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Timothy Carithers

t.carithers@fidelishomepartners.com +1(706) 818-0813

$ 349,000

Est. payment -/mo

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Active

89 Ollie ST NW Atlanta, GA 30314

4,094 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Washington Park

MLS Listing ID 10766196

HOA Y/N No

Year Built 1930

Annual Tax Amount $3,854

Tax Year 2025

Lot Size 4,094 Sqft

Acres 0.094

Lot Dimensions 4094.64

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property Description

Prime coliving investment opportunity in Atlanta's rapidly developing Washington Park corridor! Fully vacant and ready for a new operator, this 10bedroom / 2bath duplex has historically generated $6,500-$6,900 per month under a previous coliving model, with area roomrental rates supporting $5,500-$7,500/mo in projected income depending on management strategy. Each level features its own private entrance, kitchen, and bath, creating two independent 5bedroom coliving zones ideal for PadSplitstyle operations, student housing, workforce housing, or transitional living. Located steps from Washington Park, the Westside BeltLine Trail, MARTA, and the AUC (Morehouse, Spelman, Clark Atlanta), this property attracts carfree tenants seeking affordable private rooms with unmatched access to transit, schools, and downtown employment centers. Investors will appreciate the strong rental demand, consistent occupancy history, and the ability to reposition the asset for higher NOI. The interior is functional and livable with basic updates, offering immediate income potential plus valueadd upside through cosmetic improvements, window upgrades, and layout optimization. The lower unit includes multiple private rooms with a stepdown entry; the upper unit offers larger bedrooms and a traditional layout. Both kitchens and baths are serviceable, and the property's configuration maximizes bedroom count for highyield coliving. This is a rare chance to acquire a fully vacant, highdensity income property in one of Atlanta's most active redevelopment zones. Whether you're an experienced coliving operator or an investor seeking strong cash flow in an appreciating neighborhood, 89 Ollie St NW delivers scale, location, and opportunity. Sold asis.

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement None

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Coin Laundry

Exterior

Parking Features None

Community Features None

Utilities Available Electricity Billing Prorated, Gas Billing Prorated, Other, Water Billing Prorated, Sewer Connected

View Y/N No

Garage No

Private Pool No

Building

Faces Use GPS for best results. Street parking only.

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Wood Siding,Other

New Construction No

Schools

Elementary Schools Jones

Middle Schools Herman J Russell

High Schools Douglass

Others

HOA Fee Include None

Tax ID 14 011500080849

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Fixer

Timothy Carithers

Agent | License ID: 404881

+1(706) 818-0813

Timothy Carithers

89 Ollie ST NW Atlanta, GA 30314

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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89 Ollie ST NW