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2065 Morehouse Drive NW
Atlanta GA 30314 US

$325,000

Active Listing ID 10717001
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Lot: 0.21 Acres
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Other

$325,000

Active Listing ID 10717001
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2065 Morehouse Drive NW Fully renovated income-producing duplex offering immediate cash flow and exceptional upside potential for investors or owner-occupants alike, with the option for one unit to be delivered vacant, making it ideal for an FHA buyer seeking to offset their mortgage with rental income. Situated in an ADU-friendly zoning area, this property presents a rare opportunity to further increase revenue with the addition of a spacious backyard accessory dwelling unit, with a seller-sourced prebuilt ADU option available at approximately $21, 000 as a cost-effective alternative to traditional construction. The property is currently generating $2, 850 per month in rental income, with Unit A leased through the Atlanta Housing Authority at $1, 250 per month and Unit B generating $1, 600 per month through a Georgia housing program, including tenant contribution. The backyard offers the potential to accommodate an approximately 380-square-foot one-bedroom, one-bath ADU, which could add an estimated $1, 500 per month in additional income, bringing projected total monthly rents to approximately $4, 350. A recent bank appraisal values the property at $348, 000 as-is, with projected value approaching $435, 000 upon completion of the ADU. Estimated total cost for ADU installation is approximately $36, 500, including plumbing, electrical, permits, and plans. This is a rare opportunity to acquire a turnkey duplex with stable income, government-backed tenants, and clear value-add potential in a high-demand rental market.

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Property Features

  • Facts
  • Lot Size: 0.21 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Heating Fuels: Central

School Information

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

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 325000
  • unparsedaddress: 2065 Morehouse Drive NW
  • postalcity: Atlanta
  • stateorprovince: GA
  • country: US
  • postalcode: 30314
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.207
  • lotsizeunits: Acres
  • lotsizearea: 0.207
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.760978
  • longitude: -84.454941
  • listagentfullname: Rick Wiley
  • listagentemail: rick@myrealtorrick.com
  • listagentkey: 3yd-GAMLS-WILEYRICK
  • listagentmlsid: WILEYRICK
  • listagentpreferredphone: 4046201400
  • listagentofficephone: 4042524908
  • listofficekey: 3yd-GAMLS-CBRB22
  • listofficemlsid: CBRB22
  • 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: 1938
  • listingcontractdate: 2026-03-24
  • listagenturl: http://www.coldwellbankeratlanta.com
  • countyorparish: Fulton
  • parcelnumber: 14 017400070038
  • elementaryschool: Woodson
  • highschool: Douglass
  • cooling: Central Air
  • constructionmaterials: Vinyl Siding
  • heating: Central
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 2
  • waterfrontyn: False
  • franchiseaffiliation: Coldwell Banker Real Estate
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.45494, 33.76098
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Coldwell Banker Residential Brokerage", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rick@myrealtorrick.com", "ListBrokerageCity":"Sarasota", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kenneth.demmons@nrtsoutheast.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Coldwell Banker Residential Brokerage", "ListBrokeragePhone":"(941) 487-1400", "ListBrokeragePostalCode":"34232", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"5951 Cattleridge Ave", "ListBrokerageWebsiteUrl":"http://www.coldwellbankeratlanta.com", "ListOfficeAddress1":"5252 Roswell Road, Suite 202 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"CBRB22", "ListOfficeCity":"Atlanta", "ListOfficeCountry":"USA", "ListOfficeEmail":"sandyspringsbranch@coldwellbankeratlanta.com", "ListOfficePostalCode":"30342", "ListOfficeStateOrProvince":"GA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Atlanta, GA", "ListingURL":null, "MLSModificationTimestamp":"2026-03-26 05:27:53", "Neighborhoods":[{"Description":null, "Name":"Dixie Hills"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3894, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/26/2026 5:55:05 AM GMT
Source Updated Date: 3/30/2026 12:47:41 PM GMT

Courtesy of: Rick Wiley, Coldwell Banker Realty, rick@myrealtorrick.com

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.