See Home Value
Atlanta 30317 Midway Woods
2916 Memorial Drive SE
$434,849*
House - Off Market

2916 Memorial Drive SE

Atlanta, GA 30317
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1152 Sqft
$387,000 - $471,000
Reference Base Price*
1.36%
Since Jun 1, 2023
GA-Atlanta
Primary Model

About This Property

Property can be subdivided according to Buyers needs. Price reduced!!  Seller is willing to sell the C1 zoned portion of 2916 Memorial Drive, which is approximately +/- .3 acres, with the existing commercially zoned house on it facing Memorial Drive for just $429K. The adjoining R4 zoned land on E Tupelo St., which is approximately .9 acres, can be purchased separately as well for just $99K. Buy everything together, including ALL 1.2 acres with the commercial house with C1 zoning on the .3 acres and the R4 zoned land on the .9 acres, for just $489K.  Even much larger land assemblage opportunities available here as well - just inquire within! Please see various illustrated subdivided lot configuration pricing models in the PHOTOSsection !!!...........................................................................................COMERCIAL HOUSE:  Perfect for the end-user, landlord, investor, or developer.  Commercial house zoned C1 on Memorial Dr.  Great for the savvy investor to rent the commercial space while implementing the right long-term plan (just add 1,000 sqft & get your desired double digit CAP rate here).  The space is now ready for tenant improvements for various commercial uses.  Ideal location in City of Atlanta near the intersection of Candler Rd. & Memorial Dr. for a MUSIC STUDIO, chiropractor, doctor, dentist, lawyer, surveyor, architect, barber, psychic, antique dealer, tailor, veterinarian, caterer, etc.  Close to East Lake, Oakhurst, and downtown Decatur & downtown Atlanta.  Plenty of room for designated parking spots........................................................................................................................................................................................................ADJOINING R4 LOTS: There is an approximate .9 acre residential tract of land zoned R4 that adjoins the .3 acre C1 lot.  This additional adjoining residential land is to the north of the .3 acre C1 zoned lot that has the existing house structure on it.  The residential land has approximately 150 feet of frontage on E Tupelo St.See DOCUMENTS section for survey and City of Atlanta C1 & R4 zoning regulations. See PHOTOS for plat maps, street maps, aerial maps, & offered subdivided land lot pricing configuration models.

The manager has listed the unit size as 1152 square feet.
Unit Size
1,152Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$372
Property Type
House
Property Taxes
$51
HOA Dues
-
Year Built
1938

Price History

Date / Event Date Event Price
Aug 7, 2023 No longer available -
No longer available
May 22, 2023 No longer available -
No longer available
May 18, 2023 Listed $429,000
Listed
Smart investment property. Great opportunity for double digit CAP rate return on commercially zoned house. This is also an opportunity to purchase a below-market house for the East Lake area. Price reduced!! Seller is willing to sell the C1 zoned portion of 2916 Memorial Drive, which is approximately +/- .3 acres, with the existing commercially zoned house on it facing Memorial Drive for just $429K. The adjoining R4 zoned land on E Tupelo St., which is approximately .9 acres, can be…
Apr 24, 2023 Price Increased $429,000
↑ $100 (0%)
Price Increased
Apr 7, 2023 Price Decreased $428,900
↓ $100 (0%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace

Basement Information

Basement


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,251 ft²
$296/ft²
$370,000 Apr 3, 2023
-
$363/mo
House
3 Beds
2 Baths
1,500 ft²
$271/ft²
$406,000 Feb 17, 2023
-
$139/mo
House
3 Beds
2.5 Baths
1,509 ft²
$315/ft²
$475,000 Mar 21, 2023
-
-
House
3 Beds
3 Baths
1,811 ft²
$271/ft²
$489,900 Mar 9, 2023
-
$418/mo
House
3 Beds
1 Bath
1,356 ft²
$280/ft²
$379,000 Oct 21, 2021
-
$121/mo
House
3 Beds
1 Bath
1,356 ft²
$280/ft²
$379,000 Sep 6, 2021
-
-
House
4 Beds
2 Baths
1,714 ft²
$256/ft²
$439,000 Feb 23, 2023
-
-
House
4 Beds
3 Baths
1,804 ft²
$238/ft²
$429,900 Jan 13, 2023
-
$223/mo
House
4 Beds
1 Bath
1,507 ft²
$298/ft²
$449,000 Mar 31, 2023
-
$287/mo
Townhouse
4 Beds
3.5 Baths
2,893 ft²
$173/ft²
$499,950 Mar 2, 2023
-
$275/mo
Land
Loft
-
-
$399,950 Sep 15, 2020
-
$33/mo
Land
Loft
-
-
$469,900 Jan 9, 2023
-
$97/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211002
10/02/2021
3 Bed
1 Bath
1152 ft²
$950,000
bedrooms
3 Bed
bathrooms
1 Bath
square feet
1152 ft²
-
-
-
DAWN LANDAU
KELLER WMS RE ATL MIDTOWN

Building Info

2916 Memorial Drive Southeast 2916 Memorial Drive Southeast, Atlanta, GA 30317
  • 1 Unit for Sale
More about this Building
2916 Memorial Drive Southeast
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About Midway Woods


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