2045 Lois Place NW Atlanta, GA $ 489,900
2045 Lois Place NW
$ 489,900
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2045 Lois Place NW

Atlanta, GA, 30318
$ 489,900
Baths0.0

Monthly Estimate*

$ 3,016

2045 Lois Place NW, Atlanta, GA 30318 - Image 1
2045 Lois Place NW, Atlanta, GA 30318 - Image 2
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2045 Lois Place NW, Atlanta, GA 30318 - Image 10
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2045 Lois Place NW, Atlanta, GA 30318 - Image 12
2045 Lois Place NW, Atlanta, GA 30318 - Image 13
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Studio

Multi-Family Home for sale in Atlanta, GA

for $489,900. This home was built in 2004 on a lot size of 0.172.

10% CAP RATE | $70K+ ANNUAL RENT | CONFORMING DUPLEX Secure a premier, battle-tested asset in Atlanta's high-growth Grove Park with this legal duplex at 2045 Lois Pl NW, a turnkey powerhouse currently generating nearly $6,000 in monthly gross income with proven potential to exceed $7,000. Built in 2004, this newer-construction brick and frame property offers a robust 10-bedroom, 6-bathroom configuration-5 bedrooms and 3 full baths per side-specifically designed for maximum cash flow. With a conservative 10% Cap Rate and a 17% Cash-on-Cash return, the numbers represent a sophisticated investment opportunity in a key growth corridor that has grossed over $70,000 in the past year. The property has operated as a high-performing PadSplit since 2019, maintaining a remarkable 325-day average member tenure that provides instant revenue and mitigated vacancy risk for the next owner. Recent strategic shifts in February 2025 have further slashed operating expenses, and there is a potential for an additional 8% monthly income upside for those who choose to self-manage. Each unit features an exceptionally strong rental footprint with renovated kitchens, durable hardwood flooring, and separately metered utilities to minimize owner oversight while offering the structural reliability of modern construction for a high-density rental model. Nestled in the heart of Grove Park, the asset is perfectly positioned for the "Westside Park" effect, located just steps from the new Shirley Clarke Franklin Park and the Westside BeltLine expansion to ensure long-term appreciation. Tenants benefit from excellent transit accessibility, including a 10-minute walk to the nearest MARTA bus stop, which connects directly to Downtown and Midtown. This is a rare opportunity to acquire a high-bedroom-count, cash-flowing asset in one of Atlanta's most explosive corridors with immediate revenue and significant future upside.

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Multi-Family Active

Price

$ 489,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,564

Style

Lot Size

0.172

Year Built

2004

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

10710126

Features
General
Sewer Public Sewer
Heating Central Forced Air
Cooling Central Air
Utilities Electricity Individual Meters Water Individual Meters Sewer Connected
HOA Fee 0
Association Fee Includes None
Construction Materials Brick Vinyl Siding
Year Built 2004
Levels Two
Property Subtype Multi Family Duplex
Tax Year 2025
Gross Income 68140
Community Features Park Sidewalks Street Lights Near Public Transport Near Shopping
County Fulton
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Grove Park
Garage Y/N false
Status New
Directions Head west on I-20 W take exit 53 for GA-139 then turn right onto W Lake Ave NW; turn left onto Donald Lee Hollowell Pkwy NW continue straight onto Hollywood Rd NW then turn right onto Johnson Rd NaW; turn left onto Jones Ave NW then left onto Lois Pl NW. The house will be on your right.
High School Douglass
City Atlanta
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 7492.32
Carport Y/N false
Elementary School Boyd
Tax Annual Amount 5564
Middle/Junior High School J L Invictus
Property Condition Resale
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Virtual Tour https://my.matterport.com/show/?m=ZWxTCh1qDrt
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Unit Common Area Other
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Parking Pad
Water Source Public
Total Parking 5
Lot Size Area 7492.32
Foundation Details Slab
Lot Size Acres 0.172
Lot Size Source Public Records
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* Excluded Features
List By
Keller Williams Realty

Broker

kathleen@stanton.team

Email

Affordability Calculator

$3,480
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,016
Monthly Property Taxes
$464
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4134919 Elementary School
0 Middle School
Douglass High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2026$489,900 Listed Price

Map


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2045 Lois Place NW, Atlanta, GA, 30318 is a Multi-Family Home for sale at $489,900 with a lot size of 0.172. 2045 Lois Place NW is a studio with 0.0 baths and was built in 2004. The property's zip code is 30318 which is in Atlanta, GA