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$339,000

Listing Price

3beds

2baths

1,400sqft

8,703sqft lot

477 Fairlane Cir Nw, Atlanta, GA 30331

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

242.14

Price / sqft

1960

Year built

Home Details

Exceptional turnkey investment opportunity with immediate cash flow! This proven income-producing asset is generating $3,600 per month with both units currently occupied by stable tenants. The property features a spacious 4-bedroom, 3-bath residence leased through the Atlanta Housing Authority at $2,000 per month and a 2-bedroom, 1-bath residence leased to a qualified tenant at $1,600 per month. Both tenants pay their own utilities, maximizing owner cash flow while minimizing operating expenses. Thoughtfully updated approximately one year ago, the property boasts new HVAC systems, new water heaters, beautifully updated kitchens, renovated bathrooms, and numerous additional improvements, providing peace of mind and significantly reducing future maintenance expenses. With its flexible layout, this property is ideally suited for a variety of investment strategies, including PadSplit housing, veteran housing, group home operations, or continued traditional long-term rentals (subject to applicable zoning and local regulations). Perfectly positioned just minutes from I-20, Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and major employment centers, the location offers exceptional convenience, strong tenant demand, and outstanding long-term appreciation potential. Whether you're adding to an established portfolio or securing your first income-producing property, this fully occupied, newly renovated property offers immediate cash flow, dependable rental income, a

Interior Details

Square Feet
  • 1400

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 8703

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Concrete

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$1,728

$7,240

$34,960

--%

$42,200

2019

$1,313

$1,760

$30,200

--%

$31,960

2018

$924

$7,280

$15,040

--%

$22,320

2017

$691

$4,800

$11,200

--%

$16,000

2016

$692

$4,800

$11,200

--%

$16,000

2014

$540

$2,840

$9,080

--%

$11,920

2012

$266

$760

$4,320

--%

$5,080

2011

$278

$1,120

$6,240

--%

$7,360

percent-home-icon

Average Home Price in 30331

Nearby Properties

Zip Code

Price

Bed

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Sqft

Lot

Sold Date

$181,705

2 Beds

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$268,000

3 Beds

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Sold 10/13/2026

$197,307

3 Beds

1 Baths

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19,854 Lot (sqft)

Sold 10/13/2026

$169,900

3 Beds

2 Baths

1,435 Sqft

10,184 Lot (sqft)

Sold 10/12/2026

$299,900

4 Beds

2 Baths

1,230 Sqft

7,749 Lot (sqft)

Sold 09/29/2026

$190,181

3 Beds

2 Baths

1,251 Sqft

21,514 Lot (sqft)

Sold 10/27/2026

$245,000

4 Beds

2 Baths

1,195 Sqft

9,901 Lot (sqft)

Sold 10/27/2026

$80,000

5 Beds

3.5 Baths

1,344 Sqft

10,001 Lot (sqft)

Sold 08/06/2026

$249,000

3 Beds

2 Baths

1,576 Sqft

10,123 Lot (sqft)

Sold 10/27/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
339,000
$
Down payment
67,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,034
$
HOA (Monthly)
0
$
PMI
0
$
$2,194
Your Payment
Total Monthly Payment:$2,194
Percent of Income:38%
Affordable:No

Details for 477 FAIRLANE CIR NW

Property Debt

Foreclosure Contact Details