14-Unit Student Housing
For Sale
$1,000,000
879 Parsons Street SW, Atlanta, GA 30314
Two-sided layout combines private and shared bathrooms with kitchens and laundry areas.
Property SizeContact for details
Days on Market267
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%
Site & Location
Neighborhood
Atlanta University Center
Public Transit
Yes
Additional Details
Multifamily Units
14
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$13,366
Amenities
shared kitchens
shared laundry areas
Building Details
Year Built
2010
Listing Agency:
Keller Williams Realty Buckhead
Listed By:
Eve Hill
(404) 551-8454
Source:
Jbrandrealtyga
Added: Feb 6
Changed: Oct 26
Last Checked: Oct 26 at 3:08PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2010 for student housing, this 14-unit apartment property is arranged as two sides, each with seven rooms, six bathrooms, and a full kitchen. Ten units have private bathrooms; four share bathrooms. Each side also has a shared kitchen and two shared laundry sets or areas. Recent improvements include HVAC equipment, water heaters, and keyless entry.
The property is near Morehouse, Georgia Tech, Spellman, MARTA, and shopping. It is fully occupied, with a stated current cap rate of 9.85% and a potential cap rate of 11.35%.
The property is near Morehouse, Georgia Tech, Spellman, MARTA, and shopping. It is fully occupied, with a stated current cap rate of 9.85% and a potential cap rate of 11.35%.
Key Highlights
- 14 units in a two‑sided layout, with seven rooms on each side
- Built in 2010 for student housing
- Each side has 6 bathrooms and a full kitchen
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Two-sided layout combines private and shared bathrooms with kitchens and laundry areas.
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 units in a two‑sided layout, with seven rooms on each side; Built in 2010 for student housing; Each side has 6 bathrooms and a full kitchen
