Commercial

38 Fairburn Road SW

Atlanta, GA 30331

Location

38 Fairburn Road SW, Atlanta GA 30331

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Loads on click

List Price$1,950,000
TypeCondominium
Building16,878 SF
Lot1.23 Ac
Building

Improved commercial

16,878 SF building

Condominium · Residential · RG2 · $116 / SF · 1.23 ac lot

Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7810375
Listing Provided By Southern REO Associates, LLC · 770-642-9494
Description

Property Description

38 Fairburn Rd SW, Atlanta, GA 30331 — 20-Unit Multifamily Investment Opportunity. This 20-unit apartment community presents a compelling value-add opportunity in the Adamsville submarket of Southwest Atlanta. Built in 1966 and renovated in 1990, the property spans approximately 33,756 square feet on a 1.23-acre lot, with a uniform unit mix of 2-bedroom, 1-bathroom residences offering strong appeal to the area's steady rental demand. Priced at roughly $97,500 per unit and $58 per square foot, the asset offers an attractive basis for investors seeking to execute a renovation and repositioning strategy or add a stabilized asset to their portfolio. The property's consistent unit layout simplifies capital planning and rent-up execution across the entire building. Located minutes from downtown Atlanta with convenient access to major thoroughfares, the property benefits from proximity to employment centers, retail, and public transit, supporting long-term tenant demand. Southwest Atlanta continues to see renewed investor interest, driven by affordability relative to neighboring submarkets and ongoing infrastructure and development activity in the broader Atlanta metro. This is a rare opportunity to acquire a 20-unit asset at an accessible price point in a growing Atlanta submarket. Contact the listing agent for financials, due diligence materials, and showing instructions.

Listing facts

Structured MLS fields. Remark language is not verified.

Year built
1966
Zoning
RG2
Price / SF
$116
Price / acre
$1,585,366
Days on market
41
Loading
Other
Road frontage
182 ft
Owner pays
Exterior Maintenance, Taxes, Trash Collection, Water
Taxes
$45,288
Tax year
2025

Utilities & systems

As reported on the listing. Confirm service and capacity on site.

Available

  • Electricity
  • Natural Gas
  • Sewer
  • Water

Heating

  • Central

Cooling

  • Central Air

Commercial Analysis

Key metrics and property characteristics

List Price$1,950,000
Building Size16,878 SF
Price / SF$116
Lot Size1.23 Acres
Price / Acre$1,585,366
ZoningRG2
Property SubtypeCondominium
Year Built1966

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38 Fairburn Road SW

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Disclaimer

Important Investment Information

Financial and property metrics are taken from the MLS listing when available. Cap rates or other calculated figures may be estimated. All figures are for screening only — verify with current financials and physical inspection.

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.