Sold
$695,000
7 beds · 4 baths · 2,886 sqft
2483 Memorial Drive, Atlanta, GA 30317
Overpriced
Priced about $234,808 (51%) above comparable homes. Estimated market value $460,192, based on 9 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This property offers a rare chance to own a fully occupied, high-end, cash-flowing coliving rental on the PadSplit platform. Launched in February 2024, the property has steadily leased up throughout the year and is now operating at full potential. Spanning nearly 3,000 sq ft, this recently renovated, energy-efficient home features high-quality finishes and thoughtful updates,…
PoolBasementNo HOARenovated
Listing remarks courtesy of Keller Williams Realty Metro Atlanta · Sold by Keller Williams Realty Metro Atlanta.
· FMLS #7507272404-564-5560
$4,752/mo est.
with $69,500 down · $695,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Video walkthrough
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Home details
7
Beds
4
Baths
2,886
Sqft
1937
Built
0.13 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$6,050/morange $5,625 – $6,47510.4% gross yield
Based on 4 similar rentals within a mile (2 recently leased).
5 bd · 3 ba · 2,584 sqft · 0.7 mi away$5,950/mo5 bd · 3 ba · 2,588 sqft · 0.7 mi away$3,900/mo5 bd · 4 ba · 3,580 sqft · 1 mi away · leased$6,995/mo5 bd · 3 ba · 2,324 sqft · 1 mi away · leased$3,800/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$4,955/mo
Principal & interest$4,057
Property taxes$695
Home insurance$203
Down payment$69,500 (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
Estimated valueListed for sale
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Schools
Fred A. ToomerElementary
Martin L. King Jr.Middle
Maynard JacksonHigh
Location
72 for sale 8 pending 12 sold
Listed by
Keller Williams Realty Metro Atlanta · Sold by Keller Williams Realty Metro Atlanta
Source: FMLS · #7507272
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