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2045 Lois Place NW
Atlanta GA 30318 US

$489,900

Active Listing ID 10710126
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Lot: 0.17 Acres
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$489,900

Active Listing ID 10710126
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2045 Lois Place NW 10% CAP RATE | $70K+ ANNUAL RENT | CONFORMING DUPLEX Secure a premier, battle-tested asset in Atlanta's high-growth Grove Park with this legal duplex at 2045 Lois Pl NW, a turnkey powerhouse currently generating nearly $6, 000 in monthly gross income with proven potential to exceed $7, 000. Built in 2004, this newer-construction brick and frame property offers a robust 10-bedroom, 6-bathroom configuration-5 bedrooms and 3 full baths per side-specifically designed for maximum cash flow. With a conservative 10% Cap Rate and a 17% Cash-on-Cash return, the numbers represent a sophisticated investment opportunity in a key growth corridor that has grossed over $70, 000 in the past year. The property has operated as a high-performing PadSplit since 2019, maintaining a remarkable 325-day average member tenure that provides instant revenue and mitigated vacancy risk for the next owner. Recent strategic shifts in February 2025 have further slashed operating expenses, and there is a potential for an additional 8% monthly income upside for those who choose to self-manage. Each unit features an exceptionally strong rental footprint with renovated kitchens, durable hardwood flooring, and separately metered utilities to minimize owner oversight while offering the structural reliability of modern construction for a high-density rental model. Nestled in the heart of Grove Park, the asset is perfectly positioned for the "Westside Park" effect, located just steps from the new Shirley Clarke Franklin Park and the Westside BeltLine expansion to ensure long-term appreciation. Tenants benefit from excellent transit accessibility, including a 10-minute walk to the nearest MARTA bus stop, which connects directly to Downtown and Midtown. This is a rare opportunity to acquire a high-bedroom-count, cash-flowing asset in one of Atlanta's most explosive corridors with immediate revenue and significant future upside.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Heating Fuels: Central, Forced Air

School Information

  • School
  • Boyd(Elementary)
  • J L Invictus(MiddleSchool)
  • Douglass(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 489900
  • unparsedaddress: 2045 Lois Place NW
  • postalcity: Atlanta
  • stateorprovince: GA
  • country: US
  • postalcode: 30318
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.172
  • lotsizeunits: Acres
  • lotsizearea: 0.172
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.78506
  • longitude: -84.454645
  • listagentfullname: Kathleen Levy
  • listagentemail: kathleen@stanton.team
  • listagentkey: 3yd-GAMLS-LEVYKATHLEEN
  • listagentmlsid: LEVYKATHLEEN
  • listagentpreferredphone: 4706907786
  • listagentofficephone: 4045645560
  • listofficekey: 3yd-GAMLS-KWAD01
  • listofficemlsid: KWAD01
  • disclaimer: Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GAMLS
  • yearbuilt: 2004
  • listingcontractdate: 2026-03-13
  • countyorparish: Fulton
  • parcelnumber: 17 022600030272
  • elementaryschool: Boyd
  • highschool: Douglass
  • cooling: Central Air
  • constructionmaterials: Brick, Vinyl Siding
  • heating: Central, Forced Air
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 5
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.45464, 33.78506
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty Intown", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"charlesbenton2@gmail.com", "ListBrokerageCity":"Atlanta", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Realty Intown", "ListBrokeragePhone":null, "ListBrokeragePostalCode":"30308", "ListBrokerageStateOrProvince":"GA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"621 North Ave C-50", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"101 W Ponce De Leon Avenue, Suite 200 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"KWAD01", "ListOfficeCity":"Decatur", "ListOfficeCountry":"USA", "ListOfficeEmail":"klrw305@kw.com", "ListOfficePostalCode":"30030", "ListOfficeStateOrProvince":"GA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Atlanta, GA", "ListingURL":null, "MLSModificationTimestamp":"2026-03-28 05:06:34", "Neighborhoods":[{"Description":null, "Name":"Grove Park"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5564, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/28/2026 5:41:39 AM GMT
Source Updated Date: 3/28/2026 6:51:25 PM GMT

Courtesy of: Kathleen Levy, Keller Williams Realty, kathleen@stanton.team

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.