Description
Turn-key duplex | Motivated seller | Projected 6.4%+ cap rate | Cash flow investment | House hack opportunity Fully renovated upstairs/downstairs duplex with 2 bedrooms and 1 full bathroom per unit (4BR/2BA total). A great fit for portfolio growth, a 1031 exchange, or house hacking. Both units vacant at close, giving the new owner flexibility to lease at market rate, accept Section 8 vouchers, or occupy one side while renting the other. Potential to lease through the Section 8 Program with Atlanta Housing Authority (AHA) at $2, 000/month per unit — $4, 000/month gross ($48, 000 annually). Recently renovated with ample parking, offering broad tenant appeal and low-maintenance ownership. Motivated seller, priced to sell — ideal for buy-and-hold investors and house hackers seeking strong ROI and long-term appreciation. Proven rental history, turn-key condition, and immediate leasing opportunity make this one worth a serious look. Owner/Agent.
Address
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Address: 238 Anderson Avenue, Atlanta, Georgia 30314
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City: Atlanta
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State/county: GA
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Zip/Postal Code: 30314
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Area: DIXIE HILLS
Details
Updated on September 9, 2026 at 1:46 pm-
Property ID 7808412
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Price $500,000
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Land Area 0.107 m²
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Year Built 1948
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Property Type Duplex, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional, FHA, Lease Purchase, VA Loan
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Roof Shingle
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Utilities Electricity Available, Natural Gas Available, Sewer Available, Water Available
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Sewer Public Sewer
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Cooling Ceiling Fan(s), Central Air
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Heating Central, Electric
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Flooring Carpet, Vinyl
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County Fulton - GA
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Property Type Residential Income
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Parking Driveway
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Elementary School F. L. Stanton
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Middle School John Lewis Invictus Academy/Harper-Archer
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High School Frederick Douglass
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Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Restaurant, Sidewalks, Street Lights, Tennis Court(s), Other
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Waterfront None
Mortgage Calculator
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Down Payment
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Monthly HOA Fees
- Jason Tatum