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1628 Cecile Avenue

Atlanta, GA 30316
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Acres0.45

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Turnkey East Atlanta Duplex – Two Detached Homes on One Lot Exceptional investment opportunity in East Atlanta featuring two fully detached homes with no shared walls on an oversized 0.4-acre lot. Both homes are leased, providing immediate cash flow, and were extensively renovated or newly constructed with modern systems for low-maintenance ownership. Unit A is a fully renovated 3-bedroom, 2-bath home updated in 2024 with a new roof, HVAC, driveway, and major systems. It is currently leased for $2,750/month. Unit B is a 2-bedroom, 2-bath new construction ADU completed in 2025 with contemporary finishes, private parking, and all-new systems. It is currently leased for $2,480/month. Combined rental income is $5,230/month ($62,760 annually). Estimated annual operating expenses are approximately $11,402, resulting in an estimated Net Operating Income (NOI) of approximately $51,358/year. Offered at an attractive 6.63% cap rate. Located just minutes from East Atlanta Village's restaurants, shopping, and entertainment, this property offers strong rental demand and long-term appreciation potential. With both homes built or renovated to 2025 standards, major capital expenses should be minimal for years to come. Highlights Two fully detached homes with no shared walls Oversized 0.4-acre lot Unit A: 3BR / 2BA, fully renovated in 2024 Unit B: 2BR / 2BA new construction ADU completed in 2025 Both units currently leased All major systems new or replaced in 2024/2025 Private off-street parking for each home Low-maintenance investment with strong in-place income Minutes from East Atlanta Village

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Detail Ic Property Details

Property Type : Residential Income

Price : $775,000

AD Id : 88203260

MLS Id : 7807609

Lot Size : 0.45 Acre

Year Built : 1946

County : Dekalb

Subdivision: East Atlanta

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Feature Features

  • Flooring Information

    Hardwood
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Window Features: Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1946 Construction Materials: Block, HardiPlank Type Private Pool: No View: City

  • Lot Information

    Lot Dimensions: 213 x 50 Lot Size Acres: 0.45 Lot Size Source: Public Records Lot Description: Private

    Property Information

    Subdivision: East Atlanta Source Property Type: Residential Income Postal Code Plus 4: 2132 Property SubType: Duplex Levels: One Property Age: 80

  • Listing Price Information

    Listing Price: $775000 1031 Exchange, Cash, Conventional

  • Tax Information

    Parcel Number: 15 175 02 066 Tax Year: 2025 Annual Tax: $6853 Tax Legal Desc: x

  • Parking Information

    Driveway

  • School Information

    Elementary School: Burgess-Peterson
    Junior High School: Martin L. King Jr.
    Senior High School: Maynard Jackson
  • Utility Information

    Cable Available, Electricity Available, Sewer Available, Water Available
  • Location Information

    Direction: gps WaterSource: Public Security Features: Carbon Monoxide Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1361 Metropolitan Avenue, Atlanta, GA, 30316 $925,000 -- -- --
1591 Woodland Avenue, Atlanta, GA, 30316 $365,000 -- -- --
692 Kirkwood Avenue, Atlanta, GA, 30316 $1,500,000 -- -- --
152A-C Berean Avenue, Atlanta, GA, 30316 $849,500 -- -- --

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ByOwner last updated this listing 07/27/2026 @ 00:24

MLS: 7807609 LISTED BY: David Holcombe, Keller Knapp 404-370-0092 SOURCE: First Multiple Listing Service (FMLS)

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