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MLS#10812076
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONDIXIE HILLS
NEIGHBORHOODAtlanta
Property Description
Turn-key duplex | Motivated seller | Projected 6.4%+ cap rate | Cash flow investment | House hack opportunity Fully renovated upstairs/downstairs duplex with 2 bedrooms and 1 full bathroom per unit (4BR/2BA total). A great fit for portfolio growth, a 1031 exchange, or house hacking. Both units vacant at close, giving the new owner flexibility to lease at market rate, accept Section 8 vouchers, or occupy one side while renting the other. Potential to lease through the Section 8 Program with Atlanta Housing Authority (AHA) at $2,000/month per unit - $4,000/month gross ($48,000 annually). Recently renovated with ample parking, offering broad tenant appeal and low-maintenance ownership. Motivated seller, priced to sell - ideal for buy-and-hold investors and house hackers seeking strong ROI and long-term appreciation. Proven rental history, turn-key condition, and immediate leasing opportunity make this one worth a serious look. Owner/Agent.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Ceiling Fan(s), Central Air
Heating: Central, Electric
Lot Size: 0.11 Acres
Stories: 2.0
Taxes: $4,714
Year Built: 1948
Feature Descriptions
Amenities: Park, Sidewalks, Street Lights, Tennis Court(s), Near Public Transport, Walk To Schools, Near Shopping
Days on Site: 40
Exterior: Concrete
Parking Notes: Side/Rear Entrance
Sewer: Public Sewer
Units: 2
Utilities: Electricity Individual Meters
Water: Public
Local Schools
High School: Douglass
Middle School: Harper Archer
Elementary School: F L Stanton
Listed By / Shown By
Listed By
Agency Name: Keller Williams West Atlanta
Agency Phone: 470-907-8266
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone:
Source: GAMLS
Estimate Your Payment
Estimated Payment
$ 1,689.21 per month $1,146.17 Principal & Interest $392.83 Property Tax $150.21 Homeowner's Insurance
238 Anderson Avenue | MLS# 10812076
This multi-family property located at 238 Anderson Avenue, Atlanta, GA 30314 is currently listed for sale with an asking price of $515,000. Search Atlanta real estate on www.clcommercialrealestate.com today.