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244 Dollar Mill Road; Atlanta, GA 30331

$125,000

1,500 Sq Ft
4 Bedrooms
1 Bathrooms
Carport
7826607
INVESTOR SPECIAL Rare 1+ Acre Value-Add with Brand-New Roof in High-Growth SW Atlanta Corridor Vacant | Sold As-Is | High-Yield Flip, BRRRR, or Redevelopment Play A rare combination of land, location, and built-in sweat equity. Situated on an expansive 1.17-acre lot inside Fulton County, this property offers multiple high-margin exit strategies in an active revitalization corridor surrounded by recent renovations and ground-up builds. Major CapEx Already Covered with Brand-new roof installed, eliminating significant upfront capital expense and protecting framing during build-out, floor plan is larger than records show, closer to 1,500 Sq Ft. Existing layout and previous additions provide the ideal canvas for an immediate value-add conversion from a 3/1 to a high-ARV 3/2 or 4/2 primary suite configuration. Massive Land Upside (1+ Acre) with Ample acreage for an ADU (Accessory Dwelling Unit), secondary structure, workshop, or potential lot subdivision/redevelopment (subject to zoning/survey). The property is minutes to I-285, I-20, MARTA, Downtown Atlanta, and Hartsfield-Jackson Airport—strong fundamentals for future resale or high-demand rental cash flow. 100% Vacant. Property Snapshot: Current Layout: 3 Beds | 1 Bath (High conversion potential to 3/2 or 4/2) Living Area: ~1,500 Sq Ft Lot Size: 1+ Acre (Expansive, wooded parcel) Roof: Brand-New (2026) Terms: Cash, Hard Money, or Private Lending | As-Is Sale | Clean Title Maximize your margins through a strategic flip, execute a full-equity cash-out refi via BRRRR, or unlock long-term upside through land development.
Key Facts
  • Style:
  • Year Built: 1950
  • Status: Active
Schools
  • Elementary School: Miles
  • Middle School: Jean Childs Young
  • High School: Benjamin E. Mays
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

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    Miles Elementary School
    4215 BAKERS FERRY ROAD, SW; Atlanta, GA 30331
    Public PK-5th  |  647 students
    Metro Atlanta School Rank: 1116th

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Listing Provided Courtesy Of: Palmerhouse Properties
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Listing information last updated on September 8, 2026
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