Active99 days listed

1471 Centra Villa, Atlanta, GA 30311

  • 6bd
  • 4ba
  • 3,194SF
  • 0.24ac lot

Single-family home

List price

$299,900

$94/SF list

Ask about this home

FMLS IDXFMLS #7815371 · Listing Provided By Indigo Road Realty Georgia · 404-536-7765 · Listing agent Alexendria McCullough

Location

1471 Centra Villa, Atlanta GA 30311

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About this home

A versatile value-add opportunity, 1471 Centra Villa Drive SW offers a flexible footprint ideal for buyers seeking a creative renovation project with long-term upside. The home includes an added second-floor level and a layout well suited for an FHA 203(k) renovation loan, allowing an owner-occupant to customize finishes while building equity. The configuration supports multigenerational living, with the potential for private suites, shared spaces, or extended family accommodations. The driveway allows for parking with convenient access to the basement entrance, enhancing functionality for separate living areas or guests. Investors will appreciate the multiple potential exit strategies, including buy-and-hold rental, short-term rental, PadSplit-style shared housing, or bed-and-breakfast use (subject to zoning and local regulations). Conveniently located near major roadways and key Atlanta destinations, this property presents a strong opportunity for both owner-occupants and investors seeking a value-add project. *** PLEASE NOTE THIS HOME HAS A FULL BASEMENT READY TO BE FINISHED***

How this list price compares in Atlanta

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type
Single-family home
Status
Active
Bedrooms
6
Full baths
4
Living area
3,194 SF
Lot size
0.24 acres
Year built
1945
Levels
One
Main-level bedrooms
3
Parking
Assigned
Basement
Bath/Stubbed
Style
Traditional
Construction
Other
Roof
Other
Flooring
Laminate
Heating
Central
Cooling
Central Air
Appliances
Other
Lot
Back Yard
HOA
No
Annual tax
$3,179 (2025)
County
Fulton

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $299,900 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$2,356/mo

Principal and interest
$1,854
Property tax
$265
Home insurance
$125
Mortgage insurance
$112
Loan amount
$269,910
Cash down
$29,990

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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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.

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