For SaleRisky Deal7 days on market

1515 N Morningside Dr NE

1515 N Morningside Dr NE, Atlanta, GA 30306, Atlanta, GA 30306
$1,495,000
Estimate®:$1,436,800

Listing Price

Property image 1
1515 N Morningside Dr NE, Atlanta, GA 30306
Loc: Atlanta, GA
Days Listed
7
Tax Assessed
$1237k
Estimate®
$1437k
Market Rate
Lot Size
0.27 acres
Rent Estimate
$6,541/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Morningside Elementary School

K-5
0.3 mi away
9

David T Howard Middle School

6-8
2.6 mi away
9

Midtown High School

9-12
1.3 mi away
Haven Underwritten Market·Stronger DSCR (0.76x)

Atlanta, GA Investment Analysis (2026)

Cap Rate: 4.76% · Median Rent: $2,650/mo · Effective Tax: 0.91%

Open Atlanta Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

traditionalbrick exteriortwo-storybay windowdetached garagedrivewayasphalt shingle roofmature treeslandscapedresidentialsuburbanpitched roofside-gablecozy

Haven AI Verdict

Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.95%
Total ROI
22.9%
Cash Flow
$-4,085/mo
DSCR
0.47
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-4,085/mo net cash flow with a 3.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Atlanta, GA
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-17Listed for sale$1,495,000$504
2022-06-08Sold$1,025,000$346
2022-05-26Pending sale$1,025,000$346
2022-04-14Price change$1,025,000$346
2022-03-17Listed for sale$998,000$337
2008-05-14Listing removed$700,000$236
2008-02-14Listed for sale$700,000$236
2007-05-22Sold$625,000$211

Tax History

YearProperty TaxTax Assessment
2025$16,484.16$494,920
2024$14,538.37$496,520
2023$10,784.41$410,000
2022$14,706.8$363,400
2021$13,852.8$341,960
2020$14,855.98$358,840
2019$12,841.27$316,520
2018$12,841.27$298,560
2017$12,841.27$268,800
2016$12,090.35$268,800
2015$12,141.49$268,800
2014$8,788.44$228,040
2013$9,863.69$223,560
2012$9,932.99$223,560
2011$0$223,560
2010$9,873.52$223,560
2009$2,354.31$223,560
2008$0$223,560
2007$1,939.39$184,160
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
5
Sq Ft
2,965

Similar Properties Nearby

Explore other investment opportunities in Atlanta.