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List Price $999,000
Units 2
Price / Unit $499,500

High-demand multifamily opportunity in Atlanta, GA

Properties with strong cash flow potential in this market typically receive multiple offers quickly.

287 Mackenzie Drive NE Atlanta, GA 30312
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Don’t miss the opportunity to own this amazing 5 bedroom 4 ½ home/duplex located in one of the most sought out neighborhoods in Atlanta - Old Fourth Ward/Inman Park. This duplex has two spacious homes totaling 5 bedrooms and 4 ½ baths. Unit A (upstairs) is a 3 bed/ 2 bath home with original wood floors, a deck and fireplace in main bedroom, two other well sized bedrooms that share a bath, and a beautiful modern kitchen leading out to a large deck with stairs to the level yard. Unit B (downstairs) is a 2 bed/ 2 ½ bath home with a brick fireplace in Livingroom, large deck off the kitchen, hardwoods throughout, granite countertops, dual sinks, tile backsplash, recessed lighting, spacious bedrooms and SO many more features!! This is definitely of a gem situated on a spacious wooded backyard on a little less than a quarter of acre lot in the heart of Atlanta. Walking distances to parks, restaurants, the BeltLine, and retail/offices. Don't miss out on this rare find at a great price!! Investors/Developers: AirDNA indicates AirBNB potential data: 118K/annually; $571/nightly rate (both units); 57% occupancy rate. There is some exciting development in the area including the old hospital and parking deck across from the property being developed into homes, businesses and gathering places as well as a medical facility called BlvdNext (see next to last photo). Also, at the end of the street is a development by Fuqua called Highland and Boulevard (see last photo), another mixed use project
Investment Context for Atlanta Multifamily:
  • Located in the Atlanta, GA area with access to regional employment centers
  • Typical value-add potential through professional management and improvements
  • Multifamily rental demand varies by submarket — local verification recommended
  • Cash flow performance depends on occupancy, expenses, and market conditions
PROFESSIONAL INVESTMENT ANALYSIS

Modeled using FMLS data + Atlanta market benchmarks

Price per Unit $499,500 Verified
Est. Cap Rate 📊 Cap Rate Modeled
Est. Gross Income 📊 Gross Modeled
Est. NOI Estimated
Est. Year 1 Cash Flow after estimated debt service 📊 Cash Flow Modeled
✅ Confidence scores included ✅ Latest FMLS data ✅ Transparent modeling
CASH FLOW PROJECTION TOOL

Adjust assumptions to see personalized 5-year projections (Using market-based estimate)

Year 1 NOI $0
Year 1 Cash Flow $0
Year 1 Cash-on-Cash 0%
Est. Year 5 Property Value $0
Total 5-Year Cash Flow $0
* These are estimates based on available listing data and Atlanta metro market benchmarks. Detailed seller financials were not provided, so NOI was modeled conservatively. Always verify all numbers independently and consult your own professionals before making investment decisions.
SIMILAR INVESTMENT OPPORTUNITIES

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IMPORTANT INVESTMENT DISCLAIMER
Important Investment Information

All financial estimates (NOI, Cap Rate, Cash Flow, Year 5 projections, etc.) are modeled using Atlanta metro market benchmarks combined with available FMLS listing data.

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: 7720085 • Listing courtesy of Hester Group REALTORS, Kelly Force • 404-495-8392

IDX Information Provided by Jeff Crowe • jeffcrowe@c21theavenues.com
FMLS • Updated Daily • Investor Analyzed