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$725,000

638 Moreland Ave NE - Rare opportunity in the heart of the Old Fourth Ward. This 1920 brick bungalow sits on an exceptionally large 0.302-acre lot with NO HOA restrictions and immediate ADU potential, offering rare flexibility and long-term upside for owner-occupiers, investors, and corporate relocation clients. The seller is motivated and ready to consider strong offers - bring your pre-approval or proof of funds and be prepared to move quickly. Classic curb appeal meets practical, usable space inside and out. This home offers three bedrooms and one bath with original character intact and a flexible floor plan that's ideal for modernization or modest cosmetic updates. A partial encapsulated basement provides a clean, dry area perfect for conversion into a home office, workshop, gym, media room, or secure storage-an especially attractive feature for professionals working remotely or relocating employees who need immediate functional space. A detached garage and broad yard give you room for parking, projects, and outdoor living without the constraints of an HOA. The oversized lot-more than 13,000 square feet-sets this property apart from typical intown parcels. Build an accessory dwelling unit (ADU) for rental income or multi-generational living, expand outdoor entertaining areas, or create a landscaped oasis while remaining minutes from Atlanta's most desirable urban amenities. With no HOA, owners have exceptional latitude for improvement, rental, and usage options. Location is a major selling point. You'll be steps from the eclectic energy of Little Five Points and minutes to the Atlanta BeltLine, Ponce City Market, and the restaurants, shops, and entertainment that define modern Atlanta living. Proximity to major highways and transit options makes commuting easy for those working across the city, while the neighborhood's vibrant cultural scene appeals to transferees seeking a lively yet authentic Atlanta experience. This property is an excellent fit for corporate relocation programs, executives moving to the area, or families relocating who want immediate access to both urban amenities and private outdoor space. Down-payment assistance programs may be available due to the property's location; inquire for details to see if you qualify. Sellers request proof of funds or pre-approval with offers. Don't miss a rare chance to secure an intown lot with true development potential and immediate lifestyle benefits. Whether you're an investor seeking ADU income, a family wanting room to grow, or a corporate client relocating talent to Atlanta, 638 Moreland Ave NE offers a strategic blend of location, lot size, and flexibility. Schedule your private showing today and submit your strongest offer

3 Beds ⋅ 1 Baths ⋅ 10809331 MLS

638 Moreland Avenue NE, Atlanta

Listing courtesy of Coldwell Banker Realty.