Active$159,900
3 bd2 ba1,530 SFSingle-family home
2169 Delowe Drive
Atlanta, GA 30344 · East Point · 71 days listed
FMLS #7822972 · Listing Provided By RE/MAX Town and Country · 404-978-2281
Active85 days listed
1972 Conrad Avenue SE, Atlanta, GA 30015
- 2bd
- 1ba 0
FMLS #7820512 · Listing Provided By Virtual Properties Realty.com · 678-557-1956 · Listing agent Barbara Wallace
About this home
Do not miss this opportunity to invest in South Atlanta! A beautiful bungalow home nestled on a level lot with off street parking! This home requires a complete renovation, but has great potential. Home is down to studs. Bring your contractor and designer's ideas and make this home your dream home. Located minutes from downtown Atlanta! Convenient to Tyler Perry Studios, Atlanta Beltline, Grant Park and Georgia State University. Buy now before it's too late! This is a growing area with lots of new construction. Easy access to freeways.
How this list price compares in Atlanta
- List price is 58% below the Atlanta median list price of $380,000 (5,381 homes).
- Compared with 2,648 single-family homes in Atlanta: 64% below the median of $449,900.
- 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
- Single-family home
- Status
- Active
- Bedrooms
- 2
- Full baths
- 1
- Year built
- 1940
- Levels
- One
- Main-level bedrooms
- 2
- Parking
- Driveway
- Style
- Bungalow
- Construction
- Other
- Roof
- Composition
- Flooring
- Other
- Fireplaces
- 1
- Appliances
- Other
- Lot
- Back Yard
- Community
- Near Public Transport, Park
- HOA
- No
- Annual tax
- $2,946 (2024)
- County
- Fulton
Assigned schools
- HighG.W. Carver
- MiddleCrawford Long
- ElementaryJohn Wesley Dobbs
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $159,900 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,419/mo
- Principal and interest
- $989
- Property tax
- $246
- Home insurance
- $125
- Mortgage insurance
- $60
- HOA dues
- $0
- Loan amount
- $143,910
- Cash down
- $15,990
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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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 complex for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment opportunities in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- church for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- apartment buildings for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
- Georgia land and acreage for saleAcreage, lots and development land.
Investor research and tools
- what cap rate Atlanta apartments list atMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- how to calculate NOI on an apartment buildingHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- debt service coverage ratio explainedDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- commercial property loan optionsConventional, DSCR, bank, agency, bridge and seller financing for apartment and commercial buildings.
- multifamily cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- multifamily investment calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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