$769,850

1515 Beech Valley Way NE, Atlanta, GA 30306

  • Property Icon Duplex
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon0.48acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 29 days ago

Property 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.

Listing Status:
Active
Date Added:
August 28, 2026
Data Last Updated:
September 26, 2026 at 5:08AM
Listing Office:
REMAX Metro Atlanta Cityside : 404-371-4419
Listing Agent:
THE ZAC TEAM : 404-564-7200
Contact:
404-371-4419
MLS ID:
7819736
  • Flooring: HardwoodTile
  • A/C: Central AirElectric
  • Heating: CentralForced AirGravityNatural Gas
  • Disability Feature: None
  • Eco/Green Feature: NoneNone
  • Parking: DrivewayLevel DrivewayParking spaces: 4
  • Roofing: CompositionShingle
  • Windows: Aluminum Frames
  • General: Brick 4 SidesTwo
  • Originating MLS: First Multiple Listing Service
  • County: Dekalb - GA
  • Zoning: See attached.18 055 10 004
  • View: CityOther
  • Fencing: Back YardChain LinkFenced
  • Utilities: Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: First Multiple Listing Service

This listing courtesy of THE ZAC TEAM , REMAX Metro Atlanta Cityside

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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