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867 Parsons St SW, Atlanta, GA, 30314

5beds
2baths
0sqft
$200,000
--price/sqft
$1,566/moest. monthly cost
$62,640/yrincome needed

About This Home

Investor Special! Don't miss this outstanding opportunity to renovate and add value to the community. Currently operating as a 5-bedroom, 2-bath home located in the heart of Southwest Atlanta. Situated just minutes from the Atlanta University Center, this property offers exceptional potential for investors, builders, or buyers seeking their next renovation project. Formerly operated as a boarding house, the home features a flexible floor plan and living space that can be reimagined to meet a variety of residential uses, subject to local zoning and permitting requirements. Whether you're looking to restore it as a single-family residence, renovate for long-term rental income, or explore other permitted investment opportunities, this property presents tremendous upside. The home requires significant renovation and is being sold strictly AS-IS. Home does have a NEW ROOF and NEWER HVAC system. This is a true fixer-upper and is best suited for experienced investors or buyers looking to capitalize on the area's continued growth and redevelopment. Conveniently located near Downtown Atlanta, Mercedes-Benz Stadium, Lee + White District, the Atlanta BeltLine, shopping, dining, MARTA, major interstates, and the campuses of Clark Atlanta University, Morehouse College, Spelman College, and Morris Brown College. Bring your contractor and your vision to unlock the full potential of this property. Buyer to verify all information deemed important, including zoning, permitted uses, room dimensions, and school information. Seller disclosures upon request. SELLER REQUEST FOR HIGEST AND BEST DUE TO PRICE REDUCTION AND MULTIPLE OFFERS. DEADLINE IS 8/10/2026 @ 7PM

Getting Around

72
WalkingVery Walkable
59
TransitGood Transit
52
BikeBikeable

Schools

Construction

Condition

  • Property condition: Fixer
  • Year built: 1925

Materials

  • Foundation: Block
  • Roof: Concrete
  • Construction materials: Other,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow/Cottage,Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Other
  • Laundry features: None

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 5

Features

  • Other,Roommate Plan
  • Flooring: Hardwood
  • Number of fireplaces: 3
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 0
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 14 010900030396
  • Special condition: As Is

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Exterior features: Other
  • Fencing: Back Yard
  • Has view: Yes
  • View description: City
  • Waterbody name: None

Lot

  • Lot size: 3,092 sqft
  • Features: Other

Parking

  • Parking features: Off Street,Parking Pad
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningModerate

How This Home’s Risks Compare

Lightning

FEMA Declared Disasters Across Georgia Counties

Flood
Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,011$12,132
Home Insurance *$153$1,836
Property Taxes $183$2,196
Electricity $219$2,637
Total$1,566$18,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,691/yr
40% on housing$46,980/yr
45% on housing$41,760/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.7%
2.7%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 30314$135
Fulton County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 30314$133
Fulton County$202

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-15Pending sale$180,000
2026-08-06Price change$180,000
2026-07-22Listed for sale$200,000
2016-12-02Sold$80,000
2016-09-15Listed for sale$89,900
2016-07-29Pending sale$89,900
2016-07-17Listed for sale$89,900
2015-11-30Sold$75,000
2015-09-21Listed for sale$75,000
2009-05-11Sold$15,000
2009-01-15Listing removed$29,000
2008-12-23Listed for sale$29,000
2008-10-02Sold$42,802
2006-08-18Sold$170,000
2006-07-06Sold$112,000
2004-05-25Sold$91,000
2000-09-08Sold$30,000

For Sale by Agent

AgentNiji Keshinro
BrokerageHomeSmart

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