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Active under contract
    • $289,900

    85 Meldon Ave SE, Atlanta, GA 30315

    3beds
    1,232sqft
    : 
    Single Family Residence
    Built in 1920
    6,490.44 Square Feet Lot
    $284,000 Zestimate®
    $235/sqft
    $-- HOA

    What's special

    High ceilings throughoutLarge level backyardConvenient off-street parkingLow-maintenance vinyl sidingUpgraded bathroomsCorner lotRefinished hardwood flooring
    This offering presents a prime opportunity to acquire a stabilized, income-producing residential investment property located in the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totaling approximately 1,232 square feet, situated on a corner lot with a large, level backyard and convenient off-street parking. Originally utilized as a short-term rental (Airbnb), the property has since transitioned into a long-term tenancy, providing consistent monthly income and reduced management intensity. The current lease ensures immediate cash flow upon acquisition, making this an ideal turnkey investment for both new and seasoned investors. The residence was built in 1920 and extensively updated to meet modern living standards while maintaining its classic architectural character. Interior improvements include refinished hardwood flooring, a fully updated kitchen with white cabinetry and stainless-steel appliances, upgraded bathrooms, and high ceilings throughout. The exterior features low-maintenance vinyl siding and a welcoming front porch that enhances curb appeal. Strategically positioned near Downtown Atlanta, Mercedes-Benz Stadium, Hartsfield-Jackson International Airport, and the Pittsburgh Yards redevelopment, the property benefits from strong rental demand and long-term appreciation potential within this rapidly improving corridor.
    30 days
    |
    1,154
    |
    105
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 25, 2026 at 01:39pm

    Listed by:

    Shantia Whitfield 404-324-9139,

    Coldwell Banker Realty

    Source: GAMLS,MLS#: 10707046MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Foyer, Other
      Kitchen
      • Features: Breakfast Bar, Pantry
      Heating
      • Central, Electric, Forced Air
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher
      • Laundry: Laundry Closet
      Features
      • Double Vanity, High Ceilings, Master On Main Level, Tray Ceiling(s)
      • Flooring: Hardwood, Tile
      • Windows: Double Pane Windows
      • Basement: None
      • Has fireplace: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,232
      • Total interior livable area: 1,232 sqft
      • Finished area above ground: 1,232
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Parking Pad
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Has view: Yes
      • View description: City
      • Body of water: None
      Lot
      • Size: 6,490.44 Square Feet
      • Features: Corner Lot, Level
      Details
      • Parcel number: 14 005700050172
      • Special conditions: Investor Owned

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow/Cottage
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Electric: 220 Volts
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: None
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: South Atlanta
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Atlanta

      Financial & listing details

      • Price per square foot: $235/sqft
      • Tax assessed value: $314,100
      • Annual tax amount: $5,144
      • Date on market: 3/9/2026
      • Cumulative days on market: 30 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Assumable,Cash,Conventional
      • Electric utility on property: Yes
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        Estimated market value

        $284,000

        $270,000 - $298,000

        $1,937/mo

        Price history

        Price history
        DateEventPrice
        4/5/2026Pending sale$289,900$235/sqft
        Source: FMLS GA #7731909 Report a problem
        3/9/2026Listed for sale$289,900-10.8%$235/sqft
        Source: FMLS GA #7731909 Report a problem
        3/2/2026Listing removed$325,000$264/sqft
        Source: GAMLS #10626933 Report a problem
        1/26/2026Price change$325,000+6.6%$264/sqft
        Source: GAMLS #10626933 Report a problem
        12/8/2025Price change$305,000-14.1%$248/sqft
        Source: GAMLS #10626933 Report a problem
        10/17/2025Listed for sale$355,000-10.1%$288/sqft
        Source: FMLS GA #7667135 Report a problem
        5/8/2024Listing removed--
        Source: FMLS GA #7330764 Report a problem
        1/30/2024Listed for rent$2,400$2/sqft
        Source: FMLS GA #7330764 Report a problem
        1/23/2024Listing removed$395,000$321/sqft
        Source: FMLS GA #7304212 Report a problem
        12/7/2023Price change$395,000-14.1%$321/sqft
        Source: FMLS GA #7304212 Report a problem
        11/16/2023Listed for sale$460,000+67.3%$373/sqft
        Source: FMLS GA #7304212 Report a problem
        9/3/2023Listing removed--
        Source: FMLS GA #6916228 Report a problem
        9/2/2021Sold$275,000-3.5%$223/sqft
        Source: FMLS GA #6916228 Report a problem
        7/31/2021Pending sale$285,000$231/sqft
        Source: FMLS GA #6916228 Report a problem
        7/16/2021Listed for sale$285,000$231/sqft
        Source: FMLS GA #6916228 Report a problem
        6/16/2021Contingent$285,000$231/sqft
        Source: GAMLS #8907306 Report a problem
        6/16/2021Pending sale$285,000$231/sqft
        Source: GAMLS #8907306 Report a problem
        5/5/2021Price change$285,000-1.7%$231/sqft
        Source: GAMLS #8907306 Report a problem
        4/2/2021Price change$290,000-1.2%$235/sqft
        Source: GAMLS #8907306 Report a problem
        2/7/2021Price change$293,500-2.1%$238/sqft
        Source: GAMLS #8907306 Report a problem
        1/3/2021Listed for sale$299,900+216%$243/sqft
        Source: KELLER WILLIAMS REALTY AME #8907306 Report a problem
        5/19/2020Listing removed$94,900$77/sqft
        Source: EXP Realty LLC #8773856 Report a problem
        5/19/2020Pending sale$94,900+5.4%$77/sqft
        Source: EXP Realty LLC #8773856 Report a problem
        5/7/2020Sold$90,000+38.5%$73/sqft
        Source: FMLS GA #6710661 Report a problem
        3/20/2020Sold$65,000-31.5%$53/sqft
        Source: Public Record Report a problem
        3/20/2020Listed for sale$94,900$77/sqft
        Source: Owner Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$5,144 +39.1%$125,640 +8.4%
        2023$3,697 -6.4%$115,880 +18.7%
        2022$3,950 +53.4%$97,600 +58.4%
        2021$2,575 +69.9%$61,600 +68.3%
        2020$1,515 +318.1%$36,600 +0.8%
        2019$362 $36,320 +261.8%
        2018$362 $10,040 +4.1%
        2017$362 +1.3%$9,640
        2016$358 +2407.4%$9,640
        2015$14 -90.9%$9,640
        2014$156 $9,640 +9.5%
        2013-- $8,800
        2012$11 $8,800 -64.9%
        2011-- $25,080
        2010$30 $25,080
        2009-- $25,080 -11.4%
        2008-- $28,320
        2007-- $28,320 +14.2%
        2005-- $24,800 +3.2%
        2004-- $24,040 +3.4%
        2003-- $23,240 +12.4%
        2002-- $20,680 +7.9%
        2001$53 $19,160

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $1,606/mo
        Principal & interest
        $1398
        Property taxes
        $208
        More affordability tools

          Climate risks

          Neighborhood: South Atlanta

          Getting around

          52 / 100
          Somewhat Walkable
          40 / 100
          Some Transit
          27 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Slater
          • Middle: Price
          • High: Carver

          Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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