Active$367,000
2 bd3 ba1,306 SFTownhouse
1365 Memorial Drive Unit 2
Atlanta, GA 30317 · Walker Park · 41 days listed
FMLS #7838716 · Listing Provided By HOME Luxury Real Estate · 404-354-2232
Active Under Contract122 days listed
1391 Sweetshrub Place NW Unit 27, Atlanta, GA 30318
- 3bd
- 3ba
- 1,418SF
FMLS #7795818 · Listing Provided By D.R. Horton Realty of GA, Inc.-Atlanta Central Division · 770-730-7900 · Listing agent Joan Thomas
Location
1391 Sweetshrub Place NW Unit 27, Atlanta GA 30318
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About this home
Welcome home to the Pearson plan at Towns at Monroe by D. R. Horton! This beautifully designed new construction townhome offers the perfect blend of style, comfort, and convenience in one of Atlanta's most exciting locations. Featuring an open-concept floor plan, spacious kitchen with modern finishes, stainless steel appliances, granite and cultured marble countertops, and a large island overlooking the family room, this home is ideal for both entertaining and everyday living. Upstairs, you'll find a generous owner's suite with a walk-in closet and private bath, along with additional bedrooms offering flexibility for guests, a home office, or growing households. Enjoy low maintenance living with professionally maintained community spaces and the peace of mind that comes with a new home warranty. Conveniently located near Downtown Atlanta, the Beltline, Mercedes-Benz Stadium, Truist Park, Hartsfield-Jackson Airport, major interstates, shopping, dining, and entertainment. Don't miss your chance to own a brand-new home in this rapidly growing Atlanta community! **Stock photos are a representative of the home and floor plan**
How this list price compares in Atlanta
- List price is 3% below the Atlanta median list price of $380,000 (5,381 homes).
- Compared with 871 townhouses in Atlanta: 20% below the median of $459,900.
- List price per square foot is 2% above the Atlanta median of $255/SF.
- 13 homes for sale in Towns at Monroe.
- All 5,381 homes for sale in Atlanta, GA.
- 6,733 homes for sale in Fulton County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Townhouse
- Status
- Active Under Contract
- Bedrooms
- 3
- Full baths
- 2
- Half baths
- 1
- Living area
- 1,418 SF
- Year built
- 2026
- Levels
- Two
- Main-level bedrooms
- 0
- Garage spaces
- 1
- Parking
- Attached, Garage
- Style
- Townhouse
- Construction
- Wood Siding
- Roof
- Composition
- Flooring
- Carpet, Luxury Vinyl, Vinyl
- Heating
- Central, Electric, Zoned
- Cooling
- Central Air, Electric, Zoned
- Appliances
- Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Lot
- Back Yard
- HOA
- $1,200 annually
- Annual tax
- $1 (2026)
- County
- Fulton
Assigned schools
- HighFrederick Douglass
- MiddleJohn Lewis Invictus Academy/Harper-Archer
- ElementaryWilliam J. Scott
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $367,490 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$2,635/mo
- Principal and interest
- $2,272
- Property tax
- $0
- Home insurance
- $125
- Mortgage insurance
- $138
- HOA dues
- $100
- Loan amount
- $330,741
- Cash down
- $36,749
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- apartment complexes for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- Georgia multifamily investment properties for saleDuplexes to large complexes, with screening cap rates on each building.
- churches for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- apartment complex for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
- warehouses for sale in GeorgiaWarehouse and distribution buildings for sale.
Investor research and tools
- Georgia multifamily cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- net operating income explainedHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR loans for apartment buildingsDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- how to use gross rent multiplierGross rent multiplier on apartment buildings: the formula, Georgia asking GRMs, and when GRM misleads.
- cap rate and NOI calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- DSCR calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
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