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238 Anderson Avenue

Atlanta, GA 30314
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Bed --

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Bath 0

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Acres0.11

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Turn-key duplex | Motivated seller | Projected 6.4%+ cap rate | Cash flow investment | House hack opportunity Fully renovated upstairs/downstairs duplex with 2 bedrooms and 1 full bathroom per unit (4BR/2BA total). A great fit for portfolio growth, a 1031 exchange, or house hacking. Both units vacant at close, giving the new owner flexibility to lease at market rate, accept Section 8 vouchers, or occupy one side while renting the other. Potential to lease through the Section 8 Program with Atlanta Housing Authority (AHA) at $2,000/month per unit — $4,000/month gross ($48,000 annually). Recently renovated with ample parking, offering broad tenant appeal and low-maintenance ownership. Motivated seller, priced to sell — ideal for buy-and-hold investors and house hackers seeking stron g ROI and long-term appreciation. Proven rental history, turn-key condition, and immediate leasing opportunity make this one worth a serious look. Owner/Agent.

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Detail Ic Property Details

Property Type : Residential Income

Price : $515,000

AD Id : 88304125

MLS Id : 7808412

Lot Size : 0.11 Acre

Tax Amount : 4714.00

Year Built : 1948

County : Fulton

Subdivision: Dixie Hills

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Feature Features

  • Flooring Information

    Carpet, Vinyl
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

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

  • Building Information

    Year Built: 1948 Construction Materials: Concrete Private Pool: No View: Neighborhood, Trees/Woods

  • Lot Information

    Lot Dimensions: 4650 Lot Size Acres: 0.107 Lot Size Source: Assessor Lot Description: Sloped

    Property Information

    Subdivision: DIXIE HILLS Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 78

  • Listing Price Information

    Listing Price: $515000 Original Price: $525000 Cash, Conventional, FHA, Lease Purchase, VA Loan

  • Tax Information

    Parcel Number: 14 017400080391 Tax Year: 2023 Annual Tax: $4714 Tax Legal Desc: UNSOUND NW 620

  • Parking Information

    Driveway

  • School Information

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

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

    Direction: I-20 W to Exit 52A (Lowery Blvd). Right on Lowery Blvd NW, left on Joseph E. Boone Blvd NW, right on Anderson Ave NW. Property on the left. WaterSource: Public Security Features: Security Service
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
570 Thurmond Street, Atlanta, GA, 30314 $529,000 -- -- -- 0.09 Acre
556 Cairo Street, Atlanta, GA, 30314 $485,000 -- -- -- 0.11 Acre
89 Ollie Street, Atlanta, GA, 30314 $329,000 -- -- -- 0.09 Acre
1061 M L King Jr Drive, Atlanta, GA, 30314 $659,000 -- -- -- 0.15 Acre
133 Arcadia Circle, Atlanta, GA, 30314 $425,000 -- -- -- 0.22 Acre
1328 Sharon Street, Atlanta, GA, 30314 $539,000 -- -- -- 0.10 Acre
1409 Hawkins Street, Atlanta, GA, 30314 $319,000 -- -- -- 0.16 Acre
1891 Tremont Drive, Atlanta, GA, 30314 $715,000 -- -- -- 0.17 Acre
308 Anderson Avenue, Atlanta, GA, 30314 $489,000 -- -- -- 0.30 Acre
2008 Joseph E Boone Bou.., Atlanta, GA, 30314 $315,000 -- -- -- 0.18 Acre

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ByOwner last updated this listing 09/08/2026 @ 19:01

MLS: 7808412 LISTED BY: Nhiaja Patton, Keller Williams Realty West Atlanta 470-907-8266 SOURCE: First Multiple Listing Service (FMLS)

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