$499,900

2045 Lois Place NW, Atlanta, GA 30318

Multi-Family Home
Built in 2004
7,492sqft lot
—— car garage
$——/sqft
Listed 15 days ago

Property Description

Serious Investment Opportunity: Legal Duplex - Atlanta's Westside Generating Nearly $6,000/Month in Gross Income--Over a 10% Cap Rate | 16.88% Cash-on-Cash Return | Full Rental Potential: $7,000+ Gross Monthly Presenting a premier investment opportunity: a legal, cash-flowing duplex at 2045 Lois Pl NW, priced competitively at $499,900. This high-performing asset is fully occupied and delivers strong returns, giving investors immediate revenue and significantly reducing vacancy risk upon acquisition. Located in Atlanta's rapidly improving West Side, the property stands to benefit from ongoing neighborhood revitalization and long-term appreciation potential. Both units offer an exceptionally desirable layout-5 bedrooms and 3 full bathrooms per unit-ideal for maximizing rental income. Renovated kitchens, hardwood flooring, and solid brick-and-frame construction (built in 2004) further enhance durability and tenant appeal. The location offers excellent connectivity: just a 10-minute walk to the nearest MARTA bus stop and approximately a 16-minute walk to the nearest MARTA Rail Station, providing direct access to Downtown and Midtown Atlanta, shopping, restaurants, banking, and scenic Westside Park. The property has operated as a successful PadSplit co-living rental since 2019 under a single lease. Investors can further boost returns by self-managing, adding approximately 10% additional income per month.

Listing Status:: Active
Date Added:: December 4, 2025 at 06:00AM
Listing Office:: Keller Williams Realty : 404-564-5560
Listing Agent:: Kathleen Levy : 470-690-7786
MLS ID:: 10652939

Laundry: Common AreaOther
Basement: Crawl Space
A/C: Central AirCeiling Fan(s)Electric
Heating: Forced AirCentralElectric
Fireplace: Fireplaces: 0

Parking: Parking PadParking spaces: 5

General: BrickVinyl SidingTwoSlab

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

Zoning: 17 022600030272

Utilities: Other
Water: Public
Sewer: Public Sewer

Source: Georgia MLS 2

This listing courtesy of Kathleen Levy, Keller Williams Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

William M. Boyd Elementary School

1891 Johnson Rd NW, Atlanta, GA, 30318

Grades EE-5

0.31 miles away

J. L. Invictus Academy

1890 Donald Lee Hollowell Pkwy NW, Atlanta, GA, 30318

Grades 6-8

0.82 miles away

Frederick Douglass High School

225 Hamilton E Holmes Dr NW, Atlanta, GA, 30318

Grades 9-12

1.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.