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Pending19 days listed

989 Ashby Terrace NW, Atlanta, GA 30314

  • 3bd
  • 2ba
  • 1,200SF
  • 0.2ac lot

Single-family homeWashington Park

List price

$199,900

$167/SF list

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FMLS IDXFMLS #7851746 · Listing Provided By Southern Classic Realtors · 678-635-8877 · Listing agent Kris Kolarich

Location

989 Ashby Terrace NW, Atlanta GA 30314

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About this home

Calling all investors, flippers, and renovation enthusiasts! Don't miss this fantastic opportunity to transform a classic Atlanta bungalow into your next investment project! Conveniently located just minutes from the Atlanta BeltLine Westside Trail, Washington Park, Downtown Atlanta, MARTA, and Mercedes-Benz Stadium, this property offers a great location with plenty of potential. The property is reportedly zoned R-5 with duplex potential (buyer to verify zoning and permitted uses with the City of Atlanta), offering several possibilities for its next chapter. The home features a newer roof, and the interior has already been gutted down to the studs, providing a blank canvas to bring your own vision, design, and finishing touches to life. The main level has been framed for kitchen, living room, primary suite with a private bathroom, two additional bedrooms, and a guest bathroom. Head downstairs to the full basement, which has also been framed for additional living space, two bedrooms, and a bathroom. Outside, you'll find a fenced backyard with a deck and patio overlooking a level lot, providing plenty of room for outdoor entertaining and relaxation. Whether you're looking to renovate and resell, restore the property as a duplex, or create a spacious single-family home with a finished basement and potential rental income, there are plenty of options to explore, subject to city approval and applicable rental regulations. Take a look at the surrounding property values to appreciate the potential upside this project has to offer! With much of the demolition already completed, you have the opportunity to start fresh and create something that fits today's market. Bring your contractor, designer, and imagination to see how this property can be transformed into something special. **GREAT LOCATION, FLEXIBLE FLOOR PLAN, AND PLENTY OF UPSIDE POTENTIAL!** Opportunities like this are rare, so don't let this opportunity pass you by.

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
Pending
Bedrooms
3
Full baths
2
Living area
1,200 SF
Lot size
0.2 acres
Year built
1930
Levels
One
Main-level bedrooms
3
Parking
Driveway
Basement
Exterior Entry, Full, Interior Entry, Unfinished
Style
Bungalow
Construction
Wood Siding
Roof
Composition
Flooring
Hardwood
Appliances
Other
Lot
Back Yard, Front Yard
Community
Near Schools, Near Shopping, Near Trails/Greenway, Park
HOA
No
Annual tax
$4,104 (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 $199,900 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$1,778/mo

Principal and interest
$1,236
Property tax
$342
Home insurance
$125
Mortgage insurance
$75
Loan amount
$179,910
Cash down
$19,990

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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