85 Meldon Avenue

85 Meldon Avenue, Atlanta, GA 30315

For Sale
MLS Number 10626933
3 Bedrooms
2 Bathrooms
0 Half Baths
Square Footage - 1,232 *estimated
This offering presents a prime opportunity to acquire a stabilized, income-producing residential investment property located in the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totaling approximately 1,232 square feet, situated on a corner lot with a large, level backyard and convenient off-street parking. Originally utilized as a short-term rental (Airbnb), the property has since transitioned into a long-term tenancy, providing consistent monthly income and reduced management intensity. The current lease ensures immediate cash flow upon acquisition, making this an ideal turnkey investment for both new and seasoned investors. The residence was built in 1920 and extensively updated to meet modern living standards while maintaining its classic architectural character. Interior improvements include refinished hardwood flooring, a fully updated kitchen with white cabinetry and stainless-steel appliances, upgraded bathrooms, and high ceilings throughout. The exterior features low-maintenance vinyl siding and a welcoming front porch that enhances curb appeal. Strategically positioned near Downtown Atlanta, Mercedes-Benz Stadium, Hartsfield-Jackson International Airport, and the Pittsburgh Yards redevelopment, the property benefits from strong rental demand and long-term appreciation potential within this rapidly improving corridor.
County
Neighborhood
Year Built
1920
Lot Size
Less than .5 Acres
Taxes
$5,144
High School
Middle School
Elementary School
Appliances
Dishwasher
Architectural Style
Bungalow/Cottage
Association
No
Foundation
Slab
Construction Materials
Vinyl Siding
Cooling
Ceiling Fan(s),Central Air
Flooring
Hardwood,Tile
Heating
Central,Electric,Forced Air
Home Warranty
No
Interior Features
Double Vanity,High Ceilings,Master On Main Level,Tray Ceiling(s)
Kitchen Features
Breakfast Bar,Pantry
Laundry Features
Laundry Closet
Levels
One
Financing Available
Assumable,Cash,Conventional
Lot Features
Corner Lot,Level
Lot Size Estimated
0.149
Tax ID Number
14 005700050172
Parking Features
Parking Pad
Parking Total
3
Patio and Porch Features
Deck
Selling Status
Resale
Roof
Composition
Rooms
Foyer,Other
Security Features
Carbon Monoxide Detector(s),Smoke Detector(s)
Sewer Type
Public Sewer
Listing Conditions
Investor Owned
Total Finished Area
1,232
Utilities
Cable Available,Electricity Available,High Speed Internet,Sewer Available,Water Available
View
City
Water Source
Public
Window Features
Double Pane Windows
Master on the Main
Yes
Master on Main
Yes
85 Meldon Avenue - Map & Directions
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75/85 to University Ave, go East on University, South on Pryor, Left on Meldon Ave, road becomes one way so go around the block with a left on Benjamin Weldon, Right on Park Ave, Right on Murray, the driveway is on the right and street parking is available as well.
Summary of 85 Meldon Avenue
85 Meldon Avenue is a 1,232 (*estimated) square foot home with 3 bedrooms and 2 bathrooms located in Atlanta GA, Fulton County. This property is listed for sale at $355,000 and is currently active and accepting offers.
listed by real estate agent shantia whitfield and courtesy of coldwell banker realty
Lindsey Powell
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404-210-5742
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Our Financing Partner
Dalton Carter
Lender
Lic. 1566538
Office:
Direct: 678-425-4140
AP Mortgage
340 Jesse Jewell Parkway
Suite 500A
Gainesville, GA 30501
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