Back to Market Report Property

893 Magnolia Street NW, Atlanta, GA 30314

$900,000

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

Sold Price: $900,000
List Price: $950,000
Closing Date: Apr 30, 2026
MLS#: 10648133
Type: Multifamily
City: Atlanta
County: Fulton
Subdivision: Vine City
Year Built: 1970

Refine Search

Property Description

Investor Special in Prime Vine City - Cash Flow Day One Welcome to 893 Magnolia Street, a rare 5-unit multifamily opportunity in the heart of Vine City. Just steps from the AUC's HBCUs, MARTA, the BeltLine connector, Mercedes-Benz Stadium, and the massive wave of Westside redevelopment - this location is as "future-proof" as it gets. This property can be delivered fully leased and is producing strong income. Potential Income: * (4) units - 3BR/2BA at $2,400/month each * (1) unit - 2BR/2BA at $1,600/month Total monthly income: $11,200 Total annual income: $134,400 Whether you're building your portfolio, executing a 1031 exchange, or looking for a value-add play in a booming submarket, this one hits every metric: size, location, tenant demand, and cash flow from the jump. With the World Cup right around the corner, Now is the time to get into this area while you still can!

Search All Properties

Additional Information

Elementary School: Other
High School: Booker T Washington
Parking: Parking Pad
Basement Type: None
Stories: 2 Stories
Fees Include: None
Tax Year: 2025