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$325,000
Listing Price4beds
2baths
1,379sqft
3,998sqft lot
219 Joseph E Lowery Blvd Sw, Atlanta, GA 30314
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Turnkey Student Housing Investment Opportunity in the Heart of Atlanta Hitting The 1% Rule! Add an instant, reliable cash-flowing asset to your rental portfolio with this fully occupied 4-bedroom, 2-full-bath rooming house generating $3,200 per month in gross room rentals, plus an additional $50-$75 per month in coin-operated laundry revenue. Positioned for premium student housing, this income-producing property is located directly between Ashview Heights and the prestigious Atlanta University Center (AUC), offering unbeatable proximity to Clark Atlanta University, Morehouse College, Spelman College, and Morris Brown College. This low-maintenance, turnkey asset features a new roof installed within the last 2 years, durable central air and heat, a recently updated shared kitchen, and absolutely no carpet for seamless tenant turnarounds. The property conveys with all existing tenants (although it DOES NOT have to) on mostly highly flexible month-to-month agreements, and the owner bills back directly for water and electricity, protecting your net operating income (NOI). Please note that Room 4 with the private full bath is not pictured, and all marketing photos are from a prior 2024 marketing period when the rooms were professionally cleaned and turned over. Do not miss this rare opportunity to secure immediate, passive cash flow with a strong 2-year track record of averaging ~$800 per room in a high-growth Atlanta submarket!
Interior Details
1379
4
2
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Partial
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
3998
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
Yes
No
No
Construction Details
Conventional
Wood
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$3,101
$25,880
$49,840
--%
$75,720
2019
$2,345
$12,040
$45,040
--%
$57,080
2018
$745
$4,560
$13,440
--%
$18,000
2017
$601
$3,040
$10,880
--%
$13,920
2016
$602
$3,040
$10,880
--%
$13,920
2014
$549
$4,640
$7,480
--%
$12,120
2012
$337
$1,080
$4,200
--%
$5,280
2011
$790
$2,880
$18,040
--%
$20,920
Average Home Price in 30314
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The Atlanta real estate market, with values and inventory levels fluctuating, continues to evolve based on numerous factors. Detailed data, including average property value, per square foot value, and property counts, outlines these trends, enabling buyers, sellers, and investors to understand and navigate the market effectively.





