Save
Ask
Tour
Hide
Share
$504,765
10 Days On Site

240 Wellington Street SW
Atlanta, GA 30314

For Sale|Residential Income|Active
0
Beds
0
Total Baths
1938
Built
Subdivision:
none
County:
Fulton

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (404) 377-9000
Is this the listing for you? We can help make it yours.
(404) 377-9000
240 Wellington Street SW240 Wellington Street SW240 Wellington Street SW240 Wellington Street SW
Save
Ask
Tour
Hide
Share

Calling All Investors! Located in the sought-after Historic Mozley Park neighborhood, this spacious 1938 home sits on a .30-acre lot and is bursting with potential. Currently configured with 10 bedrooms and 3 bathrooms, this property has operated as a successful rent-per-room investment for the past 16 years. Originally a triplex (last used as such in 2009), each unit featured 3 bedrooms and 1 bathroom—making this an ideal candidate for conversion back to a multi-family setup with the proper zoning variance. Though in the historic Mozley Park area, this property is NOT located in a historic preservation zone, giving buyers more flexibility for renovations and development. The neighborhood has seen significant upward growth over the past 3 years, with beautifully renovated homes appearing daily—and its close proximity to the Atlanta BeltLine only adds to the appeal and long-term value. Whether you're looking to restore it as a grand single-family home, reconfigure it as a profitable triplex, or continue its use as a high-yield rental, this is an opportunity you don’t want to miss. Currently tenant-occupied, and ready for its next chapter with a little vision and TLC!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$504,765
Days On Site 
10 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3 Acres
Year Built 
1938
MLS® Number 
7583915
Status 
Active
Property Tax 
$6,228
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoStatus changed to Active
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.3
Number Of Stories 
2
Parking 
None
Property Condition 
Fixer
Sewer 
Public Sewer
Stories 
Two
Utilities 
Electricity AvailableWater Available
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Central
Window Features 
Wood Frames
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
BlockBrick
Fencing 
Back YardPrivacy
Lot Features 
Corner Lot
Roof 
CompositionShingle
View 
CityNeighborhood
Waterfront Features 
None
Waterview 
CityNeighborhood
Windows/Doors 
Wood Frames
Community Features
Community Features 
None
Financing Terms Available 
Cash1031 ExchangeConventional
Schools
School District
Unknown
Elementary School
F.L. Stanton
Middle School
John Lewis Invictus Academy/Harper-Archer
High School
Frederick Douglass
Listing Provided Courtesy Of: Jami Purser of Purser Realty, LLC jami@purserteam.com

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request.



© 2017-2025 First Multiple Listing Service, Inc.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share