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477 Fairlane Circle NW
Atlanta GA 30331 US

$339,000

Active Listing ID 10794777
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Lot: 0.20 Acres
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Other

$339,000

Active Listing ID 10794777
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477 Fairlane Circle NW Exceptional turnkey investment opportunity with immediate cash flow! This newly renovated duplex at 477 Fairlane Circle NW is a proven income-producing asset generating $3, 600 per month with both units currently occupied by stable tenants. The property features a spacious 4-bedroom, 3-bath residence leased through the Atlanta Housing Authority at $2, 000 per month and a 2-bedroom, 1-bath residence leased to a qualified tenant at $1, 600 per month. Both tenants pay their own utilities, maximizing owner cash flow while minimizing operating expenses. Thoughtfully updated approximately one year ago, the property boasts new HVAC systems, new water heaters, beautifully updated kitchens, renovated bathrooms, and numerous additional improvements, providing peace of mind and significantly reducing future maintenance expenses. With its flexible layout, this property is ideally suited for a variety of investment strategies, including PadSplit housing, veteran housing, group home operations, or continued traditional long-term rentals (subject to applicable zoning and local regulations). Perfectly positioned just minutes from I-20, Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and major employment centers, the location offers exceptional convenience, strong tenant demand, and outstanding long-term appreciation potential. Whether you're adding to an established portfolio or securing your first income-producing property, this fully occupied, newly renovated duplex offers immediate cash flow, dependable rental income, and exceptional long-term investment potential.

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Property Features

  • Facts
  • Lot Size: 0.20 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Ceiling Fan(s), Central Air, Attic Fan
  • Heating Fuels: Central

School Information

  • School
  • Harper-Archer(Elementary)
  • Harper Archer(MiddleSchool)
  • Douglass(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 339000
  • unparsedaddress: 477 Fairlane Circle NW
  • postalcity: Atlanta
  • stateorprovince: GA
  • country: US
  • postalcode: 30331
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2
  • lotsizeunits: Acres
  • lotsizearea: 0.2
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.767845
  • longitude: -84.501005
  • 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: 1960
  • listingcontractdate: 2026-06-28
  • listagenturl: http://www.coldwellbankeratlanta.com
  • countyorparish: Fulton
  • parcelnumber: 14 024200040385
  • elementaryschool: Harper-Archer
  • highschool: Douglass
  • cooling: Ceiling Fan(s), Central Air, Attic Fan
  • constructionmaterials: Block
  • heating: Central
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • waterfrontyn: False
  • franchiseaffiliation: Coldwell Banker Real Estate
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.50101, 33.767845
  • 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":"US", "ListOfficeEmail":"sandyspringsbranch@coldwellbankeratlanta.com", "ListOfficePostalCode":"30342", "ListOfficeStateOrProvince":"GA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Atlanta, GA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/477-Fairlane-Cir-NW_Atlanta_GA_30331_M61183-76283?f=listhub&s=GAMLS&m=10794777&c=rexren", "MLSModificationTimestamp":"2026-06-29 21:04:05", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3028, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/29/2026 9:41:14 PM GMT
Source Updated Date: 6/30/2026 12:50:44 AM 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.