PENDING

3D VIEW

862 Mitchell St SW
Atlanta, GA 30314

Atlanta University Center

Studio

$489,000

Est. Mortgage $2,854/mo*

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$489,000

Est. Mortgage $2,854/mo*

Get Pre-Qualified

Studio

Local Information

-- mins to

Commute Destination

Description

Investor-friendly, income-producing triplex in Atlanta generating approximately $4,500 per month in stable rental revenue, offering a strong opportunity for both seasoned investors and owner-occupants seeking to house hack; renovated just two years ago, this well-maintained multifamily property features three income-generating units with Unit A leased at $1,600/month through the Atlanta Housing Authority, Unit B leased at $1,600/month through the Atlanta Housing Authority, and Unit C producing $1,300/month total across two separate rooms rented at $650/month each; Unit C may be delivered vacant at closing, providing flexibility for owner-occupancy, tenant repositioning, or rental strategy optimization; ideal for buyers seeking immediate cash flow with future upside potential in a growing Atlanta market;

Home Highlights

Parking

None

Outdoor

No Info

A/C

Heating & Cooling

HOA

None

Price/Sqft

No Info

Listed

62 days ago

Home Details for 862 Mitchell St SW

Active Status
MLS Status: Pending

Interior Features
Interior Details Basement: None
Appliances & Utilities Utilities: Underground Utilities
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa No Fireplace
Levels, Entrance, & Accessibility Stories: 1Levels: One

Exterior Features
Exterior Home Features Foundation: Pillar/Post/Pier
Parking & Garage No CarportNo GarageNo Attached GarageParking: None
Water & Sewer Sewer: Public SewerWater Body: None

Days on Market
Cumulative Days on Market: 17Days on Market: 62

Property Information
Year Built Year Built: 1920
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, TriplexStructure Type: TriplexArchitecture: Triplex
Building Construction Materials: BrickNot a New Construction
Property Information Condition: Updated/RemodeledParcel Number: 14 010900010901

Price & Status
Price List Price: $489,000
Status Change & Dates Off Market Date: Sat Apr 11 2026Possession Timing: Close Of Escrow

Media
Virtual TourSee Virtual Tour

Location
Direction & Address City: AtlantaCommunity: None
School Information Elementary School: JonesJr High / Middle School: Herman J RussellHigh School: Booker T Washington

Agent Information
Listing Agent Listing ID: 10726577

Community
Community Features: Playground, Pool, Street Lights, Tennis Court(s), Near Public Transport, Walk To Schools, Near Shopping
Other Playground

HOA
HOA Fee Includes: NoneNo HOAHOA Fee: No HOA Fee

Lot Information
Lot Area: 4007.52 sqft

Listing Info
Special Conditions: Investor Owned

Offer
Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA, VA Loan

Rental Terms, Policies & Fees
Owner Pays: Sewer

Miscellaneous
Mls Number: 10726577Projected Close Date: Mon Jun 15 2026Showing Requirements: Appointment Only, Use Showing Time

Additional Information
PlaygroundPoolStreet LightsTennis Court(s)Near Public TransportWalk To SchoolsNear Shopping

Last check for updates: about 11 hours ago

Listing courtesy of Rick Wiley, (404) 620-1400

Coldwell Banker Realty

Source: GAMLS, MLS#10726577

Also Listed on FMLS GA, GAMLS, FMLS GA.

Market trends in Atlanta

Last updated April 2026

Avg. sale price

$400K

$19.17KMoM

Sale-to-List Price

98.2%

0.3%MoM

Price per sq ft

$262

$9MoM

Available listings

4660

228MoM

Price History for 862 Mitchell St SW

Date	Price	Event	Source
04/24/2026	$489,000	Pending	FMLS GA #7748283

04/07/2026	$489,000	Listed For Sale	GAMLS #10726577

02/03/2026	$308,000	Sold	N/A
Recording Date 02/03/2026 Contract Date 01/21/2026 County Transfer Tax N/A Total Transfer Tax N/A
01/11/2026	$459,900	Listed For Sale	FMLS GA #7702351

07/29/2025	$489,000	ListingRemoved	FMLS GA #7579097

06/17/2025	$489,000	Listed For Sale	GAMLS #10521982

05/27/2025	$459,000	ListingRemoved	GAMLS #10521982

05/20/2025	$459,000	PriceChange	GAMLS #10521982
Price Change $20,000 (-4%)
05/14/2025	$479,000	Listed For Sale	FMLS GA #7579097

05/16/2024	$244,000	Sold	N/A
Recording Date 05/16/2024 Contract Date 04/16/2024 County Transfer Tax N/A Total Transfer Tax N/A
02/14/2024	$247,500	PriceChange	GAMLS #20125908
Price Change $2,400 (-1%)
01/24/2024	$249,900	PendingToActive	GAMLS #20125908

01/16/2024	$249,900	Pending	GAMLS #20125908

01/02/2024	$249,900	PriceChange	GAMLS #20125908
Price Change $5,000 (-2%)
12/06/2023	$254,900	PriceChange	GAMLS #20125908
Price Change $30,000 (-11%)
10/10/2023	$284,900	PriceChange	GAMLS #20125908
Price Change $4,100 (-1%)
08/23/2023	$289,000	PendingToActive	GAMLS #20125908

08/18/2023	$289,000	Pending	GAMLS #20125908

08/10/2023	$289,000	PendingToActive	GAMLS #20125908

07/20/2023	$289,000	Pending	GAMLS #20125908

06/23/2023	$289,000	PriceChange	GAMLS #20125908
Price Change $15,900 (-5%)
06/01/2023	$304,900	Listed For Sale	GAMLS #20125908

06/01/2023	$304,900	ListingRemoved	GAMLS #20069807

06/01/2023	$304,900	PendingToActive	GAMLS #20069807

05/15/2023	$304,900	Pending	GAMLS #20069807

01/12/2021	$180,000	Sold	GAMLS #8903163
Recording Date 01/12/2021 County Transfer Tax N/A Total Transfer Tax N/A
09/18/2020	$210,000	Sold	N/A
Recording Date 09/18/2020 Contract Date 09/18/2020 County Transfer Tax N/A Total Transfer Tax N/A
07/11/2014	$35,000	Sold	N/A
Recording Date 07/11/2014 Contract Date 07/11/2014 County Transfer Tax N/A Total Transfer Tax N/A
07/18/2008	$35,000	Sold	N/A
Recording Date 07/18/2008 Contract Date 06/23/2008 County Transfer Tax N/A Total Transfer Tax N/A
01/16/2008	$95,200	Sold	N/A
Recording Date 01/16/2008 Contract Date 01/02/2008 County Transfer Tax N/A Total Transfer Tax N/A

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Property Tax and Assessment

Year	2024
Tax	$4,384
Assessment	$267,700

Home facts updated by county records

Comparable Sales for 862 Mitchell St SW

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
89 Ollie St NW, Atlanta, GA	0.41	Multi-Family Home	$329,000	10/06/25		-	-
215 Joseph E Lowery Blvd SW, Atlanta, GA	0.33	Multi-Family Home	$490,000	06/30/25	4	3	-
950 Michigan Ave NW, Atlanta, GA	0.40	Multi-Family Home	$325,000	05/29/26		-	-
609 Parsons St SW, Atlanta, GA	0.49	Multi-Family Home	$413,270	06/16/25	4	-	-
253 Lawton St SW, Atlanta, GA	0.57	Multi-Family Home	$300,000	04/24/26	4	2	-
230 Rosser St SW, Atlanta, GA	0.58	Multi-Family Home	$325,000	10/30/25		-	-
22 Chappell Rd NW, Atlanta, GA	1.03	Multi-Family Home	$405,000	11/21/25	4	2	-
478 Sunset Ave NW, Atlanta, GA	1.05	Multi-Family Home	$448,600	05/15/26		-	-

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Additional Cost

Assigned Schools

These are the assigned schools for 862 Mitchell St SW.

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Atlanta University Center

5 Homes For You
Buy: $195k - $1m

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about Atlanta University Center

Trulia User
Resident
2y ago
"Keep eyes on there children so they won’t be playing in this parking lot because these cars drive to fast in this little parking lot "
1
Flag
Rebecca K.
Resident
6y ago
"this is a college area, house parties, kids having fun if you do not enjoy music or want to have limited parking by your house don’t move here. Kids will be kids let them live and enjoy their college careers while they last! "
1
Flag
Ramona B.
Resident
6y ago
"I’ve been living in this neighborhood since 2014. Its convenient to Mercedes Benz, airport, Walmart and much more. The Children can also attend John hope community center "
1
Flag
Hayden K
Resident
7y ago
"The Historically Black Colleges and Universities here are simply astounding. The culture, the history, the family, the love are unforgettable. You have to be there to really understand the beautiful treasures that they are. They have a lot do with what makes America...well...America"
4
Flag
Nathan
Resident
8y ago
"I have lived in my neighborhood for 2 years, the street is quiet and has very little traffic flowing through it. Everyone is respectful and keep to themselves. "
0
Flag

LGBTQ Local Legal Protections

Rick Wiley, Coldwell Banker Realty

Agent Phone: (404) 620-1400

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity 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 2026 GAMLS. All rights reserved.

862 Mitchell St SW, Atlanta, GA 30314 is a studio multi-family built in 1920. 862 Mitchell St SW is located in Atlanta University Center, Atlanta. This property is currently available for sale and was listed by GAMLS on Apr 7, 2026. The MLS # for this home is MLS# 10726577.

862 Mitchell St SW Atlanta, GA 30314

$489,000

$489,000

Local Information

Description

Home Highlights

Home Details for 862 Mitchell St SW

Active Status

Interior Features

Exterior Features

Days on Market

Property Information

Price & Status

Media

Location

Agent Information

Community

HOA

Lot Information

Listing Info

Offer

Rental Terms, Policies & Fees

Miscellaneous

Additional Information

Market trends in Atlanta

Price History for 862 Mitchell St SW

Similar Homes You May Like

New Listings near 862 Mitchell St SW

Property Tax and Assessment

Comparable Sales for 862 Mitchell St SW

Nearby homes

Additional Cost

Assigned Schools

Neighborhood Overview

What Locals Say about Atlanta University Center

LGBTQ Local Legal Protections

Housing

Employment

Public accommodations

862 Mitchell St SW
Atlanta, GA 30314