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Listing Detail - Nashville Home and Farms

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Atlanta, GA 30331 477 Fairlane Circle NW

477 Fairlane Circle NW Atlanta, GA - Image 1477 Fairlane Circle NW Atlanta, GA - Image 2477 Fairlane Circle NW Atlanta, GA - Image 3
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Presented By: Rick Wiley with Coldwell Banker Realty;
  • MLS# 10794777
  • 06/28/2026
  • Request Tour
  • Request Info

Home Details

Exceptional turnkey investment opportunity with immediate cash flow! This proven income-producing asset is generating $3,600 per month with both units currently occupied by stable tenants. The property features a spacious 4-bedroom, 3-bath residence leased through the Atlanta Housing Authority at $2,000 per month and a 2-bedroom, 1-bath residence leased to a qualified tenant at $1,600 per month. Both tenants pay their own utilities, maximizing owner cash flow while minimizing operating expenses. Thoughtfully updated approximately one year ago, the property boasts new HVAC systems, new water heaters, beautifully updated kitchens, renovated bathrooms, and numerous additional improvements, providing peace of mind and significantly reducing future maintenance expenses. With its flexible layout, this property is ideally suited for a variety of investment strategies, including PadSplit housing, veteran housing, group home operations, or continued traditional long-term rentals (subject to applicable zoning and local regulations). Perfectly positioned just minutes from I-20, Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and major employment centers, the location offers exceptional convenience, strong tenant demand, and outstanding long-term appreciation potential. Whether you're adding to an established portfolio or securing your first income-producing property, this fully occupied, newly renovated property offers immediate cash flow, dependable rental income, and exceptional long-term investment potential.
Presented By: Rick Wiley with Coldwell Banker Realty;

Interior Features for 477 Fairlane Circle NW

Other Interior Features

Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
BasementNone
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NYes
Total Fireplaces

General for 477 Fairlane Circle NW

Association Fee IncludesNone
Attached Garage No
Body of WaterNone
Building Area UnitsSquare Feet
Carport Y/NNo
CityAtlanta
Community FeaturesGolf, Playground, Pool, Street Lights, Tennis Court(s), Near Public Transport, Walk To Schools, Near Shopping
Construction MaterialsBlock
CoolingAttic Fan, Ceiling Fan(s), Central Air
CountyFulton
DirectionsGPS
Electric Expense
Elementary SchoolHarper-Archer
Energy EfficientInsulation, Roof
Fuel Expense
Garage Y/NNo
Gross Income43200
HOANo
HOA Fee$
HeatingCentral
High SchoolDouglass
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet8712
Lot Size UnitsSquare Feet
MaintenanceExpense0
Middle/Junior High SchoolHarper Archer
New ConstructionNo
Number Of Units Total2
Property ConditionUpdated/Remodeled
Property SubtypeMulti Family, Duplex
Property TypeResidential Income
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameNone
Tax Annual Amount3028
Tax Year2024
UtilitiesUnderground Utilities
Year Built1960

Exterior for 477 Fairlane Circle NW

Lot Size Acres0.2
Lot Size Area8712
Lot Size SourcePublic Records
Parking FeaturesParking Pad
Total Parking4
Water SourcePublic

Additional Details

Price History

Schools

High School Douglass High School
Elementary School Harper-Archer Elementary School

Anthony Martin

Agent | Owner
Price $339,000
MLS#10794777
List Date 06/28/2026
Property Type Multi-Family
Request Tour
Request Info
Visit My Website

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