853 Erin Ave SW, Atlanta, GA 30310

Unbeatable Value in Atlanta’s Capitol View: A Home with Tremendous Potential!

Discover an extraordinary opportunity at 853 Erin Ave SW, Atlanta, GA 30310! This 2-bedroom, 1-bathroom single-family home (listed as a condo in some sources, buyer to verify classification) offers a comfortable 875 sqft of living space on a generous 7,231 sqft lot. Built in 1954, this property presents a fantastic canvas for renovation, offering immense upside in a rapidly appreciating Atlanta neighborhood.

Priced at an astonishingly low $188,000, with an estimated refinance payment of just $1,204/month, this property stands out as an unparalleled value in the current Atlanta real estate market. Consider these powerful insights for the 30310 zip code and Atlanta overall:

• The median listing home price in 30310 is $340,000, with a median sold price of $255,800 (April 2025). For 2-bedroom condos in Atlanta, the average rent is around $1,450/month.
• This property is priced at approximately $214.86 per square foot, while the median sale price per square foot in 30310 is $208 (May 2025). However, considering the overall median listing prices for homes in the area, this property is still an exceptional value.
• The Zestimate for this specific property is $195,387, and it was listed at $195K-$225K recently before going off-market (May 2025), suggesting that the current listed price of $188,000 offers an attractive entry point.
• The 30310 zip code, encompassing the Capitol View neighborhood, is experiencing significant growth and development. It’s considered “somewhat competitive,” with homes selling for about 3% below list price and a median of 63.5 days on the market (May 2025), indicating opportunities for smart buyers.
• Capitol View is known for its proximity to Downtown Atlanta (just 2 miles away), excellent transit options (Oakland City Subway 15 min walk), and local parks like Perkerson Park. Residents praise its diversity and community feel.

This home is ideal for a savvy investor looking for a high-ROI flip or a long-term rental, or a first-time homebuyer eager to customize a property and build equity in a vibrant and growing part of Atlanta. Don’t miss this rare opportunity to acquire a property with such remarkable upside in a thriving city!