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List Price $574,999
Units 1
Price / Unit $574,999

High-demand multifamily opportunity in Marietta, GA

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

1620 Caribou Court Marietta, GA 30066
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Rare mid-century split-level home located in one of Marietta's most desirable school districts, featuring a beautiful in-ground pool, no HOA, and a separate income-producing guest suite previously rented for $1,200 per month to help offset your mortgage payment. Tucked away on a quiet cul-de-sac along a peaceful tree-lined street in the highly sought-after Addison Elementary, Daniell Middle, and Sprayberry High School district, this unique property offers the perfect combination of character, space, flexibility, and value. The main home features 4 spacious bedrooms and 2.5 bathrooms, along with two separate living areas that provide plenty of room for entertaining, relaxing, working from home, or accommodating a growing household. The thoughtfully designed kitchen serves as the heart of the home, showcasing granite countertops, stainless steel appliances, abundant cabinet space, and beautiful views of both the family room and backyard. A separate dining room creates the perfect setting for gatherings, while walk-in closets, abundant natural light, and fresh exterior paint add to the home's appeal. Step outside to your own private backyard retreat, complete with a large fenced yard, mature landscaping, and a sparkling in-ground pool ready for summer entertaining. What truly sets this property apart is the separate 1-bedroom, 1-bath guest wing on its own utility meter, offering incredible flexibility for rental income, multi-generational living, long-term guests, or a private home office. With no HOA restrictions, top-rated schools, income potential, and a prime East Cobb location close to shopping, dining, parks, and commuter routes, this is a rare opportunity to own a home that offers both an exceptional lifestyle and built-in financial flexibility.
Investment Context for Marietta Multifamily:
  • Located in the Marietta, 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 $574,999 Verified
Est. Cap Rate 📊 Cap Rate Modeled
Est. Gross Income $1,200 📊 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: 7789197 • Listing courtesy of Keller Williams Realty Intown ATL, Aaron Moen • 404-541-3500

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