$769,850

Duplex In Atlanta

  • 20,909 Sqft lot
  • Updated: Today
  • Source:
    Georgia MLS  MLS#10835103

About the Property

Located in the highly desirable Druid Hills/Morningside corridor, this side-by-side duplex offers a compelling investment opportunity in one of Atlanta’s strongest rental markets. Projected combined rents of approximately $5,000-$6,000 per month provide potential gross rental income of $60,000-$72,000 annually. With estimated operating expenses of approximately $19,000 per year, projected Net Oper
Located in the highly desirable Druid Hills/Morningside corridor, this side-by-side duplex offers a compelling investment opportunity in one of Atlanta’s strongest rental markets. Projected combined rents of approximately $5,000-$6,000 per month provide potential gross rental income of $60,000-$72,000 annually. With estimated operating expenses of approximately $19,000 per year, projected Net Operating Income ranges from approximately $41,000-$53,000, depending on achieved rents. One unit is currently vacant, and the second unit is expected to be vacant by mid-September, giving a new owner flexibility to establish market rents, renovate or reposition the property, or potentially occupy one side while leasing the other. Both units feature a spacious townhome-style layout with 3 bedrooms and 2 full baths upstairs. The main levels include separate living and dining rooms, kitchens, half baths, pantries, and additional storage closets. Each residence also has access to a substantial portion of the lower level with laundry facilities and additional storage. The property features separate entrances, a circular driveway with parking for approximately four vehicles, and individually metered gas, electric, and water service-simplifying management and keeping utility expenses separate between units. Ideally positioned near Emory University, Virginia-Highland, Piedmont Park, Midtown, Buckhead, Decatur, and nearby MARTA access, the property also enjoys the natural surroundings of Daniel Johnson Nature Preserve directly behind the property. This combination of location, spacious floor plans, separate utilities, parking, and strong rental potential creates an attractive opportunity for both immediate income and long-term appreciation. The property may also be eligible for annexation into the City of Atlanta, which could provide access to the Atlanta Public Schools system. Any annexation eligibility, process, school assignment, and related benefits should be independently verified by the buyer with the City of Atlanta and applicable governmental authorities.
  • Property type

    House

  • Year built

    1948

Features

  • Duplex
  • Investment Property
  • Washer Dryer
  • Gas Stovetop
  • Basement
  • Parking
  • Laundry Room

Explore the Area

1515 Beech Valley WAY NE, Atlanta, Georgia, United States View on Google Maps
Price per sqft
Low
High

View 2,208 more listings in Atlanta

RE/MAX Metro Atlanta Cityside - Atlanta

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

The agent will contact you soon by

Listed by

RE/MAX Metro Atlanta Cityside - Atlanta
Georgia, United States
View agency profile
17
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
RE/MAX Metro Atlanta Cityside - Atlanta
Atlanta, Georgia, United States
View agency profile
Last updated
Today
First listed
Aug 28
Listing reference
10835103
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference 10835103, which I discovered on JamesEdition.

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

brokerages we
partnered with