$925,000
$925,000
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1536 Beech Valley WAY NE Atlanta, GA 30306
0.28 Acres Lot
Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Druid Hills
MLS Listing ID 7722082
Sold Date 04/23/26
Construction Status Resale
HOA Y/N No
Year Built 1953
Annual Tax Amount $10,402
Tax Year 2025
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
Located in the highly desirable Druid Hills/Morningside corridor, this fully leased duplex offers a strong investor opportunity with $6,000 per month in gross rents ($72,000 annually) and approximately $19,000 per year in operating expenses, producing an estimated Net Operating Income of $53,000. Both units are currently leased at $3,000 per month plus utilities on month-to-month agreements, providing immediate cash flow with flexibility for future repositioning or owner-occupancy. The upper unit features 3 bedrooms and 2 full baths with recently refinished hardwood floors, spacious living and dining areas, new double-pane windows, and added attic insulation. The main level offers 3 bedrooms and 1.5 baths, a large pantry, and deck access. Each unit has separate entrances, separate driveways, and individually metered gas, electric, and water, helping control expenses and streamline management. Both units also benefit from large basement areas with commercial washer and dryer units and additional storage. Ideally situated near Emory University, Piedmont Park, Virginia Highland, Midtown, Buckhead, and Decatur, with MARTA access nearby and Daniel Johnson Nature Preserve just across the street, this stabilized asset combines reliable in-place income, long-term tenant history, and a prime location in one of Atlanta's most desirable rental markets. Seller is a licensed real estate agent in the State of Georgia. Property is eligible for annexation into the City of Atlanta, which may allow access to the Atlanta Public School system, subject to buyer verification and approval through the City of Atlanta annexation process.
Location
State GA
County Dekalb
Area Druid Hills
Lake Name None
Interior
Heating Central, Forced Air, Natural Gas
Cooling Central Air, Electric
Flooring Hardwood
Window Features Double Pane Windows,Insulated Windows
Exterior
Parking Features Driveway, Level Driveway, Varies by Unit
Fence None
Community Features Near Public Transport, Near Shopping, Park, Playground, Sidewalks, Street Lights, Tennis Court(s)
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available
Waterfront Description None
View Y/N Yes
View City, Other
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 4 Sides
Construction Status Resale
Schools
Elementary Schools Fernbank
Middle Schools Druid Hills
High Schools Druid Hills
Others
Senior Community no
Tax ID 18 055 11 002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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