JUST LISTED! RARE OPPORTUNITY IN THE AUC! LOW MAINTENANCE CASH FLOWING STUDENT HOUSING! TURNKEY OPERATION! 10% CAP RATE!!! 6 BEDROOMS W/ STUDENTS IN PLACE. COIN-OP WASHER/DRYER INCLUDED AND CAN BE TRANSFERRED. FENCED BACKYARD. NEW WIRING, PLUMBING, WINDOWS AND INSTALLATION. MINUTES FROM SPELMAN/MOREHOUSE/CLARK. WALKING DISTANCE TO MARTA TRAIN STATION, WALMART & RESTAURANTS. START EARNING INCOME IMMEDIATELY! DO NOT DISTURB TENANTS! PROPERTY CAN BE SHOWN DURING DD ONLY! OWNER PAYS ALL UTILITIES INCLUDING WIFI. THESE UNITS STAY OCCUPIED AND SELL QUICKLY. SERIOUS INQUIRIES ONLY! YOUR OPPORTUNITY IS KNOCKING! THIS WILL SELL QUICKLY! ****INTENTIONALLY HAVE ONE ROOM UNOCCUPIED FOR THE POTENTIAL OWNER/OCCUPANT! ***POTENTIAL PACKAGE DEAL AVAILABLE****
Multi-familyProperty Type
1930Year Built
4,133 sq ftLot Size
Listed by Camille Gonzales• Pro Realty, LLC
Bought with Akia Shaw• HomeSmart
Source:FMLS #7477457
Redfin Estimate
Unfortunately, we don't have enough data to generate an accurate Estimate at this time.
LOW MAINTENANCE CASH FLOWING STUDENT HOUSING IN THE HEART OF AUC! TURNKEY OPERATION! 9.71% CAP RATE!!! 6 BEDROOMS W/ STUDENTS IN PLACE. COIN-OP WASHER/DRYER INCLUDED. FENCED BACKYARD. NEW WIRING, PLUMBING, WINDOWS AND INSTALLATION. MINUTES FROM SPELMAN/MOREHOUSE/CLARK. TENANTS ON 1 YR LEASE TERM! WALKING DISTANCE FROM MARTA TRAIN STATION, WALMART & RESTAURANTS. START EARNING INCOME IMMEDIATELY! DO NOT DISTURB TENANTS! PROPERTY CAN BE SHOWN DURING DD ONLY! OWNER PAYS ALL UTILITIES INCLUDING WIFI. SERIOUS INQUIRIES ONLY!
FMLS #7477457
Dec 30, 2024
Sold
$350,000
Dec 17, 2024
Pending
—
Oct 31, 2024
Listed
$350,000
GAMLS #8562050
Jul 1, 2019
Listing Removed
—
Apr 12, 2019
Listed
$265,000
FMLS #3772619
Sep 4, 2008
Sold
$35,000
Aug 25, 2008
Listed
$34,900
Public Records
Jun 17, 2005
Sold
$185,000
Public Records
Apr 24, 1997
Sold
$69,000
Public Records
Mar 5, 1990
Sold
$22,400
Public Records
Feb 5, 1987
Sold
$35,000
Public Records
Aug 14, 1985
Sold
$13,500
Year
Property tax
Land + Additions
Assessment*
2026
$4,770 (+11.6%)
$32,800 + $83,800
$116,600
2025
$4,276
$33,600 + $70,920
$104,520
2024
$4,279
$33,600 + $70,920
$104,520
2023
$4,280 (+49.7%)
$33,600 + $70,920
$104,520
2022
$2,859 (+324.2%)
$22,120 + $48,520
$70,640
2021
$674 (−37.9%)
$22,120 + $48,520
$70,640
2020
$1,085 (−0.3%)
$22,120 + $48,520
$70,640
2019
$1,088 (+1.6%)
$10,520 + $15,960
$26,480
2018
$1,071 (+252.4%)
$10,520 + $15,960
$26,480
2017
$304 (−0.3%)
$10,280 + $15,600
$25,880
2016
$305 (−4.4%)
$2,200 + $4,840
$7,040
2014
$319 (−27.0%)
$2,200 + $4,840
$7,040
2012
$437 (−49.2%)
$2,200 + $4,840
$7,040
2011
$860 (−55.5%)
$4,320 + $5,520
$9,840
2010
$1,933 (−11.0%)
$5,400 + $46,080
$51,480
2009
$2,171
$13,440 + $44,400
$57,840
2008
$2,171
$13,440 + $44,400
$57,840
Tax history for 893 Parsons St SW
Year
Property tax
Land + Additions
Assessment*
2026
$4,770 (+11.6%)
$32,800 + $83,800
$116,600
2025
$4,276
$33,600 + $70,920
$104,520
2024
$4,279
$33,600 + $70,920
$104,520
2023
$4,280 (+49.7%)
$33,600 + $70,920
$104,520
2022
$2,859 (+324.2%)
$22,120 + $48,520
$70,640
2021
$674 (−37.9%)
$22,120 + $48,520
$70,640
2020
$1,085 (−0.3%)
$22,120 + $48,520
$70,640
2019
$1,088 (+1.6%)
$10,520 + $15,960
$26,480
2018
$1,071 (+252.4%)
$10,520 + $15,960
$26,480
2017
$304 (−0.3%)
$10,280 + $15,600
$25,880
2016
$305 (−4.4%)
$2,200 + $4,840
$7,040
2014
$319 (−27.0%)
$2,200 + $4,840
$7,040
2012
$437 (−49.2%)
$2,200 + $4,840
$7,040
2011
$860 (−55.5%)
$4,320 + $5,520
$9,840
2010
$1,933 (−11.0%)
$5,400 + $46,080
$51,480
2009
$2,171
$13,440 + $44,400
$57,840
2008
$2,171
$13,440 + $44,400
$57,840
*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
6
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
4,134 Sq. Ft.
Year renovated
1985
Sq. Ft.
1,586
Year built
1930
Style
Single Family Residential
County
Fulton County
APN
14 010900030123
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 11, 2026.
SPI-4 SA9
Special Public Interest AUC Village Low Density Residential District
The intent of the Council in establishing SPI-4 as a zoning district is as follows: Preserve, protect and foster the redevelopment of AUC and Ashview Heights through the integration of transportation and land use planning in a way that balances local, regional, and state economic benefits; Preserve and protect AUC and Ashview Heights's historic buildings and sites as recognized by the inclusion of several buildings on the National Register of Historic Places; Encourage the development of housing that provides a range of opportunities for citizens within the district; Encourage a compatible mixture of residential, commercial, industrial, cultural and recreational uses; Create an urban environment where people can live, work, meet and play; Promote pedestrian safety by providing for pleasant and convenient sidewalk level pedestrian circulation that minimizes impediments by vehicles; Encourage the use of MARTA and other public transit facilities and alternative transportation modes; Combine elements of stormwater mitigation and green infrastructure throughout the AUC and neighboring Atlanta Housing properties and the Castleberry Hill neighborhood to reduce runoff and improve water quality; and Enhance the efficient utilization of accessible and sufficient parking facilities in an unobtrusive manner, including encouraging shared parking and alternative modes of transportation.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Educational/school
Park & open space
Property details
Interior
Virtual Tour
Exterior
Property Information
Levels: One
Construction Materials: Frame
Roof: Composition, Ridge Vents
Property Condition: Resale
Lot Information
TaxLegalDescription: 999
Financial
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Cooling: Attic Fan, Ceiling Fan(s), Central Air
Heating: Forced Air, Natural Gas
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available
Location
Unit 1 Information
# of Beds Total: 1
# of Baths Total: 1
Actual Rent: $750
Deposit Amount: $550
Occupant Information: Tenant Occupies
Electric Included: Yes
Garbage Included: Yes
Gas Included: Yes
Water Included: Yes
Maintenance Included: Yes
Unit 2 Information
# of Beds Total: 1
# of Baths Total: 1
Actual Rent: $850
Deposit Amount: $650
Occupant Information: Tenant Occupies
Features: Central Air
Electric Included: Yes
Garbage Included: Yes
Gas Included: Yes
Water Included: Yes
Maintenance Included: Yes
Unit 3 Information
# of Beds Total: 1
Actual Rent: $750
Deposit Amount: $600
Occupant Information: Tenant Occupies
Electric Included: Yes
Garbage Included: Yes
Gas Included: Yes
Water Included: Yes
Maintenance Included: Yes
Unit 4 Information
# of Beds Total: 1
Occupant Information: Other
Electric Included: Yes
Garbage Included: Yes
Gas Included: Yes
Maintenance Included: Yes
Water Included: Yes
Unit 5 Information
# of Beds Total: 1
Actual Rent: $750
Deposit Amount: $550
Occupant Information: Tenant Occupies
Electric Included: Yes
Garbage Included: Yes
Gas Included: Yes
Maintenance Included: Yes
Water Included: Yes
Unit 6 Information
# of Beds Total: 1
Actual Rent: $750
Deposit Amount: $600
Occupant Information: Tenant Occupies
Electric Included: Yes
Garbage Included: Yes
Gas Included: Yes
Maintenance Included: Yes
Water Included: Yes
Multi-Family Information
# Of Units Total: 6
School Information
Elementary School: M. A. Jones
Middle Or Junior School: Herman J. Russell West End Academy
High School: Booker T. Washington
Location Information
Directions: TAKE MARTIN LUTHER KING HEADING EAST. RIGHT ON ASHBY STREET. RIGHT ON PARSONS STREET.
Community Information
Community Features: Near Schools, Near Shopping
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 1,586
Stories: 1.0
Lot Size: 4,134 square feet
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1985
County: Fulton County
APN: 14 010900030123
Home facts updated by county records on Nov 11, 2026
Around this home
Schools
K - 12
Preschool & daycare
M. A. Jones Elementary School
Public PreK-5 • Assigned • 0.3mi
2/10
Herman J. Russell West End Academy
Public 6-8 • Assigned • 1.2mi
5/10
Booker T. Washington High School
Public 9-12 • Assigned • 0.3mi
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 103° expected this year, 18 days in 30 years
4/10 Wind Factor
24% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Atlanta, GA • 30314
Average low and high temperatures (°F)
51
34
61
42
72
50
78
58
79
63
86
70
90
75
84
70
85
68
73
57
66
50
57
40
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
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