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  • $489,000

    862 Mitchell St SW, Atlanta, GA 30314

    --beds
    --baths
    --sqft
    : 
    Multi Family, Triplex
    Built in 1920
    -- sqft lot
    $480,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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;
    12 days
    |
    535
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rick Wiley 404-620-1400,

    Coldwell Banker Realty

    Source: GAMLS,MLS#: 10726577MLS Logo

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      Facts & features

      Interior

      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Features
      • Basement: None
      • Has fireplace: No

      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
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        Estimated market value

        $480,100

        $456,000 - $504,000

        $1,824/mo

        Price history

        DateEventPrice
        4/7/2026Listed for sale$489,000+58.8%
        Source: GAMLS #10726577 Report a problem
        2/3/2026Sold$308,000-33%
        Source: Public Record Report a problem
        1/11/2026Listed for sale$459,900-6%
        Source: FMLS GA #7702351 Report a problem
        7/29/2025Listing removed$489,000
        Source: FMLS GA #7579097 Report a problem
        6/17/2025Listed for sale$489,000+6.5%
        Source: GAMLS #10521982 Report a problem
        5/27/2025Listing removed$459,000
        Source: GAMLS #10521982 Report a problem
        5/20/2025Price change$459,000-4.2%
        Source: GAMLS #10521982 Report a problem
        5/14/2025Listed for sale$479,000+96.3%
        Source: FMLS GA #7579097 Report a problem
        5/16/2024Sold$244,000-1.4%
        Source: Public Record Report a problem
        2/14/2024Price change$247,500-1%
        Source: GAMLS #20125908 Report a problem
        1/24/2024Listed for sale$249,900
        Source: GAMLS #20125908 Report a problem
        1/16/2024Pending sale$249,900
        Source: GAMLS #20125908 Report a problem
        1/2/2024Price change$249,900-2%
        Source: GAMLS #20125908 Report a problem
        12/6/2023Price change$254,900-10.5%
        Source: GAMLS #20125908 Report a problem
        10/10/2023Price change$284,900-1.4%
        Source: GAMLS #20125908 Report a problem
        8/23/2023Listed for sale$289,000
        Source: GAMLS #20125908 Report a problem
        8/18/2023Pending sale$289,000
        Source: GAMLS #20125908 Report a problem
        8/10/2023Listed for sale$289,000
        Source: GAMLS #20125908 Report a problem
        7/20/2023Pending sale$289,000
        Source: GAMLS #20125908 Report a problem
        6/23/2023Price change$289,000-5.2%
        Source: GAMLS #20125908 Report a problem
        6/1/2023Listed for sale$304,900
        Source: GAMLS #20125908 Report a problem
        6/1/2023Listing removed$304,900
        Source: GAMLS #20069807 Report a problem
        6/1/2023Listed for sale$304,900
        Source: GAMLS #20069807 Report a problem
        5/15/2023Pending sale$304,900
        Source: GAMLS #20069807 Report a problem
        4/27/2023Listed for sale$304,900+69.4%
        Source: GAMLS #20069807 Report a problem
        1/12/2021Sold$180,000-14.3%
        Source: GAMLS #8903163 Report a problem
        9/18/2020Sold$210,000+500%
        Source: Public Record Report a problem
        7/11/2014Sold$35,000
        Source: Public Record Report a problem
        7/18/2008Sold$35,000-63.2%
        Source: Public Record Report a problem
        1/16/2008Sold$95,200
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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
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          Climate risks

          Neighborhood: Atlanta University Center

          Getting around

          72 / 100
          Very Walkable
          60 / 100
          Good Transit
          54 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          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.

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