$299,000

2065 Morehouse Drive, Atlanta, GA 30314

  • Property Icon Duplex
  • Property Year Built Icon Built in 1938
  • Property Lot Size Icon9,017sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Turnkey Section 8 duplex generating $2,800+ per month in guaranteed, government-backed rental income. Don't miss this cash-flowing opportunity with immediate built-in equity. This fully renovated property offers immediate, stable returns and a low-risk investment profile in a high-demand Atlanta rental market. Currently producing approximately $2,850 per month, Unit B is leased at $1,600 per month, with $1,375 paid directly by a Georgia housing program and $250 contributed by the tenant, while the larger Unit A can be delivered vacant at closing-ideal for an owner-occupant or FHA buyer seeking to offset their mortgage with rental income. The property has been fully renovated with no major repairs needed, providing a true turnkey experience. With a recent as-is appraisal of $348,000, this asset presents approximately $48,000 in built-in equity along with immediate income and future upside potential. A rare opportunity for both investors and house hackers to secure a low-maintenance, income-producing property with strong financial positioning from day one.

Listing Status:
Active
Date Added:
April 23, 2026
Data Last Updated:
May 17, 2026 at 7:09AM
Listing Office:
Coldwell Banker Realty : 404-252-4908
Listing Agent:
Rick Wiley : 404-620-1400
MLS ID:
7758387
  • Flooring: None
  • A/C: Ceiling Fan(s)Central Air
  • Heating: Central
  • Disability Feature: None
  • Eco/Green Feature: InsulationRoofThermostatNone
  • Parking: Level DrivewayParking spaces: 4
  • Roofing: Composition
  • Windows: Insulated Windows
  • General: Vinyl SidingOne
  • Originating MLS: First Multiple Listing Service
  • County: Fulton - GA
  • Zoning: 014 017400070038
  • View: Other
  • Fencing: Chain Link
  • Utilities: Underground Utilities
  • Water: Public
  • Sewer: Public Sewer
  • Source: First Multiple Listing Service

This listing courtesy of Rick Wiley , Coldwell Banker Realty

Monthly Payment

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

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Location

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