214 + 0 South Ave SE | Atlanta 30315
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Two‑Parcel Offering: Income‑Producing Home + Buildable Corner Lot

House lot: ~3,107 sqft | Adjacent Lot: ~3,016 sqft

This offering includes two legal parcels: 214 South Ave SE and the adjacent buildable lot at 0 South Ave SE in Atlanta’s Summerhill neighborhood. The property sits on a natural slope typical of this portion of Summerhill. Nearby redevelopment projects have successfully incorporated similar grade changes into modern multi‑level homes with drive‑under garages and elevated terraces. This topography offers opportunities for creative architectural design that can take advantage of the site's elevation and corner positioning. What appears to function as part of the yard is in fact a separately deeded, buildable corner lot. Buyers may choose to maintain the existing configuration, pursue infill development, or explore administrative lot consolidation with the adjacent parcel (subject to city review). The offering includes two adjacent parcels totaling approximately 6,100 SF of combined site area.

Vacant land sales within several blocks have approached $75,000 for parcels significantly smaller than the included ~3,016 SF lot. Buildable inventory in this micro‑pocket remains limited. City staff indicated that administrative lot consolidation with the adjacent parcel may be possible, potentially creating an approximately 52‑foot frontage site. Across the street, similarly sized parcels have already been developed into modern three‑story homes now valued above $900,000.

Tenancy
Mid‑term / professional housing model with tenants in place
Land
Separate buildable parcel included (0 South Ave SE)
Operations
Remote‑management ready systems in place
Site
Corner‑lot positioning
Zoning
According to preliminary conversations with the City of Atlanta planning department, the parcel falls within the R‑4B zoning classification. Buyers should independently verify zoning, setbacks, and development potential with the City of Atlanta.

Offering Summary (Pre-MLS)

Off-market, two-parcel offering: a stabilized mid-term rental at 214 South Ave SE plus a separate buildable lot at 0 South Ave SE.

  • Package sale: 214 South Ave SE + 0 South Ave SE (two parcels sold together)
  • Income + infill optionality in Atlanta 30315 redevelopment corridor
  • Mid-term rental operations in place (medical / professional tenant profile). Leases expire July 1.
  • Livable home + separately deeded buildable vacant lot

Asset Overview

214 South Ave SE (Improved)

  • Approx. size~2,100 SF
  • Lot size3,107 SF | 0.0713 acres
  • Configuration3 BR / 2 BA
  • Year built2005
  • SiteCorner lot
  • UtilitiesAll electric (GA Power); Atlanta Watershed
  • FurnishingsNegotiable

0 South Ave SE (Vacant Lot)

  • ParcelSeparate parcel included
  • Size0.0692 acres | 3,016 SF
  • ZoningR3 | Land code 6 | LUC 100
  • TopographyCounty TOPO: LEVEL (no steep adjustment applied)
  • TitleTitle recently cleared

Stabilized Mid-Term Rental System (Not Airbnb Churn)

  • 15-year owner-operator system
  • Tenant profile: medical residents / healthcare professionals / long-hour workers
  • Current room rents (conservative): $1,100 + $850 + $850
  • Room available / incoming tenant May 1 (if desired)
  • Lease flexibility clause (60-day)
  • Owner-occupant hybrid model possible (“house hack”)

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Detailed financials, rent roll summary, and additional documentation available upon request.

Request Offering Packet

Systems & Remote-Owner Readiness

HVAC

  • Newly installed Dual HVAC system with heat pump (energy efficient)
  • Designed to handle Atlanta heat + elevated site exposure

1000 SqFt Deck

  • Reinfoced Joists on North end can support hot tub or mini pool

Access & Parking

  • Driveway updated in 2023 to accommodate two cars

Water Management

  • Moen smart water shutoff with remote monitoring

Controls & Security

  • Nest thermostats
  • Hard-wired camera system in place; upgradeable
  • Nest / Google Home cameras on driveway and doorbell with remote capability

Local Support

  • Plumber relationship in place
  • Landscaper relationship in place

Opportunity Notes (0 South Ave SE)

  • Rare infill buildable lot included (separate parcel)
  • Utilities adjacent / available in city context
  • Use cases:
  • Hold for appreciation
  • Combine parcels
  • Expansion / new build (subject to zoning)

Positioned for scarcity-driven value and flexible future use.

Data-Backed Valuation Range

Values shown below are a data-backed range derived from recent comparable sales (last 18 months). This is not an appraisal and final pricing may vary based on buyer strategy, terms, and joint-parcel optionality.

214 Comps (Last 18 Months)

  • Mean sale$621,361
  • Median sale$601,000
  • Mean PPSF (structure)$349.73
  • Median PPSF (structure)$345.01
  • Estimated value (structure method)$629,512
  • Estimated value (total-area method)$568,287

0 South Land Comps (Last 18 Months)

  • Mean land $/SF$56.89
  • Median land $/SF$72.12
  • Land value estimate (3,016 SF)$171,577 – $217,114
  • Combined simple band~$772K–$847K (simple sum of component bands)
Mean sale price by neighborhood code
Mean sale price by neighborhood code (last 18 months)
Mean land sale price by square foot
Mean land $/SF by area (last 18 months)
214 South Sketch
214 South Structure

Anchor Comp: 218 South Ave SE

  • Sale price$825,000
  • Structure size2,668 SF
  • Lot size7,688 SF (0.1765 acres)
  • Configuration4 BR / 4 BA with garage and major upgrades

This offering differs: smaller structure plus two-parcel optionality and a stabilized mid-term system.

Location & Demand Drivers

  • Summerhill redevelopment tailwinds
  • GSU / Center Parc Stadium area growth
  • Institutional investment nearby
  • Proximity to Mercedes-Benz Stadium hosting global events (including World Cup)
  • Fast bus connection to downtown planned near Georgia State Stadium
  • Strong neighborhood walkability characteristics

Photos

214 South Ave SE – front of house
Front of house
214 South Ave SE – Corner Lot
0 South Ave
214 South Ave SE – side yard 2
Rear entrance
214 South Ave SE – 0 South Ave
0 South Ave
214 South Ave SE – 0 South Ave
0 South Ave
Bird’s-eye view showing both parcels
Bird’s-eye view – both parcels

Fulton County tax assessor record search: Property Records Search .

Prepared by Savage Props, LLC

Documents

Comps taken from Qualified sales only.

Contact & Terms

  • Email: savagepropsllc@gmail.com
  • Proof of funds requested prior to full packet
  • Buyer representation welcome
  • Sale includes two parcels; must close together

Summerhill Atlanta Development Opportunity

This offering includes 214 South Ave SE and the adjacent buildable parcel at 0 South Ave SE in the rapidly evolving Summerhill neighborhood of Atlanta. The corner‑lot property sits near Grant Park, Georgia State Stadium, and the Summerhill redevelopment corridor.

Buyers searching for a Summerhill Atlanta buildable lot, Atlanta infill development opportunity, narrow lot modern home site, or corner lot development parcel will recognize the redevelopment momentum in this portion of Atlanta 30315.

Nearby redevelopment projects in Summerhill and Grant Park have produced modern multi‑story homes valued above $900,000, demonstrating strong demand for thoughtful infill development in this area.