1908 Bouldercrest Road SE
Atlanta, GA 30316
- 3 beds
- 2 baths
- ~1/2 acre lot
- 1949 build
- – on site
Go ask your agent if this is true: Do some properties offer both immediate equity creation AND substantial long-term appreciation potential? The answer here is "YES." In today's yield-starved market, finding properties with demonstrable equity potential becomes increasingly challenging. Yet here sits 1908 Bouldercrest Rd SE, an exceptional opportunity hiding in plain sight in one of East Atlanta's most rapidly appreciating neighborhood markets. What truly distinguishes this investment opportunity from others flooding your inbox? The fundamentals: a solid 3-bedroom, 2-bath configuration in a compact 1,344 square feet, sitting on an increasingly rare half-acre private wooded lot. All priced at a compelling $225,000 this represents the precise value-add opportunity sophisticated investors continuously seek but rarely find. Inside, this property requires the cosmetic updates that create your equity opportunity. While retail buyers might be deterred by the property's condition, experienced investors immediately recognize this as the sweet spot: needing enough work to create substantial value through strategic improvements, but not so much that timelines and budgets become unpredictable. This is about cosmetic transformation, not structural reconstruction. The floor plan delivers what rental markets consistently demand: three bedrooms, two bathrooms, and an efficient layout that maximizes livable space without wasted square footage. The ideal configuration for both family rentals and resale appeal ensures multiple viable exit strategies regardless of market shifts. But let's address what truly separates this property from comparable investment opportunities: the extraordinarily rare half-acre wooded lot. As East Atlanta continues its upward trajectory, private, wooded lots of this size become increasingly scarce and correspondingly valuable. This isn't just square footage. It's an appreciating asset within an appreciating asset, creating a compound growth opportunity rarely found at this price point. Positioned strategically in East Atlanta, this location combines established neighborhood stability with demonstrable appreciation trends. Recent comparable sales of renovated properties in similar condition have consistently exceeded $325,000, with premium properties breaking the $350,000 threshold. This creates substantial equity potential for investors with vision and execution capabilities.The investment thesis is compelling: acquisition at $225,000, estimated renovation between $50,000, and after-renovation value exceeding $325,000. This potentially creates $50,000 in forced equity through strategic improvements. Whether your strategy involves a quick renovation and resale, a long-term hold capitalizing on East Atlanta's continued appreciation, or a BRRRR approach, this property offers multiple viable exit strategies. This is the hallmark of a sound investment. Calculate your potential returns. Analyze the comparable sales. Then make your move quickly. Opportunities with this combination of price point, lot size, and upside are precisely what other investors are actively seeking in today's competitive market. Priced to bring immediate attention at $225,000; serious, investment-minded buyers only. Call your agent (or your financial advisor) today for a private tour and complete investment package.
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Checking…
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Last updated May 15, 2025
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MLS# 7551449 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1949
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Construction Materials:Wood Siding
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Building Area Source:Public Records
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Architectural Style:Bungalow
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Levels:One
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Foundation Details:None
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Roof:Composition
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Basement:Crawl Space
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Common Walls:No Common Walls
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Exterior Features:Other
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Window Features:None
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Security Features:Smoke Detector(s)
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Patio And Porch Features:Deck
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Accessibility Features:None
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Green Energy Efficient:None
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Building Area Total:1344
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Above Grade Finished Area:1344
Interior
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Interior Features:High Ceilings 9 ft Main
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Kitchen Features:Cabinets White, Other Surface Counters
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Dining Room Features:Separate Dining Room
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Flooring:Hardwood
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Other Equipment:None
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Laundry Features:Laundry Room
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Fireplace Features:None
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Room Type:Other
Location
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Directions:https://www.google.com/maps
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Latitude:33.701567
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Longitude:-84.325694
The Property
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Parcel Number:15 110 04 028
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Property Type:Residential Detached
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Resale
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Lot Features:Back Yard
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Lot Size Acres:0.6
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Lot Size Dimensions:x
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Lot Size Source:Public Records
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View:Neighborhood
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Fencing:Back Yard
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Horse Amenities:None
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Other Structures:Shed(s)
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Waterfront Features:None
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Water Body Name:None
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
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Property Attached:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (404) 538-5356
- Office phone:
- (404) 564-5560
Taxes
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Tax Year:2023
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Tax Annual Amount:1356
Beds
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Bedrooms Total:3
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Bedroom Features:Master on Main
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Main Level Bedrooms:3
Baths
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Total Baths:2
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Full Baths:2
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Master Bath Features:Tub/Shower Combo
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Main Level Baths:2
The Listing
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Home Warranty:false
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Special Listing Conditions:None
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Special Circumstances:None
Heating & Cooling
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Cooling:Ceiling Fan(s)
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Heating:Central
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
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Electric:110 Volts
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Water Source:Public
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Green Energy Generation:None
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Barack H. Obama
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Middle Or Junior School:McNair - Dekalb
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High School:McNair
The Community
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Subdivision Name:Hedgewood
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Community Features:Public Transportation
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Association:false
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Spa Features:None
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Pool Features:None
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Pool Private:false
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Assessment Due Contemplated:false
Parking
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Parking Total:2
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Parking Features:Driveway
Listing Provided Courtesy of Keller Williams Realty Metro Atlanta
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
Monthly cost estimate

Asking price
$225,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,204
|
Taxes | $113 |
Insurance | $61 |
Utilities | $171 See report |
Total | $1,549/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.