For SaleSingle Family Home

$475,000

Reynoldstown Bungalow Steps from the BeltLine — 3BR/2BA

801 Wylie Street Southeast, Atlanta, Georgia 30316, United States

Renovated 1920 bungalow with hardwoods, big yard, ADU potential

3

Beds

2

Baths

1,500

Sq Ft

1920

Built

0.16 acres

Lot

Move-in ready with recent kitchen and bath renovationsOriginal hardwood floors and working fireplaceUpdated HVAC systemLarge 0.16-acre lot with ADU potential (R-5 zoning)0.2 miles to BeltLine Eastside Trail and 0.5 miles to Krog Street MarketOwner-occupied since 2015; well-maintained condition

About This Home

Start with the walk across the street to the Atlanta BeltLine Eastside Trail — this is a house for people who prize proximity to city life without giving up a backyard. 801 Wylie Street SE is a one-story, 1,500 SF bungalow built in 1920 and updated for everyday modern living: original hardwood floors run through most rooms, the kitchen and both bathrooms have been remodeled, and the HVAC system has been refreshed to reduce near-term maintenance needs.

The plan is comfortable and clearly residential in scale. A living room with a working fireplace anchors the front of the house while three bedrooms and two renovated baths occupy the quieter rear. Practical details are intact — forced-air gas heating, central A/C, asphalt shingle roof (age to be confirmed), and a level lot with roughly 50 feet of frontage. The driveway fits two vehicles; there is no detached garage. Inside, the updates feel respectful of the home’s era rather than overwrought: preserved wood floors and tasteful modern finishes in the kitchen and baths.

Outside, the 0.16-acre lot (≈6,970 SF) is surprisingly generous for Reynoldstown and offers a private backyard that could support expanded outdoor living or an accessory dwelling unit (ADU) under current R-5 zoning. Keep in mind the property sits in a historic overlay, so exterior changes may require HDRC review. The owners purchased in 2015 and completed key renovations since then — those investments, combined with the home’s location, explain why local comparables point to a current market between $450k–$500k (midpoint estimate $475,000).

Location is the defining amenity: 0.2 miles to the BeltLine Eastside Trail, 0.5 miles to Krog Street Market, and a short walk to Inman Park and Edgewood’s shops and restaurants. Reynoldstown’s median home values climbed about 35% from 2020–2025, and single-family bungalows here regularly receive multiple offers; average days on market in the neighborhood are roughly 30 days. This property presents an appealing blend of historic character, recent interior updates, a sizable lot, and direct access to Atlanta’s most active pedestrian corridor. Recommended next steps: confirm historic overlay conditions, verify roof condition and permits for past renovations, and complete a professional inspection.

Property Features

Interior Features

  • 3 bedrooms, 2 bathrooms
  • Approximately 1,500 SF one-story layout
  • Original hardwood floors throughout
  • Renovated kitchen and updated bathrooms
  • Working fireplace in living room
  • Central A/C and updated forced-air HVAC

Exterior & Lot

  • Lot size: 0.16 acres (≈6,970 SF), 50 ft frontage
  • Level topography — generous backyard
  • Driveway parking for 2 vehicles (no garage)
  • Asphalt shingle roof (age to be verified)
  • R-5 zoning — accessory dwelling unit potential
  • Historic overlay — exterior work may require HDRC review

Location & Neighborhood

  • 0.2 miles to Atlanta BeltLine Eastside Trail
  • 0.5 miles to Krog Street Market
  • 0.7 miles to Inman Park; 1.2 miles to Little Five Points
  • Walkable to restaurants, coffee shops, and boutiques
  • Short commute to downtown Atlanta

Walkability & Recreation

  • Walkability Rating: 75/100 — Some errands on foot
  • Atlanta BeltLine Eastside Trail (0.2 mi) for walking/cycling
  • Nearby retail and dining clusters around Krog Street
  • Easy access to neighborhood green spaces and community trails
  • Strong pedestrian culture — restaurants and amenities within a few blocks

Neighborhood

Reynoldstown is a walkable, character-rich Atlanta neighborhood popular with young professionals and families who prize access to the BeltLine, hip restaurants, and an independent retail scene. Over the past five years the area saw roughly 35% appreciation, driven by limited inventory and strong demand for renovated bungalows. The community mixes historic cottages and new infill, with easy pedestrian connections to Inman Park, Krog Street Market, and Little Five Points. Streets are lined with mature trees, cafés spill onto sidewalks, and daily conveniences are within a short walk or bike ride.

Market Insights

Reynoldstown is functioning as a seller’s market in early 2026: tight inventory (around 2.5 months supply) and average days on market near 30 mean well-priced homes often attract multiple offers within a two‑week window. Median sale price in the area sits near $460,000 with one-year appreciation around 7% and five-year gains near 35%. Single-family bungalows—especially renovated examples with walkable access to the BeltLine and neighborhood retail—outperform broader averages because they combine scarcity, historic character, and rental appeal.

For investors, rental demand from young professionals is strong; modeled rental estimates for similar 3BR homes are about $2,000/month and ADU opportunities under R-5 zoning provide an additional income pathway. Owner-occupant buyers should note that historic overlay requirements can slow exterior changes but also help preserve neighborhood character, supporting long-term value. Given recent comparable sales within 0.5 miles and the home’s renovation profile, the current valuation midpoint of $475,000 aligns with market dynamics. Buyers should move decisively but perform due diligence on permits, roof condition, and any overlay restrictions.

Nearby Schools

Burgess-Peterson Elementary School

Elementary

6/10

King Middle School

Middle

5/10

Maynard H. Jackson- Jr. High School

High

6/10

Walkability & Recreation

75
Walkability
82
Recreation

Excellent trail and park access with the Atlanta BeltLine Eastside Trail less than a quarter mile away, Krog Street Market nearby, and multiple neighborhood green spaces and bike-friendly corridors for daily recreation.

Property Overview

801 Wylie Street Southeast is a 3-bedroom, 2-bathroom bungalow built in 1920 with 1,500 SF of living space on a 0.16-acre lot in Atlanta's historic Reynoldstown neighborhood. The property features original hardwood floors, a renovated kitchen and bathrooms, and an updated HVAC system, blending historic charm with modern conveniences.

The home underwent significant renovations in recent years, including a kitchen remodel and bathroom updates, addressing key areas for a property of this age. The spacious backyard offers potential for outdoor living enhancements or an accessory dwelling unit (ADU) under Atlanta's R-5 zoning.

From a valuation perspective, comparable sales in Reynoldstown suggest a current fair market value of $450,000–$500,000, with a midpoint estimate of $475,000 ($317/SF). The owners purchased in 2015 for $250,000, representing approximately 90% appreciation over 11 years. The current assessed value of $280,000 appears below market, which is common in rapidly appreciating neighborhoods.

Reynoldstown continues to be one of Atlanta's most sought-after neighborhoods, with median home values up 35% since 2020 and average days on market of just 30 days. The neighborhood's walkability to the BeltLine, Krog Street Market, and Inman Park drives consistent demand from young professionals and families.

Overall, this property represents a solid value in a prime location with recent updates that reduce near-term maintenance risk. The R-5 zoning with ADU allowance provides additional upside for buyers interested in rental income potential. Key due diligence items include verifying the roof age and condition, confirming any historic overlay restrictions, and reviewing school zone assignments.

Investment Highlights

  • Renovated kitchen and bathrooms reduce near-term capex
  • Reynoldstown — top Atlanta neighborhood for appreciation (35% in 5 years)
  • Walkable to BeltLine and Krog Street Market — Walkability Rating ~75/100
  • 0.2 miles to Atlanta BeltLine Eastside Trail — premium trail access for recreation
  • R-5 zoning allows ADU — potential rental income from backyard development
  • 0.16-acre lot offers potential for outdoor living enhancements

Key Findings

  • County assessor shows 2015 purchase at $250,000 ($167/SF) — current estimate $475,000 ($317/SF)
  • Assessed value $280,000 (land $80K, improvements $200K) — annual taxes $3,500
  • Zoned R-5 with historic overlay — ADU permitted, modifications may need HDRC review
  • 3 comparable sales within 0.5 miles in last 6 months range $450K–$500K
  • Average days on market in Reynoldstown: 30 days (seller's market)

Things to Consider

  • Built in 1920 — foundation, plumbing, and electrical systems should be inspected
  • Historic overlay may restrict exterior modifications and additions
  • King Middle School rated 5/10 — may impact family buyer interest
  • Roof age unknown — asphalt shingle roofs typically last 20-25 years

Opportunity Analysis

Well-maintained bungalow in prime Atlanta neighborhood with recent renovations and below-assessed-value pricing. ADU potential and strong rental market create additional upside. Limited inventory and high demand suggest strong resale trajectory.

Potential Use Scenarios

  • Potential primary residence in walkable neighborhood
  • Backyard may be suitable for ADU — estimated rental income $1,200-1,500/mo
  • Comparable rentals suggest estimated rent of $2,000/mo if used as investment property

Risk Factors

  • 1920 construction — hidden maintenance costs possible
  • Historic overlay limits modification flexibility
  • School ratings may deter some family buyers

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$450K

Midpoint

$475K

High

$500K

$317/SF estimated price per square foot

82% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $280K appears below market.

As of 2026-03-06

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$460,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+7.0%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$70,000

Reynoldstown median home values increased 35% from 2020-2025. Strong demand from young professionals and families. Walkability Rating estimate: 75/100.

Nearby Points of Interest

  • Atlanta BeltLine Eastside Trail (0.2 mi)
  • Krog Street Market (0.5 mi)
  • Edgewood Retail District (1 mi)
  • Inman Park (0.7 mi)
  • Little Five Points (1.2 mi)

Walkable to restaurants, coffee shops, and boutiques in Inman Park and Edgewood. Proximity to BeltLine offers recreational opportunities. Short commute to downtown Atlanta.

School District

DistrictAtlanta Public Schools
ElementaryBurgess-Peterson Elementary School (6/10)
MiddleKing Middle School (5/10)
HighMaynard H. Jackson- Jr. High School (6/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1920
Constructionwood frame
Stories1
Roofasphalt shingle
Heatingforced air gas
Coolingcentral AC
Basementnone
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.16 acres (6,970 SF)
Topographylevel
Parkingdriveway
Parking Spaces2
Frontage50 ft frontage on Wylie Street SE

Utilities

Watermunicipal
Sewermunicipal
ElectricGeorgia Power
GasAtlanta Gas Light

Zoning & Land Use

Zoning CodeR-5
DescriptionTwo-Family Residential
JurisdictionCity of Atlanta

Allowed Uses

single familytwo familyaccessory dwelling unit
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$280,000
Land$80,000
Improvements$200,000
Annual Tax (2025)$3,500

Sale History

2015-06-15$250,000

$167/SF

Arm's length transaction

2010-03-22$180,000

$120/SF

Post-recession purchase

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