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311 University Avenue Sw, 
Atlanta, GA 30310

$355,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Shermine Khakiani

Keller Williams Realty Atlanta Partners

Last updated:

May 6, 2025, 01:20 PM

MLS#

7567754

Source:

FIRSTMLS

About This Home

311 University Avenue Sw

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.

Home Facts

Multi-Family

Built in 1948

Price Summary

355,000

MLS #:

7567754

Last Updated:

May 6, 2025, 01:20 PM


Structure

Structure

Year Built:

1948


Lot

Lot Size (Sq. Ft):

4,138


Finances & Disclosures

Finances

Price:

$355,000

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