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525 Parkway Dr NE Apt 208
Condo
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TOUR

$254,900

$388/sqft

525 Parkway Dr NE Apt 208, Atlanta

73% below median
1 bd·1 ba·657 sqft
Built 2020653 sqft lotOld Fourth Ward

525 Parkway Dr NE Apt 208, Atlanta, GA

1 bd · 1 ba · 657 sqft Condo listed at $254,900, built in 2020 in the Old Fourth Ward neighborhood.

About this home

Welcome to 525 Parkway Drive, THE CONDO THAT PAYS FOR ITSELF!! There are NO RENTAL RESTRICTIONS. Air BnB flourishes here and is allowed. Air BnB income for last 15 months is $34,856 and our seller will show you how!. The home is FULLY FURNISHED! This home has an OPEN floorplan that is bathed with natural light. The 'like new' condo has high profile amenities that include a LARGE modern rooftop gathering place, state-of-the-art fitness complex, stylish lobby entry and tastefully decorated corridors. Enjoy quiet times on your own private balcony. Got a student in a dorm nearby? Introduce them to their own furnished condo and get rental income when your student is out of School! THE OWNER HAS BENEFITED FROM AN OVER 80% RENTAL OCCUPANCY AT AIR BnB RATES OVER THE LAST YEAR. THE TRUE VALUE OF THIS LISTING IS THAT THE SELLER WILL SHOW YOU HOW TO DO IT! The home includes washer/dryer/frig, all furniture, a completely stocked kitchen with quartz countertops and in-home laundry...so there are no 'after closing' expenses. This home is perfect for suburban commuters that desire an in-town living investment. Corporate owners can benefit from providing appealing city living for visitors who need local living that is less expensive than hotel housing and still has a high potential ROI play as well. Groups of pilots, flight attendants and others can share rental expenses and will love the convenience of this upscale downtown Atlanta location which is only 20 minutes from Hartsfield-Jackson Airport. The owner has one gated parking space but, no worries here, there is ALWAYS PLENTY OF STREET PARKING available. You are walking distance from the Ponce City Market, the Atlanta Beltline Exercise/Biking Trail, Georgia Tech, MARTA and high profile shopping/dining/entertainment. Easy access to all major expressways. SEE ATTACHED AREA EXPLOSIVE GROWTH ARTICLE and rent revenue reports. Condo not always available to show due to its popularity but lets try to set it up. This property is worth an intensive review. The Parkway has it all! Unit 208 is the perfect investment!

Property details

Price
$254,900
Bedrooms
1
Bathrooms
1
Interior
657 sqft
Price / sqft
$388
Year built
2020
Lot size
653 sqft
Type
Condo
Days on market
127
Est. property tax
$2,345/yr · $195/mo · 0.92% GA avg
HOA
$325/mo

Estimated monthly payment

Down payment20% ($50,980)
Interest rate6.75%
Principal & Interest$1,323
Property Tax$234
Insurance$150
Total$1,706/mo

Can I afford this?

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Price history

$302K$138K$-26K$2K on Oct 22 (Price change)$2K on Oct 22 (Price change)$2K on Feb 23 (Price change)$2K on Feb 23 (Price change)$2K on May 23 (Price change)$2K on Jun 23 (Price change)$275K on Jul 23 (Initial list)$270K on Aug 23 (Price change)$265K on Aug 23 (Price change)$260K on Aug 23 (Price change)$260K on Nov 23 (Price change)$268K on Nov 23 (Relisted)$268K on Dec 23 (Sold)$275K on Jul 24 (Initial list)$275K on Nov 24 (Price change)$275K on Dec 25 (Initial list)$275K on Dec 25 (Initial list)$255K on Dec 25 (Price change)$255K on Dec 25 (Price change)
$2K · Oct 22$255K · Dec 25
  1. Dec 20, 2025$254,900Price change
  2. Dec 20, 2025$254,900Price change
  3. Dec 19, 2025$275,000Initial list price
  4. Dec 19, 2025$275,000Initial list price
  5. Nov 15, 2024$275,000Price change
  6. Jul 11, 2024$275,000Initial list price
  7. Dec 4, 2023$268,000Sold
  8. Nov 6, 2023$268,000Relisted
  9. Nov 1, 2023$260,000Price change
  10. Aug 24, 2023$260,000Price change
  11. Aug 11, 2023$265,000Price change
  12. Aug 2, 2023$270,000Price change
  13. Jul 14, 2023$275,000Initial list price
  14. Jun 28, 2023$1,575Price change
  15. May 4, 2023$1,575Price change
  16. Feb 25, 2023$1,575Price change
  17. Feb 24, 2023$1,575Price change
  18. Oct 14, 2022$1,575Price change
  19. Oct 13, 2022$1,575Price change

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 30308)

This neighborhood skews young (median age 31.4) and is primarily renter-occupied (34% owner-occupied). 39% hold a bachelor's degree; median household income is $78,429.

Median income
$78,429
Median age
31.4
Owner-occupied
33.6%
Bachelor's degree
39.1%
Census median home value
$388,700

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

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