Skip to content

38 Fairburn Road SWAtlanta, GA 30331

Fulton County

$1,950,000List price
16,878Sq Ft
1966Year built
1.23Acre lot
10 weeks agoOn market

Description

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.

Property Information

Property type
Commercial Sale
Sub-type
Condominium
Year built
1966
Building area
16,878 Sq Ft
Lot size
1.23 acres
Lot dimensions
182x268x192x271
Parking spaces
1
Zoning
RG2
Days on market
73
MLS® Listing#
7810375

Property Features

Interior
Other
Cooling
Central Air
Heating
Central
Flooring
Vinyl
Basement
None
Parking
Parking Lot
Fencing
Fenced
Lot features
Level
Foundation
Slab
Roof
Other
Other structures
None
Utilities
Electricity Available · Natural Gas Available · Sewer Available · Water Available

Financial Details

HOA
None
Annual taxes
$45,288Tax year 2025
Parcel number
14 024300030476

Directions

I-20 W to Exit 51B (MLK Jr Dr W). West on MLK Jr Dr SW ~1 mi, turn left on Fairburn Rd SW. Property on the right.

FMLS logo

Listing Courtesy: Southern REO Associates, LLC - 770-642-9494

Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please https://www.fmls.com/dmca.htm to review our DMCA policy and learn how to submit a takedown request. ©2026 FMLS.

Last Updated: 2026-07-23T00:00:00.000Z

Connect with a Local Real Estate Expert

  • Bob Powell

    Franchisee, Broker of Record

    EXIT Team Realty