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2065 Morehouse Dr NW, Atlanta, GA, 30314

3beds
2baths
--sqft
$289,900
--price/sqft
$2,122/moest. monthly cost
$84,880/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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters Across Georgia Counties

Flood
Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,465$17,580
Home Insurance *$223$2,676
Property Taxes $215$2,580
Electricity $219$2,637
Total$2,122$25,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,754/yr
40% on housing$63,660/yr
45% on housing$56,586/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.7%
2.7%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 30314$135
Fulton County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 30314$133
Fulton County$202

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$299,000
2026-04-23Listing removed$299,000
2026-04-09Price change$299,000
2026-04-01Price change$315,000
2026-03-24Listed for sale$325,000
2026-03-04Listing removed$289,000
2026-01-12Listed for sale$289,000
2026-01-10Listing removed$289,000
2026-01-09Price change$289,000
2025-12-17Price change$279,000
2025-12-16Price change$269,000
2025-12-09Listed for sale$279,000
2025-07-29Listing removed$345,000
2025-07-21Listed for sale$345,000
2025-05-31Listing removed$329,000
2025-05-23Price change$329,000
2025-03-14Listed for sale$339,000
2025-02-25Listing removed$329,000
2025-01-30Listed for sale$329,000
2025-01-30Listing removed$339,000
2024-11-26Listed for sale$339,000
2024-11-08Listing removed$335,000
2024-10-06Listed for sale$335,000
2024-10-04Listing removed$310,000
2024-08-01Listed for sale$310,000
2024-05-01Sold$277,200
2023-08-23Sold$285,000
2023-05-09Sold$185,000
2021-04-23Sold$226,000
2019-05-13Sold$93,500

For Sale by Agent

AgentRick Wiley
BrokerageColdwell Banker Realty

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