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477 Fairlane Circle

Atlanta, GA 30331
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Bed --

Bed

Bath 0

Bath

Acres0.20

Acre(Lot)

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 fu ture 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $339,000

AD Id : 87044302

MLS Id : 7795980

Lot Size : 0.20 Acre

Year Built : 1960

County : Fulton

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Map

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Feature Features

  • Flooring Information

    Vinyl
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Window Features: Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Attic Fan, Ceiling Fan(s), Central Air

  • Building Information

    Year Built: 1960 Construction Materials: Block Private Pool: No View: Other

  • Lot Information

    Lot Size Acres: 0.2 Lot Size Source: Owner

    Property Information

    Subdivision: None Source Property Type: Residential Income Levels: Two Property Age: 66

  • Listing Price Information

    Listing Price: $339000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Tax Lot: 0 Tax Block: 0 Tax Year: 2024 Annual Tax: $3028 Tax Legal Desc: 0

  • Parking Information

    Parking Total: 4 Driveway

  • School Information

    Elementary School: Harper-Archer
    Junior High School: John Lewis Invictus Academy/Harper-Archer
    Senior High School: Frederick Douglass
  • Utility Information

    Underground Utilities
  • Location Information

    Direction: GPS WaterSource: Public
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ByOwner last updated this listing 06/30/2026 @ 05:26

MLS: 7795980 LISTED BY: Rick Wiley, Coldwell Banker Realty 404-252-4908 SOURCE: First Multiple Listing Service (FMLS)

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