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Property Location

238 Anderson Avenue, Atlanta GA 30314

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List Price $525,000

Units 2

Est. Cap Rate 4.0%

Est. Cash-on-Cash -7.9%

Price / Unit $262,500

Est. Year 1 Cash Flow $-10,316 after debt service

238 Anderson Avenue Atlanta, GA 30314

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

Excellent investment opportunity in Atlanta's growing Dixie Hills community! This tenant-occupied duplex features two separate units, each offering 2 bedrooms and 1 bathroom, providing immediate rental income potential. Conveniently located just minutes from Downtown Atlanta, Mercedes-Benz Stadium, Westside Park, the Atlanta BeltLine, shopping, dining, and major highways, the property provides easy access to everything the city has to offer. Situated on an interior lot with a gently sloping yard, this property offers strong long-term investment potential in a rapidly developing area. Please do not disturb tenants. Showings by appointment only. Owner/Agent.

Investment Notes — Atlanta

Located in the Atlanta, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $262,500 Verified

Est. Cap Rate 4.02% Modeled

Est. Cash-on-Cash -7.86% Modeled

Gross Income $48,000 Gross

NOI $21,120 NOI

 Est. Year 1 Cash Flow  $-10,316  after debt service (25% down / 7% / 30-yr)  Cash Flow   

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. Pre-filled from From Rent Roll. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month From Rent Roll

Annual Gross Potential Income Editable

From Rent Roll

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

51%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Atlanta. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Review Further.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Review Further

Jeff’s Investment Take

Further review recommended before moving forward.

Est. Cap4.0%

Est. CoC-7.9%

Unit Mix & Available Rent Roll

Breakdown based on data provided in the FMLS listing

Unit	Beds	Baths	Monthly Rent
Unit 1	2	1	$2,000
Unit 2	2	1	$2,000
Total	2 units	—	$4,000

* 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.

Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

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.

MLS ID: 7808412 · Listing courtesy of Keller Williams Realty West Atlanta, Nhiaja Patton · 470-907-8266

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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