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List Price $348,000
Units 2
Price / Unit $174,000

High-demand multifamily opportunity in Atlanta, GA

Properties with strong cash flow potential in this market typically receive multiple offers quickly.

2732 Oldknow Drive NW Atlanta, GA 30318
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
**Income-Producing 7-Bedroom PadSplit Investment Opportunity in Atlanta** Welcome to 2732 Oldknow Drive NW, Atlanta, GA 30318—an exceptional income-generating property designed for co-living and shared housing success. This spacious 7-bedroom, 3-bathroom residence is currently operating as a PadSplit-style rental with stable occupancy and strong cash-flow potential. Thoughtfully configured with two separate living zones, the home features **two full kitchens**, one on each level, allowing residents additional convenience and privacy. The upper level showcases beautiful hardwood flooring, while the lower level offers durable tile flooring throughout, creating low-maintenance living spaces ideal for shared housing operations. Residents enjoy access to **two comfortable living areas**, eat-in kitchens on both levels, and a shared laundry area. Currently, five of the seven bedrooms are occupied by long-term, stable flatmates, providing immediate income with additional upside through leasing the remaining rooms. Conveniently located near major Atlanta employment centers, public transportation, shopping, and dining, this property presents an outstanding opportunity for investors seeking a turnkey co-living asset or those looking to expand their rental portfolio. **Property Highlights:** * 7 Bedrooms | 3 Bathrooms * Established income-producing PadSplit operation * Two separate kitchens (upstairs and downstairs) * Two living/common areas * Hardwood floors upstairs * Tile flooring downstairs * Shared laundry facility * Eat-in kitchens on both levels * Five rooms currently occupied by stable residents * Strong cash-flow and value-add potential * Convenient Northwest Atlanta location Whether you're a seasoned investor or entering the co-living market, 2732 Oldknow Drive NW offers a rare combination of scale, functionality, and immediate income potential.
Investment Context for Atlanta Multifamily:
  • Located in the Atlanta, GA area with access to regional employment centers
  • Typical value-add potential through professional management and improvements
  • Multifamily rental demand varies by submarket — local verification recommended
  • Cash flow performance depends on occupancy, expenses, and market conditions
PROFESSIONAL INVESTMENT ANALYSIS

Modeled using FMLS data + Atlanta market benchmarks

Price per Unit $174,000 Verified
Est. Cap Rate 📊 Cap Rate Modeled
Est. Gross Income 📊 Gross Modeled
Est. NOI Estimated
Est. Year 1 Cash Flow after estimated debt service 📊 Cash Flow Modeled
✅ Confidence scores included ✅ Latest FMLS data ✅ Transparent modeling
CASH FLOW PROJECTION TOOL

Adjust assumptions to see personalized 5-year projections (Using market-based estimate)

Year 1 NOI $0
Year 1 Cash Flow $0
Year 1 Cash-on-Cash 0%
Est. Year 5 Property Value $0
Total 5-Year Cash Flow $0
* These are estimates based on available listing data and Atlanta metro market benchmarks. Detailed seller financials were not provided, so NOI was modeled conservatively. Always verify all numbers independently and consult your own professionals before making investment decisions.
SIMILAR INVESTMENT OPPORTUNITIES

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IMPORTANT INVESTMENT DISCLAIMER
Important Investment Information

All financial estimates (NOI, Cap Rate, Cash Flow, Year 5 projections, etc.) are modeled using Atlanta metro market benchmarks combined with available FMLS listing data.

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: 7779748 • Listing courtesy of Area West Realty, LLC., LYNNISE NIA KNOWLES • 404-439-1026

IDX Information Provided by Jeff Crowe • jeffcrowe@c21theavenues.com
FMLS • Updated Daily • Investor Analyzed