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Property Location

1821 Mary George Avenue, Atlanta GA 30318

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List Price $49,000

Units adj 1

Price / Unit $49,000

1821 Mary George Avenue Atlanta, GA 30318

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

Location and terms equals an unparalleled opportunity to build now or hold for a future build or investment. Nice, private, wooded lot in the Riverside/Upper Westside area. A secluded wooded oasis, if you will, just a few minutes to Publix, Starbucks, restaurants and about 15 minutes to downtown Atlanta. Also in close proximity is the Proctor Creek Greenway (eventually connecting to the Beltline) and Westside Park. This tract is to be divided into 2 lots - and each lot is sold separately. Prefer to sell both as a package. Survey available. Special financing if you want to build and owner occupy - and you can pick your house plan and fixtures. Owner financing on the lots. Call for details. Either way, this is a great investment for the future.

Investment Notes — Atlanta

Located in the Atlanta, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Built from available FMLS income data and transparent operating assumptions · Units adjusted (LIKELY_SFR_OR_MOBILE)

Price per Unit $49,000 Verified

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario. Units adjusted (LIKELY_SFR_OR_MOBILE).

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Enter your estimate

Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

40%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Atlanta. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Inquire for Details.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Inquire for Details

Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Information

Suppressed (LIKELY_SFR_OR_MOBILE). Verify classification and actual numbers with the listing agent.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7797170 · Listing courtesy of Realty Associates of Atlanta, LLC., IRA P KATZ · 404-235-8900

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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