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  • Price$1,000,000
  • Acres0.10
  • Built2010

879 Parsons Street Sw, Atlanta

Offered at $1,000,000 with current CAP rate of 9.85 % and potential CAP rate of 11.35%!, this 14-unit property boasts a potential annual gross income of $159,600.00. 100% occupancy! It's a perfect 1031 exchange candidate, DSCR loan or even for a first time investment with a commercial conventional loan. Specifically built in 2010 for student housing, it includes Side A and Side B, each with 7 rooms, 6 bathrooms, and full kitchens, plus private bathrooms in 10 units. Key features include new HVAC, water heaters, keyless entry, and close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Units B2, B3, A1, A3 have shared bathrooms, the rest have their own private bathrooms. 2 shared kitchens & 2 shared laundry sets/areas per side. Do not miss this immediate strong cash flow.

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Essential Information

  • MLS® #10686695
  • Price$1,000,000
  • Bathrooms0.00
  • Acres0.10
  • Year Built2010
  • TypeResidential Income
  • StatusActive

Amenities

  • UtilitiesOther
  • Parking Spaces6
  • ParkingOff Street

Exterior

  • ConstructionBrick

Additional Information

  • Days on Market96

Community Information

  • Address879 Parsons Street Sw
  • SubdivisionMAP/STEUERWALD PROP RESUB CORR
  • CityAtlanta
  • CountyFulton
  • StateGA
  • Zip Code30314

Interior

  • HeatingCentral
  • CoolingCentral Air
  • StoriesTwo

School Information

  • ElementaryJones
  • MiddleHerman J. Russell
  • HighBooker T Washington

Listing Details

  • Listing Provided Courtesy Of Keller Williams Realty Buckhead

Price Change History for 879 Parsons Street Sw, Atlanta, GA (MLS® #10686695)

Date Details Price Change
Active (from New) – –
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Listing information last updated on May 13th, 2026 at 12:47pm CDT.