14-Unit Apartment
For Sale
$1,000,000
879 Parsons Street SW, Atlanta, GA 30314
Student-housing layout with shared kitchens, laundry areas, keyless entry, and recently installed HVAC and water heaters.
Property SizeContact for details
Days on Market186
Property Features for 879 Parsons Street SW
General Information
Standard status
Active
Property subtype
Multi Family
Occupancy
100%
Financials
Asking Price
$1,000,000
Cap Rate
9.85%
Additional Details
Public Transit
Yes
Multifamily Units
14
Taxes and HOA fees
Annual Taxes
$13,366
Building Details
Year Built
2010
Listing Agency:
Keller Williams Realty Buckhead
(404) 551-8454
Listed By:
Eve Hill
Source:
Evatlanta
Added: Feb 6
Changed: Aug 2
Last Checked: Aug 10 at 9:24AM
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 Keller Williams Realty Buckhead
Investment Insights
Based on property information with market context.
Built in 2010, this 14-unit apartment property is arranged as two sides with seven rooms, six bathrooms, and a full kitchen on each side. Ten units include private bathrooms, while units B2, B3, A1, and A3 use shared bathrooms. Each side also has a shared kitchen and two shared laundry sets or areas. Keyless entry, new HVAC systems, and new water heaters are part of the property improvements.
The property is located at 879 Parsons Street SW in Atlanta, with access to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. Current occupancy is 100%, and the reported current CAP rate is 9.85%, with a potential CAP rate of 11.35%.
The property is located at 879 Parsons Street SW in Atlanta, with access to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. Current occupancy is 100%, and the reported current CAP rate is 9.85%, with a potential CAP rate of 11.35%.
Key Highlights
- 14‑unit apartment property built in 2010
- Two sides, each with 7 rooms, 6 bathrooms, and a full kitchen
- Private bathrooms in 10 units; B2, B3, A1, and A3 have shared bathrooms
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 - Student-housing layout with shared kitchens, laundry areas, keyless entry, and recently installed HVAC and water heaters.
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; Two sides, each with 7 rooms, 6 bathrooms, and a full kitchen; Private bathrooms in 10 units; B2, B3, A1, and A3 have shared bathrooms
