Estimated payment $2,891/month
Welcome to this well-maintained four-sided brick duplex, where each 2048 sqft unit has 3 spacious bedrooms and 3-bathroom - each designed for comfort and convenience. Over $70,000 in renovations/upgrades in 2021 Inside, each unit features a cozy family room with a fireplace, a functional kitchen with black appliances and generous cabinetry, and a dedicated laundry room. Bedrooms are comfortably carpeted with ceiling fans throughout, while each primary suite offers a spacious walk-in closet and abundant natural light. Outside, the fenced backyard provides a private space to relax or entertain. The area is also seeing rapid growth, with 5,600 new jobs coming to major employers like Rivian, Archer Aviation, and Meta - all within a 10-minute drive. Plus, with average rents for 3-bedroom rentals in the area currently around $1,775, there's clear potential for future rent increases. Whether you're seeking rental income or a multi-generational living solution, this property offers the ideal combination of versatility, value, and steady returns.Unit A rents for $1,560/month and Unit B for $1,657/month, generating a total monthly income of $3,217, or $38,604 annually. With estimated annual expenses at 16% of gross income ($6,176.64), this property delivers a solid Net Operating Income of $32,427.36 and a cap rate of approximately of 7.91%. Assuming a 20% down payment and a 30-year fixed mortgage at a 6.5% interest rate, annual debt service is estimated at $24,872.40. This results in an estimated pre-tax cash flow of approximately $630/month or $7,555/year in the first year - making this duplex a compelling option for investors seeking steady returns. MARKET RENT POTENTIAL: Average rents for 3-bedroom rentals in this area are currently around $1,775/month. At that rate, total monthly income would increase to $3,550, or $42,600 annually. With the same 16% expense ratio, operating expenses would be approximately $6,816, resulting in a Net Operating Income (NOI) of $35,784. This would raise the cap rate to 8.73%. With a $410,00 purchase price, a 20% down payment ($82,000), and an estimated annual debt service of $24,864, projected cash flow would increase to $10,920/year - delivering an improved cash-on-cash return of 13.3%. . ***No showings until due diligence period. Please do not disturb tenants.*
Listing Agent
Keller Williams Realty Atlanta North License #338011 Listed on: 06/17/2025
| 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 |
|---|---|---|---|---|
| 2024 | $7,506 | $190,520 | $46,160 | $144,360 |
| 2023 | $6,595 | $162,760 | $30,800 | $131,960 |
| 2022 | $3,057 | $73,640 | $6,000 | $67,640 |
| 2021 | $3,025 | $73,640 | $6,000 | $67,640 |
| 2020 | $3,159 | $73,640 | $6,000 | $67,640 |
| 2019 | $2,910 | $64,360 | $4,320 | $60,040 |
| 2018 | $2,353 | $51,720 | $4,320 | $47,400 |
| 2017 | $1,632 | $35,400 | $4,320 | $31,080 |
| 2016 | $1,632 | $35,400 | $4,320 | $31,080 |
| 2015 | $1,392 | $35,400 | $3,357 | $32,043 |
| 2014 | $1,883 | $40,440 | $4,320 | $36,120 |
| 2013 | -- | $54,040 | $8,000 | $46,040 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Price Changed | $410,000 | -1.2% | -- |
| 07/15/2025 07/15/25 | Price Changed | $415,000 | -1.2% | -- |
| 06/17/2025 06/17/25 | For Sale | $420,000 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $88,500 | -- | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $172,000 | -- | |
| Deed | $145,000 | -- | |
| Quit Claim Deed | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $329,818 | New Conventional | |
| Open | $1,938,000 | Mortgage Modification | |
| Closed | $71,400 | New Conventional | |
| Previous Owner | $2,044 | New Conventional | |
| Previous Owner | $193,500 | Stand Alone Second | |
| Previous Owner | $183,000 | New Conventional | |
| Previous Owner | $177,260 | New Conventional | |
| Previous Owner | $116,000 | New Conventional |
The Janice Overbeck Real Estate Team, powered by Keller Williams Atlanta North, is one of metro Atlanta’s top-rated teams that prides itself on providing buyers and sellers of real estate with an exceptional level of service that elevates their experience beyond the transaction. Since it’s inception in 2015, the mission of the team has always been to exceed the expectations of their clients, making them customers for life. This level of dedication has not gone unrecognized in the community,
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Source: Georgia MLS
MLS Number: 10545497
APN: 077-A-02-0064
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