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Listed price in listed location currency (USD).
$325,000

004

MLS® 7740635

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes $3,894
Days Active 3
Approx. Age 1938
MLS® Number 7740635

Property Address: 2065 Morehouse Dr Nw, Atlanta, GA, 30314-1300

Average square foot calculated using Size range provided by listing agent.

Description

Fully renovated income-producing duplex offering immediate cash flow and exceptional upside potential for investors or owner-occupants alike, with the option for one unit to be delivered vacant, making it ideal for an FHA buyer seeking to offset their mortgage with rental income. Situated in an ADU-friendly zoning area, this property presents a rare opportunity to further increase revenue with the addition of a spacious backyard accessory dwelling unit, with a seller-sourced prebuilt ADU option available at approximately $21, 000 as a cost-effective alternative to traditional construction. The property is currently generating $2, 850 per month in rental income, with Unit A leased through the Atlanta Housing Authority at $1, 250 per month and Unit B generating $1, 600 per month through a Georgia housing program, including tenant contribution. The backyard offers the potential to accommodate an approximately 380-square-foot one-bedroom, one-bath ADU, which could add an estimated $1, 500 per month in additional income, bringing projected total monthly rents to approximately $4, 350. A recent bank appraisal values the property at $348, 000 as-is, with projected value approaching $435, 000 upon completion of the ADU. Estimated total cost for ADU installation is approximately $36, 500, including plumbing, electrical, permits, and plans. This is a rare opportunity to acquire a turnkey duplex with stable income, government-backed tenants, and clear value-add potential in a high-demand rental market.
MLS® Number7740635
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1938
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 24, 2026List Date
$325,000List Price
Aug 3, 2023End Date
$285,000Sold Price

Sold

Aug 1, 2023List Date
$289,000List Price
Apr 4, 2023End Date
$155,000Sold Price

Sold

Feb 17, 2023List Date
$215,000List Price
  • Commute

Commute

Starting Address
Destination Address
2065 Morehouse Dr Nw, Atlanta, GA

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