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Key Details
Sold Price $251,200
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,022 sqft
Price per Sqft $124
Subdivision Clayton Ridge
MLS Listing ID 7569624
Sold Date 07/03/25
Style Traditional
Bedrooms 9
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1972
Annual Tax Amount $2,434
Tax Year 2024
Lot Size 0.286 Acres
Acres 0.2858
Property Sub-Type Single Family Residence
Source First Multiple Listing Service
Property Description
This turnkey 9-bedroom, 3-bathroom (2 shared baths) co-living home presents a rare opportunity for investors seeking high monthly cash flow in the Atlanta metro area. Fully renovated and fully occupied through PadSplit, this 2,022 sqft property generates $5,770/month in gross rents with an estimated NOI of $3,300/month and a 15.2% cap rate.
Just minutes from major interstates and Hartsfield-Jackson International Airport, Leafwood Lane is ideally positioned for workforce housing, attracting reliable tenants looking to live closer to job hubs. PadSplit is a co-living platform that helps provide affordable housing to working professionals while maximizing returns for property owners. The platform handles tenant screening and onboarding, income verification, rent collection, and provides easy communication and maintenance management tools.
If you're unfamiliar with how PadSplit works or want to explore whether this model is right for you, reach out—we'd be happy to walk you through it.
Location
State GA
County Clayton
Area Clayton Ridge
Lake Name None
Rooms
Bedroom Description None
Other Rooms None
Basement Daylight, Finished, Other
Main Level Bedrooms 3
Dining Room None
Kitchen Cabinets White, Stone Counters
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Equipment None
Window Features None
Appliance Dryer, Electric Range, Microwave, Refrigerator, Washer, Other
Laundry In Basement
Exterior
Exterior Feature Rain Gutters
Parking Features Driveway
Fence Back Yard, Chain Link
Pool None
Community Features None
Utilities Available Electricity Available, Water Available
Waterfront Description None
View Y/N Yes
View Rural
Roof Type Composition,Shingle
Street Surface Asphalt
Accessibility None
Handicap Access None
Porch None
Total Parking Spaces 3
Private Pool false
Building
Lot Description Back Yard, Front Yard
Story Multi/Split
Foundation Combination
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Multi/Split
Structure Type Brick,Brick Front,Wood Siding
Construction Status Resale
Schools
Elementary Schools Brown - Clayton
Middle Schools Pointe South
High Schools Mundys Mill
Others
Senior Community no
Restrictions false
Tax ID 05245A G028
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Keller Williams Realty Metro Atlanta