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Fully Leased, Cash-Flowing Investment in One of Atlanta's Most Desirable Intown Neighborhoods Offered at $815,000, the property presents a rare opportunity to acquire a stabilized, cash-flowing asset in one of Atlanta's most supply-constrained and rapidly appreciating BeltLine neighborhoods. Fully leased with immediate cash flow, this turnkey investment opportunity in Ormewood Park offers stable in-place income in one of Atlanta's strongest long-term growth corridors. Located just 0.4 miles from the newly paved Atlanta BeltLine Southside Trail and within 0.5 miles of Glenwood Park's restaurants, coffee shops, breweries, fitness studios, and neighborhood retail, the property combines dependable current returns with exceptional long-term upside. A corporate-backed tenant has occupied the property continuously for the past three years and has historically renewed each term. Their continued interest in the home offers the next owner the potential for immediate, reliable income with limited vacancy exposure. Ormewood Park has consistently ranked among Atlanta's strongest appreciating intown neighborhoods, fueled by BeltLine expansion, continued redevelopment, and increasing demand from both homeowners and renters seeking walkable, amenity-rich communities. With the BeltLine now paved and easily accessible just minutes away, the property's location is well positioned to continue benefiting from one of Atlanta's most significant infrastructure investments. Current Lease Highlights Current Rent: $4,575/month ($54,900 annual gross rent) Lease Term: July 14, 2026 - July 13, 2027 Occupancy: Fully leased to four tenants under a single lease with joint and several liability. Tenant Responsibilities: Tenants pay all utilities and are responsible for routine interior upkeep and damages beyond normal wear and tear. Landlord Responsibilities: Professional landscaping, routine pest control, and major property maintenance. Financials are underwritten with actual property taxes, estimated insurance, landscaping, and pest control, along with conservative replacement reserves and maintenance allowances. The property is currently self-managed, resulting in a projected 5.04% cap rate at the asking price. Whether you're completing a 1031 exchange, expanding an Atlanta rental portfolio, or acquiring a low-maintenance investment with proven tenant demand, 585 Warwick offers an increasingly rare combination of stable in-place income, a proven leasing history, and a premier intown location. While the property provides immediate cash flow today, its proximity to the Atlanta BeltLine and Glenwood Park positions investors to benefit from continued rent growth, long-term appreciation, and sustained tenant demand for years to come.

10819471 MLS

Fully Leased, Cash-Flowing Investment in One of Atlanta's Most Desirable Intown Neighborhoods Offered at $815,000, the property presents a rare opportunity to acquire a stabilized, cash-flowing asset in one of Atlanta's most supply-constrained and rapidly appreciating BeltLine neighborhoods. Fully leased with immediate cash flow, this turnkey investment opportunity in Ormewood Park offers stable in-place income in one of Atlanta's strongest long-term growth corridors. Located just 0.4 miles from the newly paved Atlanta BeltLine Southside Trail and within 0.5 miles of Glenwood Park's restaurants, coffee shops, breweries, fitness studios, and neighborhood retail, the property combines dependable current returns with exceptional long-term upside. A corporate-backed tenant has occupied the property continuously for the past three years and has historically renewed each term. Their continued interest in the home offers the next owner the potential for immediate, reliable income with limited vacancy exposure. Ormewood Park has consistently ranked among Atlanta's strongest appreciating intown neighborhoods, fueled by BeltLine expansion, continued redevelopment, and increasing demand from both homeowners and renters seeking walkable, amenity-rich communities. With the BeltLine now paved and easily accessible just minutes away, the property's location is well positioned to continue benefiting from one of Atlanta's most significant infrastructure investments. Current Lease Highlights Current Rent: $4,575/month ($54,900 annual gross rent) Lease Term: July 14, 2026 - July 13, 2027 Occupancy: Fully leased to four tenants under a single lease with joint and several liability. Tenant Responsibilities: Tenants pay all utilities and are responsible for routine interior upkeep and damages beyond normal wear and tear. Landlord Responsibilities: Professional landscaping, routine pest control, and major property maintenance. Financials are underwritten with actual property taxes, estimated insurance, landscaping, and pest control, along with conservative replacement reserves and maintenance allowances. The property is currently self-managed, resulting in a projected 5.04% cap rate at the asking price. Whether you're completing a 1031 exchange, expanding an Atlanta rental portfolio, or acquiring a low-maintenance investment with proven tenant demand, 585 Warwick offers an increasingly rare combination of stable in-place income, a proven leasing history, and a premier intown location. While the property provides immediate cash flow today, its proximity to the Atlanta BeltLine and Glenwood Park positions investors to benefit from continued rent growth, long-term appreciation, and sustained tenant demand for years to come.

585 Warwick Street SE, Atlanta

Listing courtesy of Knapp Realty.

$664,000

Nestled in the heart of Ormewood Park, this thoughtfully maintained home offers a rare opportunity in one of Atlanta's most beloved intown neighborhoods. Located on a quiet street near the Atlanta BeltLine's newly opened Southside Trail, the home combines a versatile 1 1/2 story layout, exceptional outdoor space, and a peaceful wooded setting. Inside, light-filled living spaces and a flexible floor plan provide a wonderful blank canvas for its next owner. Thoughtful details include double-paned windows with solid wood stained trim, solid wood doors and trim, a gas fireplace, generous closet space, abundant basement storage, and energy-efficient 2x6 exterior construction. A brand-new dishwasher adds another recent update. Upstairs, high ceilings and an expansive bonus room with Berber carpet offer plenty of flexibility for a media room, home office, playroom, studio, or second living area. A full bathroom on the upper level makes the space especially useful for guests or as a private retreat. The outdoor setting is one of the property's defining features. Georgia native vines, annuals, perennials, shrubs, and trees surround the home, supported by a functional irrigation system. An oversized screened porch and recently stained deck overlook dense woods, creating a beautiful natural backdrop year-round. The home backs to approximately eight acres of adjoining greenspace and conservation easement, offering an unusual sense of privacy and connection to nature in an intown location. Additional neighborhood greenspace includes access to a basketball court, pickleball court, shuffleboard, two playgrounds, a treehouse, and picnic tables. These amenities are part of a voluntary HOA with no required fees. The home has been carefully maintained over the years, with a 50-year roof installed in 2010 with a transferable warranty, a Gutter Helmet system, and two HVAC systems, including a heat pump serving the upstairs and a main-level HVAC system replaced in March 2025. Location is another standout. In addition to being close to the BeltLine, the home is a stones throw from the neighborhood elementary and middle schools and just a few miles from the high school. Parks, restaurants, and major roadways are also conveniently nearby, giving the home an ideal balance of neighborhood living, nature, and intown accessibility. This is a rare chance to own a home that has been thoughtfully cared for by its original owner in one of Atlanta's most welcoming communities. The sellers have also completed a pre-listing inspection, giving prospective buyers additional information and peace of mind as they consider making this well-cared-for Ormewood Park home their own.

3 Beds ⋅ 2 Baths ⋅ 10840079 MLS

Nestled in the heart of Ormewood Park, this thoughtfully maintained home offers a rare opportunity in one of Atlanta's most beloved intown neighborhoods. Located on a quiet street near the Atlanta BeltLine's newly opened Southside Trail, the home combines a versatile 1 1/2 story layout, exceptional outdoor space, and a peaceful wooded setting. Inside, light-filled living spaces and a flexible floor plan provide a wonderful blank canvas for its next owner. Thoughtful details include double-paned windows with solid wood stained trim, solid wood doors and trim, a gas fireplace, generous closet space, abundant basement storage, and energy-efficient 2x6 exterior construction. A brand-new dishwasher adds another recent update. Upstairs, high ceilings and an expansive bonus room with Berber carpet offer plenty of flexibility for a media room, home office, playroom, studio, or second living area. A full bathroom on the upper level makes the space especially useful for guests or as a private retreat. The outdoor setting is one of the property's defining features. Georgia native vines, annuals, perennials, shrubs, and trees surround the home, supported by a functional irrigation system. An oversized screened porch and recently stained deck overlook dense woods, creating a beautiful natural backdrop year-round. The home backs to approximately eight acres of adjoining greenspace and conservation easement, offering an unusual sense of privacy and connection to nature in an intown location. Additional neighborhood greenspace includes access to a basketball court, pickleball court, shuffleboard, two playgrounds, a treehouse, and picnic tables. These amenities are part of a voluntary HOA with no required fees. The home has been carefully maintained over the years, with a 50-year roof installed in 2010 with a transferable warranty, a Gutter Helmet system, and two HVAC systems, including a heat pump serving the upstairs and a main-level HVAC system replaced in March 2025. Location is another standout. In addition to being close to the BeltLine, the home is a stones throw from the neighborhood elementary and middle schools and just a few miles from the high school. Parks, restaurants, and major roadways are also conveniently nearby, giving the home an ideal balance of neighborhood living, nature, and intown accessibility. This is a rare chance to own a home that has been thoughtfully cared for by its original owner in one of Atlanta's most welcoming communities. The sellers have also completed a pre-listing inspection, giving prospective buyers additional information and peace of mind as they consider making this well-cared-for Ormewood Park home their own.

919 Walker Avenue, Atlanta

Listing courtesy of Adams Realtors.

$599,000

Recently renovated in sought-after North Ormewood Park, this beautifully updated three-bedroom, two-bath bungalow features vaulted ceilings, hardwood flooring throughout, and an impressive primary suite. Ideally located just two blocks from the Atlanta BeltLine Eastside Trail, the home offers an exceptional combination of timeless character, modern finishes, and convenient intown living. The open living and dining areas flow naturally into the updated kitchen with quartz countertops, stainless steel appliances, ample storage, and a convenient washer/dryer combination. Hardwood flooring throughout creates a cohesive feel, while vaulted ceilings enhance the home's architectural character and sense of openness. The impressive primary suite is a private retreat with vaulted ceilings, generous closet space with a customizable organization system, and a beautifully renovated bath featuring dual vanities, luxury tile, and elevated fixtures. Two additional bedrooms provide flexibility for guests, a home office, or additional living space. This recently renovated home also offers a private backyard and an exceptional North Ormewood Park location moments from Glenwood Park, East Atlanta Village, Madison Yards, Grant Park, and some of Atlanta's most popular dining, shopping, and entertainment destinations.

3 Beds ⋅ 2 Baths ⋅ 10876932 MLS

Recently renovated in sought-after North Ormewood Park, this beautifully updated three-bedroom, two-bath bungalow features vaulted ceilings, hardwood flooring throughout, and an impressive primary suite. Ideally located just two blocks from the Atlanta BeltLine Eastside Trail, the home offers an exceptional combination of timeless character, modern finishes, and convenient intown living. The open living and dining areas flow naturally into the updated kitchen with quartz countertops, stainless steel appliances, ample storage, and a convenient washer/dryer combination. Hardwood flooring throughout creates a cohesive feel, while vaulted ceilings enhance the home's architectural character and sense of openness. The impressive primary suite is a private retreat with vaulted ceilings, generous closet space with a customizable organization system, and a beautifully renovated bath featuring dual vanities, luxury tile, and elevated fixtures. Two additional bedrooms provide flexibility for guests, a home office, or additional living space. This recently renovated home also offers a private backyard and an exceptional North Ormewood Park location moments from Glenwood Park, East Atlanta Village, Madison Yards, Grant Park, and some of Atlanta's most popular dining, shopping, and entertainment destinations.

461 Glenwood Place SE, Atlanta

Listing courtesy of Coldwell Banker Realty.

$575,000

New Price! Nestled in the heart of Ormewood Park just a few blocks from the newly opened Eastside Atlanta Beltline, this charming home combines comfort, functionality, and exceptional outdoor living. Situated on a large flat lot, this home offers a flexible floor plan with an option for primary suite on main or enjoy a private upstairs owner's retreat with balcony views overlooking the peaceful, beautifully landscaped backyard. Two additional bedrooms, a second full bath, spacious living room, and separate office are located on the main level. The bright kitchen offers abundant counter space, updated soft-close cabinetry with pull out drawers and spice rack, quartz counters, a custom dining nook with built-in storage, and direct access to the deck for easy indoor-outdoor entertaining. Outside, the deep, private backyard is a true retreat, professionally landscaped with cottage garden charm. A recently rebuilt detached one-car garage provides additional storage and parking, with a dedicated level driveway for 3+ cars. Lovingly maintained and updated, this move-in ready home features a newer roof with transferable warranty, recently painted exterior, encapsulated crawlspace, recent HVACs and water heater, newer double-pane windows with screens, fresh indoor paint, and a new low-maintenance composite deck for grilling and entertaining. An easy walk to the newly opened Atlanta Beltline Eastside segment, Ormewood Square's restaurants and ice cream shop, and the dining, nightlife, and live music of East Atlanta Village. Convenient to downtown Atlanta and ATL Airport. This home offers THE BEST of intown living!

3 Beds ⋅ 2 Baths ⋅ 10840078 MLS

New Price! Nestled in the heart of Ormewood Park just a few blocks from the newly opened Eastside Atlanta Beltline, this charming home combines comfort, functionality, and exceptional outdoor living. Situated on a large flat lot, this home offers a flexible floor plan with an option for primary suite on main or enjoy a private upstairs owner's retreat with balcony views overlooking the peaceful, beautifully landscaped backyard. Two additional bedrooms, a second full bath, spacious living room, and separate office are located on the main level. The bright kitchen offers abundant counter space, updated soft-close cabinetry with pull out drawers and spice rack, quartz counters, a custom dining nook with built-in storage, and direct access to the deck for easy indoor-outdoor entertaining. Outside, the deep, private backyard is a true retreat, professionally landscaped with cottage garden charm. A recently rebuilt detached one-car garage provides additional storage and parking, with a dedicated level driveway for 3+ cars. Lovingly maintained and updated, this move-in ready home features a newer roof with transferable warranty, recently painted exterior, encapsulated crawlspace, recent HVACs and water heater, newer double-pane windows with screens, fresh indoor paint, and a new low-maintenance composite deck for grilling and entertaining. An easy walk to the newly opened Atlanta Beltline Eastside segment, Ormewood Square's restaurants and ice cream shop, and the dining, nightlife, and live music of East Atlanta Village. Convenient to downtown Atlanta and ATL Airport. This home offers THE BEST of intown living!

942 Gilbert Street SE, Atlanta

Listing courtesy of HomeSmart.

$500,000

A little more than a bungalow-and a setup that's hard to find in Ormewood Park. 1149 Woodland combines a classic 2-bedroom/1-bath main house with a detached efficiency-style ADU, all on an unusually large, approximately half-acre lot. The main house offers the character and manageable scale of a 1920s bungalow, along with an updated kitchen and comfortable everyday living space. Tucked behind it, the detached ADU has its own kitchen and full bath, creating real flexibility for rental income, guests, extended family, or a separate work-from-home space. The ADU has a long rental history and previously generated approximately $1,100 per month, according to the seller. For an owner-occupant, it's an opportunity to have part of the property help offset the cost of ownership while maintaining separation and privacy between the two spaces. For an investor or buyer drawn to a small multifamily-style opportunity, the two separate living spaces create multiple options for rental income, flexible occupancy, or a combination of both. Bedroom and bathroom counts are distributed across two buildings. Main house: 966 SF with 2 bedrooms, 1 bath; ADU: 320 SF with a kitchenette and a full bath. The deep lot is another standout-considerably more land than is typical for nearby homes, with room to enjoy the property today while preserving flexibility for the future. Convenient to the Atlanta BeltLine, neighborhood parks, Grant Park, East Atlanta Village, and everything that makes Ormewood Park such a sought-after in-town neighborhood.

2 Beds ⋅ 1 Baths ⋅ 10868280 MLS

A little more than a bungalow-and a setup that's hard to find in Ormewood Park. 1149 Woodland combines a classic 2-bedroom/1-bath main house with a detached efficiency-style ADU, all on an unusually large, approximately half-acre lot. The main house offers the character and manageable scale of a 1920s bungalow, along with an updated kitchen and comfortable everyday living space. Tucked behind it, the detached ADU has its own kitchen and full bath, creating real flexibility for rental income, guests, extended family, or a separate work-from-home space. The ADU has a long rental history and previously generated approximately $1,100 per month, according to the seller. For an owner-occupant, it's an opportunity to have part of the property help offset the cost of ownership while maintaining separation and privacy between the two spaces. For an investor or buyer drawn to a small multifamily-style opportunity, the two separate living spaces create multiple options for rental income, flexible occupancy, or a combination of both. Bedroom and bathroom counts are distributed across two buildings. Main house: 966 SF with 2 bedrooms, 1 bath; ADU: 320 SF with a kitchenette and a full bath. The deep lot is another standout-considerably more land than is typical for nearby homes, with room to enjoy the property today while preserving flexibility for the future. Convenient to the Atlanta BeltLine, neighborhood parks, Grant Park, East Atlanta Village, and everything that makes Ormewood Park such a sought-after in-town neighborhood.

1149 Woodland Avenue SE, Atlanta

Listing courtesy of Keller Williams Atlanta Midtown.

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