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For sale

297 Burbank Drive NW, Atlanta, GA 30314

Listing by Wynd Realty Georgia

Beds
—
Baths
—
Sq ft
—
Lot
0.65 acres

About this home

297 Burbank Dr NW offers a fully renovated, fully occupied ten-unit multifamily property positioned in one of Atlanta's most rapidly developing neighborhoods. The building includes six 1-bedroom, 1-bath units of approximately 500 square feet each and four 2-bedroom, 1-bath units of approximately 750 square feet. In 2021, the entire structure underwent a comprehensive renovation that included new framing, drywall, electrical, plumbing, HVAC systems, flooring, roof, and all appliances. Since completion, the property has been consistently and professionally maintained, providing a true turnkey investment with no deferred maintenance. Every unit is occupied with long-term, stable tenants, generating reliable cash flow. Current rents remain below market, offering clear upside potential for increases without requiring additional capital improvements. The strong tenant retention reflects both the quality of the renovation and the desirability of the location. The property sits in a prime in-town Atlanta corridor, minutes from Downtown, Georgia Tech, the Atlanta University Center, Mercedes-Benz Stadium, and major transportation routes including I-20 and I-75/85. It is also close to the Atlanta BeltLine and several neighborhood parks, adding to its appeal for residents seeking walkability and outdoor access. The surrounding area continues to experience significant redevelopment and investment, driving demand and long-term appreciation. This is an ideal moment to step into a stabilized, income-producing asset with built-in growth potential in one of Atlanta's most active development zones.

Type
Multi Family
Year built
1963
HOA
None
Garage
—
Property tax (2025)
$15,000/yr
Listed
—
MLS #
10817720

Features

Heating

Central · Electric

Cooling

Central Air · Electric

Property details

Interior

Laundry:
In Unit
Levels:
Two

Exterior and lot

Lot size:
0.65 acres

Construction

Construction materials:
Brick
Foundation:
Slab
Property condition:
Resale

Utilities

Sewer:
Public Sewer
Water source:
Public
Utilities:
Electricity Individual Meters, Sewer Connected

Parking

Parking features:
Off Street, Parking Pad

Community and HOA

Subdivision:
Hunter Hills
HOA:
No

Taxes and financial

Annual tax amount:
$15,000 (2025)

Monthly cost

Estimated monthly cost

$11,016/mo

Principal & interest
$8,866
Property taxes
$1,250
Home insurance
$900

$360,000

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Nov 1, 2026Relisted$1,800,000
Aug 17, 2026Listed for sale$1,800,000

Schools

  • Hollis Innovation Academy

    Elementary

  • M R Hollis

    Middle

  • Booker T Washington

    High

School assignments can change — verify with the district before you buy.

Location

More homes in Hunter Hills

Listing information

Listing office:
Wynd Realty Georgia
Listing ID:
10817720
Status:
For sale

Source: Georgia MLS · Updated 6m ago · Nov 14, 2026, 7:15 AM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 14, 2026, 7:15 AM ET

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