
2794 7th ST SW Atlanta, GA 30315
8,903 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Slaton Marnor Condo
MLS Listing ID 7673043
Construction Status Resale
HOA Y/N No
Year Built 1932
Annual Tax Amount $2,938
Tax Year 2024
Lot Size 8,903 Sqft
Acres 0.2044
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
Currently generating $3,225 per month with qualified long-term tenants who have strong income and stable employment.
The property was upgraded approximately one year ago.
Unit A (Front Unit):
* Rent: $1,850/month
* Lease term under one year
* Tenant has excellent income, strong rental history, and earns over 3x the rent
* Tenant previously occupied the rear unit and transferred to the larger front unit in December 2025
Unit B (Rear Unit):
* Rent: $1,375/month total
* Tenant pays $687.50 bi-monthly
* Excellent prior rental history
* Tenant earns approximately 2.5x the rent
All tenants have been fully vetted and screened, with verified income and solid rental history.
Value-Add Opportunity
Seller proposed converting the basement into a 5-bedroom rooming house, producing approximately $2,500 per month($500 per room).
* Total projected gross monthly income after conversion: $5,725
* Seller has proposed drawings/layout for the basement rooming house
* Seller's contractor provided an estimated bid of $20,000 for basic mid-grade rental renovations
* Proposed layout includes one mini kitchen and two bathrooms
Location
State GA
County Fulton
Area Slaton Marnor Condo
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Tile, Vinyl, Wood
Window Features Double Pane Windows
Exterior
Parking Features None
Fence Back Yard
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Shingle,Tar/Gravel
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type HardiPlank Type,Wood Siding
Construction Status Resale
Schools
Elementary Schools Emma Hutchinson
Middle Schools Crawford Long
High Schools South Atlanta
Others
Senior Community no
Tax ID 14 009300020270
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Virtual Tour https://idx.paradym.com/idx/2794-7th-Street-SW-Atlanta-GA-30315/4946033/prt/37


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