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2065 Morehouse Drive Nw, 
Atlanta, GA 30314

$325,000


Bed


Bath


-

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Rick Wiley

Last updated:

March 24, 2026, 11:35 PM

MLS#

10717001

Source:

METROMLS

About This Home

2065 Morehouse Drive Nw

Fully renovated income-producing duplex offering immediate cash flow and exceptional upside potential for investors or owner-occupants alike, with the option for one unit to be delivered vacant, making it ideal for an FHA buyer seeking to offset their mortgage with rental income. Situated in an ADU-friendly zoning area, this property presents a rare opportunity to further increase revenue with the addition of a spacious backyard accessory dwelling unit, with a seller-sourced prebuilt ADU option available at approximately $21,000 as a cost-effective alternative to traditional construction. The property is currently generating $2,850 per month in rental income, with Unit A leased through the Atlanta Housing Authority at $1,250 per month and Unit B generating $1,600 per month through a Georgia housing program, including tenant contribution. The backyard offers the potential to accommodate an approximately 380-square-foot one-bedroom, one-bath ADU, which could add an estimated $1,500 per month in additional income, bringing projected total monthly rents to approximately $4,350. A recent bank appraisal values the property at $348,000 as-is, with projected value approaching $435,000 upon completion of the ADU. Estimated total cost for ADU installation is approximately $36,500, including plumbing, electrical, permits, and plans. This is a rare opportunity to acquire a turnkey duplex with stable income, government-backed tenants, and clear value-add potential in a high-demand rental market.

Home Facts

Multi-Family

Built in 1938

Price Summary

325,000

MLS #:

10717001

Last Updated:

March 24, 2026, 11:35 PM


Structure

Structure

Year Built:

1938


Lot

Lot Size (Sq. Ft):

9,016


Finances & Disclosures

Finances

Price:

$325,000

2065 Morehouse Drive Nw
MLS Logo
2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed March 24, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.