Active$219,900
3 bd2 ba1,410 SFSingle-family home
1559 Old Concord Road SE
Marietta, GA 30060 · Homesite · 53 days listed
FMLS #7833028 · Listing Provided By Chapman Hall Realty · 404-797-2245
Pending34 days listed
488 Lawrence Street, Marietta, GA 30060
- 3bd
- 1ba
- 984SF
- 0.23ac lot
FMLS #7844955 · Listing Provided By Nibbs and Associates Realty · 855-445-8460 · Listing agent Sharon Nibbs
About this home
Prime investment opportunity in the heart of Historical Marietta! Ready for a new vision, this diamond in the rough offers an opportunity to fully renovate the existing home, explore expanding, or adding a second residence on the lot. It has a convenient location within walking distance of Marietta Square, offering quick access to restaurants, shops, local government buildings, a community center, and a recreation park. The home is being sold “AS IS”. Cash Only
How this list price compares in Marietta
- List price is 58% below the Marietta median list price of $499,000 (1,368 homes).
- Compared with 1,080 single-family homes in Marietta: 62% below the median of $549,900.
- List price per square foot is 2% above the Marietta median of $208/SF.
- All 1,368 homes for sale in Marietta, GA.
- 3,541 homes for sale in Cobb 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
- Pending
- Bedrooms
- 3
- Full baths
- 1
- Living area
- 984 SF
- Lot size
- 0.23 acres
- Year built
- 1962
- Levels
- One
- Main-level bedrooms
- 3
- Parking
- Driveway
- Style
- Bungalow
- Construction
- Other, Wood Siding
- Roof
- Composition
- Flooring
- Other
- Heating
- Electric
- Cooling
- Electric
- Appliances
- Other
- Lot
- Back Yard, Front Yard
- HOA
- No
- County
- Cobb
Assigned schools
- HighMarietta
- MiddleMarietta
- ElementaryA.L. Burruss
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $210,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,660/mo
- Principal and interest
- $1,298
- Property tax
- $158
- Home insurance
- $125
- Mortgage insurance
- $79
- HOA dues
- $0
- Loan amount
- $189,000
- Cash down
- $21,000
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 about 0.9% of price per year; 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 Nibbs and Associates Realty, so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Pending) 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 Marietta?
See the similar homes section on this page, or browse all homes for sale in Marietta, 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.
- churches for saleChurch buildings and sanctuaries for sale statewide.
- apartment buildings for sale in MariettaApartment buildings for sale in Marietta, GA.
- Georgia warehouse buildings for saleWarehouse and distribution buildings for sale.
Investor research and tools
- Georgia multifamily cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- NOI for apartment buildingsHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR explained for multifamilyDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- what a good cash-on-cash return isCash-on-cash return on apartment buildings: the formula, a worked deal, and Georgia asks at today's rates.
- capitalization rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- cash-on-cash return 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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