757 Monroe Drive, Atlanta, GA 30308

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List Price
$1,225,000
MLS#
7855343
Status
ACTIVE
Type
Multifamily
Subtype
Quadruplex
Subdivision
Midtown

Property Description

**A Rare Midtown Opportunity | Historic Character, Income Potential & Compound Possibilities** A truly distinctive opportunity to own an entire 1930s condominium-converted quadplex in one of Midtown Atlanta’s most desirable and walkable locations. Just blocks from Piedmont Park and Ponce City Market, this exceptional property places the best of in-town living at your doorstep, with convenient access to Trader Joe’s, Whole Foods, Starbucks, local schools and Midtown’s celebrated historic energy and amenities. All four residences are currently happily leased, offering immediate rental income and flexibility for the next owner. Whether held as an income-producing investment or explored for a potential conversion into a single-family residence, the property presents a compelling opportunity for investors and visionary buyers alike, subject to applicable zoning, permitting, and feasibility requirements. Significant capital improvements include HardiePlank siding replaced in 2021, freshly painted foyer with custom lighting, a new roof installed in mid-2022 and new HVAC systems in two of the four units. Four private, off-street parking spaces behind the building add valuable convenience in this sought-after urban setting. There is also multiple, cozy outdoor patio areas in the front and rear of the building for the residences to enjoy as well. The property’s setting is equally appealing, with an adjacent school parking lot providing an unusually open feel and additional separation from neighboring residences. Adding to the opportunity, the neighboring duplex is also available for purchase. Acquiring both properties could create a rare chance to establish a private residential compound encompassing an entire corner, offering expanded ownership, greater flexibility and exciting possibilities for a discerning buyer. Whether you envision a distinctive investment portfolio, a multi-property residential retreat, or a long-term redevelopment opportunity, this is a rare chance to secure a substantial foothold in one of Atlanta’s most established and sought-after urban neighborhoods—where historic character, walkability, income potential and future possibilities converge.

Additional Information

Stories
Two
Construction
HardiPlank Type
Year Built
1920
Neighborhood Amenities
None
Roof
Composition
Parking
Parking Lot, See Remarks
Lot Desc
Other
Water
Public
Sewer
Public Sewer
Elementary School
Springdale Park
Middle School
David T Howard
High School
Midtown
Levels
Two
Taxes
$17,500

Listing courtesy of Atlanta Fine Homes Sotheby's International.

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