1079 Tumlin Street NW Atlanta, GA 30318
- Added:
- Jan 31, 2026
- Days on Market:
- 97
- Last Refresh:
- May 8 at 7:06 am
Property Features for 1079 Tumlin Street NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Guest
- Standard status
- Active
- APN
- 17 014900040309
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12067
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Zoned
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 7
- Building materials
- Block
Listing agent Kim Wachtel License #278101 (404) 226-0505
Listing office REMAX Around Atlanta 17b Lenox Point, Atlanta, GA (404) 592-5750
Listing date Jan 31, 2026
MLS# 10683148
Listing URL
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High Income Potential: Current monthly income of $5,425 with potential to reach $6,000+, netting a 6.5‑7% cap rate.
- Prime Location: Ideally located near GA Tech campus, Atlantic Station, and other amenities.
- Turnkey Rooming House: Configured as a 7‑bedroom, 4‑bathroom rooming house with a history of low vacancy.
- Recent Upgrades: Both HVAC systems and hot water heaters were replaced in 2024.
- Tenant Leases in Place: 7 tenant leases are in effect through mid‑May 2026.
- Features: 3 Double‑Room Suites, 3 Bonus Rooms, fenced backyard, and parking pad for 2 cars.
Overview
Atlanta Multifamily Investment Opportunity
This multifamily property in Atlanta, GA, presents an investment opportunity as a legal duplex that has been converted into a 7-bedroom, 4-bathroom rooming house. The property generates a monthly income of $5,425, with potential to reach $6,000 or more. The tenants are responsible for all utility payments. Both HVAC systems (one per floor) and both hot water heaters were replaced in 2024. The current tenants are GA Tech students with leases extending until mid-May 2026, with some expressing interest in renewing. Located near GA Tech, the property includes 3 double-room suites, each with a common room and bathroom; one suite also features a stackable washer/dryer. There are two bonus rooms upstairs and one downstairs, offering additional storage or recreational space. The main floor is tiled, with a hardwood stairway leading to the carpeted upper level. The property includes a fenced backyard and a concrete parking pad for two cars, which can be offered for an additional fee. The location provides convenient access to the GA Tech campus and Atlantic Station. The lot size is 0.106 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
1031 exchange properties
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.400416
- Latitude
- 33.784221
Nearby Similar for Sale
FAQs
What type of property is this?
1031 exchange property - Legal duplex converted to a 7-bedroom rooming house.
Where is this 1031 exchange property located?
The property is located at 1079 Tumlin Street NW Atlanta, GA.
What is the asking price?
The asking price for this property is $848,000.
What are key features of this property?
This property features: High Income Potential: Current monthly income of $5,425 with potential to reach $6,000+, netting a 6.5‑7% cap rate.; Prime Location: Ideally located near GA Tech campus, Atlantic Station, and other amenities.; Turnkey Rooming House: Configured as a 7‑bedroom, 4‑bathroom rooming house with a history of low vacancy.
