This property offers a rare chance to own a fully occupied, high-end, cash-flowing coliving rental on the PadSplit platform. Launched in February 2024, the property has steadily leased up throughout the year and is now operating at full potential. Spanning nearly 3,000 sq ft, this recently renovated, energy-efficient home features high-quality finishes and thoughtful updates, making it an attractive option for tenants. In December 2024, the property generated over $9,000 in gross income, about $6,500 net after expenses! To learn more about PadSplit and how it maximizes returns for investors, Google PadSplit or contact the listing agent directly. Don't miss this opportunity to own a turnkey investment property with proven results!
Closed
$695,000
2483 Memorial Dr SE, Atlanta, GA 30317
7beds
2,886sqft
Single Family Residence, Residential
Built in 1937
5,662.8 Square Feet Lot
$730,900 Zestimate®
$241/sqft
$4,187 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 14, 2025 at 10:53pm
Listing Provided by:
Josh Stanton,
Keller Williams Realty Metro Atlanta 404-564-5560
Bought with:
Josh Stanton, 379772
Keller Williams Realty Metro Atlanta
Source: FMLS GA,MLS#: 7507272
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Features: Other
- Level: Other
Bedroom
- Features: Other
Primary bathroom
- Features: Other
Dining room
- Features: Open Concept, Separate Dining Room
Kitchen
- Features: Cabinets Stain, Stone Counters
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
- Laundry: Laundry Closet
Features
- High Ceilings 10 ft Main, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Ceramic Tile, Hardwood
- Windows: None
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,886
- Total interior livable area: 2,886 sqft
- Finished area above ground: 2,886
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Front Porch
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Back Yard,Wood
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
- Body of water: None
Lot
- Size: 5,662 sqft
- Dimensions: 44x11x100x98x55
- Features: Back Yard, Front Yard
Details
- Additional structures: None
- Parcel number: 15 181 05 015
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1937
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public, Other
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, 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: East Lake
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Paved
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
$730,900