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2065 Morehouse Drive

Atlanta, GA 30314
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Bed --

Bed

Bath 0

Bath

Acres0.21

Acre(Lot)

Turnkey Section 8 duplex generating $2,800+ per month in guaranteed, government-backed rental income. Property features a new HVAC condenser providing ice cold central air to the property. Don't miss this cash-flowing opportunity with immediate built-in equity. This fully renovated property offers immediate, stable returns and a low-risk investment profile in a high-demand Atlanta rental market. Currently producing approximately $2,850 per month, Unit B is leased at $1,600 per month, with $1,375 paid directly by a Georgia housing program and $250 contributed by the tenant, while the larger Unit A can be delivered vacant at closing-ideal for an owner-occupant or FHA buyer seeking to offset their mortgage with rental income. The property has been fully renovated with no major repairs needed, providing a true turnkey experience. With a recent as-is appraisal of $348,000, this asset presents approximately $48,000 in built-in equity along with immediate income and future upside potential. A rare opportunity for both investors and house hackers to secure a low-maintenance, income-producing property with strong financial positioning from day one. **Also the option to live in one unit and rent out the other**

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Detail Ic Property Details

Property Type : Residential Income

Price : $289,900

AD Id : 85522825

MLS Id : 7791656

Lot Size : 0.21 Acre

Year Built : 1938

County : Fulton

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Map

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Feature Features

  • Roofing Information

    Composition
  • Interior Features

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

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

  • Building Information

    Year Built: 1938 Construction Materials: Vinyl Siding Private Pool: No View: City

  • Lot Information

    Lot Size Acres: 0.207 Lot Size Source: Owner

    Property Information

    Subdivision: Dixie Hills Source Property Type: Residential Income Property SubType: Duplex Levels: One Property Age: 88

  • Listing Price Information

    Listing Price: $289900

  • Tax Information

    Tax Lot: 21 Tax Block: 4 Tax Year: 2024 Annual Tax: $3894 Tax Legal Desc: 0

  • Parking Information

    Parking Total: 4 Paved

  • School Information

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

    Underground Utilities
  • Location Information

    Direction: GPS WaterSource: Public Security Features: Carbon Monoxide Detector(s)
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ByOwner last updated this listing 06/20/2026 @ 03:29

MLS: 7791656 LISTED BY: Rick Wiley, Coldwell Banker Realty 404-252-4908 SOURCE: First Multiple Listing Service (FMLS)

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