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Suzy Paul

suzy@suzysellsga.com +1(706) 972-2818

$ 1,950,000

Est. payment | -/mo

16,878 SqFt

Save

$ 1,950,000

Est. payment | -/mo

Save

16,878 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 16,878 sqft

Price per Sqft $115

Subdivision No Subdivision

MLS Listing ID 10812460

HOA Y/N No

Year Built 1966

Annual Tax Amount $45,288

Tax Year 2025

Lot Size 1.231 Acres

Acres 1.231

Lot Dimensions 1.231

Property Sub-Type Commercial

Source Georgia MLS 2

Property Description

38 Fairburn Rd SW, Atlanta, GA 30331 - 20-Unit Multifamily Investment Opportunity. This 20-unit apartment community presents a compelling value-add opportunity in the Adamsville submarket of Southwest Atlanta. Built in 1966 and renovated in 1990, the property spans approximately 33,756 square feet on a 1.23-acre lot, with a uniform unit mix of 2-bedroom, 1-bathroom residences offering strong appeal to the area's steady rental demand. Priced at roughly $97,500 per unit and $58 per square foot, the asset offers an attractive basis for investors seeking to execute a renovation and repositioning strategy or add a stabilized asset to their portfolio. The property's consistent unit layout simplifies capital planning and rent-up execution across the entire building. Located minutes from downtown Atlanta with convenient access to major thoroughfares, the property benefits from proximity to employment centers, retail, and public transit, supporting long-term tenant demand. Southwest Atlanta continues to see renewed investor interest, driven by affordability relative to neighboring submarkets and ongoing infrastructure and development activity in the broader Atlanta metro. This is a rare opportunity to acquire a 20-unit asset at an accessible price point in a growing Atlanta submarket. Contact the listing agent for financials, due diligence materials, and showing instructions.

Location

State GA

County Fulton

Zoning RG2

Rooms

Bedroom Description No

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplace No

Exterior

Parking Features Parking Lot

Garage Spaces 1.0

Fence Fenced

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N No

Roof Type Other

Total Parking Spaces 1

Garage No

Private Pool No

Building

Lot Description Level

Faces I-20 W to Exit 51B (MLK Jr Dr W). West on MLK Jr Dr SW ~1 mi, turn left on Fairburn Rd SW. Property on the right.

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Tax ID 14 024300030476

Special Listing Condition Resale

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(706) 972-2818

suzy@suzysellsga.com

Ellijay, GA 30540, USA

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38 Fairburn RD SW Atlanta, GA 30331