$475,000
3 Bed · 2 Bath · 1,500 Sq Ft
Renovated 1920 bungalow with hardwoods, big yard, ADU potential
3
Beds
2
Baths
1,500
Sq Ft
1920
Built
0.16 acres
Lot
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.
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.
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.
Burgess-Peterson Elementary School
Elementary
King Middle School
Middle
Maynard H. Jackson- Jr. High School
High
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.
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.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$450K
Midpoint
$475K
High
$500K
$317/SF estimated price per square foot
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.
Reynoldstown median home values increased 35% from 2020-2025. Strong demand from young professionals and families. Walkability Rating estimate: 75/100.
Walkable to restaurants, coffee shops, and boutiques in Inman Park and Edgewood. Proximity to BeltLine offers recreational opportunities. Short commute to downtown Atlanta.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$167/SF
Arm's length transaction
$120/SF
Post-recession purchase
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