$395,000

2609 Country Trace SE Conyers, GA 30013

Estimated payment $2,752/month

Total Views 321
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • Cul-De-Sac
  • Energy-Efficient Appliances
  • Neighborhood Views
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

Imagine the satisfaction of owning a property that works for you, consistently generating income and building your wealth. Seize this opportunity to acquire a well-maintained duplex at 2609 Country Trace. Each spacious unit has 3-bedroom, 2-bathroom layout, complete with a cozy fireplace that adds a touch of home and enhances tenant appeal. With a proven rental history generating a solid $30,876 in 2024, this property offers immediate cash flow. Both units are currently leased, providing continuous income from day one. This duplex isn't just a property; it's a pathway to financial freedom. Whether you're a seasoned investor looking to expand your portfolio or a savvy first-time buyer seeking to offset your mortgage with rental income, this is your chance to secure a tangible asset in a promising location. The property's good condition minimizes immediate concerns, allowing you to focus on maximizing your returns. Appraised at $400,000. 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 15% expense ratio, operating expenses would be approximately $6,390, resulting in a Net Operating Income (NOI) of $36,210. This would raise the cap rate to 9.16%. With a $395,000 purchase price, a 20% down payment ($79,000), and an estimated annual debt service of $23,694, projected cash flow would increase to $12,516/year - delivering an improved cash-on-cash return of 15.8%. The area is also seeing rapid growth, with new jobs coming to major employers like 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.

Last Listed By

Scott Martineau

Atlanta Communities License #354458 Listed on: 06/05/2025

Atlanta Communities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,511

Year Built

  • Built in 1985

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 119x89x117x89
  • Cul-De-Sac
  • Wood Fence
  • Back Yard Fenced
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Neighborhood Views

Flooring

  • Carpet
  • Tile

Parking

  • 2 Parking Spaces
  • Paved Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Schools

  • Peek's Chapel Elementary School
  • Memorial Middle School
  • Salem High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • Country Walk At Fieldstone Subdivision

Listing and Financial Details

  • Tax Lot 215
  • Assessor Parcel Number 077A020091

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,511

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1985
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Carpet, Tile
  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Roof Type: Composition, Shingle
  • Fencing: Back Yard, Wood
  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Paved

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Country Walk At Fieldstone

Schools

  • Elementary School: Peek's Chapel
  • Middle School: Memorial
  • High School: Salem

Lot Info

  • Acres: 0.4900
  • Lot: 215
  • Section G M D: U1
  • Lot Features: Cul-De-Sac, Level
  • Lot Dimensions: 119x89x117x89
  • Parcel Number: 077A020091
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, Insulation, Thermostat, Windows
  • Green Energy Generation: None

Multi Family

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

Tax Info

  • Taxes: 6511.00
  • Assessor Parcel Number: 077-A-02-0091
  • Tax Year: 2024

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Peek's Chapel
  • High School: Salem
  • Middle School: Memorial

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
2024 $6,511 $164,800 $46,160 $118,640
2023 $5,766 $141,880 $30,800 $111,080
2022 $2,618 $62,560 $6,000 $56,560
2021 $2,588 $62,560 $6,000 $56,560
2020 $2,687 $62,560 $6,000 $56,560
2019 $2,468 $54,520 $4,320 $50,200
2018 $1,828 $40,080 $4,320 $35,760
2017 $1,634 $35,440 $4,320 $31,120
2016 $1,634 $35,440 $4,320 $31,120
2015 $1,635 $35,440 $4,320 $31,120
2014 $1,571 $33,680 $4,320 $29,360
2013 -- $42,560 $8,000 $34,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 For Sale $395,000 +172.4% --
08/06/2018 08/06/18 Sold $145,000 -3.3% $86 / Sq Ft
06/27/2018 06/27/18 Price Changed $150,000 +2.8% $89 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $145,900 -- $87 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $145,000 --
Deed $171,000 --
Deed $151,900 --
Deed $128,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $108,750 New Conventional
Previous Owner $170,950 Stand Alone Second
Previous Owner $151,900 New Conventional
Previous Owner $120,750 Stand Alone Refi Refinance Of Original Loan
Previous Owner $115,650 New Conventional
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7564936

First Multiple Listing Service (FMLS)

APN: 077-A-02-0091