235 Walnut Street
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A 0.1304-acre quadruplex in Atlanta.
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
Property
Interior
Schools
Contact
Where it sits
Mortgage estimate
An estimate of your monthly payment, including principal, interest, taxes, and insurance. Property taxes for this listing are $5,444 annually.
Frequently asked questions
How much does 235 Walnut Street cost?
235 Walnut Street is listed at $650,000.
When was it built?
This property was built in 1955.
What schools serve this address?
Elementary: M.R. Hollis Innovation Academy. Middle: M.R. Hollis Innovation Academy. High: Booker T. Washington.
What is the lot size?
This property sits on 0.1304 acres.
What are the property taxes?
Annual property taxes are approximately $5,444.
How can I schedule a tour?
Use the form on this page, or contact Vesta Consulting Group at (678) 249-0839 or vesta@vcgrealty.com.
Other Atlanta listings worth considering.
Want to walk this property?
If 235 Walnut Street feels like the one — or you want to compare it against two or three other Atlanta options — the next step is a private tour with Valerie. We'll meet you there.
Valerie Gonzalez · Buyer Specialist · Vesta Consulting Group

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MLS# 7742377 · Last updated 2026-04-27 21:17:22
IDX provided by Vesta Consulting Group • (678) 249-0839 • vesta@vcgrealty.com
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Vesta Consulting Group
Keller Williams Realty Intown Atlanta
Call(678) 249-0839 Text(678) 249-0839 Emailvesta@vcgrealty.com