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536 Elmwood Road

Atlanta, GA 30318

The Rains Team
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404-620-4571
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Smart Mortgage Options
Dalton Carter
Lender
Lic. 1566538
Office:
Direct: 678-425-4140
AP Mortgage
340 Jesse Jewell Parkway
Suite 500A
Gainesville, GA 30501
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For Sale
MLS Number 10800831
5 Bedrooms
3 Bathrooms
0 Half Baths
2,127 Square Feet *estimated
Summary of 536 Elmwood Road
UNMATCHED VALUE and versatility in up-and-coming Grove Park! Zoned multi-family on a massive lot, this turnkey opportunity is priced to sell at $349,000. This fully renovated duplex delivers 5 bedrooms and 3 full bathrooms across two independent units sitting on an expansive 0.43-acre lot. Boasting a rare DOUBLE-FOOTPRINT compared to typical area parcels, this oversized lot represents a dream opportunity for both traditional homebuyers and investors alike. Recently updated from top-to-bottom with new appliances and modern finishes, this property offers incredible lifestyle and income options: * SMART HOMEOWNERSHIP ("HOUSE HACK"): Live in the spacious 3-bed, 2-bath unit and rent out the 2-bed, 1-bath suite to heavily offset your mortgage. * MULTIGENERATIONAL LIVING: Perfectly configured to keep family close, use the lower level as a private, independent "mother-in-law" suite. * PURE INVESTMENT / DEVELOPMENT: Take advantage of the rare R-5 multi-family zoning. Keep it fully occupied as a high-yield duplex generating exceptional immediate cash flow (85% government subsidized), or capitalize on the massive footprint to build additional income units, an ADU, or expand the existing structure for MAXIMUM DENSITY and equity growth. Both light-filled units feature tiled flooring and separate utility meters for effortless management. Tenants and owners will love the shared access to an enormous backyard perfect for outdoor relaxation. Conveniently located to West Midtown, Downtown Atlanta, Georgia Tech, and Mercedes-Benz Stadium with easy access to public transit for an effortless city commute. Nature lovers and outdoor enthusiasts will enjoy immediate proximity to Shirley Clarke Franklin Park (formerly Westside Park)-Atlanta's largest park with a massive reservoir and scenic city skyline views, located just 1 mile from the property. This HIGH-DEMAND LOCATION positions buyers perfectly for long-term appreciation and quality occupancy. SHOWING DETAILS: Units are occupied; no lockbox on-site. All showings require a scheduled appointment. Broker will provide access.
This 5-bed, 3-bath residence in Atlanta offers the flexibility of a non HOA setting while still providing comfortable everyday living. Thoughtfully planned, the interior provides 2,127 square feet of finished living space with an open, livable feel from room to room. A bright, open kitchen offers generous workspace, storage, and a direct view into the main gathering spaces. Open concept living and dining spaces create a comfortable setting for gatherings of all kinds. Outside, the property offers approximately 0.4 acres, giving ample room to relax, play, or plan future outdoor projects. Practical parking available makes everyday living easier for households with multiple vehicles. The location provides quick access to Atlanta amenities while offering the flexibility of living outside a subdivision with no required HOA. This home has been available for approximately 4 days and continues to attract interest. At $349,000, this home is well positioned for buyers seeking value in Atlanta.
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536 Elmwood Road - Map & Directions
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Facts & features
School District Information
High School
Middle School
Elementary School
Additional Information about
None
Association
No
Community Features
Street Lights
Walk To Public Transit
Additional Information about
536 Elmwood Road
County
Neighborhood
Year Built
1940
Appliances
Cooktop
Dishwasher
Dryer
Refrigerator
Architectural Style
Traditional
Basement
Finished
Construction Materials
Press Board
Wood Siding
Cooling
Central Air
Flooring
Carpet
Laminate
Heating
Central
Home Warranty
No
Interior Features
Attic Expandable
Tile Bath
Laundry Features
Common Area
Levels
Two
Financing Available
Cash
Conventional
FHA
Selling Status
Updated/Remodeled
Roof
Composition
Rooms
Family Room
Laundry
Sewer Type
Public Sewer
Listing Conditions
As Is
Total Finished Area
2,127
Utilities
Cable Available
Electricity Available
High Speed Internet
Underground Utilities
Water Source
Public
Finished Basement
Yes
Land Information
Lot Size
Less than .5 Acres
Lot Features
Level
Private
Lot Size Estimated
0.4
Garages and Parking Information
Parking Features
Parking Pad
Tax Information
Taxes
$2,747
Tax Year
2024
Tax ID Number
14 014600030193
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listed by real estate agent and urban key realty