477 Fairlane Circle NW Atlanta, GA 30331
Listing Courtesy of: MLS LogoFMLS / Listed By: Rick Wiley, Coldwell Banker Realty - Contact:  404-252-4908

  477 Fairlane Circle NW Atlanta, GA 30331

Active
$339,000 (USD)

Description

Exceptional turnkey investment opportunity with immediate cash flow! This newly renovated duplex at 477 Fairlane Circle NW is a proven income-producing asset generating $3,600 per month with both units currently occupied by stable tenants. The property features a spacious 4-bedroom, 3-bath residence leased through the Atlanta Housing Authority at $2,000 per month and a 2-bedroom, 1-bath residence leased to a qualified tenant at $1,600 per month. Both tenants pay their own utilities, maximizing owner cash flow while minimizing operating expenses. Thoughtfully updated approximately one year ago, the property boasts new HVAC systems, new water heaters, beautifully updated kitchens, renovated bathrooms, and numerous additional improvements, providing peace of mind and significantly reducing future maintenance expenses. With its flexible layout, this property is ideally suited for a variety of investment strategies, including PadSplit housing, veteran housing, group home operations, or continued traditional long-term rentals (subject to applicable zoning and local regulations). Perfectly positioned just minutes from I-20, Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and major employment centers, the location offers exceptional convenience, strong tenant demand, and outstanding long-term appreciation potential. Whether you're adding to an established portfolio or securing your first income-producing property, this fully occupied, newly renovated duplex offers immediate cash flow, dependable rental income, and exceptional long-term investment potential.

MLS #:
7795980
Taxes
$3,028(2024)
Lot Size
8,712 SQFT
Type
Multifamily
Year Built
1960
County
Fulton County

Listed By

Rick Wiley, Coldwell Banker Realty, Contact: 404-252-4908
Source
FMLS
Last checked Jun 28 2026 at 11:37 PM GMT+0000
Bathroom Details
Interior Features
  • Windows: Insulated Windows
Heating and Cooling
  • Central
  • Ceiling Fan(s)
  • Central Air
  • Attic Fan
Flooring
  • Vinyl
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Underground Utilities
  • Sewer: Public Sewer
  • Energy: None, Insulation, Roof
School Information
  • Elementary School: Harper-Archer
  • Middle School: John Lewis Invictus Academy/Harper-Archer
  • High School: Frederick Douglass
Parking
  • Driveway
  • Total: 4
Additional Information: Sandy Springs Perimeter | 404-252-4908
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated: 6/28/26 16:37