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1628 Cecile Avenue Se, Atlanta, GA 30316

$775,000
  • 1628 Cecile Avenue Se, Atlanta, GA 30316 Main Photo

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New
BEDS0 BATHS MLS#10808961
STATUSNew PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONEast Atlanta NEIGHBORHOODAtlanta

Property Description

Turnkey East Atlanta Duplex - Two Detached Homes on One Lot Exceptional investment opportunity in East Atlanta featuring two fully detached homes with no shared walls on an oversized 0.4-acre lot. Both homes are leased, providing immediate cash flow, and were extensively renovated or newly constructed with modern systems for low-maintenance ownership. Unit A is a fully renovated 3-bedroom, 2-bath home updated in 2024 with a new roof, HVAC, driveway, and major systems. It is currently leased for $2,750/month. Unit B is a 2-bedroom, 2-bath new construction ADU completed in 2025 with contemporary finishes, private parking, and all-new systems. It is currently leased for $2,480/month. Combined rental income is $5,230/month ($62,760 annually). Estimated annual operating expenses are approximately $11,402, resulting in an estimated Net Operating Income (NOI) of approximately $51,358/year. Offered at an attractive 6.63% cap rate. Located just minutes from East Atlanta Village's restaurants, shopping, and entertainment, this property offers strong rental demand and long-term appreciation potential. With both homes built or renovated to 2025 standards, major capital expenses should be minimal for years to come. Highlights Two fully detached homes with no shared walls Oversized 0.4-acre lot Unit A: 3BR / 2BA, fully renovated in 2024 Unit B: 2BR / 2BA new construction ADU completed in 2025 Both units currently leased All major systems new or replaced in 2024/2025 Private off-street parking for each home Low-maintenance investment with strong in-place income Minutes from East Atlanta Village

1628 Cecile Avenue Se | MLS# 10808961

This multi-family property located at 1628 Cecile Avenue Se, Atlanta, GA 30316 is currently listed for sale with an asking price of $775,000. Search Atlanta real estate on www.jemelsmith.realtor today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Central Air
Garage: 4
Heating: Central
Lot Size: 0.45 Acres
Stories: 1.0
Taxes: $6,853
Year Built: 1946

Feature Descriptions

Days on Site: 8
Exterior: Block
Foundation: Block, Slab
Parking Notes: Off Street
Sewer: Public Sewer
Units: 2
Utilities: Electricity Individual Meters, Sewer Connected, Water Billing Prorated
Water: Public

Local Schools

High School: MH Jackson Jr
Middle School: King
Elementary School: Burgess Peterson

Listed By / Shown By

Listed By

Agency Name: Keller Knapp, Inc
Agency Phone: 404-370-0092

Shown By

Agent Name: Jemel Smith
Agent Phone: (770) 891-2554
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: GAMLS

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Estimated Payment

$ 2,521.94 per month $1,724.81 Principal & Interest $571.08 Property Tax $226.04 Homeowner's Insurance

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