$775,000

Duplex In Atlanta

  • 19,602 Sqft lot
  • Updated: July 21
  • 3
    Views for last 30 days
  • Source:
    Georgia MLS  MLS#10808961

About the Property

Turnkey East Atlanta Duplex - Two Detached Homes on One Lot Exceptional investment opportunity in East Atlanta featuring two fully detached homes with no shared walls on an oversized 0.4-acre lot. Both homes are leased, providing immediate cash flow, and were extensively renovated or newly constructed with modern systems for low-maintenance ownership. Unit A is a fully renovated 3-bedroom, 2-bath
Turnkey East Atlanta Duplex - Two Detached Homes on One Lot Exceptional investment opportunity in East Atlanta featuring two fully detached homes with no shared walls on an oversized 0.4-acre lot. Both homes are leased, providing immediate cash flow, and were extensively renovated or newly constructed with modern systems for low-maintenance ownership. Unit A is a fully renovated 3-bedroom, 2-bath home updated in 2024 with a new roof, HVAC, driveway, and major systems. It is currently leased for $2,750/month. Unit B is a 2-bedroom, 2-bath new construction ADU completed in 2025 with contemporary finishes, private parking, and all-new systems. It is currently leased for $2,480/month. Combined rental income is $5,230/month ($62,760 annually). Estimated annual operating expenses are approximately $11,402, resulting in an estimated Net Operating Income (NOI) of approximately $51,358/year. Offered at an attractive 6.63% cap rate. Located just minutes from East Atlanta Village’s restaurants, shopping, and entertainment, this property offers strong rental demand and long-term appreciation potential. With both homes built or renovated to 2025 standards, major capital expenses should be minimal for years to come. Highlights Two fully detached homes with no shared walls Oversized 0.4-acre lot Unit A: 3BR / 2BA, fully renovated in 2024 Unit B: 2BR / 2BA new construction ADU completed in 2025 Both units currently leased All major systems new or replaced in 2024/2025 Private off-street parking for each home Low-maintenance investment with strong in-place income Minutes from East Atlanta Village
  • Property type

    House

  • Year built

    1946

Features

Explore the Area

1628 Cecile AVE SE, Atlanta, Georgia, United States View on Google Maps
Price per sqft
Low
High

View 2,123 more listings in Atlanta

Keller Knapp, Inc - Decatur

Joined 11 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Keller Knapp, Inc - Decatur
Georgia, United States
View agency profile
62
Listings
2025
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Keller Knapp, Inc - Decatur
Decatur, Georgia, United States
View agency profile
Last updated
July 21
First listed
Jul 21
Listing reference
10808961
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference 10808961, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with