☎︎ (706) 879-1813
Property Overview
List Price $299,000
0
2065 Morehouse Drive Atlanta, GA 30314

Description

Turnkey Section 8 duplex generating $2,800+ per month in guaranteed, government-backed rental income. Don't miss this cash-flowing opportunity with immediate built-in equity. This fully renovated property offers immediate, stable returns and a low-risk investment profile in a high-demand Atlanta rental market. Currently producing approximately $2,850 per month, Unit B is leased at $1,600 per month, with $1,375 paid directly by a Georgia housing program and $250 contributed by the tenant, while the larger Unit A can be delivered vacant at closing-ideal for an owner-occupant or FHA buyer seeking to offset their mortgage with rental income. The property has been fully renovated with no major repairs needed, providing a true turnkey experience. With a recent as-is appraisal of $348,000, this asset presents approximately $48,000 in built-in equity along with immediate income and future upside potential. A rare opportunity for both investors and house hackers to secure a low-maintenance, income-producing property with strong financial positioning from day one.

Property Basics

Location Atlanta, GA 30314
Property Type Residential Income — Duplex
Status Active
Year Built 1938
Days on Market 2

Key Features

Cooling Ceiling Fan(s), Central Air
Heating Central
Pool
Fireplaces

Additional Details

Lot Size 0.21 acres
Total Units 2
Price per Unit $149,500
0

Financial Overview

Gross Income $31,200
0
Annual Taxes $3,894

Listing provided by: Rick Wiley, Coldwell Banker Realty • 404-252-4908

Information is deemed reliable but not guaranteed. Verify all details independently.

Data last updated: April 23, 2026 at 1:56 PM EDT
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