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List Price $375,000
Units 1
Price / Unit $375,000

High-demand multifamily opportunity in Smyrna, GA

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

403 Iona Abbey Court SE Smyrna, GA 30082
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Great owner occupant or investment opportunity. Projected Rental Income of $2500. No rental restrictions. Move in ready brick townhome in the heart of Smyrna with a brand new roof, two recently replaced HVAC systems, and an unbeatable location just minutes from The Battery Atlanta, Truist Park, Vinings Jubilee, Smyrna Market Village, Cumberland, I-75, and I-285. The light filled main level features hardwood floors, high ceilings, crown molding, a separate dining room, and a spacious fireside family room with custom built ins. The renovated white kitchen offers quartz countertops, subway tile backsplash, stainless steel appliances, a gas range, pantry, and breakfast bar, and opens directly to the private rear deck. Upstairs, the oversized primary suite includes a walk in closet and spacious bath with double vanities, soaking tub, and separate shower. A second ensuite bedroom provides flexibility for guests, family, or a home office. The finished terrace level features a third bedroom with a beautifully updated full bath, making it ideal for guests, a home office, gym, or media room, with access to a covered patio below. Enjoy a neighborhood pool, low maintenance living, and no rental restrictions. With major updates already completed and an exceptional location close to shopping, dining, parks, and entertainment, this home offers outstanding value in one of Smyrna's most convenient communities.
Investment Context for Smyrna Multifamily:
  • Located in the Smyrna, 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 $375,000 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: 7808439 • Listing courtesy of Berkshire Hathaway HomeServices Georgia Properties, Lindsay Levin • 404-537-5200

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