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  • Price$499,484
  • Acres0.30
  • Built1938

240 Wellington Street Sw, Atlanta

Calling All Investors! Located in the sought-after Historic Mozley Park neighborhood, this spacious 1938 home sits on a .30-acre lot and is bursting with potential. Currently configured with 10 bedrooms and 3 bathrooms, this property has operated as a successful rent-per-room investment for the past 16 years. Originally a triplex (last used as such in 2009), each unit featured 3 bedrooms and 1 bathroom-making this an ideal candidate for conversion back to a multi-family setup with the proper zoning variance. Though in the historic Mozley Park area, this property is NOT located in a historic preservation zone, giving buyers more flexibility for renovations and development. The neighborhood has seen significant upward growth over the past 3 years, with beautifully renovated homes appearing daily-and its close proximity to the Atlanta BeltLine only adds to the appeal and long-term value. Whether you're looking to restore it as a grand single-family home, reconfigure it as a profitable triplex, or continue its use as a high-yield rental, this is an opportunity you don't want to miss. Currently tenant-occupied, and ready for its next chapter with a little vision and TLC!

Essential Information

  • MLS® #10527310
  • Price$499,484
  • Bathrooms0.00
  • Acres0.30
  • Year Built1938
  • TypeResidential Income
  • StatusActive

Amenities

  • UtilitiesOther
  • ParkingNone

Exterior

  • ConstructionBlock, Brick

Additional Information

  • Days on Market36

Community Information

  • Address240 Wellington Street Sw
  • Subdivisionnone
  • CityAtlanta
  • CountyFulton
  • StateGA
  • Zip Code30314

Interior

  • HeatingCentral
  • CoolingCentral Air
  • StoriesTwo

School Information

  • ElementaryF L Stanton
  • MiddleJ. L. Invictus Academy
  • HighDouglass

Listing Details

  • Listing Provided Courtesy Of Purser Realty

Price Change History for 240 Wellington Street Sw, Atlanta, GA (MLS® #10527310)

Date Details Price Change
Active
Price Change
Price Reduced (from $504,765) $499,484 $5,281 (1.05%)
Active (from New)
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Listing information last updated on June 30th, 2025 at 1:00am CDT.