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1515 Beech Valley Way NE

Atlanta, GA 30306
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Bed 6

Bed

Bath 4

Bath

SqFt2,969

Sqft

Acres0.48

Acre(Lot)

Located in the highly desirable Druid Hills/Morningside corridor, this side-by-side duplex offers a compelling investment opportunity in one of Atlanta's strongest rental markets. Projected combined rents of approximately $5,000-$6,000 per month provide potential gross rental income of $60,000-$72,000 annually. With estimated operating expenses of approximately $19,000 per year, projected Net Operating Income ranges from approximately $41,000-$53,000, depending on achieved rents. One unit is currently vacant, and the second unit is expected to be vacant by mid-September, giving a new owner flexibility to establish market rents, renovate or reposition the property, or potentially occupy one side while leasing the other. Both units feature a spacious townhome-style layout with 3 bedrooms and 2 full baths upstairs. The main levels include separate living and dining rooms, kitchens, half baths, pantries, and additional storage closets. Each residence also has access to a substantial portion of the lower level with laundry facilities and additional storage. The property features separate entrances, a circular driveway with parking for approximately four vehicles, and individually metered gas, electric, and water service-simplifying management and keeping utility expenses separate between units. Ideally positioned near Emory University, Virginia-Highland, Piedmont Park, Midtown, Buckhead, Decatur, and nearby MARTA access, the property also enjoys the natural surroundings of Daniel Johnson Nature Preserve directly behind the property. This combination of location, spacious floor plans, separate utilities, parking, and strong rental potential creates an attractive opportunity for both immediate income and long-term appreciation. The property may also be eligible for annexation into the City of Atlanta, which could provide access to the Atlanta Public Schools system. Any annexation eligibility, process, school assignment, and related benefits should be independently verified by the buyer with the City of Atlanta and applicable governmental authorities.

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Detail Ic Property Details

Property Type : Residential

Price : $769,850

AD Id : 90841899

MLS Id : 10835208

Beds : 6

Lot Size : 0.48 Acre

Living Area Size : 2,969

Year Built : 1948

Garage : 4

County : DeKalb

Subdivision: Morningside/druid Hills

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 6 Bedrooms On Upper Level: 6 Bedrooms On Lower Level: 0 Main Bedrooms: 0 Room Type: Other Window Features: Insulated Windows

    Bathroom Information

    Total Baths: 4 Full Baths: 4 Half Baths: 4 Full Baths Main: 0 Baths Full Lower: 0 Baths Full Upper: 4

    Water/Sewer

    Water Source: Public Water BodyName: NONE Sewer: Public Sewer
  • Interior Features

    High Ceilings,Roommate Plan Flooring: Hardwood

    Appliances

    Dishwasher,Disposal,Dryer,Gas Water Heater,Refrigerator,Washer

    Utilities

    Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
  • Cooling Features

    Central Air,Electric

    Heating Source

    Central,Forced Air,Natural Gas

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1948 Roof Type: Composition Basement: Daylight,Exterior Entry,Full,Interior Entry,Partial Common Walls: No Common Walls Levels: Two Property Age: 78
  • Security Features

    Smoke Detector(s)
  • Laundry Features

    In Basement

    Patio And Porch

    Patio

    Construction Materials

    Brick

    Property Condition

    Resale

  • Lot Information

    Lot Size (Acr): 0.48 Lot Size Source: Public Records Lot Features: Corner Lot
  • Property Information

    Property Type: Residential Property Sub Type: Single Family Residence Structure Type: House Subdivision: Morningside/Druid Hills City: Atlanta State: GA Directions: GPS Friendly Property Status: New

  • Listing Price Information

    Original List Price: $769,850

  • Tax Information

    Annual Tax: $10814 Tax Year: 2025
  • Home Warranty

    Home Warranty Paid: No

  • Virtual Tour

    Parking Information

    Parking: 4 Parking Features: Off Street
  • Homeowners Association Information

    Association: No Annual Association Fee: 0 Calculated Total Monthly Association Fees: 0 Association Fee Includes: None Community Features: Park,Street Lights,Walk To Public Transit,Walk To Schools,Walk To Shopping

  • School Information

    Elementary School: Briar Vista High School: Druid Hills High School Bus: Yes Middle School: Druid Hills Middle School Bus: Yes Source Neighborhood: Morningside/Druid Hills
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1596 Emory Road NE, Atlanta, GA, 30306 $1,150,000 5 4 3,300 3,300 SqFt
1298 Oxford Road NE, Atlanta, GA, 30306 $1,125,000 4 3 2,829 2,829 SqFt
1298 Oxford Road, Atlanta, GA, 30306 $1,125,000 4 3 2,829 2,829 SqFt
1426 Harvard Road NE, Atlanta, GA, 30306 $1,799,000 4 3 3,000 3,000 SqFt
1426 Harvard Road, Atlanta, GA, 30306 $1,799,000 4 4 3,000 3,000 SqFt
1207 Oxford Road NE, Atlanta, GA, 30306 $2,895,000 4 4 4,312 4,312 SqFt
1393 Harvard Road, Atlanta, GA, 30306 $1,050,000 3 3 --
1393 Harvard Road, Atlanta, GA, 30306 $1,050,000 3 3 2,500 2,500 SqFt
1417 Briarcliff Road NE, Atlanta, GA, 30306 $825,000 3 2 2,326 2,326 SqFt
1417 Briarcliff Road, Atlanta, GA, 30306 $825,000 3 3 --
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.

ByOwner last updated this listing 08/29/2026 @ 08:59

MLS: 10835208 LISTED BY: Zac Pasmanick, RE/MAX Metro Atlanta Cityside 404-371-4419 SOURCE: Georgia MLS

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