Your Guide to Moving, Living, and Thriving in Metro Atlanta

1033 Palmetto Ave SW; Atlanta, GA 30314

$410,000

High Cash-Flow Investment Opportunity! This spacious 7BD/2BA single-family home offers exceptional income potential, with the ability to generate over $6,000/month at full occupancy. Currently more than 50% occupied, the property presents immediate upside for increased cash flow. An unfinished basement provides an excellent opportunity for value-add improvements—perfect for expanding living space, adding rooms, or boosting rental income. Ideal for rooming rentals, portfolio expansion, or long-term investors seeking strong, scalable cash-flow returns.
Key Facts
  • Style:
  • Year Built: 1940
  • Status: Active
Schools
  • Elementary School: M. A. Jones
  • Middle School: Herman J. Russell West End Academy
  • High School: Booker T. Washington
Bedrooms
  • Beds Total: 7
Bathrooms
  • Baths Full: 2
  • Baths Half: 0
  • Main Full Baths: 2
  • Master Bath Features: None

Learn more about this property...

Private & Public Schools Nearby

  • 1 / 5
    Below
    Avg

    M. A. Jones Elementary School

    3050 COLLIER DRIVE, NW; Atlanta, GA 30314
    Public PK-5th  |  541 students
    Metro Atlanta School Rank: 970th
  • 0 / 5
    Below
    Avg

    Booker T. Washington High School

    45 Whitehouse Dr SW; Atlanta, GA 30314
    Public 9th-12th  |  722 students
    Metro Atlanta School Rank: 399th

Similar Properties Nearby

Listing Provided Courtesy Of:
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. © 2026 FMLS.

For issues regarding this website (and/or listing search engine, as applicable) please contact KNOWAtlanta - 770-650-1102

Listing information last updated on January 19, 2026