- 6 beds
- 3 baths
- – sqft
- 9,365 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 Jun 30, 2025
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MLS# 10541497 —
This home 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, Brick
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Architectural Style:Brick 4 Side, Ranch
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Structure Type:House
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Roof:Composition, Tar/Gravel
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Foundation Details:Block, Pillar/Post/Pier
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Levels:One
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Basement:Exterior Entry, Finished, Full
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Living Area Source:Appraiser
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Common Walls:No Common Walls
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Window Features:Window Treatments
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Patio And Porch Features:Deck, Patio
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Green Water Conservation:Low-Flow Fixtures
Interior
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Interior Features:Master On Main Level, Separate Shower, Tile Bath
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Kitchen Features:Breakfast Area, Breakfast Room
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Dining room Features:Seats 12+, Separate Room
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Flooring:Laminate, Vinyl
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Fireplace Features:Basement, Factory Built, Living Room
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Green Energy Efficient:Appliances, Roof, Water Heater
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Rooms:Bonus Room, Exercise Room, Family Room, Keeping Room, Media Room
Financial & Terms
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Home Warranty:No
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Possession:Close Of Escrow
Location
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Latitude:33.754039
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Longitude:-84.450388
The Property
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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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Exterior Features:Other
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Lot Features:Level
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Lot Size Acres:0.215
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Lot Size Source:Public Records
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Parcel Number:14 017300100158
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Leased Land:No
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Vegetation:Cleared
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View:City
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Fencing:Back Yard
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Waterfront Footage:No
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Accessibility Features:Other
Listing Agent
- Contact info:
- Agent phone:
- (770) 919-8825
- Office phone:
- (770) 919-8825
Taxes
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Tax Year:22
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Tax Annual Amount:$2,373
Beds
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Bedrooms:6
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Bed Main:4
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Bed Lower Level:2
Baths
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Full Baths:3
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Main Level Full Baths:2
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Lower Level Full Baths:1
Heating & Cooling
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Heating:Central, Electric, Natural Gas
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Cooling:Attic Fan, Ceiling Fan(s), Central Air
Utilities
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Utilities:Sewer Connected, Underground Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Gas Water Heater, Ice Maker, Oven/Range (Combo), Refrigerator
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Laundry Features:In Basement
Schools
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Elementary School:Woodson
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Elementary Bus:Yes
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Middle School:Other
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Middle School Bus:Yes
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High School:Douglass
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High School Bus:Yes
The Community
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Subdivision:Penelope Neighbor
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Community Features:Walk To Shopping
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Association:No
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Association Fee Includes:Trash
Parking
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Parking Features:Attached, Off Street
Extra Units
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Other Structures:Outbuilding
Monthly cost estimate

Asking price
$279,900
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. |
$1,498
|
Taxes | $197 |
Insurance | $76 |
Utilities | N/A |
Total | $1,771/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).
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/11/25
Jun 11, 2025
|
Listed / Active | GAMLS | $279,900 |