893 Parsons Street Southwest

Closed 12/30/24

Sold

Last Sold Price

$350,000

6 beds2 baths

893 Parsons St SW, Atlanta, GA 30314

Multi FamilyProperty Type

4,133 sq ftLot Size

1930Year Built

Description

Just listed! Rare opportunity in the auc! Low maintenance cash flowing student housing! Turnkey operation! 10% cap rate! 6 bedrooms w/ students in place. Coin-op washer/dryer included and can be transferred. Fenced backyard. New wiring, plumbing, windows and installation. Minutes from spelman/morehouse/clark. Walking distance to marta train station, walmart & restaurants. Start earning income immediately! Do not disturb tenants! Property can be shown during dd only! Owner pays all utilities including...Just listed! Rare opportunity in the auc! Low maintenance cash flowing student housing! Turnkey operation! 10% cap rate! 6 bedrooms w/ students in place. Coin-op washer/dryer included and can be transferred. Fenced backyard. New wiring, plumbing, windows and installation. Minutes from spelman/morehouse/clark. Walking distance to marta train station, walmart & restaurants. Start earning income immediately! Do not disturb tenants! Property can be shown during dd only! Owner pays all utilities including wifi. These units stay occupied and sell quickly. Serious inquiries only! Your opportunity is knocking! This will sell quickly! Intentionally have one room unoccupied for the potential owner/occupant! Potential package deal available

Listed by: Camille Gonzales • Pro Realty, LLC.

Listing closed: 12/30/2024 12:00 AM • Source: FMLS, MLS#: 7477457

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Location

Listing Courtesy of Pro Realty, LLC., Camille Gonzales

Sold By HomeSmart, Akia Shaw

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Payment Calculator

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$2,136 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,779

Property Taxes

$357

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 893 Parsons Street Southwest

Property Details

Taxes: $4,280 / year
MLS Type: Residential Income / Other
County: Fulton County
Subdivision Complex: Atlanta University Center
Parking Features: None
Property Attached: No
Waterfront Features: None

Building Information

Stories: 1
Residences: 6
Year Built: 1930
Lot Size: 0.09 AC / 4,133 SF

Summary

Location and General Information

Community Features: Near Schools, Near Shopping
Directions: TAKE MARTIN LUTHER KING HEADING EAST. RIGHT ON ASHBY STREET. RIGHT ON PARSONS STREET.

Lake Name: None
View: Other
Coordinates: -84.416821, 33.751009

Taxes and HOA Information

Parcel Number: 14 010900030123
Tax Year: 2023

Association: No
Block: 99
Tax Legal Description: 999
Tax Lot: 99

School Information

Elementary School: M. A. Jones
High School: Booker T. Washington

Middle School: Herman J. Russell West End Academy

Virtual Tour

Virtual Tour Link PP: https://www.propertypanorama.com/893-Parsons-Street-SW-Atlanta-GA-30314/unbranded

Agent

Payment and Rate

Concessions Amt: $10,500.00

Interior and Exterior Features

Interior Features

Cooling: Attic Fan, Ceiling Fan(s), Central Air
Heating: Forced Air, Natural Gas

Basement: Crawl Space
Levels/Stories: One
Window Features: None
Bathrooms Total Interger: 0

Exterior Features

Accessibility Features: None
Construction Materials: Frame

Dock: None
Fencing: None
Roof Type: Composition, Ridge Vents
Security Features: None
Pool Private: No

Property

Utilities

Sewer: Public Sewer
Utilities: Cable Available

Water Source: Public

Property and Assessments

Home Warranty: No
Proposed Financing: Cash, Conventional, VA Loan

Plat Book: 99
Plat Page: 99
Property Condition: Resale
Possession: Close Of Escrow

Green Features

Green Energy Efficient: None
Green Energy Generation: None

Lot Information

Section/GMD: 99
Land lot: 99

Lot Features: Level, Private
Acreage Source: Public Records

Multi Family

Multi-Family Information

Unit Count: 6
NUM OF UNITS: 6

Unit 1

Unit Deposit Amount: $550.00
Unit Electric Included: Yes

Unit Features: None
Unit Garbage Included: Yes
Unit Gas Included: Yes
Unit Half Baths: 0
Unit Maintenance Included: Yes
Unit Occupant: Tenant Occupies
Unit Water Included: Yes
Unit Rent Amount: $750.00
Unit Full Baths: 1
Unit Bedrooms: 1

Unit 2

Unit Deposit Amount: $650.00
Unit Electric Included: Yes

Unit Features: Central Air
Unit Garbage Included: Yes
Unit Gas Included: Yes
Unit Half Baths: 0
Unit Maintenance Included: Yes
Unit Occupant: Tenant Occupies
Unit Water Included: Yes
Unit Rent Amount: $850.00
Unit Full Baths: 1
Unit Bedrooms: 1

Unit 3

Unit Deposit Amount: $600.00
Unit Electric Included: Yes

Unit Features: None
Unit Garbage Included: Yes
Unit Gas Included: Yes
Unit Half Baths: 0
Unit Maintenance Included: Yes
Unit Occupant: Tenant Occupies
Unit Water Included: Yes
Unit Rent Amount: $750.00
Unit Full Baths: 0
Unit Bedrooms: 1

Unit 4

Unit Deposit Amount: $.00
Unit Electric Included: Yes

Unit Features: None
Unit Garbage Included: Yes
Unit Gas Included: Yes
Unit Half Baths: 0
Unit Maintenance Included: Yes
Unit Occupant: Other
Unit Water Included: Yes
Unit Rent Amount: $.00
Unit Full Baths: 0
Unit Bedrooms: 1

Unit 5

Unit Deposit Amount: $550.00
Unit Electric Included: Yes

Unit Features: None
Unit Garbage Included: Yes
Unit Gas Included: Yes
Unit Half Baths: 0
Unit Maintenance Included: Yes
Unit Occupant: Tenant Occupies
Unit Water Included: Yes
Unit Rent Amount: $750.00
Unit Full Baths: 0
Unit Bedrooms: 1

Unit 6

Unit Deposit Amount: $600.00
Unit Electric Included: Yes

Unit Features: None
Unit Garbage Included: Yes
Unit Gas Included: Yes
Unit Half Baths: 0
Unit Maintenance Included: Yes
Unit Occupant: Tenant Occupies
Unit Water Included: Yes
Unit Rent Amount: $750.00
Unit Full Baths: 0
Unit Bedrooms: 1

Rental

Rent Information

Terms: Conventional
Occupant Types: Tenant

Property History for 893 Parsons Street Southwest

Date	Event & Source	Price	Appreciation
Dec 30, 2024	Sold (Public Record) Public Record #1549631575	$350,000	+6.7% / yr
Aug 5, 2008	Sold (Public Record) Public Record #254377112	$121,500	-12.5% / yr
Jun 14, 2005	Sold (Public Record) Public Record #308415154	$185,000	—

Date	Event & Source	Price
12/30/2024	Sold (Public Record) Public Record #1549631575	$350,000 +6.7% / yr
08/05/2008	Sold (Public Record) Public Record #254377112	$121,500 -12.5% / yr
06/14/2005	Sold (Public Record) Public Record #308415154	$185,000

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

Public Records for 893 Parsons Street Southwest

Taxable ValueLand$33,600Additions$70,920Total$104,520

Home Facts

Beds6Baths2Total Finished SqFt1,586 SqFtAbove Grade Finished SqFt1,586 SqFtStories1Lot Size4,095 SqFtStyleSingle Family ResidenceYear Built1930Year Renovated1985ZoningR5CountyFULTONAPN14 010900030123

Schools near 893 Parsons Street Southwest

This home is within Atlanta Public Schools.


Rating	School	Type	Grades	Distance
2/10	M. A. Jones Elementary School	Public - Serves this home	PK to 5	0.3 mi
5/10	Herman J. Russell West End Academy	Public - Serves this home	6 to 8	1.2 mi
2/10	Booker T. Washington High School	Public - Serves this home	9 to 12	0.3 mi
5/10	KIPP Soul Academy	Charter - Choice school	6 to 8	5.5 mi
6/10	KIPP Soul Primary	Charter - Choice school	K to 5	5.5 mi
9/10	Charles R. Drew Charter School	Charter - Choice school	PK to 5	5.9 mi
NR	The Life School of Atlanta	Private - Nearby school	9 to 12	0.8 mi


Rating	School	Distance
2/10	M. A. Jones Elementary School PublicPK to 5 Serves this home	0.3 mi
5/10	Herman J. Russell West End Academy Public6 to 8 Serves this home	1.2 mi
2/10	Booker T. Washington High School Public9 to 12 Serves this home	0.3 mi
5/10	KIPP Soul Academy Charter6 to 8 Choice school	5.5 mi
6/10	KIPP Soul Primary CharterK to 5 Choice school	5.5 mi
9/10	Charles R. Drew Charter School CharterPK to 5 Choice school	5.9 mi
NR	The Life School of Atlanta Private9 to 12 Nearby school	0.8 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 893 Parsons Street Southwest, Atlanta, GA 30314	$350,000	6	2	–	4,133
889 Parsons Street Southwest, Atlanta, GA 30314	$200,000	3	1	1,925	4,008
897 Parsons Street Southwest, Atlanta, GA 30314	$446,200	14	2	–	4,408
127 Ozone Street Southwest, Atlanta, GA 30314	–	3	2	1,587	4,661
123 Ozone Street Southwest, Atlanta, GA 30314	$25,000	4	1	1,711	13,939
138 Joseph E. Lowery Boulevard Northwest, Atlanta, GA 30314	$54,900	4	2	2,888	4,356
875 Parsons Street Southwest, Atlanta, GA 30314	$300,000	6	5	2,768	4,369
134 Joseph E Lowery Boulevard Southwest, Atlanta, GA 30314	$161,000	–	–	2,416	4,966
886 Parsons Street Southwest, Atlanta, GA 30314	–	10	4	4,725	4,792
130 Joseph E Lowery Boulevard Southwest, Atlanta, GA 30314	–	3	3	1,170	4,966
126 Joseph E. Lowery Boulevard Northwest, Atlanta, GA 30314	$47,500	11	3	2,977	4,966
876 Parsons Street Southwest, Atlanta, GA 30314	$340,000	5	2	1,996	6,534
871 Parsons Street Southwest, Atlanta, GA 30314	$225,000	5	2	2,150	4,225
124 Ozone Street Southwest, Atlanta, GA 30314	$59,900	–	–	–	4,874

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pro Realty, LLC., Camille Gonzales

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, Tiftarea 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, Tiftarea 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.

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