Investor Special with Buildable Lot - Rare Package Deal Opportunity! This property is available individually or as a package deal with the adjacent vacant residential lot, 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!
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Street View
$179,999
1889 Browns Mill Rd SE, Atlanta, GA 30315
8beds
1,948sqft
Single Family Residence
Built in 1945
9,104.04 Square Feet Lot
$214,200 Zestimate®
$92/sqft
$2,591 Estimated rent
Home value
$214,200
$163,000 - $272,000
$2,591/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: May 28, 2025 at 10:19am
Listed by:
Boston Henderson (404) 680-5015,
eXp Realty
Bought with:
, 363935
BHGRE Metro Brokers
Source: GAMLS,MLS#: 10514734
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 4
Heating
- Other
Cooling
- None, Other
Appliances
- Included: Other
- Laundry: None
Features
- Split Bedroom Plan
- Flooring: Hardwood
- Basement: Finished,Full
- Has fireplace: No
- 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: Basement
- Has attached garage: Yes
Features
- Levels: One
- Stories: 1
- Body of water: None
Lot
- Size: 9,104 sqft
- Features: City Lot
Details
- Parcel number: 14 003900050266
- Special conditions: Investor Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow/Cottage
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Concrete
Condition
- Fixer
- New construction: No
- Year built: 1945
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Other, Underground Utilities, Water Available
Community & neighborhood
Community
- Community features: None
Location
- Region: Atlanta
- Subdivision: As Giometti & Assoc
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2025 | Sold | $179,999-16.3%$92/sqft |
Source:  GAMLS #10514734 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: Dobbs
- Middle: Long
- High: South Atlanta
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$214,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$214,200
- Georgia
- Fulton County
- Atlanta
- 30315
- Lakewood Heights
- 1889 Browns Mill Rd SE