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771 Central Ave SW
Land
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$57,000

771 Central Ave SW, Atlanta

94% below median
0 bd·0 ba·0 sqft
4,356 sqft lotMechanicsville

771 Central Ave SW, Atlanta, GA

0 bd · 0 ba · 0 sqft Land listed at $57,000 in the Mechanicsville neighborhood.

About this home

Incredible opportunity to build in the heart of Southwest Atlanta! This vacant lot previously featured a residential home that has been recently demolished, offering the added advantage of utilities already in place-saving both time and development costs. Located in an area experiencing ongoing revitalization, this property may qualify for City of Atlanta redevelopment incentives and potential tax credits, providing additional value for builders and investors. The lot presents an excellent opportunity for new construction, including the option to incorporate an accessory dwelling unit (ADU), ideal for generating rental income or supporting multigenerational living. Conveniently situated just minutes from Downtown Atlanta, the Beltline, Mercedes-Benz Stadium, and major interstates, this property is perfectly positioned in a growing, high-demand area. Don't miss this rare chance to secure a ready-to-build lot with strong upside potential in one of Atlanta's rapidly developing communities.

Property details

Price
$57,000
Bedrooms
0
Bathrooms
0
Lot size
4,356 sqft
Type
Land
Days on market
34
Est. property tax
$524/yr · $44/mo · 0.92% GA avg
Last sold
$19,000 · Jan 2010

Estimated monthly payment

Down payment20% ($11,400)
Interest rate6.75%
Principal & Interest$296
Property Tax$52
Insurance$150
Total$498/mo

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Price history

$77K$66K$55K$75K on Feb 26 (Initial list)$75K on Feb 26 (Initial list)$69K on Feb 26 (Price change)$69K on Feb 26 (Price change)$64K on Mar 26 (Price change)$64K on Mar 26 (Price change)$61K on Mar 26 (Price change)$61K on Mar 26 (Price change)$58K on Mar 26 (Price change)$58K on Mar 26 (Price change)$58K on Mar 26 (Price change)$57K on Mar 26 (Initial list)$57K on Mar 26 (Initial list)
$75K · Feb 26$57K · Mar 26
  1. Mar 23, 2026$57,000Initial list price
  2. Mar 22, 2026$57,000Initial list price
  3. Mar 14, 2026$58,000Price change
  4. Mar 11, 2026$58,000Price change
  5. Mar 11, 2026$58,000Price change
  6. Mar 8, 2026$61,000Price change
  7. Mar 8, 2026$61,000Price change
  8. Mar 2, 2026$64,000Price change
  9. Mar 2, 2026$64,000Price change
  10. Feb 18, 2026$69,000Price change
  11. Feb 18, 2026$69,000Price change
  12. Feb 10, 2026$75,000Initial list price
  13. Feb 10, 2026$75,000Initial 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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