2732 Oldknow Drive NW, Atlanta, GA 30318
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For Sale

2732 Oldknow Drive NW

Atlanta, GA 30318

Offered at$345,000

About the home.

**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!

Listing courtesy of Area West Realty.

Details

Price per sq ft$246
Garage4-car
BasementFull
HOANone listed
Property taxes$2,337/yr
SewerPublic sewer
  • Basement Full
  • Garage / parking 4 spaces
  • Heating Central
  • Roof Other
  • Floors Hardwood, Carpet
  • Water / sewer Public water · Public Sewer
  • Outdoor Porch
  • Appliances Refrigerator, dishwasher, microwave
  • Neighborhood Collier Heights
  • County Fulton County
  • Taxes $2,337 (2025)
  • Listed Aug 3, 2026 · 81 days on market
  • Georgia MLS # 10818069

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    Stephen Molloy

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    Stephen Molloy REALTOR® · Georgia Move Realty 706.995.7282 stephen@georgiamove.com

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    Listing courtesy of Area West Realty. Listing information from Georgia MLS, updated Oct 15, 2026. Information deemed reliable but not guaranteed; buyers and buyer's agents should verify all details. © 2026 Georgia Multiple Listing Service, Inc. All rights reserved. Equal Housing Opportunity.