$985,000

1071 M L King Jr Drive, Atlanta, GA 30314

  • 5,544 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon7,710sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $178/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

1071 Martin Luther King Jr. Drive SW - 24-Unit Boarding/Rooming House Opportunity Prime Investment near Atlanta's BeltLine! Located just a short walk from the Atlanta BeltLine, MARTA Station, and Washington Park, this 24-unit boarding/rooming house offers excellent potential for redevelopment or income-producing housing. Washington Park features tennis courts, a natatorium, and picnic areas - adding strong appeal for future tenants. Originally built as a boarding/rooming house, the property spans three stories, each with 8 bedrooms, 2 bathrooms, and a shared kitchen - for a total of 24 rooms, 6 bathrooms, and 3 kitchens. Each room includes individual heating and A/C wall units, offering independent comfort for residents. Additional features include: On-site manager's office Existing furniture included in the sale Rear parking pad for residents or staff Property offers a fantastic opportunity to reposition or modernize the building for today's rental market. Location Highlights: Steps to BeltLine Westside Trail Close to MARTA and major transit routes Near Washington Park, Clark Atlanta University, and downtown Atlanta Ideal for Investors, Developers, or Housing Operators seeking a project with built-in potential in a rapidly improving area.

Listing Status:
Active
Date Added:
October 10, 2025 at 05:00AM
Listing Office:
Keller Williams Realty ATL Part : 770-692-0888
Listing Agent:
Monica Bernal : 678-782-7711
MLS ID:
7665171
  • General: Reception AreaRestrooms
  • Basement: Exterior EntryOther
  • Flooring: LaminateVinyl
  • A/C: Window Unit(s)
  • Heating: Other
  • Disability Feature: None
  • Eco/Green Feature: NoneNone
  • General: None
  • Parking: Parking Lot
  • Roofing: Other
  • Windows: Wood Frames
  • General: Cement SidingConcreteThree Or MoreBlockCombination
  • Road/Access: County Road
  • Originating MLS: First Multiple Listing Service
  • County: Fulton - GA
  • Zoning: SPI145563 PAGE 34314 011500100951
  • View: Other
  • Fencing: None
  • Utilities: Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater AvailableNone
  • Water: Public
  • Sewer: Public Sewer
  • Source: First Multiple Listing Service

This listing courtesy of Monica Bernal, Keller Williams Realty ATL Part

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

M. Agnes Jones Elementary School

1040 Fair St SW, Atlanta, GA, 30314

Grades EE-5

0.45 miles away

K

Kipp West Atlanta Young Scholars Academy

350 Temple St NW, Atlanta, GA, 30314

Grades 5-8

0.66 miles away

B

Booker T. Washington High School

45 Whitehouse Dr SW, Atlanta, GA, 30314

Grades 9-12

0.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.