2794 7th ST SW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30315
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $178
Subdivision Hammond Parks
MLS Listing ID 7583035
Style Other
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1932
Annual Tax Amount $2,938
Tax Year 2024
Lot Size 8,903 Sqft
Acres 0.2044
Property Sub-Type Single Family Residence
Source First Multiple Listing Service
Property Description
First-Time Homebuyer (FHH) Special – Income-Producing Duplex with Easy Triplex Conversion!
This property is currently generating approximately $4,000/month on Airbnb, set up as a duplex with a 1,200 sq ft main living area, and can be easily converted into a triplex by finishing the basement into a 2 bed / 1 bath unit. Seller is offering $15,000 toward buyer closing costs with full asking price.
Take advantage of this unique opportunity for first-time buyers to live in one unit while generating rental income—or rent all three units for maximum returns. The property also qualifies for up to $9,000 in first-time homebuyer grant assistance (subject to buyer eligibility).
Front unit is grossing approx. $575/week on Airbnb – turnkey short-term rental income.
Live in one unit and rent the others, or operate all as Airbnb units.
Unfinished basement can be converted into a 2 bed / 1 bath third unit for approx. $40,000.
Once converted, the property is projected to gross up to $80,000/year renting all three units.
Estimated After-Repair Value (ARV): Upper $300,000s – solid equity and income upside.
Ideal for house hackers, first-time buyers, or investors looking for a high-yield, value-add opportunity in a growing market.
Let me know if you'd like this adapted for:
MLS listing
Real estate flyer
Social media post
Investor pitch deck (with rent breakdowns or cap rate projections)
Location
State GA
County Fulton
Area Hammond Parks
Lake Name None
Rooms
Bedroom Description In-Law Floorplan,Roommate Floor Plan,Split Bedroom Plan
Other Rooms Other
Basement Daylight,Exterior Entry,Full,Unfinished,Walk-Out Access
Main Level Bedrooms 4
Dining Room Other
Kitchen Eat-in Kitchen
Interior
Interior Features Other
Heating Natural Gas
Cooling Gas
Flooring Luxury Vinyl
Fireplaces Type None
Equipment None
Window Features None
Appliance Electric Water Heater,Gas Cooktop,Gas Oven,Microwave,Refrigerator
Laundry Electric Dryer Hookup,Main Level
Exterior
Exterior Feature Private Entrance,Private Yard
Parking Features On Street
Fence Back Yard,Fenced,Front Yard
Pool None
Community Features None
Utilities Available Electricity Available,Natural Gas Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Other
Street Surface Concrete
Accessibility None
Handicap Access None
Porch Front Porch
Private Pool false
Building
Lot Description Other
Story One
Foundation None
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories One
Structure Type Other
Construction Status Resale
Schools
Elementary Schools Emma Hutchinson
Middle Schools Crawford Long
High Schools South Atlanta
Others
Senior Community no
Restrictions false
Tax ID 14 009300020270