JeffCroweCRE
Multifamily

1591 Woodland Avenue SE

Atlanta, GA 30316

Location

1591 Woodland Avenue SE, Atlanta GA 30316

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List Price$330,000
2 Units$165,000 per unit
Published yieldsYields UnpublishedRent coverage 0% — yields unpublished
IncompleteListing evidence · class C
Rents0 / 2 units
Who paysWater tenant · Elec tenant · Gas tenant · Trash tenant
OccupancyNot in remarks
FinancialsMLS GI/NOI empty · Tax $5,811 (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 #7779472
Listing Provided By Keller Williams Buckhead · 404-604-3800
Description

Property Description

Investor Special in the Heart of East Atlanta – Endless Potential at an Unbeatable Price! Opportunity is knocking at 1591 Woodland Ave SE! Priced at just $375,000, this duplex offers incredible upside for savvy investors, house hackers, or owner-occupants looking to build wealth through real estate. Featuring two separate units with separate utility meters, the property includes a spacious 4-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, creating multiple income-producing possibilities. While the property needs TLC and renovation, the potential is undeniable. Live in one unit and rent the other, create a high-performing traditional rental portfolio, cater to roommate-style housing, or explore short-term rental opportunities where permitted. Once renovated, estimated combined rental income could approach $4,500 per month, making this an attractive value-add opportunity. Located in one of Atlanta's most dynamic and rapidly growing areas, you'll enjoy convenient access to the Atlanta BeltLine, vibrant East Atlanta Village, downtown Atlanta, major employment centers, MARTA transit, and an abundance of local restaurants, breweries, coffee shops, entertainment venues, and nightlife. Outdoor enthusiasts will appreciate nearby parks and green spaces, while commuters will love the easy access to I-20 and I-285. No HOA. No rental restrictions known. Sold strictly AS-IS. Seller has never occupied the property and provides no disclosures. Buyer and buyer's representative are responsible for independently verifying all information, including but not limited to square footage, zoning, rental restrictions, development potential, school information, condition, and future use suitability. Bring your vision, contractor, and imagination—this is the kind of opportunity that doesn't come along often! - This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. - All offers must be entered through propoffers. - An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers site. This fee will be paid at closing from the Broker representing the buyer as selling Broker or transaction broker. - Subject to seller addendum - For financed offers EMD to be 1% or $1000 whichever is greater and for cash/hard money offers EMD to be 5% or $5000 whichever is greater. EMD to be held by seller's title or attorney. - All offers are subject to OFAC clearance. - Sold AS IS; NO BLIND offers; POF/pre-qual letter is a must - No disclosures will be provided by seller A viewing release must be signed and returned to our office before showing this property.
Listing facts

From this record

  • Incomplete — 0 of 2 unit rents

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

Unit Mix & Available Rent Roll

Breakdown based on data provided in the FMLS listing· HUD Small Area FMR (ZIP 30316, FY2027)shown for comparison

UnitBedsBathsMonthly RentHUD SAFMRElecGasWaterGarbMaint
Unit 121—$1,820NNNNN
Unit 242—$2,580NNNNN
Total2 units$0Y = 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. Enter GPI — incomplete roll. 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.

Financing

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

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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.
Incomplete

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 — 0 of 2 unit rents
Same thesis · below the tapeFulton County

This ask is priced under what has been clearing here. List $165,000/door vs closed median $192,625 (14% 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 →
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
View all Fulton multifamily →View all Atlanta multifamily →Full Georgia multifamily market report →Voucher Spread™ report →

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 0% — 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.