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  • $478,464

    240 Wellington St SW, Atlanta, GA 30314

    10beds
    3baths
    --sqft
    : 
    Multi Family
    Built in 1938
    -- sqft lot
    $471,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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!
    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#: 10578867MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 240 Wellington St SW.

    Next available tour time:Tomorrow at 9am

    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
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