2794 7th Street SW
Atlanta, GA 30315
$349,000
First-Time Homebuyer (FHH) Special – Income-Producing Duplex with Easy Triplex Conversion! This property is currently generating approximately $4,000/month on Airbnb, set up as a duplex with a 1,200 sq ft main living area, and can be easily converted into a triplex by finishing the basement into a 2 bed / 1 bath unit. Seller is offering $15,000 toward buyer closing costs with full asking price. Take advantage of this unique opportunity for first-time buyers to live in one unit while generating rental income—or rent all three units for maximum returns. The property also qualifies for up to $9,000 in first-time homebuyer grant assistance (subject to buyer eligibility). Front unit is grossing approx. $575/week on Airbnb – turnkey short-term rental income. Live in one unit and rent the others, or operate all as Airbnb units. Unfinished basement can be converted into a 2 bed / 1 bath third unit for approx. $40,000. Once converted, the property is projected to gross up to $80,000/year renting all three units. Estimated After-Repair Value (ARV): Upper $300,000s – solid equity and income upside. Ideal for house hackers, first-time buyers, or investors looking for a high-yield, value-add opportunity in a growing market. Let me know if you'd like this adapted for: MLS listing Real estate flyer Social media post Investor pitch deck (with rent breakdowns or cap rate projections)
- SubdivisionHammond Parks
- Zip Code30315
- CityAtlanta
- CountyFulton - GA
Location
- ElementaryEmma Hutchinson
- JuniorCrawford Long
- HighSouth Atlanta
Schools
- StatusActive
- MLS #7583035
- TypeResidential
MLS Data
- Bedrooms4
- Bathrooms2
- Bedroom DescriptionIn-Law Floorplan, Roommate Floor Plan, Split Bedroom Plan
- BasementDaylight, Exterior Entry, Full, Unfinished, Walk-Out Access
- KitchenEat-in Kitchen
- AppliancesElectric Water Heater, Gas Cooktop, Gas Oven/Range/Countertop, Microwave, Refrigerator
- HVACGas
Interior Details
- Built In1932
- StoriesArray
- ParkingOn Street
- FeaturesPrivate Entrance, Private Yard
- UtilitiesElectricity Available, Natural Gas Available
- SewerPublic Sewer
- Lot Dimensionsx
- Acres0.2044
Exterior Details
Listing Provided Courtesy Of: Keller Williams Realty Atl North 770-509-0700
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Data Last updated on July 9, 2025 2:04am