85 Meldon Ave SE
Description
in the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totaling
approximately 1,232 square feet, situated on a corner lot with a large, level backyard and convenient off-street parking. Originally utilized as a short-term rental (Airbnb), the property has since transitioned into a long-term tenancy, providing
consistent monthly...This offering presents a prime opportunity to acquire a stabilized, income-producing residential investment property located
in the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totaling
approximately 1,232 square feet, situated on a corner lot with a large, level backyard and convenient off-street parking. Originally utilized as a short-term rental (Airbnb), the property has since transitioned into a long-term tenancy, providing
consistent monthly income and reduced management intensity. The current lease ensures immediate cash flow upon
acquisition, making this an ideal turnkey investment for both new and seasoned investors. The residence was built in 1920 and extensively updated to meet modern living standards while
maintaining its classic architectural character. Interior improvements include refinished hardwood
flooring, a fully updated kitchen with white cabinetry and stainless-steel appliances, upgraded
bathrooms, and high ceilings throughout. The exterior features low-maintenance vinyl siding and a
welcoming front porch that enhances curb appeal. Strategically positioned near Downtown Atlanta, Mercedes-Benz Stadium, Hartsfield-Jackson
International Airport, and the Pittsburgh Yards redevelopment, the property benefits from strong
rental demand and long-term appreciation potential within this rapidly improving corridor.
- Listed by Shantia Whitfield • Coldwell Banker Realty • 770-993-9200
Property Details for 85 Meldon Avenue Southeast
Property Details for 85 Meldon Avenue Southeast
| Status | Active |
|---|---|
| MLS # | 7667135 |
| Days on Market | 71 |
| Taxes | $5,144 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1920 |
| Lot Size | 0.15 AC / 6,490 SF |
| County | Fulton County |
Location
Building Information for 85 Meldon Avenue Southeast
Payment Calculator
$1,936 per month
30 year fixed, 6.28% Interest
$1,507
$429
$0
Property Information for 85 Meldon Avenue Southeast
- Community Features: None
- Directions: 75/85 to University Ave, go East on University, South on Pryor, Left on Meldon Ave, road becomes one way so go around the block with a left on Benjamin Weldon, Right on Park Ave, Right on Murray, the driveway is on the right and street parking is available as well.
- Lake Name: None
- View: City
- Coordinates: -84.387277, 33.711354
- Parcel Number: 14 005700050172
- Tax Year: 2024
- Master Association Fee: $.00
- HOA Rent Restrictions: No
- Association: No
- Tax Legal Description: Lot 286
- Tax Lot: 286
- School Bus Route Elem: Yes
- School Bus Route High: Yes
- School Bus Route Middle: Yes
- Elementary School: Thomas Heathe Slater
- High School: G.W. Carver
- Middle School: Judson Price
- Cooling: Ceiling Fan(s), Central Air
- Heating: Central, Forced Air, Electric
- Appliances: Dishwasher, Electric Range
- Basement: None
- Fireplace Features: None
- # of Fireplaces: 0
- Flooring: Ceramic Tile, Hardwood
- Interior Features: High Ceilings 9 ft Main, Double Vanity, High Speed Internet, Entrance Foyer, Tray Ceiling(s)
- Levels/Stories: One
- Other Equipment: None
- Window Features: Insulated Windows
- Bedroom Features: Master on Main
- Diningroom Features: None
- Kitchen Features: Breakfast Bar, Cabinets White, Stone Counters, Pantry
- Master Bathroom Features: Double Vanity, Shower Only
- Foundation: Slab
- Main Bedrooms: 3
- Total Half Baths: 0
- Bathrooms Total Interger: 2
- Main Full Baths: 2
- Additional Rooms: Other
- Bathrooms Total Decimal: 2.00
- Accessibility Features: None
- Construction Materials: Frame, Vinyl Siding
- Fencing: None
- Horse Amenities: None
- Patio And Porch Features: Covered, Deck
- Pool Features: None
- Road Surface Type: Asphalt
- Roof Type: Composition
- Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
- Spa Features: None
- Laundry Features: Laundry Closet, Main Level
- Pool Private: No
- Road Frontage Type: City Street
- Other Structures: None
- Sewer: Public Sewer
- Utilities: Cable Available,Electricity Available,Sewer Available,Water Available
- Water Source: Public
- Electric: 110 Volts, 220 Volts
- Home Warranty: No
- Proposed Financing: Assumable, Cash, Conventional
- Plat Book: 64918
- Plat Page: 313
- Property Condition: Resale
- Possession: Close Of Escrow
- Green Energy Efficient: None
- Green Energy Generation: None
- Above Grade Finished Area: 1232.0
- SqFt Source: Public Records
- Square Footage: 1232.0
- Common Walls: No Common Walls
- Lot Features: Corner Lot, Back Yard, Level, Front Yard
- Acreage Source: Public Records
- Land Lease: No
- Occupant Types: Tenant
Property History for 85 Meldon Avenue Southeast
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Sep 2, 2021 | Sold (Public Record) Public Record #1472509240 | $275,000 | +132.7% / yr |
| May 7, 2020 | Sold (Public Record) Public Record #668074111 | $90,000 | +1089.7% / yr |
| Mar 20, 2020 | Sold (Public Record) Public Record #665923346 | $65,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 09/02/2021 | Sold (Public Record) Public Record #1472509240 | $275,000 +132.7% / yr |
| 05/07/2020 | Sold (Public Record) Public Record #668074111 | $90,000 +1089.7% / yr |
| 03/20/2020 | Sold (Public Record) Public Record #665923346 | $65,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 85 Meldon Avenue Southeast
Schools near 85 Meldon Avenue Southeast
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Slater Elementary School PublicPK to 5 | ||
Price Middle School Public6 to 8 | ||
Carver High School Public9 to 12 | ||
Early College High School At Carver Public9 to 12 |
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.
Similar Homes
Similar Sold Homes
Explore Nearby Homes
- Amal Heights Homes for Sale
- Benteen Park Homes for Sale
- Betmar LaVilla Homes for Sale
- Boulevard Heights Homes for Sale
- Capitol View Manor Homes for Sale
- Chosewood Park Homes for Sale
- Cluster-McDonough-Guice Homes for Sale
- Eastside Homes for Sale
- Englewood Manor Homes for Sale
- High Point Homes for Sale
- Joyland Homes for Sale
- Lakewood Heights Homes for Sale
- Mechanicsville Homes for Sale
- Peoplestown Homes for Sale
- Pittsburgh Homes for Sale
- Atlanta Homes for Sale
- Conley Homes for Sale
- College Park Homes for Sale
- Forest Park Homes for Sale
- Decatur Homes for Sale
- Morrow Homes for Sale
- Ellenwood Homes for Sale
- Avondale Estates Homes for Sale
- Scottdale Homes for Sale
- Union City Homes for Sale
- Riverdale Homes for Sale
- Red Oak Homes for Sale
- Brookhaven Homes for Sale
- Rex Homes for Sale
- Clarkston Homes for Sale
- 30354 Homes for Sale
- 30288 Homes for Sale
- 30310 Homes for Sale
- 30312 Homes for Sale
- 30316 Homes for Sale
- 30344 Homes for Sale
- 30303 Homes for Sale
- 30313 Homes for Sale
- 30334 Homes for Sale
- 30314 Homes for Sale
- 30307 Homes for Sale
- 30294 Homes for Sale
- 30337 Homes for Sale
- 30297 Homes for Sale
- 30317 Homes for Sale
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 Coldwell Banker Realty, Shantia Whitfield
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.
