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2794 7th Street; Atlanta, GA 30315

$349,000

1,960 Sq Ft
4 Bedrooms
2 Bathrooms
On Street
7583035
First-Time Homebuyer (FHH) Special – Income-Producing Duplex with Easy Triplex Conversion! This property is currently generating approximately $4,000/month on Airbnb, set up as a duplex with a 1,200 sq ft main living area, and can be easily converted into a triplex by finishing the basement into a 2 bed / 1 bath unit. Seller is offering $15,000 toward buyer closing costs with full asking price. Take advantage of this unique opportunity for first-time buyers to live in one unit while generating rental income—or rent all three units for maximum returns. The property also qualifies for up to $9,000 in first-time homebuyer grant assistance (subject to buyer eligibility). Front unit is grossing approx. $575/week on Airbnb – turnkey short-term rental income. Live in one unit and rent the others, or operate all as Airbnb units. Unfinished basement can be converted into a 2 bed / 1 bath third unit for approx. $40,000. Once converted, the property is projected to gross up to $80,000/year renting all three units. Estimated After-Repair Value (ARV): Upper $300,000s – solid equity and income upside. Ideal for house hackers, first-time buyers, or investors looking for a high-yield, value-add opportunity in a growing market. Let me know if you'd like this adapted for: MLS listing Real estate flyer Social media post Investor pitch deck (with rent breakdowns or cap rate projections)
Key Facts
  • Style:
  • Year Built: 1932
  • Status: Active
Schools
  • Elementary School: Emma Hutchinson
  • Middle School: Crawford Long
  • High School: South Atlanta
Bedrooms
  • Beds Total: 4
Bathrooms
  • Baths Full: 2
  • Baths Half: 0
  • Main Full Baths: 2
  • Master Bath Features: Tub Only

Learn more about this property...

Private & Public Schools Nearby

  • 1 / 5
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    Avg

    South Atlanta High School
    800 Hutchens Rd SE; Atlanta, GA 30354
    Public 9th-12th  |  808 students
    Metro Atlanta School Rank: 374th

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Listing Provided Courtesy Of: Keller Williams Realty ATL North
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Listing information last updated on August 26, 2025
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