(864) 362-2375
38 Fairburn Road
$1,700,000

38 Fairburn Road, Atlanta, GA 30331

16.8k16,878SQFT
1.23Acres
1966YearYear Built

About This Home

38 Fairburn Rd SW, Atlanta, GA 30331 - 20-Unit Multifamily Investment Opportunity. This 20-unit apartment community presents a compelling value-add opportunity in the Adamsville submarket of Southwest Atlanta. Built in 1966 and renovated in 1990, the property spans approximately 33,756 square feet on a 1.23-acre lot, with a uniform unit mix of 2-bedroom, 1-bathroom residences offering strong appeal to the area's steady rental demand. Priced at roughly $97,500 per unit and $58 per square foot, the asset offers an attractive basis for investors seeking to execute a renovation and repositioning strategy or add a stabilized asset to their portfolio. The property's consistent unit layout simplifies capital planning and rent-up execution across the entire building. Located minutes from downtown Atlanta with convenient access to major thoroughfares, the property benefits from proximity to employment centers, retail, and public transit, supporting long-term tenant demand. Southwest Atlanta continues to see renewed investor interest, driven by affordability relative to neighboring submarkets and ongoing infrastructure and development activity in the broader Atlanta metro. This is a rare opportunity to acquire a 20-unit asset at an accessible price point in a growing Atlanta submarket. Contact the listing agent for financials, due diligence materials, and showing instructions.

Location

Key Facts

Status: Active
Type: Commercial Sale
Neighborhood: Fairburn Village
Annual Taxes: $45,288
HOA Fees: Not provided
MLS: Georgia
MLS #: 10812460

Features

Other
Building & Land

Mortgage Calculator

$8,596Estimated monthly payment

Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.

History

Current list price: $1,700,000
Status: Active — For Sale
Recent change: Price reduced
Days on market: 91
Last updated: Oct 22, 2026

Schools

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Source MLS #: 10812460
Last updated: Oct 22, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.