$775,000

1628 Cecile Avenue SE, Atlanta, GA 30316

Duplex
Built in 1946
0.45acre lot
—— car garage
$——/sqft
Listed 7 days ago

Property Description

Turnkey East Atlanta Duplex - Two Detached Homes on One Lot Exceptional investment opportunity in East Atlanta featuring two fully detached homes with no shared walls on an oversized 0.4-acre lot. Both homes are leased, providing immediate cash flow, and were extensively renovated or newly constructed with modern systems for low-maintenance ownership. Unit A is a fully renovated 3-bedroom, 2-bath home updated in 2024 with a new roof, HVAC, driveway, and major systems. It is currently leased for $2,750/month. Unit B is a 2-bedroom, 2-bath new construction ADU completed in 2025 with contemporary finishes, private parking, and all-new systems. It is currently leased for $2,480/month. Combined rental income is $5,230/month ($62,760 annually). Estimated annual operating expenses are approximately $11,402, resulting in an estimated Net Operating Income (NOI) of approximately $51,358/year. Offered at an attractive 6.63% cap rate. Located just minutes from East Atlanta Village's restaurants, shopping, and entertainment, this property offers strong rental demand and long-term appreciation potential. With both homes built or renovated to 2025 standards, major capital expenses should be minimal for years to come. Highlights Two fully detached homes with no shared walls Oversized 0.4-acre lot Unit A: 3BR / 2BA, fully renovated in 2024 Unit B: 2BR / 2BA new construction ADU completed in 2025 Both units currently leased All major systems new or replaced in 2024/2025 Private off-street parking for each home Low-maintenance investment with strong in-place income Minutes from East Atlanta Village

Listing Status:: Active
Date Added:: July 20, 2026
Data Last Updated:: July 27, 2026 at 7:07AM
Listing Office:: Keller Knapp, Inc : 404-370-0092
Listing Agent:: David Holcombe : 404-370-0092
MLS ID:: 10808961

Basement: Crawl Space
A/C: Central Air
Heating: Central
Fireplace: Fireplaces: 0

Parking: Off StreetParking spaces: 4

General: BlockOneBlockSlab

HOA Amenities: 0.0
Originating MLS: Georgia MLS 2
County: DeKalb

Zoning: 15 175 02 066

Utilities: Electricity Individual MetersSewer ConnectedWater Billing Prorated
Water: Public
Sewer: Public Sewer

Source: Georgia MLS 2

This listing courtesy of David Holcombe , Keller Knapp, Inc

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Principal & Interest $
Property Taxes $
Home Insurance $
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