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1188 Sims St SW
Multi-Family
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$285,000

1188 Sims St SW, Atlanta

70% below median
0 bd·0 ba·0 sqft
Built 19305,576 sqft lotIntown South

1188 Sims St SW, Atlanta, GA

0 bd · 0 ba · 0 sqft Multi-Family listed at $285,000, built in 1930 in the Intown South neighborhood.

About this home

Looking for an opportunity to purchase a property near all that is coming to Atlanta? Then this is the perfect property to add to or begin your rental portfolio with. This value-add duplex is positioned for strong returns. One unit is vacant and ready for renovation, while the second is leased through 2027, providing immediate income during repositioning. Full modernization needed, offering a clear path to increase rents and drive long-term appreciation. Ongoing renovations and new construction nearby support continued growth in the area. Seller is pursuing short sale approval, creating an opportunity to acquire below market and build equity at entry. Offered as-is. Ideal for investors seeking cash flow, upside, and a defined value-add strategy.

Property details

Price
$285,000
Bedrooms
0
Bathrooms
0
Year built
1930
Lot size
5,576 sqft
Type
Multi-Family
Days on market
131
Est. property tax
$2,622/yr · $219/mo · 0.92% GA avg
Last sold
$315,000 · Nov 2022

Estimated monthly payment

Down payment20% ($57,000)
Interest rate6.75%
Principal & Interest$1,479
Property Tax$261
Insurance$150
Total$1,890/mo

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Price history

$374K$171K$-32K$50K on May 05 (Sold)$225K on Feb 06 (Sold)$74K on Apr 07 (Sold)$21K on Dec 09 (Initial list)$21K on Mar 10 (Price change)$21K on Mar 10 (Initial list)$21K on Apr 10 (Price change)$17K on May 10 (Relisted)$17K on May 10 (Initial list)$17K on May 10 (Initial list)$17K on May 10 (Price change)$14K on May 10 (Relisted)$17K on May 10 (Price change)$14K on May 10 (Price change)$12K on Jun 10 (Price change)$12K on Jun 10 (Price change)$11K on Jul 10 (Price change)$11K on Jul 10 (Price change)$9K on Oct 10 (Sold)$9K on Jan 11 (Sold)$340K on Oct 22 (Sold)$315K on Nov 22 (Sold)$2K on Nov 23 (Price change)$285K on Dec 25 (Initial list)$285K on Dec 25 (Initial list)$250K on Apr 26 (Price change)$250K on Apr 26 (Price change)
$50K · May 05$250K · Apr 26
  1. Apr 27, 2026$249,900Price change
  2. Apr 27, 2026$249,900Price change
  3. Dec 16, 2025$285,000Initial list price
  4. Dec 16, 2025$285,000Initial list price
  5. Nov 28, 2023$1,575Price change
  6. Nov 2, 2022$315,000Sold
  7. Oct 4, 2022$340,000Sold
  8. Jan 27, 2011$9,000Sold
  9. Oct 5, 2010$9,000Sold
  10. Jul 22, 2010$10,900Price change
  11. Jul 21, 2010$10,900Price change
  12. Jun 23, 2010$12,000Price change
  13. Jun 22, 2010$12,000Price change
  14. May 28, 2010$13,750Price change
  15. May 27, 2010$16,750Price change
  16. May 27, 2010$13,750Relisted
  17. May 21, 2010$16,750Price change
  18. May 20, 2010$16,750Initial list price
  19. May 20, 2010$16,750Initial list price
  20. May 3, 2010$16,750Relisted
  21. Apr 20, 2010$21,250Price change
  22. Mar 31, 2010$21,250Initial list price
  23. Mar 30, 2010$21,250Price change
  24. Dec 28, 2009$21,250Initial list price
  25. Apr 27, 2007$74,000Sold
  26. Feb 21, 2006$225,000Sold
  27. May 2, 2005$50,000Sold

Location

This home is located in Atlanta, GA. Browse more Atlanta listings on the Atlanta market page or explore the full Atlanta market report.

About Atlanta: Atlanta is the capital and most populous city of the U.S. state of Georgia. It is the county seat of Fulton County and extends into neighboring DeKalb County. With a population of 498,715 at the 2020 census and an estimated 520,070 in 2024, Atlanta is the eighth-most populous city in the Southeast and the 36th-most populous city in the United States. Atlanta is classified as a Beta+ global city. The Atlanta metropolitan area has an estimated population of over 6.4 million and is the sixth-largest metropolitan area in the United States. Situated among the foothills of the Appalachian Mountains at an elevation of just over 1,000 feet (300 m) above sea level, Atlanta features a unique topography that includes rolling hills, lush greenery, and the densest urban tree coverage of any major city in the United States. (source: Wikipedia)

Climate: Average year-round temperature is 63°F with 206 dry days per year and 48.8 inches of annual rainfall.

Location

Map of 1188 Sims St SW, Atlanta
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Home Intelligence

Neighborhood (zip 30310)

Median age is 36.0; 19% hold a bachelor's degree; 48% of homes are owner-occupied; median household income is $45,641.

Median income
$45,641
Median age
36.0
Owner-occupied
48.2%
Bachelor's degree
18.7%
Census median home value
$266,200

Source: US Census Bureau American Community Survey 5-year estimates.

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