297 Burbank DR NW, Atlanta, GA 30314
297 Burbank DR NW, Atlanta, GA 30314
297 Burbank DR NW, Atlanta, GA 30314
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Deeana Owens

Deeana Owens

+1(678) 250-3471
$1,800,000
Est. payment /mo
0.65 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status New

Purchase Type For Sale

Subdivision Hunter Hills

MLS Listing ID 10817720

HOA Y/N No

Year Built 1963

Annual Tax Amount $15,000

Tax Year 2025

Lot Size 0.650 Acres

Acres 0.65

Lot Dimensions 28314

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

297 Burbank Dr NW offers a fully renovated, fully occupied ten-unit multifamily property positioned in one of Atlanta's most rapidly developing neighborhoods. The building includes six 1-bedroom, 1-bath units of approximately 500 square feet each and four 2-bedroom, 1-bath units of approximately 750 square feet. In 2021, the entire structure underwent a comprehensive renovation that included new framing, drywall, electrical, plumbing, HVAC systems, flooring, roof, and all appliances. Since completion, the property has been consistently and professionally maintained, providing a true turnkey investment with no deferred maintenance. Every unit is occupied with long-term, stable tenants, generating reliable cash flow. Current rents remain below market, offering clear upside potential for increases without requiring additional capital improvements. The strong tenant retention reflects both the quality of the renovation and the desirability of the location. The property sits in a prime in-town Atlanta corridor, minutes from Downtown, Georgia Tech, the Atlanta University Center, Mercedes-Benz Stadium, and major transportation routes including I-20 and I-75/85. It is also close to the Atlanta BeltLine and several neighborhood parks, adding to its appeal for residents seeking walkability and outdoor access. The surrounding area continues to experience significant redevelopment and investment, driving demand and long-term appreciation. This is an ideal moment to step into a stabilized, income-producing asset with built-in growth potential in one of Atlanta's most active development zones.

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement None

Interior

Heating Central, Electric

Cooling Central Air, Electric

Fireplace No

Laundry In Unit

Exterior

Parking Features Off Street, Parking Pad

Community Features None

Utilities Available Electricity Individual Meters, Sewer Connected

View Y/N No

Garage No

Private Pool No

Building

Faces Use GPS

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

New Construction No

Schools

Elementary Schools Hollis Innovation Academy

Middle Schools M R Hollis

High Schools Booker T Washington

Others

HOA Fee Include None

Tax ID 14 014200030346

Special Listing Condition Resale

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Deeana Owens

Deeana Owens

+1(678) 250-3471

Broker | Owner | CA BRE#CA: 02015510, GA: 295613

Broker | Owner CA BRE#CA: 02015510, GA: 295613

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