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Historic Loft Income Property
For Sale
$375,000
Pending

650 Glen Iris Drive NE Unit#18, Atlanta, GA 30308

Residential Income, Atlanta, GA

Property Size698 SF
Lot Size0.02 Acres
Days on Market36

Property Features for 650 Glen Iris Drive NE Unit#18

General Information

Property type Residential Multi Family
Property subtype Other
Parking 1
Parking features Assigned
Subdivision Troy-Peerless Lofts Condo
Elementary school Hope Hill
Middle school David T Howard
High school Grady
Directions Please use GPS.
Standard status Pending
APN 14 004800121884
Lot size 0.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4803

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Floors in Building 1
Number of units 1
Listing Agency: Keller Williams Realty
Listed By: Valerie Gonzalez · License #183159
Added: Jul 30 Changed: Aug 19 Last Checked: Sep 3 at 12:06PM
MLS# 10816012

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.

Unit 18 is a 698-square-foot residential loft within a 32-unit conversion of the Troy-Peerless building. The one-bedroom, one-bath layout combines kitchen, living, and sleeping areas in an open volume, with a raised sleeping platform screened by custom millwork. Original industrial details remain visible, including steel-sash windows, exposed concrete structural elements, conduit, and sprinkler lines. Wide-plank white oak flooring, a marble waterfall island, induction cooking, wall oven, custom cabinetry, and built-in wardrobe storage complement the interior. The bathroom includes a frameless glass shower, brass fixtures, and a marble vanity with integrated trough sink.

An assigned parking space and private storage unit convey with the residence. Central heating and central air provide building services, while public water and public sewer serve the property. HOA coverage includes ground maintenance, common-area utilities and maintenance, and trash pickup.

The property is located at 650 Glen Iris Drive NE in Atlanta’s Old Fourth Ward, with Ponce City Market, Whole Foods, Historic Fourth Ward Park, and BeltLine Eastside Trail access all within 0.3 miles.

Key Highlights

  • 698‑square‑foot one‑bedroom, one‑bath loft
  • Part of a 32‑loft conversion of the Troy‑Peerless building
  • Original steel‑sash windows, exposed concrete, conduit, and sprinkler lines

Property Analytics

Current Use

Troy-Peerless Lofts Condominium Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Electrical Service Mobile Phone Store Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

2,781
Businesses Nearby

Demographics for 30308, GA

22,121
Population
16,007
Households
1.4
Avg Household Size
32
Median Age
74%
College-Educated
97%
High-School Grad
1.6 sq mi
ZIP Area
13,826
Density / Sq Mi
$82,420
Median Household Income
$64,696
Median Earnings
$1,824
Median Rent
$387,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - One-bedroom, one-bath unit retains industrial-era materials and includes assigned parking plus private storage.
Where is this residential income property located?
The property is located at 650 Glen Iris Drive NE Unit#18 Atlanta, GA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 698‑square‑foot one‑bedroom, one‑bath loft; Part of a 32‑loft conversion of the Troy‑Peerless building; Original steel‑sash windows, exposed concrete, conduit, and sprinkler lines
More about this property
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