Properties are currently positioned for rental income, with potential for future rezoning to commercial or mixed-use, subject to county approval. Located on a high-traffic corridor at the intersection of Mullinax Road and Fowler, this site offers excellent visibility and exposure for future development. Convenient to GA-400 and McFarland Parkway. No sign on property. Property Breakdown: Home 1 (corner lot): 3 bedrooms / 2.5 baths, approximately 1,720 sq ft, on just under 1 acre Home 2: 4 bedrooms / 1.5 baths, approximately 1,819 sq ft, full basement, on over 2 acres Home 3: 3 bedrooms / 2 full baths, approximately 1,225 sq ft Home 4: 2 bedrooms / 2.5 baths, approximately 1,474 sq ft, on 1.38 acres An ideal opportunity for investors seeking income today with future upside in a rapidly growing area.
Single-familyProperty Type
1970Year Built
6.03 acresLot Size
Listed by Dwight Roberts• Keller Williams Realty Community Partners
Contact: 678-341-7400
Bought with NON-MLS NMLS• Non FMLS Member
Source:FMLS #7694875
Redfin Estimate
$1,627,054
$173K since sold in March 2026$21K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 67.2% higher than the average sale price ($973K) of 6 comparable homes.
Exceptional investment opportunity offering both short- and long-term potential. This assemblage includes 4 income-producing homes situated on 5 lots, with one vacant lot, providing immediate revenue and future development flexibility. Most utilities are available. Properties are currently positioned for rental income, with potential for future rezoning to commercial or mixed-use, subject to county approval. Located on -traffic corridor at the intersection of Mullinax Road and Fowler, this site offers excellent visibility and exposure for future development. Convenient to GA-400 and McFarland Parkway. No sign on property. Property Breakdown: Home 1 (corner lot): 3 bedrooms / 2.5 baths, approximately 1,720 sq ft, on just under 1 acre Home 2: 4 bedrooms / 1.5 baths, approximately 1,819 sq ft, full basement, on over 2 acres Home 3: 3 bedrooms / 2 full baths, approximately 1,225 sq ft Home 4: 2 bedrooms / 2.5 baths, approximately 1,474 sq ft, on 1.38 acres An ideal opportunity for investors seeking income today with future upside in a rapidly growing area.
FMLS #5156575
Feb 25, 2016
Price Changed
$500,000
Jun 4, 2015
Price Changed
$503,300
Jul 21, 2014
Listing Removed
—
Jun 2, 2014
Pending
—
May 30, 2014
Sold
$503,300
Jun 10, 2013
Contingent
—
Jun 6, 2013
Listed
$500,000
5 +/- ACRES ON MULLINAX RD. ADJACENT TO 290 MULLINAX RD. LEVEL.
Home facts updated by county records on Aug 25, 2023
Around this home
Schools
Midway Elementary School
Public PreK-5 • Assigned • 1.1mi
9/10
DeSana Middle School
Public 6-8 • Assigned • 0.6mi
8/10
Denmark High School
Public 9-12 • Assigned • 0.8mi
10/10
Provided by GreatSchools
Local insights from Redfin agents
Alpharetta isn't one uniform market. Downtown and the Avalon area offer more access to restaurants, shopping and entertainment, while other parts of the city feel much more suburban. Buyers should think about the setting they want before narrowing...