14-Unit Apartment
For Sale
$1,000,000
879 Parsons Street SW, Atlanta, GA 30314
Residential Income, Atlanta, GA
Property SizeContact for details
Lot Size0.10 Acres
Days on Market211
Property Features for 879 Parsons Street SW
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
6
Parking features
Off Street
Subdivision
MAP/STEUERWALD PROP RESUB CORR
Elementary school
Jones
Middle school
Herman J Russell
High school
Booker T Washington
Directions
From I-20 W. Take exit 55A toward Lowery Blvd/West End. Merge onto Park St SW. Turn right onto Joseph E Lowery Blvd SW. Turn right onto Parsons St SW. Destination will be on the left
Standard status
Active
APN
14 010900030420
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13366
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
shared kitchens
shared laundry
keyless entry
Building Details
Year built
2010
Floors in Building
2
Number of units
14
Building materials
Brick
Listing Agency:
Keller Williams Realty Buckhead
(404) 604-3800
Listed By:
Eve Hill
(404) 551-8454
Added: Feb 6
Changed: Aug 19
Last Checked: Sep 5 at 4:06AM
MLS# 10686695
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.
Investment Insights
Based on property information with market context.
Built in 2010, this brick apartment property contains 14 units arranged across Side A and Side B. Each side offers 7 rooms, 6 bathrooms, a full kitchen, and a shared laundry area. Ten units include private bathrooms, while four units use shared bathrooms. The property also features keyless entry, new HVAC equipment, new water heaters, central heating and cooling, public water and sewer, and off-street parking.
The property is located in Atlanta near Morehouse, Georgia Tech, Spelman, MARTA, and shopping. It is fully occupied and reports a current CAP rate of 9.85% with a potential CAP rate of 11.35%.
The property is located in Atlanta near Morehouse, Georgia Tech, Spelman, MARTA, and shopping. It is fully occupied and reports a current CAP rate of 9.85% with a potential CAP rate of 11.35%.
Key Highlights
- 14‑unit apartment property built in 2010
- 100% occupancy with a current CAP rate of 9.85%
- Potential CAP rate of 11.35%
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,053
Businesses Nearby
Explore this area
Business Placement
Demographics for 30314, GA
20,598
Population
9,900
Households
2.1
Avg Household Size
29
Median Age
30%
College-Educated
84%
High-School Grad
4.6 sq mi
ZIP Area
4,478
Density / Sq Mi
$36,870
Median Household Income
$24,810
Median Earnings
$991
Median Rent
$210,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick student-housing property with shared kitchens, laundry areas, central HVAC, and off-street parking.
Where is this apartment building located?
The property is located at 879 Parsons Street SW Atlanta, GA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 14‑unit apartment property built in 2010; 100% occupancy with a current CAP rate of 9.85%; Potential CAP rate of 11.35%
