2065 Morehouse Drive Atlanta, GA 30314
Listing Courtesy of: MLS LogoFMLS / Coldwell Banker Realty / Rick Wiley - Contact:  404-252-4908

  2065 Morehouse Drive Atlanta, GA 30314

Active (2 Days)
$325,000 (USD)

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 #:
7740635
Taxes
$3,894(2024)
Lot Size
9,017 SQFT
Type
Multifamily
Year Built
1938
Views
City
County
Fulton County
Community
Dixie Hills

Listed By

Rick Wiley, Coldwell Banker Realty, Contact: 404-252-4908
Source
FMLS
Last checked Mar 25 2026 at 7:32 PM GMT+0000
Bathroom Details
Interior Features
  • Windows: Insulated Windows
Subdivision
  • Dixie Hills
Lot Information
  • Level
Heating and Cooling
  • Central
  • Central Air
Flooring
  • Carpet
  • Vinyl
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Electricity Available, Phone Available, Underground Utilities, Water Available, Natural Gas Available, Sewer Available
  • Sewer: Public Sewer
  • Energy: None, Thermostat, Insulation, Roof
School Information
  • Elementary School: Woodson Park Academy
  • Middle School: John Lewis Invictus Academy/Harper-Archer
  • High School: Frederick Douglass
Parking
  • Driveway
  • Level Driveway
  • Total: 4
Additional Information: Sandy Springs Perimeter | 404-252-4908
Location
   
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