Multifamily

1341 Pine Avenue

Atlanta, GA 30344

Location

1341 Pine Avenue, Atlanta GA 30344

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List Price$349,900
2 Units$174,950 per unit
Published yieldsYields UnpublishedRent coverage 50% — yields unpublished
ConflictListing evidence · class C
Rents1 / 2 units
Who paysWater tenant · Elec tenant · Gas tenant · Trash tenant · 1 units unknown
OccupancyNot in remarks
FinancialsMLS GI/NOI empty · Tax $2,601 (2025)

Not enough FMLS financials to publish cap, cash-on-cash, or DSCR in the hero. Use the calculator as a modeled scenario and request the rent roll / T-12.

Property Financials

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Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7750548
Listing Provided By Atlanta Communities · 404-655-9022
Description

Property Description

An outstanding opportunity to own a fully renovated, cash-flowing duplex. Completely rebuilt in 2024 down to the framework, this property features all-new major systems along with high-quality, modern finishes that provide durability, low maintenance, and long-term value. Both units are currently tenant occupied, producing immediate rental income. Each unit offers 2 bedrooms and 1 bathroom and is leased for $1,550 per month, generating a total monthly income of $3,100. Inside, you’ll find luxury vinyl plank flooring throughout, updated kitchens with granite countertops, stainless steel appliances, and stylish glass tile backsplashes. The bathrooms feature contemporary tile finishes highlighted by full-height chevron accent walls, creating a sleek, modern design built for everyday durability. The property also includes a generous backyard, providing additional outdoor space that enhances tenant appeal and functionality. Conveniently located near Hartsfield-Jackson Atlanta International Airport, Tyler Perry Studios, Porsche Experience Center Atlanta, and the iconic Chick-fil-A Dwarf House, this duplex is positioned in a highly desirable rental market with quick access to major highways, employment centers, shopping, and dining. With both units leased and a strong rental history already established, this turnkey investment is an excellent opportunity for investors seeking dependable cash flow, minimal maintenance, and long-term appreciation in one of Atlanta’s fastest-growing areas.
Listing facts

From this record

  • Incomplete — 1 of 2 unit rents
  • FMLS unit rents (may be asking). Remarks $3,100/mo vs FMLS unit rents $1,550/mo

2 doors on the listing. Generic market notes are below the fold.

Tax Advantage

Opportunity Zone Property

Tract 13121011000

This property is located inside a federally designated Qualified Opportunity Zone. Long-term investors may still access meaningful capital-gains benefits — primarily the potential exclusion of post-investment appreciation after a 10-year hold — when structured through a Qualified Opportunity Fund.

  • ExcludePotential permanent exclusion of post-investment appreciation if held 10+ years through a Qualified Opportunity Fund
  • TransitionCurrent zone designations remain in effect through 2028; new permanent OZ 2.0 rules begin January 2027
  • StructureBenefits require investment via a Qualified Opportunity Fund and satisfaction of holding-period and improvement tests

Opportunity Zone benefits depend on timing, fund structure, holding period, and substantial-improvement tests. The original deferral of pre-investment gains ends December 31, 2026. New rules (OZ 2.0) begin January 1, 2027. This is educational only — not tax, legal, or investment advice. Confirm current eligibility and structure with your CPA and counsel before acting.

Unit Mix & Available Rent Roll

Breakdown based on data provided in the FMLS listing· HUD Small Area FMR (ZIP 30344, FY2027)shown for comparison

UnitBedsBathsMonthly RentHUD SAFMRElecGasWaterGarbMaint
Unit 121$1,550$1,520-$30NNNNN
Unit 2—————————
Total1 of 2 units with rent$1,550Y = owner-paid · — = unknown

* Rent roll information is taken from the available FMLS listing data. Many multifamily listings do not include complete or verified tenant financials. Always verify actual rents, leases, and operating expenses during due diligence. HUD Small Area Fair Market Rents (ZIP-level payment standards) are published by the U.S. Department of Housing and Urban Development and are shown for comparison only.

Scenario

Investment Calculator

Scenario only. 1 of 2 rents in FMLS — GPI blank. Do not treat the results as in-place. Override any value.

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Repairs, pest, landscaping, cleaning, admin. Water and trash are separate lines. Electric/gas off when tenant-paid.

Conventional = fully amortizing. Commercial = shorter call + balloon. Seller finance = below-market note. Cash = no loan.

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Scenario returns — not in-place
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Scenario only. Yields unpublished — thin roll. Results are not in-place.

Coverage rules
  • GPI pre-fills only from MLS GI, a building-total UnitTypes row, or a rent roll covering ≥ 80% of doors.
  • A single sample rent is not averaged across the building.
  • Vacancy floor is max(5%, 100 − present occupancy in remarks).
  • Mgmt 8% at 8+ units, else 10%. Insurance $800/door. R&M $800/door.
  • Utility allowances turn on only when the who-pays grid or remarks say owner-paid.
  • SAFMR push is mix-weighted and hidden when the sample is extrapolated from thin coverage.
  • Commercial = 30% / 7% / 25-yr amort. Conventional = 25% / 7% / 30-yr. Cash = 100% equity, no debt service. CoC = NOI ÷ price.
Conflict

Jeff’s Investment Take

Market data · October 2026

Working thesis

Rent coverage or MLS financials are too thin to publish yields. Request the roll and T-12 before treating this as a screen.

  • Incomplete — 1 of 2 unit rents
  • FMLS unit rents (may be asking). Remarks $3,100/mo vs FMLS unit rents $1,550/mo
Same thesis · below the tapeFulton County

This ask is priced under what has been clearing here. List $174,950/door vs closed median $192,625 (9% below). Expired asks in this county sat at $212,500/door (44 buildings) — this list is under that failure tape too. Not a buy call. Confirm the roll, condition, and why the discount exists.

Open the market report →
Opportunity ZoneTract 13121011000

This property sits in a Qualified Opportunity Zone. For investors with a longer hold and proper QOF structure, the potential exclusion of post-investment appreciation after 10 years remains a meaningful tax-side consideration alongside the deal metrics above.

Educational only — not tax advice. Benefits depend on timing, fund structure, and holding/improvement tests. Confirm with your CPA.

Local market contextFulton County
Med. close $/door$192,62592 closed · 12 mo
Med. asking rent$1,642
Months of supply10.4Active ÷ (12-mo closed ÷ 12)
County sold gross9.0%Rent ÷ close · T12 sold tape
County asking gross9.0%Rent ÷ list · live asks
County sold NOI cap6.0%Calculator stack on closes

Modeled from available FMLS data, unit mix, and operating assumptions and Fulton County benchmarks. DSCR and cash-on-cash use conventional terms (25% down / 7% / 30-yr) for ≤4 units. Always verify with current rent roll and expenses.

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Disclaimer

Important Investment Information

Median estimated cap, cash-on-cash, and DSCR require MLS gross income or NOI, a dated broker package, a listing building total, or a unit rent roll covering at least 80% of doors. Thin records stay Incomplete — those yields are not printed in the hero or on cards. The calculator is a labeled scenario, not in-place income.

When a line is missing we use disclosed defaults only inside the calculator: vacancy floor of max(5%, 100 − present occupancy in remarks); management 8% of EGI at 8+ units otherwise 10%; insurance $800 per door; R&M $800 per door. Utility allowances turn on only if the who-pays grid or remarks say owner-paid (water $900–1,800 per door until a T-12). A single who-pays row does not set the building. We do not use an all-in “other” of $1,100 per door, and we do not average one sample rent across the building.

Rent coverage 50% — yields unpublished

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.