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Listed by LYNNISE NIA KNOWLES with Area West Realty, LLC. 404-439-1026
7 Beds
3 Baths

$345,000

2732 Oldknow Drive NW, Atlanta GA, 30318

Built in1962
Property typeResidential

Overview

Active

Listed Aug 3, 2026

Updated 11 days ago

**Income-Producing Investment Opportunity in Historic Collier Heights!** Start earning **immediate rental income from day one** with this fully operational PadSplit investment located in Atlanta's historic **Collier Heights** community. Currently, **4 of the 7 bedrooms are occupied by long-term tenants**, allowing the new owner to benefit from established cash flow immediately after closing while offering the opportunity to increase income by leasing the remaining two bedrooms. This spacious four-sided brick, two-story home is thoughtfully configured for shared living and features two separate kitchens, providing flexibility and convenience for tenants. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey property with income already in place, this property presents an exceptional opportunity. Located in the nationally recognized **Collier Heights Historic District**, one of Atlanta's most significant communities known for its beautiful mid-century homes, mature trees, and rich history, residents enjoy convenient access to Downtown Atlanta, West Midtown, Georgia Tech, Mercedes-Benz Stadium, major interstates (I-20 & I-285), public transportation, and the rapidly expanding Westside corridor. The nearby Westside Reservoir Park, shopping, dining, and employment centers continue to drive demand for quality housing in the area. Investment Highlights: * Current owner willing to manage property for 1 year! WIN for you- step into income without uncertainty. Newbies can learn the ropes. * Turnkey PadSplit investment * 4 of 7 bedrooms currently occupied by long-term tenants- take over the lease or the owner to provide notice prior to closing * Immediate cash flow at closing * Opportunity to increase revenue by leasing the remaining bedrooms * Two-story, four-sided brick construction * 2 separate kitchens for enhanced functionality * 3 full bathrooms Don't miss this opportunity to own a cash-flowing investment in one of Atlanta's most historic and rapidly evolving neighborhoods. Schedule your showing today and begin building wealth from day one!

$2,295/mo

Est. mortgage payment based on a $345,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7815014

Interior Features

Bedrooms
7
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Taxes
$2,337
Tax Frequency
Annually
Secondary Association Fee
Not Listed
View
Yes

Also listed on GAMLS

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Listed by LYNNISE NIA KNOWLES with Area West Realty, LLC. 404-439-1026

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Data is refreshed every 3 hours. Listing last updated 2:40 AM UTC on 9/27/2026. 

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