235 Walnut Street

Atlanta, GA 30314

Active $650,000
0.1304 Acres
1955 Built

About This Property

235 Walnut is the kind of opportunity that rarely hits the market—an income-producing, strategically located property with both immediate cashflow and significant long-term development upside. Whether you’re a new investor entering the market or a seasoned buyer expanding your portfolio, this asset checks every box.
This renovated studio quadruplex already generates impressive returns through a diverse mix of Airbnb and long-term rental income, giving investors the flexibility to capitalize on multiple revenue streams. With the existing updates and strong occupancy potential, there is still room to push rents and further increase NOI.
But the true value of 235 Walnut extends far beyond the current structure. The property sits on a highly desirable lot with the potential to develop 4–5 modern townhomes, allowing an investor to maximize returns through ground-up construction in a rapidly appreciating corridor. This dual-path investment—cashflow now, major upside later—makes the property a smart and strategic purchase.
Location is another major advantage. 235 Walnut is positioned in the heart of Atlanta’s most transformative growth zone, within the same vicinity as:
Centennial Yards development
The Gulch redevelopment
Georgia World Congress Center
Mercedes-Benz Stadium
This area is experiencing billions in public and private investment, creating sustained demand for short-term rentals, long-term housing, and new construction. With Atlanta set to host international events such as the 2026 World Cup, properties in this district are poised to benefit from global tourism, increased rental demand, and rising property values.
Adding to its appeal, the property sits on the edge of a newly renovated public park featuring water elements, green space, and kid-friendly amenities—a rare lifestyle advantage that enhances both rental desirability and future resale value.
235 Walnut is more than a purchase—it’s a strategic foothold in one of Atlanta’s fastest-growing investment corridors. Strong cashflow, development potential, and unmatched proximity to major city projects make this a standout opportunity for any investor focused on long-term growth and high-yield returns.

Property Details

MLS # 7742377
Property Type Residential Income
Sub Type Quadruplex
Status Active
Lot Size 0.1304 acres
Year Built 1955
County Fulton - GA
Days on Market 29
Annual Tax $5,444

Listing Provided By HomeSmart • Chaz Jenkins

Features & Amenities

Heating & Cooling

  • Heat Pump (Heating)
  • Heat Pump (Cooling)

Flooring

  • Vinyl

Community Features

  • Park

Parking

  • Driveway
  • Varies by Unit

Lot Features

  • Corner Lot

Schools

Elementary M.R. Hollis Innovation Academy
Middle M.R. Hollis Innovation Academy
High School Booker T. Washington

Mortgage Estimate

Estimated Monthly Payment -- Principal & Interest only. Does not include taxes, insurance, or HOA.

Frequently Asked Questions

How much does 235 Walnut Street cost?

235 Walnut Street is listed at $650,000.

When was 235 Walnut Street built?

This property was built in 1955.

What type of property is 235 Walnut Street?

235 Walnut Street is a Quadruplex in Atlanta, GA.

What schools serve 235 Walnut Street?

Elementary: M.R. Hollis Innovation Academy. Middle: M.R. Hollis Innovation Academy. High: Booker T. Washington.

What neighborhood is 235 Walnut Street in?

235 Walnut Street is located in Vine City, Atlanta, GA (zip code 30314).

How long has 235 Walnut Street been on the market?

This property has been listed for 29 days. The average days on market in Atlanta varies by price range and property type — contact Vesta Consulting Group for current market conditions.

What is the lot size at 235 Walnut Street?

This property sits on 0.1304 acres.

What are the property taxes at 235 Walnut Street?

Annual property taxes are approximately $5,444 (based on 2025 tax year). Actual taxes may vary based on assessed value and exemptions. 235 Walnut Street is located in Fulton - GA County.

How can I schedule a tour of 235 Walnut Street?

Contact Vesta Consulting Group at (678) 249-0839 or vesta@vcgrealty.com to schedule a private showing. You can also fill out the contact form on this page to request more information.

Schedule a Tour

Contact Vesta Consulting Group for a private showing of this property or to discuss your home search.

Ariella Faitelson Valerie Gonzalez
Vesta Consulting Group
Keller Williams Realty Intown Atlanta

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MLS# 7742377 • Last updated 2026-04-24 13:32:09

IDX provided by Vesta Consulting Group(678) 249-0839vesta@vcgrealty.com
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