clock menu more-arrow no yes mobile

Filed under:

In 1960s Midtown building, could renovated, two-bed condo qualify as affordable at $189K?

New, 42 comments

No, it’s not a dump

An older brick condo building in Atlanta.
The midcentury Melrose Park condominiums, just north of Ponce.
Clickit Realty; photography by Home Tour Realty

Believe it or not, condos around booming Midtown priced below $200,000 are not only still a thing, they’re fairly abundant, with about two dozen active listings meeting that criteria right now.

Less common: Midtown condos for $100K-something that’ve been recently, thoroughly renovated.

Checking that box—with two bedrooms, no less—is a flat at Melrose Park, a brick-built complex from 1965 near the northern edge of Old Fourth Ward.

More specifically, it’s on Argonne Avenue, just north of Ponce De Leon Avenue and directly south of Piedmont Park. The sterling 90 WalkScore doesn’t surprise.

Listed this week at $189,900 through Clickit Realty, the condo is described as “tastefully updated” with an “unbeatable” location.

Beyond new lighting and ceiling fans, recent changes include a more open floorplan that showcases a kitchen with Calcutta quartz countertops, a “designer” backsplash, patterned tile, and soft-close cabinetry.

Hardwoods have been “refinished to their original glory” throughout, and a new accent wall in the living room does catch the eye.

A living room in a condo with an accent walls and wood floors.
What’s described as a “Pinterest-worthy custom millwork accent wall” in the living room, and a look at the redone floors.

The catch—of course there’s a catch—is the overall size. That’d be 653 square feet in this case.

The $329 monthly HOA commitment covers water, sewer, and waste removal, per the listing.

At least three other options are for sale in the same complex right now, all of similar size and priced below $200,000. Records indicate the condo has changed hands for as little as $21,600, back in 2014. (No word on what the condition was at that time).

It just traded for $141,000 in September, prior to enhancements.

A kitchen with patterned tiled floors, in black and white.
The overhauled kitchen.
The lone, updated bathroom.
A bedroom with white walls and a light wood floor finish.
Master bedroom with a new fan and floor finish.
A slab of hard counter next to a black and white kitchen.
A slab for kitchen-eating.
A backyard of a condo area in Atlanta.
Communal fire pit behind the condos.