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Active46 days listed

3085 Colonial Way Unit A, Atlanta, GA 30341

  • 2bd
  • 2ba
  • 1,024SF

CondoGeorgetown

List price

$199,000

$194/SF list

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FMLS IDXFMLS #7837330 · Listing Provided By Century 21 Results · 770-889-6090 · Listing agent Lisa Lewis

Location

3085 Colonial Way Unit A, Atlanta GA 30341

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About this home

Welcome to 3085 Colonial Way, Apt A — a fantastic opportunity for investors or buyers looking for value in a convenient Atlanta location near Shallowford Road and I-85. This end-unit 2-bedroom, 1.5-bath condo is currently tenant-occupied and is being offered at an attractive price below market value. With no rental restrictions, this property offers excellent potential as an addition to a rental portfolio, while also providing an affordable option for a future owner-occupant. The home features two spacious bedrooms, a private front courtyard patio, and a rear deck overlooking a peaceful open area near the community pool. Community amenities include gated entry, swimming pool, tennis courts, fitness center, and pet-friendly walking areas. The location offers easy access to I-85, shopping, dining, Mercer University, Emory, the CDC, Lenox, MARTA, and Downtown Atlanta. Priced to attract attention and create opportunity, this is a property you won’t want to overlook.**NOTE - ALL PHOTOS ARE PRIOR TO CURRENT RENTER MOVING IN **

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
Condo
Status
Active
Bedrooms
2
Full baths
1
Half baths
1
Living area
1,024 SF
Year built
1956
Levels
Two
Main-level bedrooms
0
Parking
Parking Lot
Style
Other
Construction
Brick 4 Sides
Roof
Shingle
Flooring
Hardwood
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air
Appliances
Dishwasher, Disposal, Electric Range, Electric Water Heater, Range Hood, Refrigerator
Lot
Corner Lot
Community
Fitness Center, Gated, Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
HOA
$379 monthly
Annual tax
$4,217 (2025)
County
DeKalb

Assigned schools

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

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $199,000 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$2,160/mo

Principal and interest
$1,230
Property tax
$351
Home insurance
$125
Mortgage insurance
$75
HOA dues
$379
Loan amount
$179,100
Cash down
$19,900

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 Century 21 Results, 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.

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