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Renovated Three-Unit Triplex
For Sale
$489,000
Pending

862 Mitchell St Sw, Atlanta, GA 30314

Multifamily property with housing-authority tenancy in two units and flexible occupancy options for the third.

Property SizeContact for details
Days on Market148

Property Features for 862 Mitchell St Sw

General Information

Standard status Pending
Property subtype Residential Income

Additional Details

Gross Income $54,000
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,803
Listing Agency: Coldwell Banker Realty
Listed By: Rick Wiley · License #389958
Source: Exprealty
Added: Apr 7 Changed: Aug 30 Last Checked: Aug 31 at 7:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Located at 862 Mitchell St SW in Atlanta, this renovated triplex contains three residential units and was updated two years ago. Two units are leased through the Atlanta Housing Authority, while the third unit is configured with two separately rented rooms.

The third unit may be delivered vacant at closing, creating flexibility for an owner-occupant or a revised leasing arrangement. The property combines an established three-unit layout with a recently renovated condition and a mix of housing-authority and room-based occupancy.

Key Highlights

  • Three‑unit triplex in Atlanta
  • Renovated two years ago
  • Two units leased through the Atlanta Housing Authority

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Acupuncture Florist Tanning Salon Pet Store & Service Tech Support Center

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,053
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Multifamily property with housing-authority tenancy in two units and flexible occupancy options for the third.
Where is this triplex located?
The property is located at 862 Mitchell St Sw Atlanta, GA.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Three‑unit triplex in Atlanta; Renovated two years ago; Two units leased through the Atlanta Housing Authority
More about this property
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