This tenant-occupied 3-bedroom, 1-bathroom property presents an excellent investment opportunity, offering immediate, hassle-free rental income of $1,550 per month through the Atlanta Housing Authority. Recently updated with a modern kitchen and bathroom, this property is turnkey and ready to generate revenue from day one.Investors will appreciate the stability of a tenant in place, providing consistent rental income and a low-maintenance, worry-free investment.Situated in a convenient, growing neighborhood with easy access to major highways, this home is just minutes from downtown Atlanta, Mercedes-Benz Stadium, and the newly developed Halidom Eatery. This opportunity combines accessibility, long-term value, and strong rental potential. Don’t miss this solid, income-producing property - an ideal choice for investors seeking reliable cash flow and long-term growth in a rapidly developing areaa
Multi-familyProperty Type
1930Year Built
0.27 acresLot Size
4 spacesParking
Listed by Ayanna Wilson• Atlanta Communities
Contact: 562-644-9083
Bought with Ayanna Wilson• Atlanta Communities
Source:FMLS #7687482
Redfin Estimate
$186,644
$26K since sold in February 2026$50K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 23.3% higher than the average sale price ($151K) of 6 comparable homes.
This tenant-occupied 3-bedroom, 1-bathroom property presents an excellent investment opportunity, offering immediate, hassle-free rental income of $1,550 per month through the Atlanta Housing Authority. Recently updated with a modern kitchen and bathroom, this property is turnkey and ready to generate revenue from day one.Investors will appreciate the stability of a tenant in place, providing consistent rental income and a low-maintenance, worry-free investment.Situated in a convenient, growing neighborhood with easy access to major highways, this home is just minutes from downtown Atlanta, Mercedes-Benz Stadium, and the newly developed Halidom Eatery. This opportunity combines accessibility, long-term value, and strong rental potential. Don't miss this solid, income-producing property - an ideal choice for investors seeking reliable cash flow and long-term growth in a rapidly developing areaa
Public Records
Nov 19, 2021
Sold
$110,000
Public Records
Oct 28, 1999
Sold
$92,000
Public Records
Dec 27, 1996
Sold
$20,000
Year
Property tax
Land + Additions
Assessment*
2025
$3,683
$40,040 + $50,000
$90,040
2024
$3,686 (+49.7%)
$40,040 + $50,000
$90,040
2023
$2,462 (+1.2%)
$40,040 + $50,000
$90,040
2022
$2,433 (+13.4%)
$14,880 + $45,240
$60,120
2021
$2,145 (+25.9%)
$16,120 + $36,840
$52,960
2020
$1,704 (+27.4%)
$12,400 + $29,200
$41,600
2019
$1,338 (+323.0%)
$10,760 + $21,800
$32,560
2018
$316
$10,760 + $21,800
$32,560
2017
$316 (−0.2%)
$1,760 + $5,880
$7,640
2016
$317
$1,680 + $5,640
$7,320
2015
$317 (−4.2%)
$1,680 + $5,640
$7,320
2014
$331 (+15.0%)
$1,680 + $5,640
$7,320
2012
$288 (−58.0%)
$1,480 + $5,000
$6,480
2011
$686 (−35.2%)
$1,480 + $5,000
$6,480
2010
$1,058 (−22.3%)
$3,840 + $20,120
$23,960
2009
$1,362
$8,040 + $22,800
$30,840
2008
$1,362
$8,040 + $22,800
$30,840
Tax history for 627 Mcwilliams Rd SE
Year
Property tax
Land + Additions
Assessment*
2025
$3,683
$40,040 + $50,000
$90,040
2024
$3,686 (+49.7%)
$40,040 + $50,000
$90,040
2023
$2,462 (+1.2%)
$40,040 + $50,000
$90,040
2022
$2,433 (+13.4%)
$14,880 + $45,240
$60,120
2021
$2,145 (+25.9%)
$16,120 + $36,840
$52,960
2020
$1,704 (+27.4%)
$12,400 + $29,200
$41,600
2019
$1,338 (+323.0%)
$10,760 + $21,800
$32,560
2018
$316
$10,760 + $21,800
$32,560
2017
$316 (−0.2%)
$1,760 + $5,880
$7,640
2016
$317
$1,680 + $5,640
$7,320
2015
$317 (−4.2%)
$1,680 + $5,640
$7,320
2014
$331 (+15.0%)
$1,680 + $5,640
$7,320
2012
$288 (−58.0%)
$1,480 + $5,000
$6,480
2011
$686 (−35.2%)
$1,480 + $5,000
$6,480
2010
$1,058 (−22.3%)
$3,840 + $20,120
$23,960
2009
$1,362
$8,040 + $22,800
$30,840
2008
$1,362
$8,040 + $22,800
$30,840
*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
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
1970
Sq. Ft.
1,079
Year built
1930
Style
Single Family Residential
County
Fulton County
APN
14 0028 LL0034
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RG-2-C
Residential General - Sector 2 - Conditional Use District
To provide for a range of residential densities that are compatible with the surrounding residential environment, and with the comprehensive development plan.; To provide for supporting facilities, either as permitted uses and structures or as uses permissible by special permit.; To encourage maintenance and preservation of existing large dwellings by allowing conversion to two-family or multi-family use.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Student
Housing-Other
Educational/school
Property details
Parking
Parking Information
# of Total Parking: 4
Parking Features: Driveway
Open Parking: Yes
Interior
Virtual Tour
Interior Features
Window Features: Double Pane Windows
Flooring: Ceramic Tile
Exterior
Property Information
Levels: One
Construction Materials: Vinyl Siding
Roof: Composition
Fencing: Fenced
Property Condition: Resale
Lot Information
TaxLegalDescription: see documents
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Cooling: Central Air
Heating: Central
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Location
Unit 1 Information
# of Beds Total: 3
# of Baths Total: 1
Actual Rent: $1,550
Deposit Amount: $1,550
Occupant Information: Tenant Occupies
Features: Central Air, Patio, Range/Oven, Refrigerator, Wash/Dry Connect, Other
Electric Included: Yes
Garbage Included: Yes
Gas Included: Yes
Water Included: Yes
Maintenance Included: Yes
Multi-Family Information
# Of Units Total: 1
School Information
Elementary School: John Wesley Dobbs
Middle Or Junior School: Crawford Long
High School: South Atlanta
Location Information
Directions: GPS Friendly
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,079
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1970
County: Fulton County
APN: 14 0028 LL0034
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Dobbs Elementary School
Public PreK-5 • Assigned • 0.8mi
2/10
Long Middle School
Public 6-8 • Assigned • 2.1mi
4/10
South Atlanta High School
Public 9-12 • Assigned • 1.2mi
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
6/10 Heat Factor
7 days above 104° expected this year, 19 days in 30 years
5/10 Wind Factor
26% 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
92
75
84
70
84
68
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
$178,000 – $215,000
Sell confidently with a local market expert in Atlanta. 3 minutes to get started.