Available Listings

$325,000 (USD)
Active

Hammond Park Area Manufactured

Active

2794 7th Street SW Atlanta, GA 30315

Bed
0 Baths
sqft
MLS# 7740026
Virtual Tour
Grandfathered duplex-style property offering exceptional income-producing potential in a prime Atlanta location, ideal for both investors and owner-occupants seeking immediate cash flow with future upside. This fully renovated asset is currently generating approximately $3,300 per month, with Unit A configured as a 2-bedroom, 1-bath residence leased at $1,850 per month to a qualified long-term tenant with a strong payment history, and Unit B operating as a short-term rental producing approximately $1,350 to $1,550 net monthly income. The property is equipped with two separate gas meters and offers significant value-add opportunity through the unfinished basement, which is well-suited for conversion into a third unit, potentially a studio or 2-bedroom, 1-bath apartment, with an estimated renovation cost of approximately $35,000 per the seller’s contractor bid. Upon completion, projected gross rental income could reach approximately $5,150 per month across three units. Additional features include ample storage space and a versatile basement area ideal for a home gym, workshop, or expanded living space. With a certified appraised value of $325,000, this property presents a compelling opportunity for house hacking, including FHA or FHA 203(k) financing, allowing an owner-occupant to live in one unit while leveraging rental income from the others to offset mortgage expenses, all within close proximity to Atlanta’s key amenities, employment hubs, and growth corridors.
Listing Courtesy of FMLS / Coldwell Banker Realty / Rick Wiley
$325,000 (USD)
Active

Dixie Hills Area Manufactured

Active

2065 Morehouse Drive Atlanta, GA 30314

Bed
0 Baths
sqft
MLS# 7740635
Virtual Tour
Fully renovated income-producing duplex offering immediate cash flow and exceptional upside potential for investors or owner-occupants alike, with the option for one unit to be delivered vacant, making it ideal for an FHA buyer seeking to offset their mortgage with rental income. Situated in an ADU-friendly zoning area, this property presents a rare opportunity to further increase revenue with the addition of a spacious backyard accessory dwelling unit, with a seller-sourced prebuilt ADU option available at approximately $21,000 as a cost-effective alternative to traditional construction. The property is currently generating $2,850 per month in rental income, with Unit A leased through the Atlanta Housing Authority at $1,250 per month and Unit B generating $1,600 per month through a Georgia housing program, including tenant contribution. The backyard offers the potential to accommodate an approximately 380-square-foot one-bedroom, one-bath ADU, which could add an estimated $1,500 per month in additional income, bringing projected total monthly rents to approximately $4,350. A recent bank appraisal values the property at $348,000 as-is, with projected value approaching $435,000 upon completion of the ADU. Estimated total cost for ADU installation is approximately $36,500, including plumbing, electrical, permits, and plans. This is a rare opportunity to acquire a turnkey duplex with stable income, government-backed tenants, and clear value-add potential in a high-demand rental market.
Listing Courtesy of FMLS / Coldwell Banker Realty / Rick Wiley
$330,000 (USD)
Active

Village Creek Landing Area Townhome

Active

2532 Village Creek Landing SE Atlanta, GA 30316

2 Bed
3 Baths
1665 sqft
MLS# 7725099
Welcome to 2532 Village Creek Landing, where comfort, style, and value come together in one of Atlanta’s most desirable locations. This craftsman-style townhome offers potential instant equity, with a neighboring property recently selling for nearly $400,000. A covered front porch sets the tone as you enter, leading into a bright and inviting interior. The kitchen features granite countertops, a central island, and a clear view into the living room, creating a perfect space for entertaining or everyday living. Upstairs, the spacious primary suite includes a sitting area, walk-in closet, and private bath, while the secondary bedroom also boasts its own full bath, making this an ideal roommate floor plan. The home offers a level backyard that is partially fenced, a two-car garage, and the convenience of an HOA that maintains all exterior elements. Village Creek Landing is a mid-sized community of 50 craftsman-style homes, complete with a pool and tennis courts. Its location provides unmatched access to Atlanta’s best amenities, including East Atlanta Village, Grant Park, Midtown, the Beltline, and Ponce City Market. Residents enjoy walking distance to a Kroger-anchored shopping center with pharmacy, as well as quick connections to I-20 and I-285. This property combines modern living with unbeatable convenience, offering a rare opportunity to own in a sought-after community close to everything Metro Atlanta has to offer.
Listing Courtesy of FMLS / Coldwell Banker Realty