1917 Penelope Road NW
Atlanta, GA 30314
Map
- – beds
- – baths
- 9,374 sqft lot
- 1957 build
- – on site
Back on the Market — Appraised Above List Price!!! An incredible opportunity awaits in the rapidly revitalizing heart of West Atlanta. Welcome to 1917 Penelope Road — a spacious, four-sided brick residence that combines classic durability with investment versatility. This well-maintained home offers 6 generously sized bedrooms, 3 full bathrooms, and over 2,600 sq ft of finished living space — including a fully finished basement that opens the door to multi-generational living, rental income, or a creative house-hack setup. Structurally sound and move-in ready, this property is located in a high-demand rental zone and is Choice Housing Program (Section 8) eligible — delivering guaranteed rent and strong, ongoing tenant demand. ?? Rental Income Potential: • $2,900/month with owner-paid utilities • $2,700/month with tenant-paid utilities That’s up to $34,800 in gross annual rent from day one. Inside, the spacious floor plan offers room to grow or generate income, while the finished basement adds functional flexibility — perfect for extended family, a tenant suite, or even a rent-by-the-room model. Homes with this level of space, income potential, and affordability are increasingly rare in this fast-appreciating area. Whether you're a first-time investor, seasoned landlord, or buyer seeking long-term value with upside, 1917 Penelope Road presents an unmatched blend of immediate cash flow and future equity. ?? Don’t wait — schedule your private showing today and unlock the potential of this West Atlanta gem.
Last checked:
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Last updated Jul 19, 2025
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MLS# 7555690 —
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1957
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Construction Materials:Block
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# of Units Total:1
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Levels:One and One Half
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Roof:Asbestos Shingle
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Window Features:Window Treatments
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Security Features:None
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Accessibility Features:None
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Green Energy Efficient:None
Interior
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Furnished:Unfurnished
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Flooring:Ceramic Tile
Location
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Directions:GPS FRIENDLY -
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Latitude:33.754054
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Longitude:-84.450358
The Property
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Parcel Number:14 017300100158
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Property Type:Residential Income
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Property Type:Residential Income
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Property Subtype:Other
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Property Condition:Resale
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Lot Features:Other
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Lot Size Acres:0.2152
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Lot Size Dimensions:x
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Lot Size Source:Public Records
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View:City
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Fencing:Back Yard
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Waterfront Features:None
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Water Body Name:None
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (770) 841-7920
- Office phone:
- (770) 919-8825
Taxes
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Tax Year:2024
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Tax Annual Amount:4949
The Listing
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Virtual Tour URL Unbranded:https://idx.paradym.com/idx/1917-Penelope-Road-NW-Atlanta-GA-30314/4915940/prt/37
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/1917-Penelope-Road-NW-Atlanta-GA-30314/unbranded
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Home Warranty:false
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Special Circumstances:Sold As/Is
Heating & Cooling
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Cooling:Attic Fan
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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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Water Source:Public
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Green Energy Generation:None
Schools
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Elementary School:Woodson Park Academy
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Middle Or Junior School:Ralph Bunche
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High School:Frederick Douglass
The Community
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Subdivision Name:Penelope Neighbors
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Community Features:None
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Association:false
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Pool Private:false
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Dock:None
Parking
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Parking Features:Attached
Listing Provided Courtesy of Maximum One Greater Atlanta Realtors
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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).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’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).
