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$250,000
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Property Description
Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.
Full Property Details
Full Property Details for 1259 Pineglen Dr
General
- Price: $250,000
- Taxes: $1,898 (25)
- Status: Active
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10797099
- Updated: 7/1/2026
- Added to Site: 8 day(s) ago
Parking
- Parking Features: Parking Pad
Location
- County: Clayton
- Driving Directions: GPS
School Information
- Elementary School: Martin Luther King Jr
- Middle School: North Clayton
- High School: North Clayton
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Electricity Individual Meters, Individual Gas Meters, Sewer Connected, Individual Water Meters
Structural Information
- Construction Status: Updated/Remodeled
- Basement Desc.: Crawl Space
- Stories/Levels: One
- Year Built: 1967
Lot Features
- Lot Size (Acres): 0.31
- Lot Size Range: .31
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $1,898.05
- Tax Year: 25
Disclosures and Reports
- Special Conditions: Rental
Listing Courtesy of: O. Realty, LLC
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Schools
Schools serving 1259 Pineglen Dr
School District:Clayton County School District
| Name | Grades | Distance |
|---|---|---|
Martin Luther King- Jr. Elementary School, College Park, GA 5745 W Lees Mill Rd, College Park, GA 30349 | PK-5 | 1.1 mi |
North Clayton Middle School 5517 W Fayetteville Rd, College Park, GA 30349 | 6-8 | 1.2 mi |
North Clayton High School 1525 Norman Dr, College Park, GA 30349 | 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 1259 Pineglen Dr
Date
Details
Price
Change
Source
7/01/2026
Listed
$250,000
792.86%
MLS
2/26/2016
Sold
$28,000
—
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 1259 Pineglen Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,933
4%
$49,560
6%
2024
$1,851
17%
$46,560
6%
2023
$1,584
44%
$43,880
63%
2021
$1,101
-20%
$27,000
-21%
2022
$1,382
26%
$34,320
33%
2021
$1,101
24%
$25,892
23%
2018
$888
81%
$21,018
88%
2017
$491
-50%
$11,200
-52%
2019
$988
32%
$23,473
28%
2016
$748
14%
$18,384
12%
2015
$658
-7%
$16,456
-8%
2014
$710
10043%
$17,863
72%
2013
$7
—
$10,369
—
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 1259 Pineglen Dr
1259 Pineglen Drive, Riverdale, GA 30296 (MLS# 10797099) is a Multi-Family property with 1 unit containing 0 bedrooms and 0 full bathrooms. 1259 Pineglen Drive is currently listed for $250,000 and was received on July 01, 2026. Want to learn more about 1259 Pineglen Drive? Do you have questions about finding other Multi-Family real estate for sale in Riverdale? You can browse all Riverdale real estate or contact a Coldwell Banker agent to request more information.

