Investors, take note: 1908 Penelope Rd NW is a well-positioned income property in one of Atlanta's high-demand Westside submarkets. This 1930-built, two-story home offers six bedrooms and two bathrooms, ideal for a room-by-room rental strategy, or lease the entire home to a single tenant or family for simpler management. Washer/dryer connections on both levels support flexible unit configurations, and hardwood floors, a fenced lot, and controlled access make the property easy to market and maintain. The location taps directly into strong, diverse renter demand. Sitting roughly 3 miles from the Atlanta University Center (Clark Atlanta University, Morehouse College, Spelman College, and Morehouse School of Medicine), this home has ready access to one of metro Atlanta's largest and steadiest tenant pools: students, faculty, and staff needing quality housing near campus. Commuter tenants will value being moments from I-20 and a 7-minute walk to the West Lake MARTA Station, with Hamilton E. Holmes, Ashby, Bankhead, and West End stations all close by, plus a 20-minute drive to Hartsfield-Jackson Atlanta International Airport - a natural draw for airline and travel-industry renters. Add in nearby shopping at Dixie Hills Plaza and Westview Plaza, recreation along the Atlanta BeltLine Southwest Connector Spur Trail and Cascade Springs Nature Preserve, and healthcare access via Grady Memorial Hospital and Emory University Hospital Midtown, and you have a location that supports long-term tenant retention. With room-by-room or whole-house rental flexibility and a location that checks every box for renters - transit, education, employment, and airport access - 1908 Penelope Rd is a compelling addition to any rental portfolio.
Listed By
Agency Name: Keller Williams Realty
Agency Phone: 404-541-3500
Shown By
Agency Title: Crye-Leike Real Estate Services - Adaro Realty - Memphis
Agency Phone: 901-751-6675
Estimated Payment
$ 1,069.52 per month $723.31 Principal & Interest $251.42 Property Tax $94.79 Homeowner's Insurance![]()
Greater Memphis
890 Willow Tree Cir. Suite 6
Cordova, TN 38016
901-751-6675
memphis@adarorealty.net
Jeanne Childress, Managing Broker
Middle Tennessee
1187 Old Hickory Blvd. Suite 125
Brentwood, TN 37027
615-376-1688
nash@adarorealty.net
David Collyer, Managing Broker
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
1908 Penelope Road Nw | MLS# 10819875
This multi-family property located at 1908 Penelope Road Nw, Atlanta, GA 30314 is currently listed for sale with an asking price of $325,000. Search Atlanta real estate on www.adarorealty.com today.