1515 Beech Valley Way Ne, Atlanta, Georgia 30306
  • $769,850

Description

Located in the highly desirable Druid Hills/Morningside corridor, this side-by-side duplex offers a compelling investment opportunity in one of Atlanta’s strongest rental markets. Projected combined rents of approximately $5, 000-$6, 000 per month provide potential gross rental income of $60, 000-$72, 000 annually. With estimated operating expenses of approximately $19, 000 per year, projected Net Operating Income ranges from approximately $41, 000-$53, 000, depending on achieved rents. One unit is currently vacant, and the second unit is expected to be vacant by mid-September, giving a new owner flexibility to establish market rents, renovate or reposition the property, or potentially occupy one side while leasing the other. Both units feature a spacious townhome-style layout with 3 bedrooms and 2 full baths upstairs. The main levels include separate living and dining rooms, kitchens, half baths, pantries, and additional storage closets. Each residence also has access to a substantial portion of the lower level with laundry facilities and additional storage. The property features separate entrances, a circular driveway with parking for approximately four vehicles, and individually metered gas, electric, and water service—simplifying management and keeping utility expenses separate between units. Ideally positioned near Emory University, Virginia-Highland, Piedmont Park, Midtown, Buckhead, Decatur, and nearby MARTA access, the property also enjoys the natural surroundings of Daniel Johnson Nature Preserve directly behind the property. This combination of location, spacious floor plans, separate utilities, parking, and strong rental potential creates an attractive opportunity for both immediate income and long-term appreciation. The property may also be eligible for annexation into the City of Atlanta, which could provide access to the Atlanta Public Schools system. Any annexation eligibility, process, school assignment, and related benefits should be independently verified by the buyer with the City of Atlanta and applicable governmental authorities.

  • Address: 1515 Beech Valley Way Ne, Atlanta, Georgia 30306
  • City: Atlanta
  • State/county: GA
  • Zip/Postal Code: 30306
  • Area: Morningside/Druid Hills

Details

Updated on August 31, 2026 at 2:16 pm
  • Property ID 7819736
  • Price $769,850
  • Land Area 0.48 m²
  • Year Built 1948
  • Property Type Duplex, Residential Income
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash, Conventional
  • Roof Composition, Shingle
  • Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Sewer Public Sewer
  • Cooling Central Air, Electric
  • Heating Central, Forced Air, Gravity, Natural Gas
  • Flooring Hardwood, Tile
  • County Dekalb - GA
  • Property Type Residential Income
  • Parking Driveway, Level Driveway
  • Elementary School Briar Vista
  • Middle School Druid Hills
  • High School Druid Hills
  • Community Features Near Public Transport, Near Shopping, Park, Street Lights
  • Waterfront None

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