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1515 Beech Valley Way

Atlanta, GA 30306
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Bed --

Bed

Bath 0

Bath

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 Income

Price : $769,850

AD Id : 90857151

MLS Id : 7819736

Lot Size : 0.48 Acre

Year Built : 1948

County : Dekalb

Subdivision: Morningside/druid Hills

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Feature Features

  • Flooring Information

    Hardwood, Tile
  • Roofing Information

    Composition, Shingle
  • Interior Features

    Roof: Composition, Shingle Window Features: Aluminum Frames
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Forced Air, Gravity, Natural Gas Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1948 Private Pool: No View: City, Other

  • Lot Information

    Lot Dimensions: 164 x 80 Lot Size Acres: 0.48 Lot Size Source: Public Records Lot Description: Corner Lot

    Property Information

    Subdivision: Morningside/Druid Hills Source Property Type: Residential Income Postal Code Plus 4: 2220 Property SubType: Duplex Levels: Two Property Age: 78

  • Listing Price Information

    Listing Price: $769850 Cash, Conventional

  • Tax Information

    Parcel Number: 18 055 10 004 Tax Lot: 0 Tax Block: 0 Tax Year: 2025 Annual Tax: $10814 Tax Legal Desc: See attached.

  • Parking Information

    Parking Total: 4 Driveway

  • School Information

    Elementary School: Briar Vista
    Junior High School: Druid Hills
    Senior High School: Druid Hills
  • Utility Information

    Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Location Information

    Direction: GPS Friendly WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1141 Rosedale Drive, Atlanta, GA, 30306 $825,000 -- -- --
811 Saint Charles Avenue, Atlanta, GA, 30306 $925,000 -- -- --

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ByOwner last updated this listing 08/29/2026 @ 08:44

MLS: 7819736 LISTED BY: THE TEAM, REMAX Metro Atlanta Cityside 404-371-4419 SOURCE: First Multiple Listing Service (FMLS)

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