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238 Anderson Avenue, Atlanta, GA 30314

Atlanta
Local realty services provided by:CENTURY 21 Novus
238 Anderson Avenue,Atlanta, GA 30314
$500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nhiaja patton
Office: keller williams realty west atlanta
MLS#:7808412
Source:FIRSTMLS

Price summary

  • Price:$500,000

About this home

Turn-key duplex | Motivated seller | Projected 6.4%+ cap rate | Cash flow investment | House hack opportunity Fully renovated upstairs/downstairs duplex with 2 bedrooms and 1 full bathroom per unit (4BR/2BA total). A great fit for portfolio growth, a 1031 exchange, or house hacking. Both units vacant at close, giving the new owner flexibility to lease at market rate, accept Section 8 vouchers, or occupy one side while renting the other. Potential to lease through the Section 8 Program with Atlanta Housing Authority (AHA) at $2,000/month per unit — $4,000/month gross ($48,000 annually). Recently renovated with ample parking, offering broad tenant appeal and low-maintenance ownership. Motivated seller, priced to sell — ideal for buy-and-hold investors and house hackers seeking strong ROI and long-term appreciation. Proven rental history, turn-key condition, and immediate leasing opportunity make this one worth a serious look. Owner/Agent.

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Home facts

  • Year built:1948
  • Subdivision & Development:DIXIE HILLS
  • Listing ID #:7808412
  • Updated:September 11, 2026 at 01:31 PM

Rooms and interior

  • Flooring:Carpet, Vinyl

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1948
  • Lot area:0.11 Acres
  • Lot Features:Sloped
  • Construction Materials:Concrete
  • Levels:2 Story

Schools

  • High school:Frederick Douglass
  • Middle school:John Lewis Invictus Academy/Harper-Archer
  • Elementary school:F. L. Stanton

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$500,000
  • Tax amount:$4,714 (2023)

Parking

  • Parking description:Driveway
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