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  • Price$339,000
  • Acres0.20
  • Built1960

477 Fairlane Circle Nw, Atlanta

Exceptional turnkey investment opportunity with immediate cash flow! This proven income-producing asset is generating $3,600 per month with both units currently occupied by stable tenants. The property features a spacious 4-bedroom, 3-bath residence leased through the Atlanta Housing Authority at $2,000 per month and a 2-bedroom, 1-bath residence leased to a qualified tenant at $1,600 per month. Both tenants pay their own utilities, maximizing owner cash flow while minimizing operating expenses. Thoughtfully updated approximately one year ago, the property boasts new HVAC systems, new water heaters, beautifully updated kitchens, renovated bathrooms, and numerous additional improvements, providing peace of mind and significantly reducing future maintenance expenses. With its flexible layout, this property is ideally suited for a variety of investment strategies, including PadSplit housing, veteran housing, group home operations, or continued traditional long-term rentals (subject to applicable zoning and local regulations). Perfectly positioned just minutes from I-20, Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and major employment centers, the location offers exceptional convenience, strong tenant demand, and outstanding long-term appreciation potential. Whether you're adding to an established portfolio or securing your first income-producing property, this fully occupied, newly renovated property offers immediate cash flow, dependable rental income, and exceptional long-term investment potential.

Essential Information

  • MLS® #10794777
  • Price$339,000
  • Bathrooms0.00
  • Acres0.20
  • Year Built1960
  • TypeResidential Income
  • StatusActive

Amenities

  • UtilitiesUnderground Utilities
  • Parking Spaces4
  • ParkingParking Pad

Exterior

  • ConstructionBlock

Additional Information

  • Days on Market42

Community Information

  • Address477 Fairlane Circle Nw
  • SubdivisionNone
  • CityAtlanta
  • CountyFulton
  • StateGA
  • Zip Code30331

Interior

  • HeatingCentral
  • CoolingAttic Fan, Ceiling Fan(s), Central Air
  • StoriesTwo

School Information

  • ElementaryHarper Archer
  • MiddleHarper Archer
  • HighDouglass

Listing Details

  • Listing Provided Courtesy Of Coldwell Banker Realty

Price Change History for 477 Fairlane Circle Nw, Atlanta, GA (MLS® #10794777)

Date Details Price Change
Active (from New)
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Listing information last updated on August 13th, 2026 at 3:38am CDT.