89 Ollie Street NW, Atlanta, GA 30314
Washington Park · Fulton County
Key Facts
Description
Prime co-living investment opportunity in Atlanta’s rapidly developing Washington Park corridor! Fully vacant and ready for a new operator, this 10-bedroom / 2-bath duplex has historically generated $6,500–$6,900 per month under a previous co-living model, with area room-rental rates supporting $5,500–$7,500/mo in projected income depending on management strategy. Each level features its own private entrance, kitchen, and bath, creating two independent 5-bedroom co-living zones ideal for PadSplit-style operations, student housing, workforce housing, or transitional living. Located steps from Washington Park, the Westside BeltLine Trail, MARTA, and the AUC (Morehouse, Spelman, Clark Atlanta), this property attracts car-free tenants seeking affordable private rooms with unmatched access to transit, schools, and downtown employment centers. Investors will appreciate the strong rental demand, consistent occupancy history, and the ability to reposition the asset for higher NOI. The interior is functional and livable with basic updates, offering immediate income potential plus value-add upside through cosmetic improvements, window upgrades, and layout optimization. The lower unit includes multiple private rooms with a step-down entry; the upper unit offers larger bedrooms and a traditional layout. Both kitchens and baths are serviceable, and the property’s configuration maximizes bedroom count for high-yield co-living. This is a rare chance to acquire a fully vacant, high-density income property in one of Atlanta’s most active redevelopment zones. Whether you’re an experienced co-living operator or an investor seeking strong cash flow in an appreciating neighborhood, 89 Ollie St NW delivers scale, location, and opportunity. Sold as-is.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1930
Lot Size
0.09 acres
Lot Dimensions
50x100
Days on Market
35
MLS® Listing#
7772021
Property Features
Cooling
Heating
Parking
Fencing
Lot Features
Construction
Roof
Windows
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- M. A. Jones
- Middle:
- Herman J. Russell West End Academy
- High:
- Frederick Douglass
Financial Details
HOA
None
Annual Taxes
$3,854
Tax year 2025
Parcel Number
14 011500080849
Directions
Use GPS for best results. Street parking only.
Affordability Calculator
$67,800
Estimated monthly payment
$1,804/mo
Principal $271,200 · Est. interest $378,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Atlanta, GA
- $374,520
- Median Listing Price
- 72
- Median Days on Market
- 1,454
- Median Sq Ft
- $257
- Median Price / Sq Ft
- 9,042
- Active Listings
- This home’s price is 9% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Atlanta, GA.
Location
Points of Interest in Atlanta, GA
Showing the Atlanta area map.
Nearby Schools
Booker T. Washington High School
Secondary · 0.2 mi away
Kipp Way Academy
School · 0.5 mi away
Herndon Elementary School
Elementary · 0.5 mi away
Michael R. Hollis Innovation Academy
School · 0.6 mi away
Kennedy Middle School
Secondary · 0.6 mi away
M. Agnes Jones Elementary School
Elementary · 0.6 mi away
Turner Theological Seminary
School · 0.7 mi away
Atlanta University Center Consortium
School · 0.7 mi away
Imhotep Academy
School · 0.8 mi away
North Metro Program
School · 0.9 mi away
Atlanta Public Schools - Instructional Services Center
School · 1.0 mi away
Gate City Heritage School
School · 1.0 mi away
Bethune Elementary School
Elementary · 1.0 mi away
F. L. Stanton Elementary School
Elementary · 1.2 mi away
Kipp Strive Primary School
Elementary · 1.3 mi away
Food Processing Technology Building
School · 1.3 mi away
West End Academy
School · 1.4 mi away
Woodson Park Academy
Elementary · 1.5 mi away
Dunbar Elementary School
Elementary · 1.6 mi away
Woodson Elementary School
Elementary · 1.6 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Atlanta
Listing Courtesy: Vylla Home - 844-848-9623
Last Updated: 2026-05-14