862 Mitchell Street SW
Atlanta, GA 30314
Map
- – beds
- – baths
- 3,999 sqft lot
- 1920 build
- – on site
Multi-family property with a triplex-style layout – $489,000 (Firm) | $80K+ Instant Equity Just Minutes from Mercedes-Benz Stadium | Turnkey Atlanta Investment Opportunity Welcome to this fully permitted, fully renovated multifamily with a triplex-style layout in the heart of Atlanta! Whether you're an investor, house hacker, or FHA buyer, this property delivers strong cash flow potential and immediate equity. Property Highlights All permits approved, closing with stamped engineer drawings & city zoning approval 2,400+ sq ft – 3 spacious units $140,000 in Renovations – New HVAC, roof, electrical, plumbing, kitchens, baths Projected Gross Rent: $4,575/month+ Certified Appraisal: $580,000 Location: 5 minutes to Downtown Atlanta, close to public transit, schools, and entertainment ?? Unit Breakdown Unit A: $1,600/month – Section 8 tenant in place (24-hour notice required) Unit B: $1,475/month – New tenant moving in July Unit C: Finishing touches in progress – Eligible for FHA 203(k) Why This Property? $80K+ Equity from Day 1 Fully renovated and ready to generate income Ideal for House Hackers, Buy-and-Hold Investors, or FHA Buyers $10,000 Closing Cost Credit with full-price offer Don’t Miss Out Opportunities like this don’t last in 30314!
Last checked:
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Last updated Jul 7, 2025
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MLS# 7579097 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1920
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Construction Materials:Brick
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# of Units Total:3
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Levels:One
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Roof:Composition
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Window Features:None
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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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Flooring:Tile
Location
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Directions:GPS FRIENDLY
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Latitude:33.753259
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Longitude:-84.415817
The Property
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Parcel Number:14 010900010901
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Property Type:Residential Income
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Property Type:Residential Income
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Property Subtype:Triplex
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Property Condition:Resale
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Lot Features:Level
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Lot Size Acres:0.0918
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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:4384
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Tax Lot:78
The Listing
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Virtual Tour URL Unbranded:https://idx.paradym.com/idx/862-Mitchell-Street-SW-Atlanta-GA-30314/4921845/prt/37
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/862-Mitchell-Street-SW-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:M. A. Jones
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Middle Or Junior School:Herman J. Russell West End Academy
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High School:Booker T. Washington
The Community
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Subdivision Name:Owens/F>D Thurmond
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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:None
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).
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.
