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240 Wellington Street, 
Atlanta, GA 30314

$457,647


9

Beds


3

Baths


4,550

Sq Ft


Single Family

Active

Listed by

Jami Purser

Purser Realty, LLC.

Last updated:

November 3, 2025, 02:35 PM

MLS#

7670892

Source:

FIRSTMLS

About This Home

240 Wellington Street

Calling All Investors! Located in the sought-after Historic Mozley Park neighborhood, this spacious 4,550 square foot 1938 home sits on a .30-acre lot and is bursting with potential. Currently configured with 9 bedrooms and 3 bathrooms, this property has operated as a successful rent-per-room investment for the past 16 years. Originally a triplex (last used as such in 2009), each unit featured 3 bedrooms and 1 bathroom-making this an ideal candidate for conversion back to a multi-family setup with the proper zoning variance. Though in the historic Mozley Park area, this property is NOT located in a historic preservation zone, giving buyers more flexibility for renovations and development. The neighborhood has seen significant upward growth over the past 3 years, with beautifully renovated homes appearing daily-and its close proximity to the Atlanta BeltLine only adds to the appeal and long-term value. Whether you're looking to restore it as a grand single-family home, reconfigure it as a profitable triplex, or continue its use as a high-yield rental, this is an opportunity you don't want to miss. Currently tenant-occupied, and ready for its next chapter with a little vision and TLC!

Home Facts

Single Family

3 Baths

9 Bedrooms

Built in 1938

Price Summary

457,647

$100 per Sq. Ft.

MLS #:

7670892

Last Updated:

November 3, 2025, 02:35 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

4,550 Sq. Ft.


Structure

Structure

Architectural Style:

Victorian

Building Area:

4,550 Sq. Ft.

Year Built:

1938


Lot

Lot Size (Sq. Ft):

13,068


Finances & Disclosures

Finances

Price:

$457,647

Price per Sq. Ft:

$100 per Sq. Ft.

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