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$325,000

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9,365 Sqft Lot

New

1908 Penelope RD NW Atlanta, GA 30314

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Sherry Ajluni

sherry@sherryteam.com +1(678) 283-1710

Open House

Sun Aug 09, 2:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status New

Purchase Type For Sale

Subdivision Andrews

MLS Listing ID 10819875

HOA Y/N No

Year Built 1945

Annual Tax Amount $3,017

Tax Year 2025

Lot Size 9,365 Sqft

Acres 0.215

Lot Dimensions 9365.4

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

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.

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement Finished, Full

Interior

Heating Baseboard, Electric

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Pad

Community Features None

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Faces Take I-20 West To Exit 53, MLK Dr. Turn Left on MLK Dr. Turn Right at next light, Anderson Ave. Then Left on Penelope Rd. Home is on the Left.

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

New Construction No

Schools

Elementary Schools Woodson

Middle Schools Harper Archer

High Schools Douglass

Others

HOA Fee Include None

Tax ID 14 017300100299

Special Listing Condition Resale

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Sherry Ajluni

Team Leader | License ID: 289349

+1(678) 283-1710

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1908 Penelope RD NW Atlanta, GA 30314

Sherry Ajluni

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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1908 Penelope RD NW

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