Property Location

3211 Ernest W Barrett Parkway NW, Marietta GA 30064

Interactive Map

List Price $2,500,000
Units 1
Est. Cap Rate 0.2%
Est. Cash-on-Cash -23.1%
Price / Unit $2,500,000
Est. Year 1 Cash Flow $-144,151 after debt service
3211 Ernest W Barrett Parkway NW Marietta, GA 30064
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
Welcome to an exceptional opportunity in the heart of Marietta—a property that offers both immediate value and long-term upside. Situated on a generous lot along Ernest W Barrett Pkwy, this versatile residence combines classic charm with outstanding development potential, making it ideal for investors, builders, or savvy buyers seeking a strategic acquisition in a high-demand area. This property features 4 bedrooms and 3 full bathrooms across approximately 2,099 sq ft. The expansive 87,120 sq ft lot provides ample space for expansion, redevelopment, or subdivision possibilities (buyer to verify), offering flexibility rarely found in such a prime location. From the moment you arrive, the property showcases strong curb appeal with its wide frontage and established surroundings. Inside, the layout offers functional living spaces with generous room sizes, making it well-suited for rental income, multi-generational living, or renovation to maximize value. Outdoors, the oversized lot opens the door to endless possibilities—whether enhancing the existing home, adding additional structures, or pursuing a full-scale development project. Conveniently located near shopping centers, dining, schools, and major roadways, this property ensures easy access to everyday essentials and commuter routes, further increasing its desirability for both homeowners and tenants. A rare highlight: the property can be sold separately or together, offering unmatched flexibility for investors and developers looking to tailor their strategy.
Investment Notes — Marietta
  • Located in the Marietta, 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
Professional Investment Analysis

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $2,500,000 Verified
Est. Cap Rate 0.22% Modeled
Est. Cash-on-Cash -23.06% Modeled
Est. Gross Income $12,595 Modeled
Est. NOI $5,542 Modeled
Est. Year 1 Cash Flow $-144,151 after debt service (25% down / 7% / 30-yr) Modeled
Confidence scores included Latest FMLS data Transparent modeling
Investment Calculator

Starts from list price and unit count. Pre-filled from Modeled Estimate. Override any value to model your own scenario.

$
$
$

Modeled Estimate

5.0%
51%
25%
7%
30 yrs
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
Review Further

Jeff’s Investment Take

Further review recommended before moving forward.

Est. Cap0.2%
Est. CoC-23.1%
Important Investment Disclaimer
Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

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: 7742222 · Listing courtesy of The Official Ascending Realty, LLC, Dung Montilla · 470-329-3079

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