GA > Atlanta > Tuskegee Heights
Atlanta, GA 30310,311 University AVE SW
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Atlanta, GA 30310,311 University AVE SW
Atlanta, GA 30310,311 University AVE SW
Atlanta, GA 30310,311 University AVE SW
Atlanta, GA 30310,311 University AVE SW
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Engel & Völkers Atlanta

Engel & Völkers Atlanta

+1(404) 845-7724
$ 365,000
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Price Dropped by $10K

311 University AVE SW Atlanta, GA 30310

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Tuskegee Heights

MLS Listing ID 10428380

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1948

Annual Tax Amount $4,839

Tax Year 2023

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 goodstanding, 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 Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features None

Garage Spaces 6.0

Community Features Street Lights

Utilities Available Sewer Connected, Other, Electricity Individual Meters, Water Individual Meters

View Y/N No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Faces Please use GPS.

Sewer Public Sewer

Water Public

Structure Type Other

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

Georgia MLS - GAMLS
© 2025 Georgia Multiple Listing Service. All Rights Reserved.
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Pittsburgh, Atlanta, GA

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+1(404) 845-7724

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311 University AVE SW