Active
$279,900

1917 Penelope Road NW Atlanta, GA 30314

1917 Penelope Road NW Back on the Market — Appraised Above List Price!!! An incredible opportunity awaits in the rapidly revitalizing heart of West Atlanta. Welcome to 1917 Penelope Road — a spacious, four-sided brick residence that combines classic durability with investment versatility. This well-maintained home offers 6 generously sized bedrooms, 3 full bathrooms, and over 2,600 sq ft of finished living space — including a fully finished basement that opens the door to multi-generational living, rental income, or a creative house-hack setup. Structurally sound and move-in ready, this property is located in a high-demand rental zone and is Choice Housing Program (Section 8) eligible — delivering guaranteed rent and strong, ongoing tenant demand. ?? Rental Income Potential: • $2,900/month with owner-paid utilities • $2,700/month with tenant-paid utilities That’s up to $34,800 in gross annual rent from day one. Inside, the spacious floor plan offers room to grow or generate income, while the finished basement adds functional flexibility — perfect for extended family, a tenant suite, or even a rent-by-the-room model. Homes with this level of space, income potential, and affordability are increasingly rare in this fast-appreciating area. Whether you're a first-time investor, seasoned landlord, or buyer seeking long-term value with upside, 1917 Penelope Road presents an unmatched blend of immediate cash flow and future equity. ?? Don’t wait — schedule your private showing today and unlock the potential of this West Atlanta gem.

Schools

  • Elementary
    Woodson Park Academy
  • Middle
    Ralph Bunche
  • High
    Frederick Douglass
  • Location

  • Subdivision
    Penelope Neighbors
  • Zip Code
    30314
  • City
    Atlanta
  • County
    Fulton - GA
  • Property Data

  • Status
    Active
  • MLS #
    7555690
  • Type
    Residential Income
  • Special
    Sold As/Is
  • Exterior

  • Construction
    Block
  • Built In
    1957
  • Stories
    Array
  • Sewer
    Public Sewer
  • Parking
    Attached
  • Utilities
    Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Lot Dimensions
    x
  • Acres
    0.2152
  • Listing Provided Courtesy Of: Maximum One Greater Atlanta Realtors 770-919-8825

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    Data Last updated on July 12, 2025 11:24am

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