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879 Parsons Street SW
Atlanta GA 30314 US

$1,000,000

Active Listing ID 10686695
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Lot: 0.10 Acres
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Other

$1,000,000

Active Listing ID 10686695
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879 Parsons Street SW 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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Property Features

  • Facts
  • Lot Size: 0.10 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Heating Fuels: Central

School Information

  • School
  • Jones(Elementary)
  • Herman J. Russell(MiddleSchool)
  • Washington(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1000000
  • unparsedaddress: 879 Parsons Street SW
  • postalcity: Atlanta
  • stateorprovince: GA
  • country: US
  • postalcode: 30314
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1
  • lotsizeunits: Acres
  • lotsizearea: 0.1
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.75101
  • longitude: -84.41643
  • listagentfullname: Eve Hill
  • listagentemail: evehill@kw.com
  • listagentkey: 3yd-GAMLS-HILLEVE
  • listagentmlsid: HILLEVE
  • listagentpreferredphone: 4045518454
  • listagentofficephone: 4046043800
  • listofficekey: 3yd-GAMLS-KWBA01
  • listofficemlsid: KWBA01
  • disclaimer: Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GAMLS
  • yearbuilt: 2010
  • listingcontractdate: 2026-02-06
  • countyorparish: Fulton
  • parcelnumber: 14 010900030420
  • elementaryschool: Jones
  • highschool: Washington
  • cooling: Central Air
  • constructionmaterials: Brick
  • heating: Central
  • numberofunitstotal: 14
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 6
  • parkingfeatures: Off Street
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • rooms: Basement
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.41643, 33.75101
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Buckhead", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"evehill@kw.com", "ListBrokerageCity":"Atlanta", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw261@kw.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Buckhead", "ListBrokeragePhone":"(404) 604-3840", "ListBrokeragePostalCode":"30305", "ListBrokerageStateOrProvince":"GA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3650 Habersham Road NW", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"Habersham Road, NW 3650 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"KWBA01", "ListOfficeCity":"Atlanta", "ListOfficeCountry":"USA", "ListOfficeEmail":"klrw261@kw.com", "ListOfficePostalCode":"30305", "ListOfficeStateOrProvince":"GA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Atlanta, GA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/879-Parsons-St-SW_Atlanta_GA_30314_M51889-52304?f=listhub&s=GAMLS&m=10686695&c=rexren", "MLSModificationTimestamp":"2026-02-06 17:44:12", "Neighborhoods":[{"Description":null, "Name":"MAP/STEUERWALD PROP RESUB CORR"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":13366, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/6/2026 6:39:26 PM GMT
Source Updated Date: 2/14/2026 12:43:33 PM GMT

Courtesy of: Eve Hill, Keller Williams Realty Buckhead, evehill@kw.com

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.