Active$285,000
1 bd1 ba874 SFCondo
325 E Paces Ferry Road NE Unit 1107
Atlanta, GA 30305 · Paces 325 · 119 days listed
FMLS #7796858 · Listing Provided By Hester Group REALTORS · 404-495-8392
Active236 days listed
542 Ralph Mcgill Boulevard NE Unit 7, Atlanta, GA 30312
- 1bd
- 1ba
- 722SF
- 0.02ac lot
FMLS #7729431 · Listing Provided By 1st Class Real Estate-Lanier Group · 706-701-9011 · Listing agent Melissa Horbelt
Location
542 Ralph Mcgill Boulevard NE Unit 7, Atlanta GA 30312
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About this home
Major Price Improvement – Exceptional Value in Old Fourth Ward Welcome to 542 Ralph McGill Blvd, ideally located near the Atlanta BeltLine, Ponce City Market, and top dining and entertainment. This condo offers a functional layout, abundant natural light, and the convenience of gated access and assigned parking. Recent price adjustment makes this one of the best values in the area. Whether you’re a first-time buyer, investor, or looking for intown living, this property presents a strong opportunity. **Photos reflect prior staged, property is now vacant** Sale is subject to third party ( lender) approval. Seller and listing broker make no representations or guarantees regarding the approval or timeline. Property is now vacant.
How this list price compares in Atlanta
- List price is 25% below the Atlanta median list price of $380,000 (5,382 homes).
- Compared with 1,862 condos in Atlanta: 3% below the median of $295,000.
- List price per square foot is 55% above the Atlanta median of $255/SF.
- All 5,382 homes for sale in Atlanta, GA.
- 6,734 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
- Condo
- Status
- Active
- Bedrooms
- 1
- Full baths
- 1
- Living area
- 722 SF
- Lot size
- 0.02 acres
- Year built
- 1955
- Levels
- One
- Main-level bedrooms
- 1
- Parking
- Parking Lot
- Style
- Townhouse
- Construction
- Concrete
- Roof
- Concrete
- Flooring
- Hardwood
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Appliances
- Dishwasher, Microwave, Refrigerator, Tankless Water Heater, Washer
- Lot
- Other
- Community
- Near Beltline, Near Public Transport, Near Shopping, Park, Restaurant
- HOA
- $350 monthly
- Annual tax
- $5,642 (2025)
- County
- Fulton
Assigned schools
- HighMidtown
- MiddleDavid T Howard
- ElementaryJohn Hope-Charles Walter Hill
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $285,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$2,814/mo
- Principal and interest
- $1,762
- Property tax
- $470
- Home insurance
- $125
- Mortgage insurance
- $107
- HOA dues
- $350
- Loan amount
- $256,500
- Cash down
- $28,500
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 1st Class Real Estate-Lanier Group, 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
- apartment complexes for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment properties in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
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Investor research and tools
- Georgia multifamily cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- multifamily NOI guideHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR loan guideDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- cash-on-cash return on apartment buildingsCash-on-cash return on apartment buildings: the formula, a worked deal, and Georgia asks at today's rates.
- cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- multifamily deal analyzerRent 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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