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$650,000
7 Days On Site

235 Walnut Street NW
Atlanta, GA 30314

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
1955
Built
Subdivision:
Vine City
County:
Fulton
Listing Courtesy Of: Chaz Jenkins of HomeSmart Broker: 470-485-5483 Prefer Ph#:me@chazmjenkins.com
235 Walnut Street NW235 Walnut Street NW235 Walnut Street NW235 Walnut Street NW
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Monthly Payment (Est.)

$2,966
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

235 Walnut is the kind of opportunity that rarely hits the market—an income-producing, strategically located property with both immediate cashflow and significant long-term development upside. Whether you’re a new investor entering the market or a seasoned buyer expanding your portfolio, this asset checks every box. This renovated studio quadruplex already generates impressive returns through a diverse mix of Airbnb and long-term rental income, giving investors the flexibility to capitalize on multiple revenue streams. With the existing updates and strong occupancy potential, there is still room to push rents and further increase NOI. But the true value of 235 Walnut extends far beyond the current structure. The property sits on a highly desirable lot with the potential to develop 4–5 modern townhomes, allowing an investor to maximize returns through ground-up construction in a rapidly appreciating corridor. This dual-path investment—cashflow now, major upside later—makes the property a smart and strategic purchase. Location is another major advantage. 235 Walnut is positioned in the heart of Atlanta’s most transformative growth zone, within the same vicinity as: Centennial Yards development The Gulch redevelopment Georgia World Congress Center Mercedes-Benz Stadium This area is experiencing billions in public and private investment, creating sustained demand for short-term rentals, long-term housing, and new construction. With Atlanta set to host international events such as the 2026 World Cup, properties in this district are poised to benefit from global tourism, increased rental demand, and rising property values. Adding to its appeal, the property sits on the edge of a newly renovated public park featuring water elements, green space, and kid-friendly amenities—a rare lifestyle advantage that enhances both rental desirability and future resale value. 235 Walnut is more than a purchase—it’s a strategic foothold in one of Atlanta’s fastest-growing investment corridors. Strong cashflow, development potential, and unmatched proximity to major city projects make this a standout opportunity for any investor focused on long-term growth and high-yield returns.

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Listing Snapshot
Price 
$650,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1304 Acres
Year Built 
1955
MLS® Number 
7742377
Status 
Active
Property Tax 
$5,444
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoStatus changed to Active
7 days agoPrice changed to $650,000
7 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.1304
Levels 
One
Number Of Stories 
1
Parking 
DrivewayVaries by Unit
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Utilities 
Cable AvailableElectricity Available
Water Source 
Public
Interior Features
Cooling 
Heat Pump
Flooring 
Vinyl
Furnished 
Unfurnished
Heating 
Heat Pump
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Exterior Features
Construction Details 
Brick
Fencing 
None
Lot Features 
Corner Lot
Roof 
Shingle
View 
CityPark/Greenbelt
Waterfront Features 
Pond
Waterview 
CityPark/Greenbelt
Community Features
Community Features 
Park
Financing Terms Available 
CashConventional
Schools
School District
Unknown
Elementary School
M.R. Hollis Innovation Academy
Middle School
M.R. Hollis Innovation Academy
High School
Booker T. Washington
Listing Courtesy Of: Chaz Jenkins of HomeSmart Broker: 470-485-5483 Prefer Ph#:me@chazmjenkins.com

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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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