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
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
Estimated Payment
$ 2,521.94 per month $1,724.81 Principal & Interest $571.08 Property Tax $226.04 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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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.