1628 Cecile Avenue Se, Atlanta, GA 30316
Local realty services provided by:ERA Hirsch Real Estate Team
Listed by: david holcombe
Office: knapp realty
MLS#:10808961
Source:METROMLS
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...
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Home facts
- Year built:1946
- Subdivision & Development:East Atlanta
- Listing ID #:10808961
- Updated:October 29, 2026 at 11:35 AM
Rooms and interior
- Basement Description:Crawl Space
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1946
- Lot area:0.45 Acres
- Construction Materials:Block
- Foundation Description:Block, Slab
- Levels:1 Story
Schools
- High school:MH Jackson Jr
- Middle school:King
- Elementary school:Burgess Peterson
Utilities
- Water:Public, Water Billing Prorated
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$775,000
- Tax amount:$6,853 (2025)
Parking
- Total parking spaces:4
- Parking description:Off Street Parking
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