650 Glen Iris Drive NE Unit#18

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 650 Glen Iris Drive NE Unit#18
Atlanta & Southeast + Apartment Buildings
Created date: August 4, 2026
Date last updated: October 7, 2026
Price: $375,000Investment Analyzer NEW!

Property Description

The Troy-Peerless building was designed in 1929 by architect Isaac Moscowitz as a commercial laundry, added to the National Register of Historic Places in 1999, and converted to 32 private lofts in 2007. Unit 18 is a 698 square foot one bedroom, one bath loft where that history is left visible rather than covered over. Original steel-sash industrial windows run floor to ceiling, exposed concrete columns and ceiling formwork are preserved in their original patina, and conduit and sprinkler lines are left exposed overhead. Wide-plank white oak floors run throughout. The open plan holds kitchen, living, and sleeping in one continuous volume, with the bed set on a raised platform behind full-height custom millwork. The kitchen centers on a marble waterfall island seating four, with full-slab marble backsplash, induction cooktop, separate wall oven, and floor-to-ceiling flat-panel cabinetry with brass hardware. A custom built-in wardrobe with birch interior, hanging rod, adjustable shelving, and integrated drawers takes the place of a standard closet. The bath is finished in vertical stacked tile with a frameless glass shower, brass fixtures, and a marble vanity with integrated stone trough sink. An assigned parking space and a private storage unit convey, and the HOA covers ground maintenance, common area utilities and maintenance, and trash pickup. Everything Old Fourth Ward is known for sits within 0.3 mi: Ruby Chow's (0.1 mi), Ponce City Market (0.2 mi), Spiller Park Coffee (0.2 mi), The Forum Athletic Club (0.2 mi), Whole Foods (0.3 mi), Kroger (0.3 mi), Historic Fourth Ward Park (0.3 mi), and BeltLine Eastside Trail access (0.3 mi). Trader Joe's is 0.6 mi, Piedmont Park 0.9 mi, Krog Street Market 1.2 mi, and North Avenue MARTA 1.2 mi.

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $375,000
Year Built: 1920
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 650 Glen Iris Drive NE Unit#18, Atlanta, GA 30308, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

913 S Person Street

Raleigh, North Carolina
Atlanta & Southeast + Apartment Buildings
Units: 1
Price: $359,000

1639 & 1641 Nazareth Road

Spartanburg, South Carolina
Atlanta & Southeast + Apartment Buildings
Price: $399,900

3247 N Fulton Avenue

Hapeville, Georgia
Atlanta & Southeast + Apartment Buildings
Price: $400,000

Brokers

View All

Lenders

View All