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2065 Morehouse Dr NW, Atlanta, GA, 30314

3beds
2baths
--sqft
$299,000
--price/sqft
$2,181/moest. monthly cost
$87,240/yrincome needed

About This Home

Turnkey Section 8 duplex generating $2,800+ per month in guaranteed, government-backed rental income. Don't miss this cash-flowing opportunity with immediate built-in equity. This fully renovated property offers immediate, stable returns and a low-risk investment profile in a high-demand Atlanta rental market. Currently producing approximately $2,850 per month, Unit B is leased at $1,600 per month, with $1,375 paid directly by a Georgia housing program and $250 contributed by the tenant, while the larger Unit A can be delivered vacant at closing-ideal for an owner-occupant or FHA buyer seeking to offset their mortgage with rental income. The property has been fully renovated with no major repairs needed, providing a true turnkey experience. With a recent as-is appraisal of $348,000, this asset presents approximately $48,000 in built-in equity along with immediate income and future upside potential. A rare opportunity for both investors and house hackers to secure a low-maintenance, income-producing property with strong financial positioning from day one.

Getting Around

24
WalkingCar-Dependent
47
TransitSome Transit
27
BikeSomewhat Bikeable

Schools

4/10
Woodson Park AcademyGrades K-81.2 mi
2/10
Douglass High SchoolGrades 9-120.8 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1938

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Residential Income

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Window features: Insulated Windows
  • Flooring: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 14 017400070038

Features

  • Levels: One
  • Stories: 1
  • Exterior features: No Dock
  • Fencing: Chain Link
  • Has view: Yes
  • View description: Other
  • Waterfront features: None
  • Waterbody name: None

Lot

  • Lot size: 9,016 sqft
  • Features: Open Lot

Parking

  • Total spaces: 4
  • Parking features: Level Driveway
  • Has uncovered spaces: Yes