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    The Largest CRE Database in the US with Over 1 Million Listings

    877 Beckwith St SW Atlanta, GA 30314

    Sponsored
    For Sale
    $335,000

    MULTI_FAMILY - Atlanta, GA

    Lot size:
    0.09 Acres
    Days on Market:
    15
    Last Refresh:
    Feb 1 at 5:06 am

    Property Features for 877 Beckwith St SW

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.09 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    1
    Number of units
    7
    Flooring type
    Laminate, Tile - Ceramic, Carpet
    Building materials
    Vinyl Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Matthew Nicklin

    OneSource Real Estate LLC (678) 668-6526

    Listing agent Matthew Nicklin (678) 668-6526

    Listing date Jan 18, 2026

    MLS# 7706156 Listing URL

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Ashview Heights Multifamily Investment Opportunity

    Located in Ashview Heights, this 7-bedroom, 2-bathroom property is an income-generating investment opportunity. Currently operating as student housing, the property produces $4,800 per month when fully rented, with each room rented individually to college tenants. It is located a short walk from Morehouse College (10 minutes) and Clark Atlanta University (6 minutes). The property has been maintained and updated by the current owner. A new roof was installed in December 2022, and the kitchen was fully updated in February 2023 with new appliances and counters. New plumbing was installed in July 2024, and a new fence was added in July 2025. The HVAC was replaced in May 2021 by the previous owner. Individual bedrooms have been renovated as tenants moved out, with Rooms 1 and 5 updated in 2021, Rooms 3 and 4 in 2023, and Rooms 2, 6, and 7 in 2025. With seven bedrooms renting individually, this property delivers cash flow and minimal vacancy risk. The lot size is 0.0918 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Law Firm Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Accounting Firm Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.416313
    Latitude
    33.752383

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    FAQs

    What type of property is this?
    Multifamily property - 7-bedroom, 2-bathroom property near Morehouse and Clark Atlanta Universities.
    Where is this multifamily property located?
    The property is located at 877 Beckwith St SW Atlanta, GA.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: - Proven Income Generator: Currently producing $4,800/month as student housing.; - Prime Location: A short walk to Morehouse College (10 minutes) and Clark Atlanta University (6 minutes), ensuring consistent rental demand.; - Recent Updates: Benefit from a new roof (2022), fully updated kitchen (2023), new plumbing (2024), and new fence (2025).
    (678) 668-6526
    Request Owner's contact information
    877 Beckwith St SW Atlanta, GA 30314
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    Atlanta, GA 30314
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    877 Beckwith St SW Atlanta, GA 30314
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    We can help!
    Listing Contact
    Matthew Nicklin
    Real Estate License ID: 350266
    (678) 668-6526
    Learn more
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