Back on the Market — Appraised Above List Price! !!
An incredible opportunity awaits in the rapidly revitalizing heart of West Atlanta. Welcome to 1917 Penelope Road — a spacious, four-sided brick residence that combines classic durability with investment versatility.
This well-maintained home offers 6 generously sized bedrooms, 3 full bathrooms, and over 2,600 sq ft of finished living space — including a fully finished basement that opens the door to multi-generational living, rental income, or a creative house-hack setup.
Structurally sound and move-in ready, this property is located in a high-demand rental zone and is Choice Housing Program (Section 8) eligible — delivering guaranteed rent and strong, ongoing tenant demand.
?? Rental Income Potential:
• $2,900/month with owner-paid utilities
• $2,700/month with tenant-paid utilities
That’s up to $34,800 in gross annual rent from day one.
Inside, the spacious floor plan offers room to grow or generate income, while the finished basement adds functional flexibility — perfect for extended family, a tenant suite, or even a rent-by-the-room model. Homes with this level of space, income potential, and affordability are increasingly rare in this fast-appreciating area.
Whether you’re a first-time investor, seasoned landlord, or buyer seeking long-term value with upside, 1917 Penelope Road presents an unmatched blend of immediate cash flow and future equity.
Don’t wait — schedule your private showing today and unlock the potential of this West Atlanta gem.
An incredible opportunity awaits in the rapidly revitalizing heart of West Atlanta. Welcome to 1917 Penelope Road — a spacious, four-sided brick residence that combines classic durability with investment versatility.
This well-maintained home offers 6 generously sized bedrooms, 3 full bathrooms, and over 2,600 sq ft of finished living space — including a fully finished basement that opens the door to multi-generational living, rental income, or a creative house-hack setup.
Structurally sound and move-in ready, this property is located in a high-demand rental zone and is Choice Housing Program (Section 8) eligible — delivering guaranteed rent and strong, ongoing tenant demand.
?? Rental Income Potential:
• $2,900/month with owner-paid utilities
• $2,700/month with tenant-paid utilities
That’s up to $34,800 in gross annual rent from day one.
Inside, the spacious floor plan offers room to grow or generate income, while the finished basement adds functional flexibility — perfect for extended family, a tenant suite, or even a rent-by-the-room model. Homes with this level of space, income potential, and affordability are increasingly rare in this fast-appreciating area.
Whether you’re a first-time investor, seasoned landlord, or buyer seeking long-term value with upside, 1917 Penelope Road presents an unmatched blend of immediate cash flow and future equity.
Don’t wait — schedule your private showing today and unlock the potential of this West Atlanta gem.
Listing Provided Courtesy of Maximum One Greater Atlanta Realtors
Property Details
Price:
$279,900
MLS #:
7595654
Status:
Active
Beds:
6
Baths:
3
Address:
1917 Penelope Road NW
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Penelope Neighbors
City:
Atlanta
Listed Date:
Jun 10, 2025
State:
GA
Total Sq Ft:
2,600
ZIP:
30314
Year Built:
1957
Schools
Elementary School:
Woodson Park Academy
Middle School:
Ralph Bunche
High School:
Frederick Douglass
Interior
Appliances
Dishwasher, Double Oven, Gas Water Heater, Microwave, Range Hood
Bathrooms
3 Full Bathrooms
Cooling
Attic Fan, Ceiling Fan(s), Central Air
Fireplaces Total
1
Flooring
Ceramic Tile, Tile, Wood
Heating
Central
Laundry Features
Electric Dryer Hookup, Gas Dryer Hookup, Sink, Other
Exterior
Architectural Style
Ranch, Traditional
Community Features
None
Construction Materials
Block
Exterior Features
Other
Other Structures
None
Parking Features
Attached
Roof
Tar/ Gravel, Tile
Security Features
None
Financial
Tax Year
2024
Taxes
$4,949
Map
Contact Us
Mortgage Calculator
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