Seize this rare chance to acquire a high-potential coliving investment property in one of Atlanta’s most dynamic rental markets! 482 Maynard Terrace SE is a single-story, 8-bedroom, 2-bathroom home with a large unfinished basement offering very healthy cash flow with massive additional potential if the basement were finished out. Currently tenant-occupied but underperforming, this property has the bones to become a premium co-living space catering to renters seeking affordability without sacrificing lifestyle. At peak performance, projections show gross rents exceeding $8,000 per month with net income potential over $4,000 per month and that’s before expanding into the basement to add additional rooms. With some strategic updates and repairs, this property could become one of the highest-grossing rentals in the area, drawing in residents who value both affordability and proximity to EAV’s buzzing social scene.
Listing Provided Courtesy of Keller Williams Realty Metro Atlanta
Property Details
Price:
$450,000
MLS #:
7541168
Status:
Active
Beds:
8
Baths:
2
Address:
482 Maynard Terrace SE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Glenwood Acres
City:
Atlanta
Listed Date:
Mar 14, 2025
State:
GA
Finished Sq Ft:
1,887
Total Sq Ft:
1,887
ZIP:
30316
Year Built:
1948
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Schools
Elementary School:
Burgess-Peterson
Middle School:
Martin L. King Jr.
High School:
Maynard Jackson
Interior
Appliances
Gas Range, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile, Hardwood
Heating
Central
Laundry Features
In Kitchen
Exterior
Architectural Style
Bungalow
Community Features
None
Construction Materials
Vinyl Siding
Exterior Features
Rain Gutters
Other Structures
None
Parking Features
Driveway, On Street
Parking Spots
2
Roof
Composition, Shingle
Security Features
Smoke Detector(s)
Financial
Tax Year
2024
Taxes
$1,215
Map
Community
- Address482 Maynard Terrace SE Atlanta GA
- SubdivisionGlenwood Acres
- CityAtlanta
- CountyDekalb – GA
- Zip Code30316
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482 Maynard Terrace SE
Atlanta, GA
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