2045 Lois Place Nw, Atlanta, GA 30318

Atlanta
Local realty services provided by:ERA Sunrise Realty
2045 Lois Place Nw,Atlanta, GA 30318
$489,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: kathleen levy
Office: keller williams realty metro atlanta
MLS#:7734889
Source:FIRSTMLS

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Price summary

  • Price:$489,900

About this home

10% CAP RATE | $70K+ ANNUAL RENT | CONFORMING DUPLEX Secure a premier, battle-tested asset in Atlanta’s high-growth Grove Park with this legal duplex at 2045 Lois Pl NW, a turnkey powerhouse currently generating nearly $6,000 in monthly gross income with proven potential to exceed $7,000. Built in 2004, this newer-construction brick and frame property offers a robust 10-bedroom, 6-bathroom configuration—5 bedrooms and 3 full baths per side—specifically designed for maximum cash flow. With a conservative 10% Cap Rate and a 17% Cash-on-Cash return, the numbers represent a sophisticated investment opportunity in a key growth corridor that has grossed over $70,000 in the past year. The property has operated as a high-performing PadSplit since 2019, maintaining a remarkable 325-day average member tenure that provides instant revenue and mitigated vacancy risk for the next owner. Recent strategic shifts in February 2025 have further slashed operating expenses, and there is a potential for...

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Home facts

  • Year built:2004
  • Listing ID #:7734889
  • Updated:July 07, 2026 at 06:54 AM

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:2004
  • Lot Features:Sloped
  • Construction Materials:Vinyl Siding
  • Levels:2 Story

Schools

  • High school:Frederick Douglass
  • Middle school:John Lewis Invictus Academy/Harper-Archer
  • Elementary school:William M.Boyd

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$489,900
  • Tax amount:$5,564 (2025)

Parking

  • Total parking spaces:5
  • Parking description:Parking Lot
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