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    497 Rankin St NE Atlanta, GA 30308

    For Sale
    $725,000

    MULTI_FAMILY - Atlanta, GA

    Lot size:
    0.09 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 497 Rankin St NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    14 004700060471
    Parking
    2
    Parking features
    Off Street
    Fireplace
    1
    Lot size
    0.09 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Central
    Cooling system
    Ceiling Fan(s), Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Building materials
    Concrete, Stone

    Palmer House Properties and Assoc. (404) 876-4901 [email protected]

    Listing agent Cindy S Swann (404) 876-4901

    Listing date Nov 24, 2025

    MLS# 10641427 Listing URL

    Copyright © 2025 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.

    Overview

    Historic Duplex in Old Fourth Ward

    This historic duplex, located in the Old Fourth Ward of Atlanta, offers character and charm. Each unit features 2 bedrooms and 1 bath, along with washer/dryer connections; one unit includes a washer/dryer. The property includes a front porch and balcony, a large backyard patio, a storage building, and a raised garden bed. Off-street parking is available. The property is located near parks, Krog Street Market, the Atlanta Beltline, Ponce City Market, restaurants, shopping, and the MLK Historic District, with convenient access to Interstate 75/85. Situated on a lot of 0.088 acres, this property presents opportunities as a rental, Airbnb, or owner-occupied residence with rental income potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.370917
    Latitude
    33.767093

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    FAQs

    What type of property is this?
    Duplex - Charming duplex near Atlanta Beltline, ideal for rental or Airbnb.
    Where is this duplex located?
    The property is located at 497 Rankin St NE Atlanta, GA.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Historic Duplex in Old Fourth Ward: Offers character and charm.; - Income Potential: Ideal for rental property or Airbnb.; - Prime Location: Near Krog Street Market, Atlanta Beltline, and Ponce City Market.
    (404) 876-4901
    Request Owner's contact information
    497 Rankin St NE Atlanta, GA 30308
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    Atlanta, GA 30308
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    497 Rankin St NE Atlanta, GA 30308
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