2065 Morehouse Drive Atlanta, GA $ 289,900
2065 Morehouse Drive
$ 289,900
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2065 Morehouse Drive

Atlanta, GA, 30314
$ 289,900
Baths0.0

Monthly Estimate*

$ 1,785

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Studio

Multi-Family Home for sale in Atlanta, GA

for $289,900. This home was built in 1938 on a lot size of 0.207.

Turnkey Section 8 duplex generating $2,800+ per month in guaranteed, government-backed rental income. Property features a new HVAC condenser providing ice cold central air to the property. Don't miss this cash-flowing opportunity with immediate built-in equity. This fully renovated property offers immediate, stable returns and a low-risk investment profile in a high-demand Atlanta rental market. Currently producing approximately $2,850 per month, Unit B is leased at $1,600 per month, with $1,375 paid directly by a Georgia housing program and $250 contributed by the tenant, while the larger Unit A can be delivered vacant at closing-ideal for an owner-occupant or FHA buyer seeking to offset their mortgage with rental income. The property has been fully renovated with no major repairs needed, providing a true turnkey experience. With a recent as-is appraisal of $348,000, this asset presents approximately $48,000 in built-in equity along with immediate income and future upside potential. A rare opportunity for both investors and house hackers to secure a low-maintenance, income-producing property with strong financial positioning from day one. **Also the option to live in one unit and rent out the other**

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Multi-Family Active

Price

$ 289,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,894

Style

Lot Size

0.207

Year Built

1938

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7791656

Features
General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Underground Utilities
Roof Composition
Security Features Carbon Monoxide Detector(s)
Construction Materials Vinyl Siding
Year Built 1938
View City
Levels One
Property Subtype Duplex
Tax Year 2024
Gross Income 31200
Waterfront Features None
Community Features Golf Near Public Transport Near Schools Near Shopping Park Playground Pool Street Lights
Accessibility None
County Fulton - GA
Net Operating Income 0
Operating Expense 0
Property Type Residential Income
HOA false
Energy Efficient Insulation Roof Thermostat
Subdivision Name Dixie Hills
Green Energy Generation None
Status Active
Directions GPS
High School Frederick Douglass
City Atlanta
Body of Water None
Number Of Units Total 2
Elementary School Woodson Park Academy
Property Attached Y/N false
Tax Annual Amount 3894
Home Warranty Y/N false
Middle/Junior High School John Lewis Invictus Academy/Harper-Archer
Property Condition Updated/Remodeled
Standard Status Active
Tax Lot 21
Cap Rate 10.76
Freehold IDX
Corporate Owner None
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Interior
Window Features Insulated Windows
Total Baths 0
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Exterior
Fencing None
Parking Features Paved
Water Source Public
Total Parking 4
Lot Dimensions 0
Lot Size Acres 0.207
Lot Size Source Owner
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* Excluded Features
List By
Rick Wiley

Listing Agent

Coldwell Banker Realty

Broker

Rick@MyRealtorRick.com

Email

Affordability Calculator

$2,109
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,785
Monthly Property Taxes
$325
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
3420514 Elementary School
3420547 Middle School
Frederick Douglass High School High School
Pricing History
DatePricePrice ChangeDescription
6/19/2026$289,900 Listed Price

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2065 Morehouse Drive, Atlanta, GA, 30314 is a Multi-Family Home for sale at $289,900 with a lot size of 0.207. 2065 Morehouse Drive is a studio with 0.0 baths and was built in 1938. The property's zip code is 30314 which is in Atlanta, GA