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$1,325,000 Just Listed

  • For Sale
  • Active
  • Retail
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Investor opportunity: **7-property single-family rental portfolio** offered as a package sale across South Metro Atlanta. The portfolio includes properties in Riverdale, Jonesboro, College Park/South Fulton, and Southwest Atlanta, providing a diversified residential investment opportunity with established rental demand and long-term income potential. Properties are being marketed together as a portfolio. Full rent roll, property-level financials, tax information, insurance figures, and additional due diligence materials are available upon request. Ideal for investors seeking an income-producing residential portfolio with the opportunity to further optimize returns through rental growth and operational efficiencies. Photo drop box of all properties available upon request.

Full Property Details for 8423 Magnolia Dr

General

  • Price: $1,325,000
  • Taxes: $3,753 (2025)
  • Status: Active
  • Type: Retail
  • Source: FMLS_Atlanta
  • MLS ID: 7835995
  • Updated: 9/10/2026
  • Added to Site: 5 day(s) ago

Business

  • Business Type: Other
  • Includes: Building & Land, Other

Interior

  • Interior Features: Other
  • Flooring: Carpet, Tile, Vinyl

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s), Fire Alarm
  • Equipment: None

Parking

  • Total Spaces: 4
  • Parking Features: Parking Lot

Location

  • County: Clayton
  • Driving Directions: gps

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Structural Information

  • # Buildings: 1
  • Detached/Attached: Detached
  • Exterior Const.: Brick 3 Sides
  • Basement: Yes
  • Basement Desc.: Finished
  • Roof: Other
  • Windows: None
  • Loading: None
  • Stories/Levels: Two
  • Square Feet: 1,201
  • Year Built: 1972
  • Property Condition: Resale

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Other
  • Lot Size (Acres): 0.2583
  • Lot Size Source: Other
  • Lot Dimensions: 150 x 75
  • Frontage: Other
  • Frontage Feet: 20
  • Street/Road Desc.: Asphalt
  • Lot Features: Other
  • Zoning: RG75
  • Rcmdd Zoning: Other (See Remarks)
  • Fencing (Description): None

Water Features

  • Docks: None

Financial Considerations

  • Tax Amount: $3,753
  • Tax Year: 2025
  • Terms: 1031 Exchange, Cash, Conventional, FHA, Other
  • Owner Pays: Taxes

Listed by Elated Real Estate Corporation

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 Sep 7 2026 10:2PM

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Listing agent

— 8423 Magnolia Dr —

  • Elated Real Estate Corporation

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 8423 Magnolia Dr

School District:Clayton County School District
NameGradesDistance
Lee Street Elementary School
178 Lee Street, Jonesboro, GA 30236
PK-50.9 mi
Jonesboro Middle School
1308 Arnold Street, Jonesboro, GA 30236
6-81.3 mi
Jonesboro High School
7728 Mount Zion Boulevard, Jonesboro, GA 30236
9-122 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 8423 Magnolia Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/07/2026
Listed
$1,325,000
1556.25%
MLS
8/23/2016
Sold
$80,000
—
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 8423 Magnolia Dr

Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,753
—
$98,000
-1%
2025
$3,753
76%
$99,360
81%
2024
$2,138
8%
$54,800
—
2023
$1,979
100%
$54,800
—
2022
-100%
$54,800
12%
2021
$1,931
—
$48,880
35%
2021
$1,931
67%
$36,334
27%
2018
$1,157
14%
$28,511
15%
2017
$1,011
-22%
$24,842
-22%
2019
$1,299
44%
$31,989
44%
2016
$902
2%
$22,155
18%
2015
$886
-3%
$18,832
-4%
2014
$914
79%
$19,538
50%
2013
$510
—
$12,995
—
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.

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Elated Real Estate Corporation

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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 Sep 7 2026 10:2PM

8423 Magnolia Drive, Jonesboro, GA 30238 (MLS# 7835995) is a Retail property. 8423 Magnolia Drive is currently listed for $1,325,000 and was received on September 07, 2026. Want to learn more about 8423 Magnolia Drive? Do you have questions about finding other Retail real estate for sale in Jonesboro? You can browse all Jonesboro real estate or contact a Coldwell Banker agent to request more information.

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