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1840 Wells Drive SW

Atlanta, GA 30311
  • $55,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 10494526
UPDATED: 68 min ago
$55,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Welcome Home ATL to 1840 Wells Dr SW-your next sizable, build-ready opportunity in the fast-rising Cascade/Adams Park corridor. This 0.8-acre, R-3 zoned lot offers 90 feet of frontage and gentle grades for an easy slab or basement build, plus room for a 2-car garage and outdoor living space. New construction ranging from 2,600-3,100 sq ft is commanding $640K-$770K, translating to a promising 20-25% margin on a 4-5 bed plan-or a 6% cap rate at approximately $2,800/month if held as a rental. All utilities are available at the street, and proximity to the BeltLine, airport, and Tyler Perry Studios keeps buyer demand strong.

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Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Coldwell Banker Southern Coast are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Coldwell Banker Southern Coast. Data last updated: 2025-06-15T08:10:21.297.
www.cbsoutherncoast.com/homes/162282308
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1840 Wells Drive SW Atlanta, GA 30311

  • Price: $55,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 68 min ago
  • MLS #: 10494526
0
Beds
0
Baths
0
½ Baths
0.84
Acres
Neighborhood:
None
County:
Fulton
Area:
ATLANTA
Elementary School:
Out Of Area
Middle School:
Other
High School:
Out Of Area
Property Description
Welcome Home ATL to 1840 Wells Dr SW-your next sizable, build-ready opportunity in the fast-rising Cascade/Adams Park corridor. This 0.8-acre, R-3 zoned lot offers 90 feet of frontage and gentle grades for an easy slab or basement build, plus room for a 2-car garage and outdoor living space. New construction ranging from 2,600-3,100 sq ft is commanding $640K-$770K, translating to a promising 20-25% margin on a 4-5 bed plan-or a 6% cap rate at approximately $2,800/month if held as a rental. All utilities are available at the street, and proximity to the BeltLine, airport, and Tyler Perry Studios keeps buyer demand strong.
Exterior Features

Lot Features Level Lot Size Area 36590.4 Lot Size Source Other Lot Size Units Square Feet Road Frontage Type City Street Total Number Of Slips 0 View YN No

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Units Square Feet Living Area Units Square Feet

Property Features

Association Fee 0 Association YN No Community Features ParkSidewalks Current Use OtherUnimproved Other Structures None Property Sub Type Unimproved Land Sewer None Tax Annual Amount 1084 Tax Year 2024 Utilities None Water Body Name None Water Source None

GAMLS logo Listing provided courtesy of Keller Williams Realty: 404-541-3500. © 2025 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Coldwell Banker Southern Coast are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Coldwell Banker Southern Coast. Data last updated: 2025-06-15T08:10:21.297.
 
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