, Atlanta, GA 30314 | 9-12 | 0.2 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 969 Palmetto Ave SW
Date
Details
Price
Change
Source
2/09/2026
Listed
$599,990
62.16%
MLS
3/27/2025
Sold
$370,000
—
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 969 Palmetto Ave SW
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,366
13%
$202,080
13%
2022
$7,429
14%
$179,440
20%
2021
$6,537
—
$149,320
284%
2021
$6,537
310%
$38,840
—
2019
$1,596
25%
$38,840
—
2018
$1,272
-4%
$38,840
26%
2017
$1,327
—
$30,720
—
2016
$1,330
—
$30,720
—
2015
$1,334
24%
$30,720
29%
2014
$1,077
470%
$23,760
101%
2012
$189
—
$11,800
—
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 969 Palmetto Ave SW
969 Palmetto Avenue SW, Atlanta, GA 30314 (MLS# 10688959) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 969 Palmetto Avenue SW is currently listed for $599,990 and was received on February 09, 2026. Want to learn more about 969 Palmetto Avenue SW? Do you have questions about finding other Multi-Family real estate for sale in Whitewater Creek? You can browse all Whitewater Creek real estate or contact a Coldwell Banker agent to request more information.
