2065 NW Morehouse Drive NW
Atlanta, GA 30314
- – beds
- – baths
- – sqft
- ~2 acre lot
- 1938 build
- – on site
Investors and owner-occupants, this fully renovated single-family home, designed like a duplex, offers a rare opportunity with guaranteed rental income and $25,000 in built-in equity. With a certified appraisal value of $350,000, this property provides immediate returns and long-term appreciation potential. Unit A is currently occupied by a Section 8 tenant generating $1,250 per month, while Unit B, an in-law suite, has been approved for $1,650 per month through a state program. The property features two separate gas meters for easy tenant management, and a new HVAC system is being installed in Unit B. With a total rental income of $2,900 per month, this investment delivers a 15% annual cap rate with a 30-year mortgage. To provide additional peace of mind, the seller is including a one-year home warranty. Whether you're looking for passive income or a way to offset your mortgage, this is a turnkey opportunity that won't last long. Schedule a showing today.
Listing courtesy of GAMLS / George Ansong / Maximum One Grt. Atl. REALTORS
Last checked:
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Last updated Jan 31, 2025
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MLS# 10449834 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1938
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Construction Materials:Vinyl Siding, Wood Siding
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Structure Type:Duplex
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# of Units Total:2
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Foundation Details:Block, Slab
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Levels:One
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Basement:None
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Green Water Conservation:Low-Flow Fixtures
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Green Building Verification Type:HERS Index Score
Interior
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Green Energy Efficient:Appliances, Water Heater
Financial & Terms
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Possession:Close Of Escrow
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Owner Pays:Cable TV
Location
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Latitude:33.760978
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Longitude:-84.454941
The Property
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Property Type:Residential Income
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Property Condition:Updated/Remodeled
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Lot:21
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Lot Size Acres:2
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Lot Size Source:Public Records
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Parcel Number:14017400070038
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Land Lot:21
Listing Agent
- Contact info:
- Agent phone:
- (770) 919-8825
- Office phone:
- (770) 919-8825
Taxes
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Tax Year:2023
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Tax Annual Amount:$3,676
Heating & Cooling
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Heating:Central, Electric
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Cooling:Ceiling Fan(s), Central Air
Utilities
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Utilities:Electricity Individual Meters, Gas Billing Prorated, Sewer Connected, Underground Utilities, Water Billing Prorated, Water Individual Meters
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Laundry Features:In Unit
Schools
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District:14
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Elementary School:Woodson
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Elementary Bus:Yes
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Middle School:Brown
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Middle School Bus:Yes
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High School:Douglass
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High School Bus:Yes
The Community
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Subdivision:Dixie Hills
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Community Features:Walk To Public Transit, Walk To Shopping
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Association:No
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Association Fee Includes:Trash
Parking
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Parking Features:Assigned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/30/25
Jan 30, 2025
|
Listed / Active | GAMLS | $329,000 | 13.8% (9.4% / YR) |
11/26/24
Nov 26, 2024
|
Listed / Active | FMLS | ||
10/5/24
Oct 5, 2024
|
Listed / Active | GAMLS |