Active$110,000
2 bd2 ba1,152 SFCondo
501 Carlton Road Unit 2E
Palmetto, GA 30268 · Heatherwood Condos · 43 days listed
FMLS #7837727 · Listing Provided By Atlanta Communities · 404-787-6599
Active87 days listed
501 Carlton Road Unit 1F, Palmetto, GA 30268
- 3bd
- 3ba
- 1,392SF
- 0.03ac lot
FMLS #7814402 · Listing Provided By Live Work Play Real Estate Group, LLC. · liveworkplayatl@outlook.com · Listing agent Angelique KaMil Tate
About this home
UPDATE: NEW CARPET HAS BEEN INSTALLED! USDA Eligible Location! Check with your preferred lender to confirm your eligibility. Seller will cover up to $2000 in seller paid closing costs on a full price offer. Bring your vision and make this 3-bedroom, 2.5-bath home your own! Whether you are looking for a fix-and-flip, or to purchase as a home for yourself to personalize over time, this property offers plenty of potential in a quaint Fulton County community near shopping and dining. It is also located adjacent to new-construction townhomes currently being built, adding fresh development and investment activity to the immediate area. The spacious, freshly painted deck off the kitchen is ready for summer BBQs, morning coffee, or outdoor entertaining. All appliances remain, including the stackable washer and dryer, and all window coverings stay. Major improvements include a furnace and water heater approximately one year old, a new water line from the street, and a new exterior shutoff valve. SOLD AS IS. The HOA covers insurance, roof, landscaping, and exterior maintenance, helping simplify ownership. Conveniently located approximately 18 miles from Hartsfield-Jackson Atlanta International Airport and 26 miles from Mercedes-Benz Stadium. Some photos have been virtually staged to show how thoughtful updates, furnishings, and a little creativity could transform the space. Cash, USDA, or Conventional financing. USDA eligible location. No FHA or VA financing. Polish it, personalize it, and unlock the possibilities! COPYRIGHT NOTICE: © 2026 LIVE WORK PLAY Real Estate Group, LLC. All original listing photographs, written descriptions, public remarks, private remarks, and marketing content associated with this listing are copyrighted and owned by LIVE WORK PLAY Real Estate Group, LLC. Except for display and syndication expressly authorized by the Listing Broker through the MLS, no person or entity may copy, download, reproduce, modify, republish, distribute, display, or use this content in another listing, advertisement, website, social media post, or marketing material without prior written permission from the copyright owner. Unauthorized online use may result in a DMCA takedown notice and pursuit of all other remedies available under applicable copyright law. Expiration, withdrawal, cancellation, sale, or transfer of the property does not grant permission to reuse this content. All rights reserved.
How this list price compares in Palmetto
- List price is 58% below the Palmetto median list price of $259,990 (43 homes).
- List price per square foot is 51% below the Palmetto median of $161/SF.
- All 43 homes for sale in Palmetto, 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
- 3
- Full baths
- 2
- Half baths
- 1
- Living area
- 1,392 SF
- Lot size
- 0.03 acres
- Year built
- 1975
- Levels
- Two
- Main-level bedrooms
- 0
- Parking
- Assigned
- Style
- Townhouse
- Construction
- Stone
- Roof
- Shingle
- Flooring
- Carpet, Ceramic Tile, Laminate
- Heating
- Natural Gas
- Cooling
- Ceiling Fan(s), Central Air
- Appliances
- Dryer, Gas Range, Refrigerator, Washer
- Lot
- Landscaped, Level
- HOA
- $364 monthly
- Annual tax
- $77 (2025)
- County
- Fulton
Assigned schools
- HighCreekside
- MiddleBear Creek - Fulton
- ElementaryPalmetto
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $109,900 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,216/mo
- Principal and interest
- $679
- Property tax
- $6
- Home insurance
- $125
- Mortgage insurance
- $41
- HOA dues
- $364
- Loan amount
- $98,910
- Cash down
- $10,990
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.
Similar homes for sale in Palmetto
ActiveQuestions 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 Live Work Play Real Estate Group, 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 Palmetto?
See the similar homes section on this page, or browse all homes for sale in Palmetto, 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.
- net operating income explainedHow 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 guideCash-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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