297 Burbank DR NW, Atlanta, GA 30314
297 Burbank DR NW, Atlanta, GA 30314
297 Burbank DR NW, Atlanta, GA 30314
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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$ 1,800,000
Est. payment | /mo

0.65 Acres Lot


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$ 1,800,000
Est. payment | /mo
Save

0.65 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Hunter Hills

MLS Listing ID 7814781

Construction Status Resale

HOA Y/N No

Year Built 1963

Annual Tax Amount $15,645

Tax Year 2025

Lot Size 0.650 Acres

Acres 0.65

Property Sub-Type Other

Source First Multiple Listing Service

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

Area Hunter Hills

Lake Name None

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Ceramic Tile, Laminate

Window Features Double Pane Windows

Exterior

Parking Features Driveway

Fence Fenced

Community Features None

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View City, Creek/Stream

Roof Type Shingle

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Sloped

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Construction Status Resale

Schools

Elementary Schools M.R. Hollis Innovation Academy

Middle Schools M.R. Hollis Innovation Academy

High Schools Booker T. Washington

Others

Senior Community no

First Multiple Listing Service(FMLS)
Listed by Wynd Realty, LLC

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297 Burbank DR NW