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List Price $715,000
Units 2
Price / Unit $357,500

High-demand multifamily opportunity in Atlanta, GA

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

652 Boulevard SE Atlanta, GA 30312
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Charming corner-lot duplex across from the exciting new Grant Park Gateway development. Perfect for an owner-occupant seeking a guest/in-law suite, rental income, or the opportunity to convert to a single-family home. Unit A showcases stunning architectural details, freshly painted interiors, and refinished heart pine floors. Highlights include stained-glass windows, vintage light fixtures, soaring pocket doors, four fireplaces, and a Bose sound system with speakers throughout the home and wrap around, covered front porch. Tenants will be moving out of this larger unit in the front at the end of August making this also perfect for the owner who also wants to live in the front and have rental income in the back. Unit B is a bright and airy 1BR/1BA with abundant natural light and a private deck. A rare opportunity with endless possibilities in one of Atlanta’s most sought-after neighborhoods.Upgrades include exterior all new painting, kitchen remodel (all cabinets were replaced), new heating and HVAC in the last 3 years. Landlord responsible for water as its combined for both units. Power is separately metered.
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 $357,500 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: 7782636 • Listing courtesy of HomeSmart, Tracy Witherspoon • 678-313-4003

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