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549 Parkway Drive; Atlanta, GA 30308

$585,000

No HOA Fee Simple Townhouse No Rental Restrictions! Eclectic all-brick house located in Atlanta’s highly desirable Old Fourth Ward, a neighborhood known for its vibrant energy, creative spirit, and mix of historic architecture and modern design. Just three blocks from Ponce City Market, the Atlanta BeltLine, and top-rated dining and entertainment, this turnkey opportunity is currently operating as a successful short-term rental and is professionally furnished. It offers two bedrooms plus a loft furnished as a third bedroom and two full bathrooms. Features include exposed brick walls, two beautiful wood-burning brick fireplaces (one in the main living area and one in the upper-level primary bedroom), a brand-new full bath on the main level with custom tile and glass shower, new carpet and padding in the upper loft, hardwood flooring in the main living areas, and tile in the kitchen and bathrooms. Recent upgrades include fresh interior paint, a brand-new A/C unit, and a roof replaced in 2018. Enjoy a level, private backyard perfect for entertaining or relaxing. Fee simple ownership with no HOA and no rental restrictions makes this ideal for both homeowners and investors. Projected Airbnb income of approximately $56,200 per year (per AirDNA). Minutes from Mercedes-Benz Stadium, State Farm Arena, Centennial Olympic Park, Downtown Atlanta, Inman Park, Virginia-Highland, Poncey-Highland, Grant Park, Midtown, Hapeville, Porsche North American Headquarters, Delta Air Lines HQ, Georgia State University, Emory Hospital Midtown, Tech Square, and Hartsfield-Jackson Atlanta International Airport. Appointment required—do not disturb tenants. Please verify all short-term rental regulations with Fulton County and the State of Georgia. Owner-Agent
Key Facts
  • Style:
  • Year Built: 1985
  • Status: Active
Schools
  • Elementary School: Hope-Hill
  • Middle School: David T Howard
  • High School: Midtown
Bedrooms
  • Beds Total: 2
Bathrooms
  • Baths Full: 2
  • Baths Half: 0
  • Main Full Baths: 1
  • Master Bath Features: Separate Tub/Shower, Soaking Tub, Vaulted Ceiling(s)

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Listing information last updated on August 26, 2025