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197 Carroll St SE
Multi-Family
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$689,000

197 Carroll St SE, Atlanta

23% below median
0 bd·0 ba·0 sqft
Built 19202,919 sqft lotCabbagetown

197 Carroll St SE, Atlanta, GA

0 bd · 0 ba · 0 sqft Multi-Family listed at $689,000, built in 1920 in the Cabbagetown neighborhood.

About this home

Set in the heart of Cabbagetown, one of Atlanta's most beloved and vibrant neighborhoods, this Historic Duplex delivers a rare blend of Architectural Character, Income Potential, and Prime Intown Location. Positioned just steps from the Atlanta BeltLine and surrounded by some of the city's best dining, coffee, and culture, this property is a standout opportunity for investors, house hackers, or buyers seeking a truly unique intown asset. Located on one of the Most Photographed Streets in Cabbagetown, the setting alone makes this home unforgettable. The duplex includes Unit A (2 Bedrooms, 1.5 Baths) and Unit B (2 Bedrooms, 2 Full Baths) each with its own personality, layout, and historic charm, with the added flexibility to easily convert into a Single-Family Residence. Unit A features Original Hardwood Floors, an inviting Living Room with an Original Fireplace, and a charming Kitchen with White Cabinetry, Butcher Block Countertops, Stainless Steel Appliances, and an adjacent Dining Area, plus a convenient Half Bath on the main level. Upstairs, two Bedrooms and a Full Bathroom with a classic Clawfoot Tub complete the space, along with generous closet storage. Unit B offers a more eclectic, loft-inspired layout with Hardwood Floors, a Flexible Living Space or Bedroom on the main level, an additional Bedroom and Full Bathroom, and an upstairs Open-Concept Living Area anchored by an Exposed Brick Fireplace. The Kitchen features White Cabinetry and views to the Living Room, while a Full Bathroom and Large Closet complete the upper level. Both units enjoy access to a Rear Deck perfect for entertaining, relaxing, or quiet evenings outdoors. Additional highlights include New HVAC, One Dedicated Parking Space per Unit, and exceptional versatility, making this property ideal as a Long-Term Investment, Boutique Airbnb Opportunity, Live/Work Setup, or Future Single-Family Conversion. Step outside and you're surrounded by neighborhood icons like Carroll Street Caf , JenChan's, and 97 Estoria, with easy access to Krog Street Market, Reynoldstown favorites like Muchacho and Home Grown, Grant Park, Oakland Cemetery, and Downtown Atlanta. Spend weekends at Cabbagetown Park, host friends during the annual Chomp & Stomp Festival, or enjoy effortless access to I-75/85 and Atlanta's best intown destinations. Whether you're looking for a Strong Investment, Flexible Living Opportunity, or a One-of-a-Kind Intown Property, this Cabbagetown Duplex is a rare chance to own a piece of Atlanta history in one of its most dynamic and walkable neighborhoods.

Property details

Price
$689,000
Bedrooms
0
Bathrooms
0
Year built
1920
Lot size
2,919 sqft
Type
Multi-Family
Days on market
38
Est. property tax
$6,339/yr · $528/mo · 0.92% GA avg
Last sold
$16,000 · Mar 1989

Estimated monthly payment

Down payment20% ($137,800)
Interest rate6.75%
Principal & Interest$3,575
Property Tax$632
Insurance$150
Total$4,357/mo

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Price history

$872K$413K$-46K$30K on Apr 82 (Sold)$795K on Jan 26 (Initial list)$795K on Jan 26 (Initial list)$795K on Jan 26 (Initial list)$775K on Feb 26 (Price change)$775K on Feb 26 (Price change)$775K on Feb 26 (Price change)$724K on Mar 26 (Price change)$724K on Mar 26 (Price change)$724K on Mar 26 (Price change)$689K on Mar 26 (Initial list)$689K on Mar 26 (Initial list)$689K on Mar 26 (Initial list)$724K on Mar 26 (Price change)$724K on Mar 26 (Price change)
$30K · Apr 82$724K · Mar 26
  1. Mar 19, 2026$724,000Price change
  2. Mar 19, 2026$724,000Price change
  3. Mar 19, 2026$689,000Initial list price
  4. Mar 19, 2026$689,000Initial list price
  5. Mar 19, 2026$689,000Initial list price
  6. Mar 4, 2026$724,000Price change
  7. Mar 3, 2026$724,000Price change
  8. Mar 3, 2026$724,000Price change
  9. Feb 19, 2026$774,900Price change
  10. Feb 18, 2026$774,900Price change
  11. Feb 18, 2026$774,900Price change
  12. Jan 29, 2026$795,000Initial list price
  13. Jan 29, 2026$795,000Initial list price
  14. Jan 29, 2026$795,000Initial list price
  15. Apr 1, 1982$30,000Sold

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 197 Carroll St SE, Atlanta
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Home Intelligence

Neighborhood (zip 30312)

This neighborhood is primarily renter-occupied (36% owner-occupied). Median age is 32.1; 34% hold a bachelor's degree; median household income is $70,540.

Median income
$70,540
Median age
32.1
Owner-occupied
35.9%
Bachelor's degree
33.5%
Census median home value
$452,900

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

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