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323 Stovall Street; Atlanta, GA 30316

$616,000

ATTENTION INVESTORS: High-yield MR-3 zoned asset with 7.4% Cap Rate potential. Approx. 2,500 sq ft footprint near the BeltLine in sought-after Reynoldstown. This oversized property presents an exceptional opportunity for investors, developers, or co-living operators seeking strong income potential in one of Atlanta’s fastest-growing areas. The expansive layout features multiple large living spaces and offers a prime value-add opportunity through the potential addition of a second or third bathroom to maximize functionality, rental appeal, and future income potential. Situated on an approximately 8,000 sq ft lot, the property provides flexibility for redevelopment, expansion, or long-term investment strategies.
Key Facts
  • Style:
  • Year Built: 1950
  • Status: Active
Schools
  • Elementary School: Burgess-Peterson
  • Middle School: Martin L. King Jr.
  • High School: Maynard Jackson
Bedrooms
  • Beds Total: 4
Bathrooms
  • Baths Full: 1
  • Baths Half: 0
  • Main Full Baths: 1
  • Master Bath Features: None

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Private & Public Schools Nearby

  • 3 / 5
    Average

    Burgess-Peterson Elementary School

    480 CLIFTON STREET; Atlanta, GA 30316
    Public PK-5th  |  474 students
    Metro Atlanta School Rank: 478th
  • 2 / 5
    Below
    Avg

    Maynard H. Jackson- Junior High School

    801 GLENWOOD AVENUE, SE; Atlanta, GA 30316
    Public 9th-12th  |  1,205 students
    Metro Atlanta School Rank: 256th

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Listing Provided Courtesy Of: BHGRE Metro Brokers
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Listing information last updated on June 10, 2026