$675,000

1887 Shalimar Dr NE Atlanta, GA 30345

Estimated payment $3,787/month

Total Views 11,012
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Double Pane Windows
  • Private Lot
  • Cul-De-Sac
  • Central Air

About This Home

Investors, don't miss out on this fully renovated income-producing property in a quiet cul-de-sac with two completely separate units. Located just minutes from Buckhead, Brookhaven, and Chamblee, this home has been thoughtfully modified to include a fully finished lower level designed as a completely independent living space. The main and upper levels feature 4 bedrooms, 3.5 bathrooms, a brand new kitchen with waterfall island, new appliances, fresh paint, and new flooring throughout. The lower level includes a separate apartment with its own private entrance, separate driveway, full kitchen, living and dining areas, 2 bedrooms, 1 bathroom, and laundry hookup- perfect for renting out while living upstairs or leasing both units for maximum cash flow. The exterior has been freshly repainted, and all bathrooms have been updated. Both units have their own driveways and ample parking space. This turnkey property is ready for tenants and offers excellent income-generating potential.

Listing Agent

Kristina Kachanovich

EXP Realty, LLC. License #434027 Listed on: 08/14/2025

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,312

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 128x143x181x142
  • Cul-De-Sac
  • Private Lot

Parking

  • Driveway

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 3-Story Property
  • Double Pane Windows
  • Insulated Windows
  • Views of Woods
  • Carbon Monoxide Detectors

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Tile

Schools

  • John Robert Lewis - Dekalb Elementary School
  • Sequoyah - Dekalb Middle School
  • Cross Keys High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Clermont Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18 203 06 059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,312

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Condition: Updated/Remodeled
  • Year Built: 1957
  • Levels Stories: Three Or More
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Hardwood, Luxury Vinyl, Tile
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Construction Materials: Stucco
  • Roof Type: Composition
  • View: Trees/Woods
  • Pool Private: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Natural Gas
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Clermont Terrace

Schools

  • Elementary School: John Robert Lewis - Dekalb
  • Middle School: Sequoyah - DeKalb
  • High School: Cross Keys

Lot Info

  • Acres: 0.5200
  • Lot Features: Cul-De-Sac, Private
  • Lot Dimensions: 128x143x181x142
  • Parcel Number: 18 203 06 059
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 1312.00
  • Assessor Parcel Number: 18-203-06-059
  • Tax Year: 2024

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: John Robert Lewis - Dekalb
  • High School: Cross Keys
  • Middle School: Sequoyah - DeKalb

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,312 $163,760 $35,040 $128,720
2022 $1,123 $133,360 $35,040 $98,320
2021 $874 $109,560 $35,040 $74,520
2020 $898 $106,960 $35,040 $71,920
2019 $893 $90,680 $35,040 $55,640
2018 $1,635 $70,680 $18,800 $51,880
2017 $1,077 $83,040 $18,800 $64,240
2016 $2,238 $67,480 $18,800 $48,680
2014 $466 $16,320 $6,280 $10,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Price Changed $675,000 -1.5% --
07/21/2025 07/21/25 Price Changed $685,000 -2.0% --
06/27/2025 06/27/25 Price Changed $699,000 -6.7% --
06/09/2025 06/09/25 Price Changed $749,000 -6.3% --
05/29/2025 05/29/25 Price Changed $799,000 -3.2% --
05/22/2025 05/22/25 For Sale $825,000 -- --
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $55,000 --
Deed $79,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $323,500 Stand Alone Second
Previous Owner $312,000 New Conventional
Previous Owner $95,000 Unknown
Previous Owner $213,500 New Conventional
Previous Owner $210,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7632646

First Multiple Listing Service (FMLS)

APN: 18-203-06-059