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219 Joseph E Lowery Boulevard Sw, 
Atlanta, GA 30314

$290,000


4

Beds


2

Baths


1,379

Sq Ft


Single Family

Active

Listed by

Adam Lewis

Keller Williams Realty Atl Partners

Last updated:

August 3, 2026, 01:27 PM

MLS#

7778016

Source:

FIRSTMLS

About This Home

219 Joseph E Lowery Boulevard Sw

Turnkey Student Housing Investment Opportunity in the Heart of Atlanta Hitting The 1% Rule! Add an instant, reliable cash-flowing asset to your rental portfolio with this fully occupied 4-bedroom, 2-full-bath rooming house generating $3,200 per month in gross room rentals, plus an additional $50-$75 per month in coin-operated laundry revenue. Positioned for premium student housing, this income-producing property is located directly between Ashview Heights and the prestigious Atlanta University Center (AUC), offering unbeatable proximity to Clark Atlanta University, Morehouse College, Spelman College, and Morris Brown College. This low-maintenance, turnkey asset features a new roof installed within the last 2 years, durable central air and heat, a recently updated shared kitchen, and absolutely no carpet for seamless tenant turnarounds. The property conveys with all existing tenants on mostly highly flexible month-to-month agreements, and the owner bills back directly for water and electricity, protecting your net operating income (NOI). Please note that Room 4 with the private full bath is not pictured, and all marketing photos are from a prior 2024 marketing period when the rooms were professionally cleaned and turned over. Do not miss this rare opportunity to secure immediate, passive cash flow with a strong 2-year track record of averaging ~$800 per room in a high-growth Atlanta submarket!

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1930

Subdivision & Development:

Ashview Heights

Price Summary

290,000

$210 per Sq. Ft.

MLS #:

7778016

Last Updated:

August 3, 2026, 01:27 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,379 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

1,379 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

4,007


Finances & Disclosures

Finances

Price:

$290,000

Price per Sq. Ft:

$210 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.