240 Wellington Street SW
Atlanta, GA 30314
- – beds
- – baths
- 13,068 sqft lot
- 1938 build
- – on site
Calling All Investors! Located in the sought-after Historic Mozley Park neighborhood, this spacious 1938 home sits on a .30-acre lot and is bursting with potential. Currently configured with 10 bedrooms and 3 bathrooms, this property has operated as a successful rent-per-room investment for the past 16 years. Originally a triplex (last used as such in 2009), each unit featured 3 bedrooms and 1 bathroom—making this an ideal candidate for conversion back to a multi-family setup with the proper zoning variance. Though in the historic Mozley Park area, this property is NOT located in a historic preservation zone, giving buyers more flexibility for renovations and development. The neighborhood has seen significant upward growth over the past 3 years, with beautifully renovated homes appearing daily—and its close proximity to the Atlanta BeltLine only adds to the appeal and long-term value. Whether you're looking to restore it as a grand single-family home, reconfigure it as a profitable triplex, or continue its use as a high-yield rental, this is an opportunity you don’t want to miss. Currently tenant-occupied, and ready for its next chapter with a little vision and TLC!
Last checked:
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Last updated May 23, 2025
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MLS# 7583915 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1938
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Construction Materials:Block
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Levels:Two
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Roof:Composition
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Window Features:Wood Frames
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Security Features:None
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Accessibility Features:None
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Green Energy Efficient:None
Location
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Directions:gps friendly
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Latitude:33.748637
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Longitude:-84.437993
The Property
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Parcel Number:14 014100090952
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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:Fixer
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Lot Features:Corner Lot
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Lot Size Acres:0.3
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Lot Size Source:Assessor
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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:
- (470) 718-1234
- Office phone:
- (470) 984-1234
Taxes
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Tax Year:2024
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Tax Annual Amount:6228
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Tax Lot:8
The Listing
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Home Warranty:false
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Special Listing Conditions:None
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Special Circumstances:Investor Owned
Heating & Cooling
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Cooling:Central Air
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Heating:Central
Utilities
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Utilities:Electricity 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:F.L. Stanton
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Middle Or Junior School:John Lewis Invictus Academy/Harper-Archer
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High School:Frederick Douglass
The Community
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Subdivision Name:none
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Community Features:None
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Association:false
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Pool Private:false
Parking
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Parking Features:None
Listing Provided Courtesy of Purser Realty, LLC
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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).
