Investor Special with Buildable Lot - Rare Package Deal Opportunity! This property is available individually or as a package deal with the adjacent vacant MLS# 7573326 residential lot listed for $30k, which is buildable and zoned R4. Located in the rapidly developing Browns Mill neighborhood, this opportunity is surrounded by new construction homes selling in the $550,000-$600,000 range. The existing home offers incredible flexibility renovate it as a single-family home and potentially resell around $350,000, or keep it as a high-yield income-producing property. Previously used as a rooming house, the property featured nine bedrooms and generated approximately $75,000/year net income when fully leased. Ideal for a value-add investor, builder, or PadSplit operator looking to maximize returns with minimal land acquisition cost. Property is being sold as-is. No survey available for the lot. Don't miss the chance to secure two properties in one of Atlanta's fastest-growing areas!
Closed
$180,000
1889 Browns Mill Rd SE, Atlanta, GA 30315
8beds
1,948sqft
Single Family Residence, Residential
Built in 1945
9,104.04 Square Feet Lot
$210,300 Zestimate®
$92/sqft
$2,446 Estimated rent
Home value
$210,300
$164,000 - $259,000
$2,446/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 02, 2025 at 10:55pm
Listing Provided by:
Boston Henderson,
EXP Realty, LLC.
Bought with:
Raul Ramos, 363935
BHGRE Metro Brokers
Source: FMLS GA,MLS#: 7573326
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 4
Primary bedroom
- Features: Split Bedroom Plan
- Level: Split Bedroom Plan
Bedroom
- Features: Split Bedroom Plan
Primary bathroom
- Features: None
Dining room
- Features: None
Kitchen
- Features: None
Heating
- Other
Cooling
- None
Appliances
- Included: Other
- Laundry: None
Features
- Other
- Flooring: Hardwood
- Windows: None
- Basement: Finished,Full
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,948
- Total interior livable area: 1,948 sqft
- Finished area above ground: 1,148
- Finished area below ground: 800
Property
Parking
- Parking features: Drive Under Main Level
- Has attached garage: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 9,104 sqft
- Features: Back Yard
Details
- Additional structures: None
- Parcel number: 14 003900050266
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Concrete
Condition
- Fixer
- New construction: No
- Year built: 1945
Utilities & green energy
- Electric: 110 Volts, 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Underground Utilities, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & neighborhood
Security
- Security features: None
Community
- Community features: None
Location
- Region: Atlanta
- Subdivision: As Giometti & Assoc
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2025 | Sold | $180,000-16.3%$92/sqft |
Source:  FMLS GA #7573326 Report a problem | ||
| 5/15/2025 | Pending sale | $215,000+16.2%$110/sqft |
Source:  GAMLS #10514734 Report a problem | ||
| 5/5/2025 | Price change | $185,000-14%$95/sqft |
Source: FMLS GA #7573326 Report a problem | ||
| 5/5/2025 | Listed for sale | $215,000-4.4%$110/sqft |
Source: GAMLS #10514734 Report a problem | ||
| 3/19/2020 | Listing removed | $225,000$116/sqft |
Source: Keller Williams Rlty, First Atlanta #6619339 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,378 +28.3% | $82,520 |
| 2023 | $2,632 +1.6% | $82,520 +28.9% |
| 2022 | $2,592 +27.5% | $64,040 +30.9% |
Find assessor info on the county website
Neighborhood: Lakewood Heights
Nearby schools
GreatSchools rating
- 2/10Dobbs Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Long Middle SchoolGrades: 6-8Distance: 2.7 mi
- 2/10South Atlanta High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: John Wesley Dobbs
- Middle: Crawford Long
- High: South Atlanta
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$210,300
2% more+ $4,206
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$214,506