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Seize this rare chance to acquire a high-potential coliving investment property in one of Atlanta's most dynamic rental markets! 482 Maynard Terrace SE is a single-story, 8-bedroom, 2-bathroom home with a large unfinished basement offering very healthy cash flow with massive additional potential if the basement were finished out. Currently tenant-occupied but underperforming, this property has the bones to become a premium co-living space catering to renters seeking affordability without sacrificing lifestyle. At peak performance, projections show gross rents exceeding $8,000 per month with net income potential over $4,000 per month and that's before expanding into the basement to add additional rooms. With some strategic updates and repairs, this property could become one of the highest-grossing rentals in the area, drawing in residents who value both affordability and proximity to EAV's buzzing social scene.
Property Type(s):
Single Family
| Last Updated | 3/14/2025 | Tract | Glenwood Acres |
|---|---|---|---|
| Year Built | 1948 | Garage Spaces | 2.0 |
| County | DeKalb |
SCHOOLS
| Elementary School | Burgess-Peterson |
|---|---|
| Jr. High School | King |
| High School | MH Jackson Jr |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Microwave , Refrigerator |
| BASEMENT | Daylight, Exterior Entry, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| GARAGE | Yes |
| HEAT | Central |
| INTERIOR | Other |
| LOT | 0.31 acre(s) |
| LOT DESCRIPTION | Other |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Bungalow/Cottage |
| SUBDIVISION | Glenwood Acres |
| TAXES | 1215 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| WATER | Public |
| WATER ACCESS | None |
Location
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Listed with Keller Williams Realty
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of GAMLS. All real estate listings are marked with the GAMLS Broker ReciprocitySM thumbnail logo and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 GAMLS. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 GAMLS. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.
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