38 Fairburn RD SW, Atlanta, GA 30331
38 Fairburn RD SW, Atlanta, GA 30331
38 Fairburn RD SW, Atlanta, GA 30331
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Terin Delisser

Terin Delisser

+1(678) 427-2662
$1,950,000
Est. payment /mo
16,878 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 16,878 sqft

Price per Sqft $115

Subdivision No Subdivision

MLS Listing ID 7810375

Construction Status Resale

HOA Y/N No

Year Built 1966

Annual Tax Amount $45,288

Tax Year 2025

Lot Size 1.230 Acres

Acres 1.2305

Property Sub-Type Condominium

Source First Multiple Listing Service

Property Description

38 Fairburn Rd SW, Atlanta, GA 30331 — 20-Unit Multifamily Investment Opportunity.

This 20-unit apartment community presents a compelling value-add opportunity in the Adamsville submarket of Southwest Atlanta. Built in 1966 and renovated in 1990, the property spans approximately 33,756 square feet on a 1.23-acre lot, with a uniform unit mix of 2-bedroom, 1-bathroom residences offering strong appeal to the area's steady rental demand.

Priced at roughly $97,500 per unit and $58 per square foot, the asset offers an attractive basis for investors seeking to execute a renovation and repositioning strategy or add a stabilized asset to their portfolio. The property's consistent unit layout simplifies capital planning and rent-up execution across the entire building.

Located minutes from downtown Atlanta with convenient access to major thoroughfares, the property benefits from proximity to employment centers, retail, and public transit, supporting long-term tenant demand. Southwest Atlanta continues to see renewed investor interest, driven by affordability relative to neighboring submarkets and ongoing infrastructure and development activity in the broader Atlanta metro.

This is a rare opportunity to acquire a 20-unit asset at an accessible price point in a growing Atlanta submarket. Contact the listing agent for financials, due diligence materials, and showing instructions.

Location

State GA

County Fulton

Zoning RG2

Lake Name None

Rooms

Other Rooms None

Basement None

Interior

Interior Features Other

Heating Central

Cooling Central Air

Flooring Vinyl

Equipment None

Window Features None

Exterior

Parking Features Parking Lot

Fence Fenced

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Other

Roof Type Other

Street Surface Asphalt

Accessibility None

Handicap Access None

Total Parking Spaces 1

Private Pool false

Building

Lot Description Level

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick 3 Sides

Construction Status Resale

Others

Senior Community no

Tax ID 14 024300030476

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First Multiple Listing Service(FMLS)
Listed by Southern REO Associates, LLC
Terin Delisser

Terin Delisser

Broker | License ID: 368799

+1(678) 427-2662

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