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311 University Avenue Sw, Atlanta

$365,000

0 Beds
0 Baths
0 Sqft
.1 Acres
0 Garages

Calling all INVESTORS! Strategically located in close proximity to Atlanta Beltline, Pittsburg Yards, major highways and public transportation, this up/down duplex on University Avenue offers a practical yet spacious layout with three bedrooms and two bathrooms on the upper unit and a one bedroom and one bathroom on the bottom unit. Both units were renovated a few years ago and have goodstanding, current tenants in place. The bottom-level unit tenant has signed a renewal for a one-year lease starting March 1st, 2025. The duplex nature of the home also opens the door to incredible investment opportunities where one (or both) of the units could be used to generate income from tenants, and one can be owner-occupied in the near future. The seller rents the upstairs unit for $1850 a month and the bottom unit for $1,050 a month, a total of $2900 a month. Both tenants have renewed their leases with rent increases for one year each, lease expires on March 1st, 2026. Considerate & kind tenants who are extremely stable with on-time rental payment history. This fantastic & hassle-free investment opportunity in the heart of Atlanta offers profitable returns and a high cap rate for a savvy investor's portfolio.

Essential Information
MLS® #7498214
Price$365,000
Bathrooms0.00
Acres0.10
Year Built1948
TypeResidential Income
Sub-TypeDuplex
StatusActive
Community Information
Address311 University Avenue Sw
SubdivisionTuskegee Heights
CityAtlanta
CountyFulton - GA
StateGA
Zip Code30310
Amenities
Parking Spaces6
ParkingNone
ViewTrees/Woods, Other
WaterfrontNone
Utilities

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Interior
HeatingForced Air
CoolingCentral Air
StoriesOne and One Half
Exterior
Lot DescriptionLevel
WindowsNone
RoofComposition
ConstructionOther
School Information
ElementaryCharles L. Gideons
MiddleSylvan Hills
HighG.W. Carver
Listing Details
Listed By:

Keller Williams Realty Atlanta Partners

Property History
Price Reduced from $375,000 to $365,000
Price Reduced from $385,000 to $375,000
Price Reduced from $389,999 to $385,000

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Listing information last updated on March 15th, 2025 at 7:30am EDT.

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