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16,878 sqft

$1,950,000

38 Fairburn Road SW, Atlanta GA, 30331

Price per sqft$115.54
Built in1966
Property size16,878 sqft
Property typeCommercial

Overview

Active

Listed Jul 23, 2026

Updated Sep 3

38 Fairburn Rd SW, Atlanta, GA 30331 - 20-Unit Multifamily Investment Opportunity. This 20-unit apartment community presents a compelling value-add opportunity in the Adamsville submarket of Southwest Atlanta. Built in 1966 and renovated in 1990, the property spans approximately 33,756 square feet on a 1.23-acre lot, with a uniform unit mix of 2-bedroom, 1-bathroom residences offering strong appeal to the area's steady rental demand. Priced at roughly $97,500 per unit and $58 per square foot, the asset offers an attractive basis for investors seeking to execute a renovation and repositioning strategy or add a stabilized asset to their portfolio. The property's consistent unit layout simplifies capital planning and rent-up execution across the entire building. Located minutes from downtown Atlanta with convenient access to major thoroughfares, the property benefits from proximity to employment centers, retail, and public transit, supporting long-term tenant demand. Southwest Atlanta continues to see renewed investor interest, driven by affordability relative to neighboring submarkets and ongoing infrastructure and development activity in the broader Atlanta metro. This is a rare opportunity to acquire a 20-unit asset at an accessible price point in a growing Atlanta submarket. Contact the listing agent for financials, due diligence materials, and showing instructions.

Additional information

MLS® ID
10812460

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.23 Acres

Other Property Details

Taxes
$45,288
Tax Frequency
Annually
Association Fee Frequency
Yearly

Also listed on FMLS

Listed with Southern REO Associates, LLC

Based on information from Georgia MLS as of 9/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2026 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed. 

Data last updated 3:37 AM UTC, 9/3/2026

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