Corner Unit Condo in Smyrna

4810 Ivy Ridge Drive SE #204, Smyrna, GA 30339

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For Sale

$335,000

Well-maintained 2-bedroom condo with resort-style amenities and convenient location.

Type:Condominium

Property size:

1,630 SF

Price / SF:

$205/SF

HighLights

Gated community with resort‑style amenities: pool, clubhouse, fitness center, walking trails.
Prime location: minutes from Truist Park, Vinings, and I‑285 access.
Oversized primary suite: double vanity, soaking tub with shower, walk‑in closet.
First‑floor corner unit: light‑filled, open‑concept layout.
Large private deck for outdoor enjoyment.
In‑unit washer and dryer, reserved parking, and private storage unit.

We can help!

Listing Contact

First MLS

For Sale

$335,000

Well-maintained 2-bedroom condo with resort-style amenities and convenient location.

Type:Condominium

Property size:

1,630 SF

Price / SF:

$205/SF

Added:: Jul 12, 2025
Days on Market:: 345
Last Refresh:: May 19 at 10:32 pm

Property Features for 4810 Ivy Ridge Drive SE #204

General Information

Standard status: Active
Size: 1,630 SF
Property subtype: Condominium

Building Details

Year Built: 2003

We can help!

Listing Contact

First MLS

Listing agent First MLS

Listing office Atlanta Communities

Listing date Jul 12, 2025

Source Kw

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HighLights

Gated community with resort‑style amenities: pool, clubhouse, fitness center, walking trails.
Prime location: minutes from Truist Park, Vinings, and I‑285 access.
Oversized primary suite: double vanity, soaking tub with shower, walk‑in closet.
First‑floor corner unit: light‑filled, open‑concept layout.
Large private deck for outdoor enjoyment.
In‑unit washer and dryer, reserved parking, and private storage unit.

Overview

This beautifully maintained corner unit is located on the first floor of Olde Ivy. The light-filled condo features an open-concept layout with granite countertops, built-in bookshelves, and a fireplace. The oversized primary suite includes a double vanity, a soaking tub with shower, and a walk-in closet. A large private deck is also included. The unit also features an in-unit washer and dryer, a reserved parking spot in the deck, and a private storage unit. Please note that there is no refrigerator. Olde Ivy is a gated community with amenities including a pool, clubhouse, fitness center, and landscaped walking trails. The HOA hosts monthly social events. The property is located minutes from Truist Park and the heart of Vinings, with access to I-285.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$42.4k	$26.04
− Vacancy	−$2.6k	−$1.61
EGI	$39.8k	$24.43
− OpEx	−$17.9k	−$10.99
NOI	$21.9k	$13.43

1,630 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$312.8K

$273.7K – $365.0K (±1% cap)

NOI $21,897 @ 7.0% cap · market cap 6.54%

Second Best

—

no second resolved use

Theoretical Best

Office A

$457.7K

$400.5K – $534.0K (±1% cap)

NOI $32,039 @ 7.0% cap · market cap 9.56%

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

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City: Smyrna
County: Cobb
State: Georgia
Longitude: -84.4633
Latitude: 33.8691

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For sale
Apartment buildings
GA
Smyrna
30339
4810 Ivy Ridge Drive SE #204

What type of property is this?

Apartment building - Well-maintained 2-bedroom condo with resort-style amenities and convenient location.

Where is this apartment building located?

The property is located at 4810 Ivy Ridge Drive SE #204 Smyrna, 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: Gated community with resort‑style amenities: pool, clubhouse, fitness center, walking trails.; Prime location: minutes from Truist Park, Vinings, and I‑285 access.; **Oversized primary suite**: double vanity, soaking tub with shower, walk‑in closet.