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1908 Penelope Road NW, Atlanta
$325,000
10819875 MLS
Investors, take note: 1908 Penelope Rd NW is a well-positioned income property in one of Atlanta's high-demand Westside submarkets. This 1930-built, two-story home offers six bedrooms and two bathrooms, ideal for a room-by-room rental strategy, or lease the entire home to a single tenant or family for simpler management. Washer/dryer connections on both levels support flexible unit configurations, and hardwood floors, a fenced lot, and controlled access make the property easy to market and maintain. The location taps directly into strong, diverse renter demand. Sitting roughly 3 miles from the Atlanta University Center (Clark Atlanta University, Morehouse College, Spelman College, and Morehouse School of Medicine), this home has ready access to one of metro Atlanta's largest and steadiest tenant pools: students, faculty, and staff needing quality housing near campus. Commuter tenants will value being moments from I-20 and a 7-minute walk to the West Lake MARTA Station, with Hamilton E. Holmes, Ashby, Bankhead, and West End stations all close by, plus a 20-minute drive to Hartsfield-Jackson Atlanta International Airport - a natural draw for airline and travel-industry renters. Add in nearby shopping at Dixie Hills Plaza and Westview Plaza, recreation along the Atlanta BeltLine Southwest Connector Spur Trail and Cascade Springs Nature Preserve, and healthcare access via Grady Memorial Hospital and Emory University Hospital Midtown, and you have a location that supports long-term tenant retention. With room-by-room or whole-house rental flexibility and a location that checks every box for renters - transit, education, employment, and airport access - 1908 Penelope Rd is a compelling addition to any rental portfolio.

1908 Penelope Road NW, Atlanta
1908 Penelope Road NW, Atlanta
$325,000
6 Beds ⋅ 2 Baths ⋅ 10819803 MLS
Welcome home to 1908 Penelope Rd NW, a spacious six-bedroom, two-bath residence nestled in Atlanta's Dixie Hills/Penelope Neighbors community. Built in 1930 and full of character, this two-story home features hardwood floors on main level, a charming bay window, an eat-in kitchen, and the rare convenience of washer/dryer connections on both levels - perfect for multigenerational living, a home office setup, a guest suite, or simply extra room to grow. A fenced yard and private courtyard create an easy outdoor retreat, while controlled access and private parking add peace of mind. Location is everything, and this address delivers. Commuters will love being just off I-20 and only a 7-minute walk to the West Lake MARTA Station, with Hamilton E. Holmes, Ashby, Bankhead, and West End stations all a short drive away. Hartsfield-Jackson Atlanta International Airport is a convenient 20-minute drive, and downtown Atlanta is just minutes from your door. Students, faculty, and medical professionals will love being roughly 3 miles from the Atlanta University Center - Clark Atlanta University, Morehouse College, Spelman College, and Morehouse School of Medicine. Spend weekends exploring nearby green space at the West Atlanta Watershed Alliance, the Atlanta BeltLine Southwest Connector Spur Trail, or Cascade Springs Nature Preserve, or catch a family outing at the Georgia Aquarium, under 10 minutes away. Everyday errands are easy with Dixie Hills Plaza and Westview Plaza nearby, and Grady Memorial Hospital and Emory University Hospital Midtown are both within a 10-minute drive. Whether you're searching for a forever home with room for family, guests, and hobbies, or hoping to house-hack by living in one level while offsetting your mortgage with the other, 1908 Penelope Rd offers character, flexibility, and a location connected to everything Atlanta has to offer.

1908 Penelope Road NW, Atlanta
485 Mellon St, Columbus
$115,000
2 Beds ⋅ 2 Baths ⋅ 228319 MLS
Investors, seize this exceptional opportunity to add a prime duplex to your portfolio! This well-maintained property features two fully remodeled 1-bedroom, 1-bath units, perfect for generating consistent rental income. Each unit has been updated with fresh interior and exterior paint. Recent renovations include the removal of a dilapidated enclosed porch and tree removal, providing a clean, inviting exterior. Significant upgrades have been made to ensure long-term durability and efficiency. The building showcases new fascia, soffit, and trim, along with a brand new 25-year architectural shingle roof and stylish new front doors. Inside, modern LVP flooring, two newly added kitchenettes—each equipped with sinks—make these units highly functional for tenants. The bathrooms have been tastefully updated with new vanities, plumbing, and fixtures. Additional improvements include brand new electric hot water heaters with protective pans, ensuring peace of mind for you and your tenants. The front fence has been repaired, adding to the property's overall appeal and security. Every unit has been fitted with new fixtures and upgraded electrical outlets, including GFCIs for safety compliance. Financially, this duplex is a standout investment. Each unit can generate approximately $800 per month, yielding a total income of $1,600. When factoring in management fees, vacancies, property taxes, insurance, and maintenance costs, the estimated cap rate stands around 11%. This impressive cash flow potential makes it a smart addition to any real estate portfolio. Constructed of all block, this building is built to last, requiring no immediate updates or repairs. With its strategic location and strong rental demand, this duplex promises to be a reliable source of income for years to come.

485 Mellon St, Columbus

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