15
588 Parkway Drive Ne, Atlanta, Georgia 30308
  • Property Type
  • Quadruplex, Residential Income
  • Area Size
588 Parkway Drive Ne, Atlanta, Georgia 30308
  • $899,000

Description

Charming 1920s fourplex directly across from The Darwin boutique hotel in the heart of Old Fourth Ward – steps to Ponce City Market, the BeltLine, and Central Park. Four cozy one-bedroom units with updated kitchens and flooring, new roof (2018) and HVAC (2019). Under the same ownership since 1990, three units are leased at rents well under today’s market, and the fourth just turned over – freshly cleaned and ready for a quick refresh before re-renting at market rate. Live in one unit and rent the other three, or hold as a turnkey investment with built-in upside. Priced $300K below the county’s own assessed value. Walk Score 90. A rare owner-occupant or investor opportunity in one of Atlanta’s hottest walkable neighborhoods. The deep 7, 501-square-foot RG-4 lot also includes a substantial open area at the rear, offering intriguing long-term possibilities subject to zoning and City approval. Purchase 588 individually or consider the unique opportunity to acquire it together with adjacent 590 Parkway Drive, also offered for sale.

  • Address: 588 Parkway Drive Ne, Atlanta, Georgia 30308
  • City: Atlanta
  • State/county: GA
  • Zip/Postal Code: 30308
  • Area: Old Fourth Ward

Details

Updated on August 20, 2026 at 12:02 pm
  • Property ID 7823736
  • Price $899,000
  • Land Area 0.1722 m²
  • Year Built 1920
  • Property Type Quadruplex, Residential Income
  • Property Status Active, For Sale

Additional details

  • Roof Asbestos Shingle
  • Utilities Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Sewer Public Sewer
  • Cooling Central Air, Wall Unit(s)
  • Heating Central
  • Flooring Hardwood, Laminate
  • County Fulton - GA
  • Property Type Residential Income
  • Parking Parking Lot
  • Elementary School John Hope-Charles Walter Hill
  • Middle School David T Howard
  • High School Midtown
  • Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park
  • Waterfront None

Mortgage Calculator

Compare listings

Compare