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238 Anderson Avenue, Atlanta, GA 30314

Atlanta
Local realty services provided by:CENTURY 21 Results
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, fully renovated upstairs/downstairs duplex offering an excellent opportunity for investors, 1031 exchange buyers, or owner-occupants seeking a house-hack strategy. Each unit features 2 bedrooms and 1 full bathroom, for a total of 4 bedrooms and 2 bathrooms. Both units are expected to be vacant at closing, providing the new owner flexibility to lease both units or occupy one while renting the other. Projected rental income is up to $2,000 per month per unit, or $4,000 monthly/$48,000 annually, subject to market conditions and applicable program requirements. Potential 6.4%+ cap rate based on projected income and expenses. Owner-occupants may have access to down payment assistance opportunities through Invest Atlanta and Atlanta Housing, subject to buyer, property, lender, and program eligibility and guidelines. Atlanta Housing voucher participants may also have homeownership opportunities through applicable programs, subject to qualification and approval. Recently renovated...

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Home facts

  • Year built:1948
  • Subdivision & Development:DIXIE HILLS
  • Listing ID #:7808412
  • Updated:October 05, 2026 at 01:33 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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