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235 Walnut Street Nw, Atlanta, GA 30314

$650,000
  • 235 Walnut Street Nw, Atlanta, GA 30314 Main Photo

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Active
BEDS0 BATHS MLS#7742377
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONVine City SCHOOLM.R. Hollis Innovation Academy - Booker T. Washing

Property Description

235 Walnut is the kind of opportunity that rarely hits the market?an income-producing, strategically located property with both immediate cashflow and significant long-term development upside. Whether you're a new investor entering the market or a seasoned buyer expanding your portfolio, this asset checks every box.This renovated studio quadruplex already generates impressive returns through a diverse mix of Airbnb and long-term rental income, giving investors the flexibility to capitalize on multiple revenue streams. With the existing updates and strong occupancy potential, there is still room to push rents and further increase NOI.But the true value of 235 Walnut extends far beyond the current structure. The property sits on a highly desirable lot with the potential to develop 4?5 modern townhomes, allowing an investor to maximize returns through ground-up construction in a rapidly appreciating corridor. This dual-path investment?cashflow now, major upside later?makes the property a smart and strategic purchase.Location is another major advantage. 235 Walnut is positioned in the heart of Atlanta's most transformative growth zone, within the same vicinity as:Centennial Yards developmentThe Gulch redevelopmentGeorgia World Congress CenterMercedes-Benz StadiumThis area is experiencing billions in public and private investment, creating sustained demand for short-term rentals, long-term housing, and new construction. With Atlanta set to host international events such as the 2026 World Cup, properties in this district are poised to benefit from global tourism, increased rental demand, and rising property values.Adding to its appeal, the property sits on the edge of a newly renovated public park featuring water elements, green space, and kid-friendly amenities?a rare lifestyle advantage that enhances both rental desirability and future resale value.235 Walnut is more than a purchase?it's a strategic foothold in one of Atlanta's fastest-growing investment corridors. Strong cashflow, development potential, and unmatched proximity to major city projects make this a standout opportunity for any investor focused on long-term growth and high-yield returns.

235 Walnut Street Nw | MLS# 7742377

This multi-family property located at 235 Walnut Street Nw, Atlanta, GA 30314 is currently listed for sale with an asking price of $650,000. Walnut Street Nw is located within the M.R. Hollis Innovation Academy - Booker T. Washing school district. Search Atlanta real estate on www.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Heat Pump
Heating: Heat Pump
Lot Size: 0.13 Acres
Roof Type: Shingle
Taxes: $5,444
Year Built: 1955

Feature Descriptions

Days on Site: 21
Exterior: Brick
Lot: Corner Lot
Lot Dimensions: x
Neighborhood Amenities: Park
Parking Notes: Driveway, Varies by Unit
Sewer: Public Sewer
Special View Info: City, Park/Greenbelt
Units: 4
Utilities: Cable Available, Electricity Available
Water: Public
Waterfront Features: Pond

Local Schools

High School: Booker T. Washington
Middle School: M.R. Hollis Innovation Academy
Elementary School: M.R. Hollis Innovation Academy
School District: M.R. Hollis Innovation Academy - Booker T. Washing

Listed By / Shown By

Listed By

Agency Name: HomeSmart
Agency Phone: 404-876-4901

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: FMLS

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Estimated Payment

$ 2,089.87 per month $1,446.62 Principal & Interest $453.67 Property Tax $189.58 Homeowner's Insurance

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