Sold
$125,000
3 beds · 1,064 sqft
406 Morgan Place, Atlanta, GA 30317
Great deal
Priced about $149,400 (54%) below comparable homes. Estimated market value $274,400, based on 34 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
East Lake investor opportunity. Brick house with granite foundation needs total rehab and addition or tear down and build. Hot area near Drew Charter, downtown Decatur, Oakhurst and new East Lake developments.
PoolBasementNo HOA
Listing remarks courtesy of PalmerHouse Properties · Sold by KELLER WILLIAMS REALTY METRO ATL.
· FMLS #5815258Home details
3
Beds
1,064
Sqft
1950
Built
0.1 ac
Lot
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,750/morange $1,625 – $1,87516.8% gross yield
Based on 12 similar rentals within a mile (4 recently leased).
Home facts
Payment calculator
$891/mo
Principal & interest$730
Property taxes$125
Home insurance$36
Down payment$12,500 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
We stand behind every home
AI-verified pricing
Every list price is checked against our valuation model and local comps.
Licensed agent on every tour
A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Fred A. ToomerElementary
Martin L. King Jr.Middle
Maynard JacksonHigh
Location
68 for sale 12 pending 12 sold
Listed by
PalmerHouse Properties · Sold by KELLER WILLIAMS REALTY METRO ATL
Source: FMLS · #5815258
More homes you might like
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. 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. © 2026 First Multiple Listing Service, Inc.. All rights reserved. IDX information is refreshed every 30 minutes; data last updated Oct 5, 2026, 1:30 PM ET. Technical services for the display and support of FMLS content on this site are provided in-house by Veribas Real Estate LLC, 3480 Preston Ridge Rd, Suite 500, Alpharetta, GA 30005 · (833) 837-4227 · hello@veribas.com.
Homes for sale by city
(833) 837-4227
hello@veribas.com
© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
