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For sale

$279,900

Price cut $10,000

Est. monthly cost

$1,843/mo

2065 Morehouse Drive, Atlanta, GA 30314

Listing by Coldwell Banker Realty

Beds
—
Baths
—
Sq ft
—
Lot
9,017 sqft

About this home

Turnkey Section 8 duplex generating $2,800+ per month in guaranteed, government-backed rental income. Property features a new HVAC condenser providing ice cold central air to the property. Don't miss this cash-flowing opportunity with immediate built-in equity. This fully renovated property offers immediate, stable returns and a low-risk investment profile in a high-demand Atlanta rental market. Currently producing approximately $2,850 per month, Unit B is leased at $1,600 per month, with $1,375 paid directly by a Georgia housing program and $250 contributed by the tenant, while the larger Unit A can be delivered vacant at closing-ideal for an owner-occupant or FHA buyer seeking to offset their mortgage with rental income. The property has been fully renovated with no major repairs needed, providing a true turnkey experience. With a recent as-is appraisal of $348,000, this asset presents approximately $48,000 in built-in equity along with immediate income and future upside potential. A rare opportunity for both investors and house hackers to secure a low-maintenance, income-producing property with strong financial positioning from day one. **Also the option to live in one unit and rent out the other**

Type
Multi Family,Duplex
Year built
1938
HOA
None
Garage
—
Property tax (2024)
$3,894/yr
Listed
—
MLS #
10789752

Features

Single story

Heating

Central

Cooling

Ceiling Fan(s) · Central Air

Property details

Interior

Levels:
One

Exterior and lot

Lot size:
0.21 acres

Construction

Construction materials:
Vinyl Siding
Property condition:
Updated/Remodeled

Utilities

Sewer:
Public Sewer
Water source:
Public
Utilities:
Underground Utilities
Green energy:
Insulation, Roof, Thermostat

Parking

Parking total:
4
Parking features:
Parking Pad

Community and HOA

Subdivision:
Dixie Hills
HOA:
No
Community features:
Golf, Park, Playground, Pool, Street Lights, Near Public Transport, Walk To Schools, Near Shopping

Taxes and financial

Annual tax amount:
$3,894 (2024)
Listing terms:
Cash, Conventional, FHA, VA Loan

Monthly cost

Estimated monthly cost

$1,843/mo

Principal & interest
$1,379
Property taxes
$325
Home insurance
$140

$55,980

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Oct 13, 2026Listed for sale$289,900

Schools

  • Woodson

    Elementary

  • Harper Archer

    Middle

  • Douglass

    High

School assignments can change — verify with the district before you buy.

Location

More homes in Dixie Hills

Listing information

Listing office:
Coldwell Banker Realty
Listing ID:
10789752
Status:
For sale

Source: Georgia MLS · Updated 6m ago · Nov 12, 2026, 6:30 AM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 12, 2026, 6:30 AM ET

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