Atlanta Leasing & Investment is proud to present 208 Doane Street, a compelling multifamily investment opportunity located near Mercedes-Benz Stadium, Georgia State University, and a BeltLine entrance. The property sits within a rapidly evolving submarket poised for continued growth, particularly as Atlanta prepares to host FIFA World Cup matches. The surrounding area is anchored by several of the city’s most significant transformative developments, including Centennial Yards and the South Downtown Revitalization. In March 2025, the property experienced a building fire that impacted several interior units. Importantly, the structure remains intact, with the exterior largely unaffected and no material structural compromise. The property is zoned SPI-18 SA6 and, because the existing structure remains, it retains the ability to support 10 units, each configured as two-bedroom, one-bathroom apartments. As a result of the incident, the asset is now being offered as a value-add opportunity. The seller is open to a meaningful price reduction from the original list price, creating a compelling basis for investors seeking repositioning potential in a high-growth Atlanta submarket.
Active
Price cut: $710K (1/21)
$685,000
208 Doane St SW, Atlanta, GA 30315
10beds
7,840sqft
Est.:
Single Family Residence, Residential
Built in 1955
9,539.64 Square Feet Lot
$-- Zestimate®
$87/sqft
$-- HOA
What's special
- 346 days |
- 597 |
- 28 |
Zillow last checked: 8 hours ago
Listing updated: February 06, 2026 at 10:04am
Listing Provided by:
Stephan Dickie,
Atlanta Leasing & Investment 404-348-4448
Source: FMLS GA,MLS#: 7544001
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 5
Rooms
- Room types: Other
Primary bedroom
- Features: Other
- Level: Other
Bedroom
- Features: Other
Primary bathroom
- Features: Other
Dining room
- Features: Other
Kitchen
- Features: Other
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Other
- Laundry: Other
Features
- Other
- Flooring: Other
- Windows: Wood Frames
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 7,840
- Total interior livable area: 7,840 sqft
Video & virtual tour
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: Other, No Dock
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: Other
Lot
- Size: 9,539.64 Square Feet
- Features: Other
Details
- Additional structures: None
- Parcel number: 14 007400020828
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence, Residential
Materials
- Brick
- Foundation: Slab
- Roof: Asbestos Shingle
Condition
- Resale
- New construction: No
- Year built: 1955
Details
- Builder name: Quality Craftsmen, LLC
- Warranty included: Yes
Utilities & green energy
- Electric: Other
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Green energy
- Energy efficient items: Water Heater
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: Carbon Monoxide Detector(s), Fire Alarm
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Atlanta
Financial & listing details
- Price per square foot: $87/sqft
- Annual tax amount: $13,839
- Date on market: 3/19/2025
- Cumulative days on market: 94 days
- Ownership: Fee Simple
- Road surface type: Concrete
- Body type: Other
Estimated market value
Not available
Estimated sales range
Not available
$2,868/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2026 | Price change | $685,000-50.9%$87/sqft |
Source:  FMLS GA #7544001 Report a problem | ||
| 12/18/2025 | Listed for sale | $1,395,000$178/sqft |
Source: FMLS GA #7544001 Report a problem | ||
| 6/19/2025 | Pending sale | $1,395,000$178/sqft |
Source: FMLS GA #7544001 Report a problem | ||
| 3/19/2025 | Listed for sale | $1,395,000$178/sqft |
Source: FMLS GA #7544001 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/12/2018 | Listing removed | $950 |
Source: Owner Report a problem | ||
| 6/7/2018 | Listed for rent | $950 |
Source: Owner Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,647/mo
Principal & interest
$3156
Property taxes
$491
Climate risks
Neighborhood: Mechanicsville
Nearby schools
GreatSchools rating
- 5/10Dunbar Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10King Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Maynard H. Jackson- Jr. High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Middle: Sylvan Hills
- High: Maynard Jackson
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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