2065 Morehouse Drive NW, Atlanta, GA 30314

$339,000

bedrooms

bathrooms

square feet

Acreage

0.2066

Open Houses

year built

1938

Full Baths

Half Baths

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This fully renovated, turnkey property is configured as a single-family home set up as a duplex, offering a unique opportunity for both homeowners and investors. With guaranteed rental income of $2,600/month—Unit A leased at $1,250/month and Unit B (in-law suite) approved for $1,350/month—this property offers immediate cash flow or the option to live in one unit and rent the other. Seller financing is available for fix-and-flip investors subject to the existing hard money lender, with only $35K down at closing and no origination points. Maximize profits by converting the property into a legal duplex, with a projected ARV in the low $400s. The property has already been converted to duplex-style living, requiring only permits and minimal TLC to complete the legal conversion. Zoned R5, with conversion costs estimated at $25,000 (including electrical separation, new HVAC, and cosmetic upgrades), this property presents long-term upside. With a certified appraisal at $425K ARV, it’s an exceptional investment in one of Atlanta’s hottest markets.

Location
Subdivision	Dixie Hills
County	Fulton - GA
Elementary School	Woodson Park Academy
Middle School	Fulton - Other
High School	Frederick Douglass

Driving directions

Open houses

None scheduled.

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MLS number: 7541425

Listing agent: Gabriel Bettsack

Listing broker: Realty East Cobb Dba Keller Williams Realty Atlanta North (770) 509-0700

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Last update: Monday, April 28 2025 at 5:20 p.m. EDT

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