1515 Beech Valley Way NE, Atlanta, GA 30306

About this home

Located in the highly desirable Druid Hills/Morningside corridor, this side-by-side duplex offers a compelling investment opportunity in one of Atlanta’s strongest rental markets. Projected combined rents of approximately $5,000-$6,000 per month provide potential gross rental income of $60,000-$72,000 annually. With estimated operating expenses of approximately $19,000 per year, projected Net Operating Income ranges from approximately $41,000-$53,000, depending on achieved rents. One unit is currently vacant, and the second unit is expected to be vacant by mid-September, giving a new owner flexibility to establish market rents, renovate or reposition the property, or potentially occupy one side while leasing the other. Both units feature a spacious townhome-style layout with 3 bedrooms and 2 full baths upstairs. The main levels include separate living and dining rooms, kitchens, half baths, pantries, and additional storage closets. Each residence also has access to a substantial portion of the lower level with laundry facilities and additional storage. The property features separate entrances, a circular driveway with parking for approximately four vehicles, and individually metered gas, electric, and water service—simplifying management and keeping utility expenses separate between units. Ideally positioned near Emory University, Virginia-Highland, Piedmont Park, Midtown, Buckhead, Decatur, and nearby MARTA access, the property also enjoys the natural surroundings of Daniel Johnson Nature Preserve directly behind the property. This combination of location, spacious floor plans, separate utilities, parking, and strong rental potential creates an attractive opportunity for both immediate income and long-term appreciation. The property may also be eligible for annexation into the City of Atlanta, which could provide access to the Atlanta Public Schools system. Any annexation eligibility, process, school assignment, and related benefits should be independently verified by the buyer with the City of Atlanta and applicable governmental authorities.

How this list price compares in Atlanta

• List price is 97% above the Atlanta median list price of $380,000 (5,382 homes).
• Compared with 2,648 single-family homes in Atlanta: 67% above the median of $449,900.
• List price per square foot is 1% below the Atlanta median of $255/SF.
• All 5,382 homes for sale in Atlanta, GA.
• 3,375 homes for sale in DeKalb County.

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type

Single-family home

Status

Pending

Bedrooms

6

Full baths

4

Half baths

4

Living area

2,969 SF

Lot size

0.48 acres

Year built

1948

Levels

Two

Main-level bedrooms

0

Parking

Driveway, Level Driveway

Basement

Daylight, Exterior Entry, Full, Interior Entry, Partial

Style

Traditional

Construction

Brick 4 Sides

Roof

Composition, Shingle

Flooring

Hardwood, Tile

Heating

Central, Forced Air, Natural Gas

Cooling

Central Air, Electric

Appliances

Dishwasher, Disposal, Dryer, Electric Range, Gas Water Heater, Refrigerator, Washer

Lot

Back Yard, Corner Lot

Community

Near Public Transport, Near Schools, Near Shopping, Park, Street Lights

HOA

No

Annual tax

$10,814 (2025)

County

DeKalb

Assigned schools

• HighDruid Hills
• MiddleDruid Hills
• ElementaryBriar Vista

As reported in the listing. Verify with the school district.