1628 Cecile Avenue Se, Atlanta, GA 30316
Local realty services provided by:ERA Towne Square Realty, Inc.
Listed by: david holcombe
Office: keller knapp
MLS#:7807609
Source:FIRSTMLS
Price summary
- Price:$775,000
About this home
Turnkey East Atlanta Duplex – Two Detached Homes on One Lot
Exceptional investment opportunity in East Atlanta featuring two fully detached homes with no shared walls on an oversized 0.4-acre lot. Both homes are leased, providing immediate cash flow, and were extensively renovated or newly constructed with modern systems for low-maintenance ownership.
Unit A is a fully renovated 3-bedroom, 2-bath home updated in 2024 with a new roof, HVAC, driveway, and major systems. It is currently leased for $2,750/month.
Unit B is a 2-bedroom, 2-bath new construction ADU completed in 2025 with contemporary finishes, private parking, and all-new systems. It is currently leased for $2,480/month.
Combined rental income is $5,230/month ($62,760 annually). Estimated annual operating expenses are approximately $11,402, resulting in an estimated Net Operating Income (NOI) of approximately $51,358/year. Offered at an attractive 6.63% cap rate.
Located just minutes from East Atlanta Village's restaurants, shopping, and entertainment, this property offers strong rental demand and long-term appreciation potential. With both homes built or renovated to 2025 standards, major capital expenses should be minimal for years to come.
Highlights
Two fully detached homes with no shared walls
Oversized 0.4-acre lot
Unit A: 3BR / 2BA, fully renovated in 2024
Unit B: 2BR / 2BA new construction ADU completed in 2025
Both units currently leased
All major systems new or replaced in 2024/2025
Private off-street parking for each home
Low-maintenance investment with strong in-place income
Minutes from East Atlanta Village...
Contact an agent
Home facts
- Year built:1946
- Subdivision & Development:East Atlanta
- Listing ID #:7807609
- Updated:September 07, 2026 at 01:31 PM
Rooms and interior
- Flooring:Hardwood
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1946
- Lot area:0.45 Acres
- Lot Features:Private
- Construction Materials:Block, HardiPlank Type
- Levels:1 Story
Schools
- High school:Maynard Jackson
- Middle school:Martin L. King Jr.
- Elementary school:Burgess-Peterson
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$775,000
- Tax amount:$6,853 (2025)
Parking
- Parking description:Driveway, Level Driveway
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