Investor-friendly, income-producing triplex in Atlanta generating approximately $4,500 per month in stable rental revenue, offering a strong opportunity for both seasoned investors and owner-occupants seeking to house hack; renovated just two years ago, this well-maintained multifamily property features three income-generating units with Unit A leased at $1,600/month through the Atlanta Housing Authority, Unit B leased at $1,600/month through the Atlanta Housing Authority, and Unit C producing $1,300/month total across two separate rooms rented at $650/month each; Unit C may be delivered vacant at closing, providing flexibility for owner-occupancy, tenant repositioning, or rental strategy optimization; ideal for buyers seeking immediate cash flow with future upside potential in a growing Atlanta market;
Active
$489,000
862 Mitchell St SW, Atlanta, GA 30314
--beds
--baths
--sqft
Est.:
Multi Family, Triplex
Built in 1920
-- sqft lot
$480,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 12 days |
- 535 |
- 51 |
Zillow last checked:
Listing updated:
Listed by:
Rick Wiley 404-620-1400,
Coldwell Banker Realty
Source: GAMLS,MLS#: 10726577
Tour with a local agent
Facts & features
Interior
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Basement: None
- Has fireplace: No
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Body of water: None
Lot
- Size: 4,007.52 Square Feet
Details
- Parcel number: 14 010900010901
- Special conditions: Investor Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
Materials
- Brick
- Foundation: Pillar/Post/Pier
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Features: Playground, Pool, Street Lights, Tennis Court(s), Near Public Transport, Walk To Schools, Near Shopping
- Subdivision: None
HOA
- Has HOA: No
- Services included: None
Location
- Region: Atlanta
Financial & listing details
- Tax assessed value: $267,700
- Annual tax amount: $3,803
- Date on market: 4/7/2026
- Cumulative days on market: 11 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$480,100
$456,000 - $504,000
$1,824/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Listed for sale | $489,000+58.8% |
Source: | ||
| 2/3/2026 | Sold | $308,000-33% |
Source: Public Record Report a problem | ||
| 1/11/2026 | Listed for sale | $459,900-6% |
Source: | ||
| 7/29/2025 | Listing removed | $489,000 |
Source: | ||
| 6/17/2025 | Listed for sale | $489,000+6.5% |
Source: | ||
| 5/27/2025 | Listing removed | $459,000 |
Source: | ||
| 5/20/2025 | Price change | $459,000-4.2% |
Source: | ||
| 5/14/2025 | Listed for sale | $479,000+96.3% |
Source: | ||
| 5/16/2024 | Sold | $244,000-1.4% |
Source: Public Record Report a problem | ||
| 2/14/2024 | Price change | $247,500-1% |
Source: | ||
| 1/24/2024 | Listed for sale | $249,900 |
Source: | ||
| 1/16/2024 | Pending sale | $249,900 |
Source: | ||
| 1/2/2024 | Price change | $249,900-2% |
Source: | ||
| 12/6/2023 | Price change | $254,900-10.5% |
Source: | ||
| 10/10/2023 | Price change | $284,900-1.4% |
Source: | ||
| 8/23/2023 | Listed for sale | $289,000 |
Source: | ||
| 8/18/2023 | Pending sale | $289,000 |
Source: | ||
| 8/10/2023 | Listed for sale | $289,000 |
Source: | ||
| 7/20/2023 | Pending sale | $289,000 |
Source: | ||
| 6/23/2023 | Price change | $289,000-5.2% |
Source: | ||
| 6/1/2023 | Listed for sale | $304,900 |
Source: | ||
| 6/1/2023 | Listing removed | $304,900 |
Source: | ||
| 6/1/2023 | Listed for sale | $304,900 |
Source: | ||
| 5/15/2023 | Pending sale | $304,900 |
Source: | ||
| 4/27/2023 | Listed for sale | $304,900+69.4% |
Source: | ||
| 1/12/2021 | Sold | $180,000-14.3% |
Source: | ||
| 9/18/2020 | Sold | $210,000+500% |
Source: Public Record Report a problem | ||
| 7/11/2014 | Sold | $35,000 |
Source: Public Record Report a problem | ||
| 7/18/2008 | Sold | $35,000-63.2% |
Source: Public Record Report a problem | ||
| 1/16/2008 | Sold | $95,200 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,384 +44.7% | $107,080 +12.7% |
| 2023 | $3,031 +7.8% | $95,000 +36.8% |
| 2022 | $2,810 +6.6% | $69,440 +7% |
| 2021 | $2,636 -0.7% | $64,920 +1.2% |
| 2020 | $2,655 +83% | $64,120 +163.2% |
| 2019 | $1,450 | $24,360 +2.5% |
| 2018 | $1,450 | $23,760 +321.3% |
| 2017 | $1,450 +104.2% | $5,640 |
| 2016 | $710 +1% | $5,640 |
| 2015 | $704 +175.2% | $5,640 |
| 2014 | $256 +2.8% | $5,640 |
| 2013 | $249 -32.4% | $5,640 -31.9% |
| 2012 | $368 | $8,280 -51.9% |
| 2011 | -- | $17,200 -62.6% |
| 2010 | $1,727 -19.4% | $46,000 -4.5% |
| 2009 | $2,143 | $48,160 -5% |
| 2008 | -- | $50,720 -0.1% |
| 2007 | $535 | $50,760 +4.4% |
| 2005 | -- | $48,640 +3.4% |
| 2004 | $560 -71.1% | $47,040 +8.6% |
| 2003 | $1,934 | $43,320 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,688/mo
Principal & interest
$2338
Property taxes
$350
More affordability tools
Climate risks
Neighborhood: Atlanta University Center
Nearby schools
GreatSchools rating
- 2/10M. A. Jones Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Herman J. Russell West End AcademyGrades: 6-8Distance: 1.4 mi
- 2/10Booker T. Washington High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Jones
- Middle: Herman J Russell
- High: Booker T Washington
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Georgia
- Fulton County
- Atlanta
- 30314
- Atlanta University Center
- 862 Mitchell St SW




