504 Morgan St NE

Atlanta, GA 30308

$1,395,000
Price
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Beds
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Baths
—Sq. Ft.
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Sq. Ft.
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per Sq. Ft.
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Description

Modern Intown Rental Asset | $10K–$13K Monthly Income | Flexible 2-Unit Configuration. This modern in-town property offers a rare opportunity to acquire a flexible residential asset with proven income potential in the hot and happening Old Fourth Ward neighborhood just steps from Ponce City Market, Eastside Betline Trail, Krog Market and so much more. The home has demonstrated solid rental performance of $10,500/month as a full-home (long-term) rental, with historical income above $13,000/month when...Modern Intown Rental Asset | $10K–$13K Monthly Income | Flexible 2-Unit Configuration. This modern in-town property offers a rare opportunity to acquire a flexible residential asset with proven income potential in the hot and happening Old Fourth Ward neighborhood just steps from Ponce City Market, Eastside Betline Trail, Krog Market and so much more. The home has demonstrated solid rental performance of $10,500/month as a full-home (long-term) rental, with historical income above $13,000/month when utilizing separate upper and lower living spaces. Originally built as a personal home, the residence was owner-occupied until mid 2023. It's easy to maintain & has very low expenses. Can be offered furnished as per the pictures. The layout includes a private-entry lower-level suite, allowing for: Dual rental configuration, Owner + Tenant, Mid-term or long-term rental strategies. With no HOA and fee-simple ownership, investors/owners benefit from maximum operational flexibility. This sophisticated three-level modern residence offers luxury living in the heart of Atlanta’s coveted Old Fourth Ward. The home combines architectural design, premium materials, and an unbeatable in-town location steps from Ponce City Market, Historic Fourth Ward Park, and the Atlanta BeltLine. Flooded with natural light, the home features contemporary aluminum windows throughout, highlighted by a dramatic 8-foot-wide by 16-foot-tall statement window in a double-height living space facing the street, beautifully framing a custom chandelier. Walnut hardwood flooring runs throughout, adding warmth and continuity to the clean modern design. The designer kitchen features natural maple veneer cabinetry with drawer-based base cabinets for optimal storage, a full-height marble backsplash, and a striking statement exhaust hood. The main-level primary suite provides exceptional convenience and privacy, complete with a walk-through dressing room with built-in closets. The European spa-inspired bath features floor-to-ceiling tile, a wet room with dual showers, a 72-inch whirlpool tub, and floating vanities. Step directly onto a private deck finished with durable composite decking and sleek metal railings. Upstairs, a junior suite with a private bath is joined by two additional bedrooms and another full bath. All enjoy shared access to a turfed second-level deck, prewired for an outdoor bar with sink and beverage cooler—perfect for entertaining. The ground level includes a rare two-car garage with EV connection and a separate lock-off 1BR/1BA in-law suite, ideal for guests, extended family, or rental flexibility. Completing the architectural composition is beautiful natural redwood tongue-and-groove accent siding, adding warmth and texture to the home’s modern exterior. Seize the opportunity to own a brand-new architectural home in one of Atlanta’s most vibrant neighborhoods.
  1. Listed by Farida Lalani • Virtual Properties Realty.Net, LLC. • 678-770-5790

Property Details for 504 Morgan Street Northeast

Subdivision Complex
None
Num Of Parking Spaces
2
Parking Features
Garage
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 05/15/2026 03:21 PM

Property Details for 504 Morgan Street Northeast

StatusActive
MLS #7752030
Days on Market42
Taxes$11,910 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Other
Year Built2016
Lot Size0.07 AC / 3,223 SF
CountyFulton County
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Location

Listing Courtesy of Virtual Properties Realty.Net, LLC., Farida Lalani
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Building Information for 504 Morgan Street Northeast

Stories3Residences2Year Built2016Building Size-Lot Size0.07 AC / 3,223 SF

Payment Calculator

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$7,944 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,951

Property Taxes

$993

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 504 Morgan Street Northeast

Summary
Location and General Information
  • Community Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Playground, Restaurant
  • Directions: Use Google Maps - 504 Morgan St Ne 30308
  • Lake Name: None
  • View: City
  • Coordinates: -84.370853, 33.769063
Taxes and HOA Information
  • Parcel Number: 14 004700031506
  • Tax Year: 2025
  • Association: No
  • Tax Legal Description: x
School Information
  • Elementary School: John Hope-Charles Walter Hill
  • High School: Midtown
  • Middle School: David T Howard
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Flooring: Hardwood, Tile
  • Levels/Stories: Three Or More
  • Window Features: Aluminum Frames
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: Accessible Bedroom, Accessible Closets, Accessible Doors, Accessible Entrance, Accessible Kitchen
  • Construction Materials: HardiPlank Type, Spray Foam Insulation, Wood Siding
  • Dock: None
  • Fencing: None
  • Roof Type: Composition
  • Security Features: Carbon Monoxide Detector(s)
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Underground Utilities,Water Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: Appliances, Thermostat, Water Heater
  • Green Energy Generation: None
Lot Information
  • Lot Features: Zero Lot Line
  • Acreage Source: Public Records
Multi Family
Multi-Family Information
  • Unit Count: 0
  • NUM OF UNITS: 2
Income & Expenses Information
  • Gross Annual Income: $156,000.00
  • N.O.I. $: $124,800.00
  • Annual Expenses: $31,200.00
Rental
Rent Information
  • Occupant Types: Vacant

Public Records for 504 Morgan Street Northeast

Taxable ValueLand$88,120Additions$318,280Total$406,400
Home Facts
Beds4Baths4.5Total Finished SqFt2,500 SqFtAbove Grade Finished SqFt2,500 SqFtStories2Lot Size3,223 SqFtStyleTownhouseYear Built2016ZoningR5CountyFULTONAPN14 004700031506Fireplace TypeHas Fireplace

Schools near 504 Morgan Street Northeast

This home is within Atlanta Public Schools.
Rating
School
Type
Grades
Distance
Hope Hill Elementary School
Public - PK to 5
David T Howard Middle School
Public - 6 to 8
Midtown High School
Public - 9 to 12
Kindezi Old 4th Ward
Charter - K to 8
Rating
School
Distance
Hope Hill Elementary School
PublicPK to 5

David T Howard Middle School
Public6 to 8

Midtown High School
Public9 to 12

Kindezi Old 4th Ward
CharterK to 8

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 504 Morgan Street Northeast, Atlanta, GA 30308

504 Morgan Street Northeast is a multi-family home for sale in Atlanta, GA 30308. This property was listed for sale on April 13, 2026 by Virtual Properties Realty.Net, LLC., it's currently listed at $1,395,000. This listing's school district is Atlanta Public Schools. Nearby schools include Hope Hill Elementary School, David T Howard Middle School and Midtown High School. 504 Morgan Street Northeast is a 0-bed, 0-bath, multi-family home built in 2016.

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 Virtual Properties Realty.Net, LLC., Farida Lalani

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.