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85 Meldon Avenue SE
Atlanta, GA, 30315
$355,000
3 Beds
2 Baths
0 SqFt
0.15 Acres
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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.

Property Details

Price:
$355,000
MLS #:
7667135
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
South Atlanta
Listed Date:
Oct 17, 2025
Total Sq Ft:
1,232
Year Built:
1920
South AtlantaThomas Heathe SlaterJudson PriceG.w. CarverNone

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Schools

Elementary School:
Thomas Heathe Slater
Middle School:
Judson Price
High School:
G.W. Carver

Interior

Appliances
Dishwasher, Electric Range
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air
Flooring
Ceramic Tile, Hardwood
Heating
Central, Forced Air, Electric
Laundry Features
Laundry Closet, Main Level

Exterior

Architectural Style
Bungalow
Community Features
None
Construction Materials
Frame, Vinyl Siding
Exterior Features
None
Other Structures
None
Parking Features
Parking Pad
Parking Spots
3
Roof
Composition
Security Features
Smoke Detector(s), Carbon Monoxide Detector(s)

Financial

Tax Year
2024
Taxes
$5,144

Map

Community

Subdivisions in Atlanta

Market Summary

Current real estate data for Single Family in Atlanta as of Nov 02, 2025
3,086
Single Family Listed
86
Avg DOM
328
Avg $ / SqFt
$761,342
Avg List Price

Property Summary

    Located in the South Atlanta subdivision, 85 Meldon Avenue SE Atlanta GA is a Single Family for sale in Atlanta, GA, 30315. It is listed for $355,000 and features 3 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 $761,342.

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