208 Doane St SW, Unit 10

Atlanta, GA 30315

$1,275,000
Price
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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 Co strategic unit updates upon turnover could further maximize rental income. The property underwent interior renovations estimated at $200KCo$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 • Stephan@atlantaleasing.com

Property Details for 208 Doane Street Southwest, Unit 10

Subdivision
NONE
Fees Include
None
Parking
Attached
LISTING UPDATED: 12/18/2025 01:06 AM

Property Details for 208 Doane Street Southwest, Unit 10

StatusActive
MLS #10482025
Days on Market7
Taxes$13,839 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family (5+ Units)
Year Built1955
Lot Size0.22 AC / 9,539 SF
CountyFulton County

Location

Listing Courtesy of Atlanta Leasing & Investment, Stephan Dickie
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Building Information for 208 Doane Street Southwest, Unit 10

Stories1Residences-Year Built1955Building Size-Lot Size0.22 AC / 9,539 SF

Payment Calculator

$7,453 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,300

Property Taxes

$1,153

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 208 Doane Street Southwest, Unit 10

Summary
Location and General Information
  • Elementary School: Other
  • High School: MH Jackson Jr
  • Middle School: Sylvan Hills
  • Amenities: 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.
Taxes and HOA
  • Association: No
  • Parcel Number: 14 007400020828
Owner
  • Owner Pays: Water
Parking
  • Parking Total: 0
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • Basement Description: Crawl Space
Property
Utilities
  • Cooling: Central Air
  • Green Energy Efficient: Water Heater
  • Heating Type: Central
  • Water/Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public
Property and Assessments
  • Tax Year: 2024
  • Construction: Brick
  • Stories: One
  • Property Condition: Resale
Lot Information
  • Structure: Multi Family (5+ Units)
  • Foundation Details: Slab
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
  • Fuel Expense: $.00
  • Annual Gross Income: $.00
  • Annual Operating Expense: $.00
  • Annual Maintenance Expense: $.00
  • Insurance Expense: $.00
  • Water Sewer Expense: $.00
  • Electric Expense: $.00

Schools near 208 Doane Street Southwest, Unit 10

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, Unit 10, Atlanta, GA 30315

208 Doane Street Southwest, Unit 10 is a multi-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 $1,275,000. 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, Unit 10 is a 0-bed, 0-bath, multi-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.