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197 Doane St SW
Pending
Single Family
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$159,900

197 Doane St SW, Atlanta

83% below median
3 bd·1 ba·0 sqft
Built 19705,401 sqft lotMechanicsville

197 Doane St SW, Atlanta, GA

3 bd · 1 ba · 0 sqft Single Family listed at $159,900, built in 1970 in the Mechanicsville neighborhood.

About this home

Located less than one mile from the Atlanta BeltLine, Southside Trail, this property offers an opportunity for a brilliant investment. Surrounded by active renovations and new construction, this home offers exceptional upside potential for the savvy investor or builder. Whether your strategy is a fix-and-flip, rental reposition, or full rebuild, the surrounding streetscape demonstrates what's possible. The flat lot and single-level footprint provide flexibility and efficiency for redevelopment. This is an estate sale. Property is occupied. No showings prior to Binding Agreement. Bring your vision and capitalize on a location where demand, development, and long-term appreciation converge. The Seller has received multiple offers. The Seller is requesting that all interested parties submit their highest and best offer by noon on Monday, March 2, 2026.

Property details

Price
$159,900
Bedrooms
3
Bathrooms
1
Year built
1970
Lot size
5,401 sqft
Type
Single Family
Days on market
92
Est. property tax
$1,471/yr · $123/mo · 0.92% GA avg

Estimated monthly payment

Down payment20% ($31,980)
Interest rate6.75%
Principal & Interest$830
Property Tax$147
Insurance$150
Total$1,126/mo

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Price history

$161K$160K$158K$160K on Jan 26 (Initial list)$160K on Jan 26 (Initial list)
$160K · Jan 26$160K · Jan 26
  1. Jan 23, 2026$159,900Initial list price
  2. Jan 23, 2026$159,900Initial list price

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.

Home Intelligence

Neighborhood (zip 30315)

This neighborhood is primarily renter-occupied (39% owner-occupied). Median age is 35.0; 16% hold a bachelor's degree; median household income is $36,436.

Median income
$36,436
Median age
35.0
Owner-occupied
38.8%
Bachelor's degree
16.3%
Census median home value
$240,100

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

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