This is an excellent turnkey buy and hold SECTION 8 opportunity to generate $2600 per month in GUARANTEED income. Each unit will bring in $1300 per month. This solid brick home is setup like a duplex. Seller will complete renovations needed to make Section 8 ready for investor to collect rental income from day one. Comparable income-producing property in the neighborhood sold for $222,000. Cap rate for this gem is estimated at 13%. Sold as is, where is. Close with Chalker & Chalker as title is ready.
Multi-familyProperty Type
1960Year Built
9,347 sq ftLot Size
Listed by Gabriel Bettsack• Keller Williams Realty Atl North
Bought with Shakhan King• Mynd Property Management
Source:FMLS #6741806
Redfin Estimate
$218,584
$15K since sold in September 2020$23K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 60.2% higher than the average sale price ($136K) of 6 comparable homes.
This is an excellent turnkey buy and hold SECTION 8 opportunity to generate $2600 per month in GUARANTEED income. Each unit will bring in $1300 per month. This solid brick home is setup like a duplex. Seller will complete renovations needed to make Section 8 ready for investor to collect rental income from day one. Comparable income-producing property in the neighborhood sold for $222,000. Cap rate for this gem is estimated at 13%. Sold as is, where is. Close with Chalker & Chalker as title is ready.
FMLS #6741806
Sep 14, 2020
Sold
$203,507
Sep 10, 2020
Pending
—
Sep 10, 2020
Relisted
—
Sep 9, 2020
Listing Removed
—
Sep 3, 2020
Relisted
—
Sep 1, 2020
Listing Removed
—
Aug 28, 2020
Relisted
—
Aug 27, 2020
Listing Removed
—
Aug 13, 2020
Relisted
—
Aug 12, 2020
Listing Removed
—
Jul 29, 2020
Relisted
—
Jul 28, 2020
Listing Removed
—
Jun 23, 2020
Listed
$219,900
GAMLS #8777193
May 31, 2020
Sold
$118,000
May 4, 2020
Pending
—
Apr 28, 2020
Listed
$125,000
GREAT LOCATION. 4 SIDED BRICK HOME. RARE TO FIND RANCH WITH FINISHED BASEMENT. TWO HOUSES IN 1. MAIN LEVEL 2 BEDS 1 BATH KITCHEN, DINING, LIVING ROOM AND BASEMENT WITH 2 BEDS, 1 BATH, KITCHEN. SQ FEET IS ALMOST THE DOUBLE BECAUSE THE BASEMENT IS FINISHED. SOLD AS IS.
FMLS #6697441
May 29, 2020
Sold
$118,000
May 7, 2020
Pending
—
May 4, 2020
Contingent
—
May 4, 2020
Pending
—
Apr 28, 2020
Price Changed
$125,000
Mar 17, 2020
Listed
$130,000
Public Records
Nov 15, 2018
Sold
$50,000
FMLS #5074760
Feb 10, 2016
Price Changed
$9,200
Jun 3, 2015
Price Changed
$10,000
Dec 7, 2012
Listing Removed
—
Nov 30, 2012
Sold
$10,000
Nov 9, 2012
Pending
—
Nov 2, 2012
Pending
—
Oct 17, 2012
Listed
$9,200
GAMLS #7006157
Nov 14, 2013
Price Changed
$9,200
Nov 30, 2012
Sold
$10,000
Nov 9, 2012
Listing Removed
—
Nov 9, 2012
Price Changed
$10,000
Nov 5, 2012
Contingent
—
Oct 17, 2012
Listed
$9,200
Public Records
Aug 17, 1992
Sold
$465,000
Public Records
Jan 2, 1991
Sold
$52,700
Public Records
Apr 21, 1988
Sold
$43,400
Public Records
Jan 27, 1988
Sold
$28,000
Year
Property tax
Land + Additions
Assessment*
2025
$2,761 (−6.9%)
$18,640 + $48,840
$67,480
2024
$2,966
$17,840 + $54,600
$72,440
2023
$2,966 (+18.5%)
$17,840 + $54,600
$72,440
2022
$2,504 (+32.2%)
$13,760 + $48,120
$61,880
2021
$1,894 (+47.8%)
$14,200 + $32,560
$46,760
2020
$1,281 (+29.5%)
$7,760 + $23,520
$31,280
2019
$989 (+245.4%)
$5,440 + $18,640
$24,080
2018
$286 (−0.1%)
$5,440 + $18,640
$24,080
2017
$287 (−0.3%)
$2,000 + $4,920
$6,920
2016
$288 (−0.2%)
$1,920 + $4,720
$6,640
2015
$288 (−4.3%)
$1,920 + $4,720
$6,640
2014
$301 (+17.6%)
$1,920 + $4,720
$6,640
2012
$256 (+1,326.6%)
$1,680 + $4,080
$5,760
2011
$18 (−47.7%)
$1,680 + $4,080
$5,760
2010
$34 (−62.7%)
$11,400 + $19,200
$30,600
2009
$92
$11,400 + $19,200
$30,600
2008
$92
$11,400 + $19,200
$30,600
Tax history for 2875 3rd Ave SW
Year
Property tax
Land + Additions
Assessment*
2025
$2,761 (−6.9%)
$18,640 + $48,840
$67,480
2024
$2,966
$17,840 + $54,600
$72,440
2023
$2,966 (+18.5%)
$17,840 + $54,600
$72,440
2022
$2,504 (+32.2%)
$13,760 + $48,120
$61,880
2021
$1,894 (+47.8%)
$14,200 + $32,560
$46,760
2020
$1,281 (+29.5%)
$7,760 + $23,520
$31,280
2019
$989 (+245.4%)
$5,440 + $18,640
$24,080
2018
$286 (−0.1%)
$5,440 + $18,640
$24,080
2017
$287 (−0.3%)
$2,000 + $4,920
$6,920
2016
$288 (−0.2%)
$1,920 + $4,720
$6,640
2015
$288 (−4.3%)
$1,920 + $4,720
$6,640
2014
$301 (+17.6%)
$1,920 + $4,720
$6,640
2012
$256 (+1,326.6%)
$1,680 + $4,080
$5,760
2011
$18 (−47.7%)
$1,680 + $4,080
$5,760
2010
$34 (−62.7%)
$11,400 + $19,200
$30,600
2009
$92
$11,400 + $19,200
$30,600
2008
$92
$11,400 + $19,200
$30,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
9,350 Sq. Ft.
Year renovated
1995
Sq. Ft.
974
Year built
1960
Style
Single Family Residential
County
Fulton County
APN
14 009300031608
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
R-4
Single-Family Residential District
The intent of this chapter in establishing the R-4 Single-Family Residential District is as follows: To provide for the protection of existing single-family communities and the development of new communities on lots of medium size at a density of not more than 1 dwelling unit per 9,000 sq ft.; To provide for the development of recreational, educational and religious facilities as basic elements of a balanced community.
Permitted uses
Include but are not limited to:
Housing-Single unit
Educational / school
Feb 4, 2023 • Final
Residential misc. structural
Replace a driveway in-kind and install new heating and air conditioning units and porch railings.
Grading
HVAC
Jan 24, 2023 • Active
Residential misc. structural
Excavate and pour footings for a proposed detached accessory structure. The scope of work includes framing, roofing, sheetrock, painting, electrical, heating and air conditioning, plumbing, and a deck.
ADU
Electrical
HVAC
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Total Parking: 2
Parking Features: Driveway
Open Parking: Yes
Interior
Virtual Tour
Exterior
Property Information
Levels: One
Construction Materials: Brick 4 Sides
Roof: Composition
Property Condition: Resale
Lot Information
Waterfrontage Length: 0
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Cooling: Central Air
Heating: Central
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Available
Location
Unit 1 Information
# of Beds Total: 2
# of Baths Total: 1
Actual Rent: $1,300
Deposit Amount: $1,300
Occupant Information: Tenant Occupies
Features: Carpeting, Central Air, Refrigerator
Electric Included: No
Garbage Included: Yes
Gas Included: No
Water Included: No
Maintenance Included: No
Unit 2 Information
# of Beds Total: 2
# of Baths Total: 1
Actual Rent: $1,300
Deposit Amount: $1,300
Occupant Information: Tenant Occupies
Features: Carpeting, Central Air, Refrigerator
Electric Included: No
Garbage Included: Yes
Gas Included: No
Water Included: No
Maintenance Included: No
Multi-Family Information
# Of Units Total: 2
School Information
Elementary School: Emma Hutchinson
Middle Or Junior School: Crawford Long
High School: South Atlanta
Location Information
Directions: GPS-friendly
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 974
Stories: 1.0
Lot Size: 9,350 square feet
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1995
County: Fulton County
APN: 14 009300031608
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Hutchinson Elementary School
Public PreK-5 • Assigned • 0.5mi
3/10
Long Middle School
Public 6-8 • Assigned • 0.8mi
4/10
South Atlanta High School
Public 9-12 • Assigned • 2.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
6 days above 104° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Atlanta, GA • 30315
Average low and high temperatures (°F)
51
34
62
42
72
50
78
58
80
63
87
70
91
75
84
70
85
67
76
57
67
49
58
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
9.4 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$208,000 – $252,000
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