208 Doane St SW

Atlanta, GA 30315

$1,395,000
Price
10
Beds
7,840 Sq. Ft.
$178 / Sq. Ft.
7,840
Sq. Ft.
$178
per Sq. Ft.

Description

Atlanta Leasing & Investment is proud to present an outstanding opportunity to acquire a 10-unit property located just 5 minutes from Georgia State University and steps from the vibrant Summerhill neighborhood. This prime asset offers quick access to I-85, ensuring seamless connectivity to Downtown Atlanta. This property generates strong immediate cash flow, with recent rent increases by the current owner. Market rents in the area range from $1,400 to $1,800 per month, providing a solid income stream....Atlanta Leasing & Investment is proud to present an outstanding opportunity to acquire a 10-unit property located just 5 minutes from Georgia State University and steps from the vibrant Summerhill neighborhood. This prime asset offers quick access to I-85, ensuring seamless connectivity to Downtown Atlanta. This property generates strong immediate cash flow, with recent rent increases by the current owner. Market rents in the area range from $1,400 to $1,800 per month, providing a solid income stream. Additionally, the property presents a value-add opportunity — strategic unit updates upon turnover could further maximize rental income. The property underwent interior renovations estimated at $200K–$300K and exterior renovations estimated at $100K between 2017 and 2018. Currently operating at approximately a 7% cap rate, the property has the potential to reach 8% at market rents, making it an attractive and dependable investment with strong potential for appreciation and increased tenant demand. This is a rare chance to secure a high-performing asset in a rapidly growing market with excellent upside potential.
  1. Listed by Stephan Dickie • Atlanta Leasing & Investment

Property Details for 208 Doane Street Southwest

Subdivision Complex
NONE
Architectural Style
Other
Exterior
Other
Parking Features
Attached
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 12/18/2025 09:42 AM

Property Details for 208 Doane Street Southwest

StatusActive
MLS #7544001
Days on Market27
Taxes$13,839 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1955
Lot Size0.22 AC / 9,539 SF
CountyFulton County

Location

Listing Courtesy of Atlanta Leasing & Investment, Stephan Dickie
Add your commute

Building Information for 208 Doane Street Southwest

Stories1Year Built1955Building Size-Lot Size0.22 AC / 9,539 SF

Payment Calculator

$8,046 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,893

Property Taxes

$1,153

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 208 Doane Street Southwest

Summary
Location and General Information
  • Community Features: None
  • Directions: Turn left onto University Avenue SW (0.5 miles). Turn right onto Metropolitan Parkway SW (0.4 miles). Turn left onto Doane St SW. The destination will be on your right.
  • Lake Name: Other
  • View: Other
  • Coordinates: -84.394864, 33.730769
Taxes and HOA Information
  • Parcel Number: 14 007400020828
  • Tax Year: 2024
  • Master Association Fee: $.00
  • HOA Rent Restrictions: No
  • Association: No
  • Tax Legal Description: Said property is known as 208 Doane Street SW, Atlanta, GA 30315, according to the present system of numbering in the City of Atlanta, and being further identified as Parcel ID: 14 007400020828
School Information
  • Elementary School: Fulton - Other
  • High School: Maynard Jackson
  • Middle School: Sylvan Hills
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Appliances: Other
  • Basement: Crawl Space
  • Fireplace Features: None
  • # of Fireplaces: 0
  • Flooring: Other
  • Interior Features: Other
  • Levels/Stories: One
  • Other Equipment: None
  • Window Features: Wood Frames
  • Bedroom Features: Other
  • Diningroom Features: Other
  • Kitchen Features: Other
  • Master Bathroom Features: Other
  • Foundation: Slab
  • Main Bedrooms: 5
  • Total Half Baths: 0
  • Bathrooms Total Interger: 2
  • Main Full Baths: 1
  • Additional Rooms: Other
  • Bathrooms Total Decimal: 2.00
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick
  • Dock: None
  • Fencing: None
  • Horse Amenities: None
  • Patio And Porch Features: None
  • Pool Features: None
  • Road Surface Type: Concrete
  • Roof Type: Asbestos Shingle
  • Security Features: Carbon Monoxide Detector(s), Fire Alarm
  • Spa Features: None
  • Laundry Features: Other
  • Pool Private: No
  • Road Frontage Type: Other
  • Other Structures: None
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public
  • Electric: Other
Property and Assessments
  • FHA Condo Approval: No
  • Home Warranty: Yes
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: Water Heater
  • Green Energy Generation: None
Lot Information
  • SqFt Source: Builder
  • Square Footage: 7840.0
  • Common Walls: No Common Walls
  • Lot Features: Other
  • Acreage Source: Other
  • Lot Size Dimensions: 9540
  • Body Type: Other
  • Waterfront Footage: 0.0
Multi Family
Multi-Family Information
  • # Of Units In Community: 10
  • Number of Units To Be Built: 0
Income & Expenses Information
  • Swim/Tennis Fee Due: None
Rental
Rent Information
  • Land Lease: No
  • Occupant Types: Tenant

Property History for 208 Doane Street Southwest

DateEvent & SourcePriceAppreciation
May 27, 2010

Sold (Public Record)

Public Record #292743475

$90,000—
DateEvent & SourcePrice
05/27/2010

Sold (Public Record)

Public Record #292743475

$90,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 208 Doane Street Southwest

Taxable ValueLand$60,000Additions$402,760Total$462,760
Home Facts
Baths1Total Finished SqFt5,796 SqFtAbove Grade Finished SqFt5,796 SqFtStories1Lot Size9,540 SqFtStyleMulti-Family Res (5+ Units)Year Built1955Year Renovated2011ZoningR5CountyFULTONAPN14 007400020828

Schools near 208 Doane Street Southwest

This home is within Atlanta Public Schools.
Rating
School
Type
Grades
Distance
Dunbar Elementary School
Public - PK to 5
King Middle School
Public - 6 to 8
Maynard H. Jackson- Jr. High School
Public - 9 to 12
Neighborhood Charter School
Charter - K to 5
Rating
School
Distance
Dunbar Elementary School
PublicPK to 5

King Middle School
Public6 to 8

Maynard H. Jackson- Jr. High School
Public9 to 12

Neighborhood Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 208 Doane Street Southwest, Atlanta, GA 30315

208 Doane Street Southwest is a single family home for sale in Atlanta, GA 30315. This property was listed for sale on March 19, 2025 by Atlanta Leasing & Investment, it's currently listed at $1,395,000. It has been on the market for a total of 27 days and was last sold on May 27, 2010. This listing's school district is Atlanta Public Schools. Nearby schools include Dunbar Elementary School, King Middle School and Maynard H. Jackson- Jr. High School. 208 Doane Street Southwest is a 10-bed, 2-bath, 7,840 sqft single family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Atlanta Leasing & Investment, Stephan Dickie

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.