235 Walnut Street Nw, Atlanta, GA 30314
Local realty services provided by:CENTURY 21 The Avenues
235 Walnut Street Nw,Atlanta, GA 30314
$650,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: chaz jenkins
Office: homesmart
MLS#:7742377
Source:FIRSTMLS
Price summary
- Price:$650,000
About this home
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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Home facts
- Year built:1955
- Listing ID #:7742377
- Updated:May 14, 2026 at 01:25 PM
Rooms and interior
- Flooring:Vinyl
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Roof:Shingle
- Year built:1955
- Lot area:0.13 Acres
- Lot Features:Corner Lot
- Levels:1 Story
Schools
- High school:Booker T. Washington
- Middle school:M.R. Hollis Innovation Academy
- Elementary school:M.R. Hollis Innovation Academy
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Tax amount:$5,444 (2025)
Parking
- Parking description:Driveway, Varies by Unit
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