$339,999

311 University Avenue SW, Atlanta, GA 30310

  • Property Icon Duplex
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon4,138sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

Calling all INVESTORS! Strategically located in close proximity to Atlanta Beltline, Pittsburg Yards, major highways and public transportation, this up/down duplex on University Avenue offers a practical yet spacious layout with three bedrooms and two bathrooms on the upper unit and a one bedroom and one bathroom on the bottom unit. Both units were renovated a few years ago and have good standing, current tenants in place. The bottom-level unit tenant has signed a renewal for a one-year lease starting March 1st, 2025. The duplex nature of the home also opens the door to incredible investment opportunities where one (or both) of the units could be used to generate income from tenants, and one can be owner-occupied in the near future. The seller rents the upstairs unit for $1850 a month and the bottom unit for $1,050 a month, a total of $2900 a month. Both tenants have renewed their leases with rent increases for one year each, lease expires on March 1st, 2026. Considerate & kind tenants who are extremely stable with on-time rental payment history. This fantastic & hassle-free investment opportunity in the heart of Atlanta offers profitable returns and a high cap rate for a savvy investor's portfolio.

Listing Status:
Active
Date Added:
July 21, 2025 at 05:00AM
Listing Office:
Keller Williams Realty Atl. Partners : 678-775-2600
Listing Agent:
Shermine A Khakiani : 404-455-3925
MLS ID:
10568319
  • Basement: Bath FinishedDaylightExterior EntryFinishedFull
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Fireplaces: 0

This listing courtesy of Shermine A Khakiani, Keller Williams Realty Atl. Partners

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gideons Elementary School

897 Welch St SW, Atlanta, GA, 30310

Grades PK-5

0.71 miles away

S

Sylvan Hills Middle School

1461 Sylvan Rd SW, Atlanta, GA, 30310

Grades 6-8

1.29 miles away

G

G. W. Carver High School

55 McDonough Blvd SE, Atlanta, GA, 30315

Grades 9-12

0.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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