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538 Morgan Street NE
Atlanta, GA, 30308
$499,900
5 Beds
2 Baths
0 SqFt
0.15 Acres
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Opportunity awaits in Old Fourth Ward! This property offers incredible potential. Currently configured as a 3-bedroom, 1-bath home plus a terrace-level mother-in-law suite with its own private entrance. The deep lot, shaded by mature trees, provides a rare sense of privacy while being just steps from the Atlanta BeltLine, Ponce City Market, and all the restaurants, parks, and energy that make O4W one of the city’s most vibrant neighborhoods. Zoned R-5, the property allows for either a single-family home or a duplex—expanding your options for renovation or new construction. Whether you’re ready to renovate and reimagine the existing structure or bring your vision to life with a modern masterpiece, the lot size, layout, and zoning deliver unmatched versatility. Few properties offer this combination of location, flexibility, and potential. Don’t miss it!

Property Details

Price:
$499,900
MLS #:
7651612
Status:
Pending
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Old Fourth Ward
Listed Date:
Sep 23, 2025
Total Sq Ft:
1,428
Year Built:
1920
Old Fourth WardHope-hillDavid T HowardMidtownNone

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Schools

Elementary School:
Hope-Hill
Middle School:
David T Howard
High School:
Midtown

Interior

Appliances
Other
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
Ceiling Fan(s), Other
Fireplaces Total
1
Flooring
Carpet, Hardwood
Heating
Other
Laundry Features
Other

Exterior

Architectural Style
Other
Community Features
Curbs, Near Beltline, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Street Lights
Construction Materials
Brick 4 Sides
Exterior Features
Rear Stairs
Other Structures
None
Parking Features
Driveway
Roof
Composition
Security Features
None

Financial

Tax Year
2024
Taxes
$2,156

Map

Community

Subdivisions in Atlanta

Market Summary

Current real estate data for Single Family in Atlanta as of Nov 02, 2025
3,077
Single Family Listed
86
Avg DOM
328
Avg $ / SqFt
$762,249
Avg List Price

Property Summary

    Located in the Old Fourth Ward subdivision, 538 Morgan Street NE Atlanta GA is a Single Family for sale in Atlanta, GA, 30308. It is listed for $499,900 and features 5 beds, 2 baths, and has approximately 0 square feet of living space, and was originally constructed in 1920. The average price per square foot for Single Family listings in Atlanta is $328. The average listing price for Single Family in Atlanta is $762,249.

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