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238 Anderson Avenue, Atlanta, Georgia 30314
  • Property Type
  • Duplex, Residential Income
  • Area Size
238 Anderson Avenue, Atlanta, Georgia 30314
  • $500,000
  • $515,000

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: 238 Anderson Avenue, Atlanta, Georgia 30314
  • City: Atlanta
  • State/county: GA
  • Zip/Postal Code: 30314
  • Area: DIXIE HILLS

Details

Updated on September 9, 2026 at 1:46 pm
  • Property ID 7808412
  • Price $500,000
  • Land Area 0.107 m²
  • Year Built 1948
  • Property Type Duplex, Residential Income
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash, Conventional, FHA, Lease Purchase, VA Loan
  • Roof Shingle
  • Utilities Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer Public Sewer
  • Cooling Ceiling Fan(s), Central Air
  • Heating Central, Electric
  • Flooring Carpet, Vinyl
  • County Fulton - GA
  • Property Type Residential Income
  • Parking Driveway
  • Elementary School F. L. Stanton
  • Middle School John Lewis Invictus Academy/Harper-Archer
  • High School Frederick Douglass
  • Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Restaurant, Sidewalks, Street Lights, Tennis Court(s), Other
  • Waterfront None

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