Property photo 1
Property photo 2
7 Beds
3 Baths

$345,000

2732 Oldknow Drive NW, Atlanta GA, 30318

Price per sqftN/A
Built in1962
Property typeResidential

Overview

Active

Listed Aug 3, 2026

Updated 13 days ago

**Income-Producing Investment Opportunity in Historic Collier Heights!** Start earning **immediate rental income from day one** with this fully operational PadSplit investment located in Atlanta's historic **Collier Heights** community. Currently **5 of the 7 bedrooms are occupied by long-term tenants**, allowing the new owner to benefit from established cash flow immediately after closing while offering the opportunity to increase income by leasing the remaining two bedrooms. This spacious four-sided brick, two-story home is thoughtfully configured for shared living and features two separate kitchens, providing flexibility and convenience for tenants. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey property with income already in place, this property presents an exceptional opportunity. Located in the nationally recognized **Collier Heights Historic District**, one of Atlanta's most significant communities known for its beautiful mid-century homes, mature trees, and rich history, residents enjoy convenient access to Downtown Atlanta, West Midtown, Georgia Tech, Mercedes-Benz Stadium, major interstates (I-20 & I-285), public transportation, and the rapidly expanding Westside corridor. The nearby Westside Reservoir Park, shopping, dining, and employment centers continue to drive demand for quality housing in the area. Investment Highlights: * Current owner willing to manage property for 1 year! WIN for you- step into income without uncertainty. Newbies can learn the ropes. * Turnkey PadSplit investment * 5 of 7 bedrooms currently occupied by long-term tenants- take over lease or owner to provide notice prior to closing * Immediate cash flow at closing * Opportunity to increase revenue by leasing the remaining bedrooms * Two-story, four-sided brick construction * 2 separate kitchens for enhanced functionality * 3 full bathrooms. Don't miss this opportunity to own a cash-flowing investment in one of Atlanta's most historic and rapidly evolving neighborhoods. Schedule your showing today and begin building wealth from day one!

$2,295/mo

Est. mortgage payment based on a $345,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10818069

Interior Features

Bedrooms
7
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Taxes
$2,337
Tax Frequency
Annually
Association Fee Frequency
Yearly
View
Yes

Listed with Area West Realty

Based on information from Georgia MLS as of 9/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2026 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed. 

Data last updated 2:25 AM UTC, 9/27/2026

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