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Active56 days listed

2247 Jernigan Drive SE, Atlanta, GA 30315

  • 2bd
  • 2ba
  • 1,030SF
  • 0.26ac lot

Single-family homeLakewood

List price

$199,500

$194/SF list

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FMLS IDXFMLS #7830979 · Listing Provided By Millennial Properties Realty, LLC. · 404-849-1983 · Listing agent Alexis Lee

Location

2247 Jernigan Drive SE, Atlanta GA 30315

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About this home

Investor special with income in place. This 2-bedroom, 2-bath home is a great opportunity for buyers looking to add an occupied rental to their portfolio. With a tenant already in place and Section 8 income of $1,201 per month, this property offers immediate cash flow from day one. The home features a functional layout with two spacious bedrooms and two full bathrooms, making it an appealing option for continued rental performance and long-term portfolio growth. For investors seeking flexibility, the current tenant is willing to relocate, making this property an attractive option for either a buy-and-hold investor or a fix-and-flip buyer looking to renovate and reposition the home.

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
2
Full baths
2
Living area
1,030 SF
Lot size
0.26 acres
Year built
1950
Levels
One
Main-level bedrooms
2
Parking
Driveway
Basement
Crawl Space
Style
Ranch
Construction
Wood Siding
Roof
Composition
Flooring
Hardwood
Heating
Forced Air, Natural Gas
Cooling
Ceiling Fan(s), Central Air
Fireplaces
1
Appliances
Refrigerator
Lot
Back Yard
HOA
No
Annual tax
$2,903 (2023)
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 $199,500 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$1,675/mo

Principal and interest
$1,233
Property tax
$242
Home insurance
$125
Mortgage insurance
$75
Loan amount
$179,550
Cash down
$19,950

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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Questions about this home

How do I schedule a showing of this home?

Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.

How do I get more information about this listing?

Send your question through the form on this page. Listing details come from FMLS and are provided by Millennial Properties Realty, LLC., so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.

How is the monthly payment estimate calculated?

It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.

Where can I see similar homes for sale in Atlanta?

See the similar homes section on this page, or browse all homes for sale in Atlanta, GA.

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

Investor research and tools

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