GA > Atlanta > Tuskegee Heights
Atlanta, GA 30310,311 University AVE SW
Atlanta, GA 30310,311 University AVE SW
Atlanta, GA 30310,311 University AVE SW
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
5
May
Tue
6
May
Wed
7
May
Simona Ispas

Simona Ispas

+1(404) 801-8028
$355,000
Est. payment /mo
4,138 Sqft Lot
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status New

Purchase Type For Sale

Subdivision Tuskegee Heights

MLS Listing ID 10508716

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1948

Annual Tax Amount $4,785

Tax Year 2024

Lot Size 4,138 Sqft

Acres 0.095

Lot Dimensions 4138.2

Property Sub-Type Multi Family,Duplex

Property Description

Calling all INVESTORS! Strategically located in close proximity to Atlanta Beltline, Pittsburg Yards, major highways and public transportation, this up/down duplex on University Avenue offers a practical yet spacious layout with three bedrooms and two bathrooms on the upper unit and a one bedroom and one bathroom on the bottom unit. Both units were renovated a few years ago and have good standing, current tenants in place. The bottom-level unit tenant has signed a renewal for a one-year lease starting March 1st, 2025. The duplex nature of the home also opens the door to incredible investment opportunities where one (or both) of the units could be used to generate income from tenants, and one can be owner-occupied in the near future. The seller rents the upstairs unit for $1850 a month and the bottom unit for $1,050 a month, a total of $2900 a month. Both tenants have renewed their leases with rent increases for one year each, lease expires on March 1st, 2026. Considerate & kind tenants who are extremely stable with on-time rental payment history. This fantastic & hassle-free investment opportunity in the heart of Atlanta offers profitable returns and a high cap rate for a savvy investor's portfolio.

Location

State GA

County Fulton

Rooms

Basement Crawl Space

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features None

Garage Spaces 4.0

Community Features Sidewalks, Street Lights

Utilities Available Other

View Y/N No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Faces Please use GPS.

Foundation Block, Slab

Sewer Public Sewer

Water Public

Structure Type Brick,Block

New Construction No

Schools

Elementary Schools Gideons

Middle Schools Sylvan Hills

High Schools Carver

Others

HOA Fee Include None

Tax ID 14 007400081168

Special Listing Condition Resale

Read Less Info
Georgia MLS - GAMLS
© 2025 Georgia Multiple Listing Service. All Rights Reserved.

GET MORE INFORMATION

agent

Simona Ispas

+1(404) 801-8028

REALTOR® | License ID: 401707

REALTOR® License ID: 401707

Name

Phone*

Message

I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Simona Ispas, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

QUICK SEARCH