Active1185 Lucile Avenue SW, Atlanta, GA 30310
MLS# 7858198 · Listing Courtesy Of: Compass
Listing Contact: 404-668-6621
Facts
True monthly cost (estimates)
The full picture of owning this home each month, using the defaults shown. Every figure marked (est.) is an estimate for planning — not a quote, loan offer, or pre-approval. In the main listing search you can edit the rate, down payment, insurance and utilities in the interactive version of this panel.
| Line | $/month |
|---|---|
| Principal & interest (20% down, 6.5%, 30 yr) | $4,950 |
| Property taxes (from listing data) | $976 |
| Property taxes with standard homestead (est. — saves about $60/yr) | $971 |
| Home insurance (est. 0.2% of price / yr) | $163 |
| Utilities (est.) | $150 |
| Estimated monthly total | $6,239 |
| Estimated monthly total with homestead (est.) | $6,234 |
About this home
INVESTOR OPPORTUNITY | IMMEDIATE CASH FLOW | 8-UNIT MULTIFAMILY | HISTORIC WEST END! Discover an exceptional investment opportunity at 1185 Lucile Avenue SW, an eight-unit multifamily property located in Atlanta's desirable Historic West End neighborhood. This two-story brick building offers approximately 7,288 square feet and features eight spacious two-bedroom, one-bathroom units, complemented by a private on-site parking lot. Immediate cash flow with significant upside! Five of the eight units are currently occupied, with tenants paying below-market rents, providing an existing income stream and an opportunity for the next owner to reimagine and reposition the property. Through strategic renovations, lease-up of vacant units, rental adjustments, and operational improvements, investors have the potential to increase rental revenue and improve the property's net operating income (NOI). The property is approved to accept housing vouchers through the Atlanta Housing Authority, providing an additional potential leasing strategy for future ownership. Contact the listing agent Kesha Williams for the offering memorandum and rent roll. Ideally situated near the Atlanta…
Schools (from listing data)
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Map
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Listing data last updated: Oct 25, 2026, 5:16 PM