311 University Ave SW Atlanta, GA 30310
Pittsburgh NeighborhoodEstimated payment $2,261/month
About This Home
Calling all INVESTORS! Strategically located in close proximity to Atlanta Beltline, Pittsburg Yards, major highways and public transportation, this up/down duplex on University Avenue offers a practical yet spacious layout with three bedrooms and two bathrooms on the upper unit and a one bedroom and one bathroom on the bottom unit. Both units were renovated a few years ago and have good standing, current tenants in place. The bottom-level unit tenant has signed a renewal for a one-year lease starting March 1st, 2025. The duplex nature of the home also opens the door to incredible investment opportunities where one (or both) of the units could be used to generate income from tenants, and one can be owner-occupied in the near future. The seller rents the upstairs unit for $1850 a month and the bottom unit for $1,050 a month, a total of $2900 a month. Both tenants have renewed their leases with rent increases for one year each, lease expires on March 1st, 2026. Considerate & kind tenants who are extremely stable with on-time rental payment history. This fantastic & hassle-free investment opportunity in the heart of Atlanta offers profitable returns and a high cap rate for a savvy investor's portfolio.
Listing Agent
Keller Williams Realty Atl. Partners License #371080 Listed on: 07/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,785
Year Built
- Built in 1948
Home Design
- Duplex
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Block Foundation
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Finished Basement Bathroom
- Natural lighting in basement
Parking
- 4 Parking Spaces
- Parking Pad
- Off-Street Parking
Schools
- Gideons Elementary School
- Sylvan Hills Middle School
- Carver High School
Additional Features
- 2-Story Property
- 4,356 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
- Tuskegee Heights Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $3,728 | $106,760 | $41,000 | $65,760 |
| 2023 | $3,728 | $116,880 | $41,000 | $75,880 |
| 2022 | $3,344 | $82,640 | $18,640 | $64,000 |
| 2021 | $2,653 | $65,480 | $21,080 | $44,400 |
| 2020 | $1,299 | $31,720 | $15,000 | $16,720 |
| 2019 | $483 | $25,960 | $12,240 | $13,720 |
| 2018 | $363 | $8,760 | $2,320 | $6,440 |
| 2017 | $287 | $6,640 | $2,240 | $4,400 |
| 2016 | $288 | $6,640 | $2,240 | $4,400 |
| 2015 | $749 | $6,640 | $2,240 | $4,400 |
| 2014 | $301 | $6,640 | $2,240 | $4,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | For Sale | $339,999 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $105,000 | -- | |
| Warranty Deed | $65,000 | -- | |
| Warranty Deed | -- | -- | |
| Deed | $24,000 | -- | |
| Deed | $17,600 | -- | |
| Foreclosure Deed | $98,300 | -- | |
| Deed | $76,000 | -- | |
| Deed | $64,000 | -- | |
| Foreclosure Deed | $60,255 | -- | |
| Deed | $148,500 | -- | |
| Deed | $66,000 | -- | |
| Deed | $40,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $188,000 | Commercial | |
| Closed | $136,850 | Commercial | |
| Previous Owner | $105,630 | New Conventional | |
| Previous Owner | $118,800 | New Conventional | |
| Previous Owner | $80,600 | New Conventional | |
| Closed | -- | Seller Take Back |
Source: Georgia MLS
MLS Number: 10568319
APN: 14-0074-0008-116-8
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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