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$355,000
5 Days On Site

85 Meldon AVE SE
Atlanta, GA 30315

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
1,232
SqFt
$288
/SqFt
1920
Built
Subdivision:
South Atlanta
County:
Fulton

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85 Meldon AVE SE85 Meldon AVE SE85 Meldon AVE SE85 Meldon AVE SE
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This offering presents a prime opportunity to acquire a stabilized, income-producing residential investment property located in the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totaling approximately 1,232 square feet, situated on a corner lot with a large, level backyard and convenient off-street parking. Originally utilized as a short-term rental (Airbnb), the property has since transitioned into a long-term tenancy, providing consistent monthly income and reduced management intensity. The current lease ensures immediate cash flow upon acquisition, making this an ideal turnkey investment for both new and seasoned investors. The residence was built in 1920 and extensively updated to meet modern living standards while maintaining its classic architectural character. Interior improvements include refinished hardwood flooring, a fully updated kitchen with white cabinetry and stainless-steel appliances, upgraded bathrooms, and high ceilings throughout. The exterior features low-maintenance vinyl siding and a welcoming front porch that enhances curb appeal. Strategically positioned near Downtown Atlanta, Mercedes-Benz Stadium, Hartsfield-Jackson International Airport, and the Pittsburgh Yards redevelopment, the property benefits from strong rental demand and long-term appreciation potential within this rapidly improving corridor.

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Listing Snapshot
Price 
$355,000
Days On Site 
5 Days
Bedrooms 
3
Inside Area (SqFt) 
1,232 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.149 Acres
Year Built 
1920
MLS® Number 
10626933
Status 
Active
Property Tax 
$5,144
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
5 days agoListing first seen on site
5 days agoListing updated with changes from the MLS®
General Features
Acres 
0.149
Foundation 
Slab
Garage 
Yes
Garage Spaces 
3
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
Parking Pad
Parking Spaces 
3
Property Sub Type 
Single Family Residence
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
SqFt Above 
1232
Style 
Bungalow/Cottage
Utilities 
Cable AvailableElectricity AvailableSewer AvailableWater Available
Water Source 
Public
Interior Features
Appliances 
Dishwasher
Basement 
None
Cooling 
Ceiling Fan(s)Central Air
Electric 
220 Volts
Flooring 
HardwoodTile
Heating 
CentralElectricForced Air
Interior 
Breakfast BarPantryEntrance FoyerDouble VanityHigh CeilingsTray Ceiling(s)Master DownstairsHigh Speed Internet
Laundry Features 
Laundry Closet
Main Level Bedrooms 
3
Window Features 
Insulated WindowsDouble Pane Windows
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Exterior Features
Construction Details 
Vinyl Siding
Lot Features 
Corner LotLevel
Patio And Porch 
Deck
Roof 
Composition
View 
City
Waterfront Features 
NONE
Waterview 
City
Windows/Doors 
Insulated WindowsDouble Pane Windows
Community Features
Community Features 
None
Financing Terms Available 
AssumableCashConventional
Schools
School District
Unknown
Elementary School
Slater
Middle School
Price
High School
Carver
Listing courtesy of Coldwell Banker Realty



Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this office are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Copyright © 2020-present Georgia MLS. All rights reserved.
Last checked: 2025-10-23 01:54 AM UTC

Neighborhood & Commute
Source: Walkscore
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