Calling All Investors! Located in the sought-after Historic Mozley Park neighborhood, this spacious 1938 home sits on a .30-acre lot and is bursting with potential. Currently configured with 10 bedrooms and 3 bathrooms, this property has operated as a successful rent-per-room investment for the past 16 years. Originally a triplex (last used as such in 2009), each unit featured 3 bedrooms and 1 bathroom-making this an ideal candidate for conversion back to a multi-family setup with the proper zoning variance. Though in the historic Mozley Park area, this property is NOT located in a historic preservation zone, giving buyers more flexibility for renovations and development. The neighborhood has seen significant upward growth over the past 3 years, with beautifully renovated homes appearing daily-and its close proximity to the Atlanta BeltLine only adds to the appeal and long-term value. Whether you're looking to restore it as a grand single-family home, reconfigure it as a profitable triplex, or continue its use as a high-yield rental, this is an opportunity you don't want to miss. Currently tenant-occupied, and ready for its next chapter with a little vision and TLC!
Active
$478,464
240 Wellington St SW, Atlanta, GA 30314
10beds
3baths
--sqft
Est.:
Multi Family
Built in 1938
-- sqft lot
$471,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 13 days
- on Zillow |
- 466 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 08:40am
Listed by:
Jami Purser 470-718-1234,
Purser Realty
Source: GAMLS,MLS#: 10578867

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 3
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Laundry: In Unit
Features
- Basement: Crawl Space
- Has fireplace: No
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.3 Acres
Details
- Parcel number: 14 014100090952
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Concrete
Condition
- Resale
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: None
- Subdivision: none
HOA
- Has HOA: No
- Services included: None
Location
- Region: Atlanta
Financial & listing details
- Tax assessed value: $380,300
- Annual tax amount: $6,228
- Date on market: 8/6/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
- Loading
- Loading