208 Doane Street #10, Atlanta, GA 30315

Local realty services provided by:ERA Kings Bay Realty
208 Doane Street #10,Atlanta, GA 30315
$1,275,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: stephan dickieStephan@atlantaleasing.com
Office: atlanta leasing & investment
MLS#:10482025
Source:METROMLS

Price summary

  • Price:$1,275,000

About this home

Atlanta Leasing & Investment is proud to present an outstanding opportunity to acquire a 10-unit property located just 5 minutes from Georgia State University and steps from the vibrant Summerhill neighborhood. This prime asset offers quick access to I-85, ensuring seamless connectivity to Downtown Atlanta. This property generates strong immediate cash flow, with recent rent increases by the current owner. Market rents in the area range from $1,400 to $1,800 per month, providing a solid income stream. Additionally, the property presents a value-add opportunity Co strategic unit updates upon turnover could further maximize rental income. The property underwent interior renovations estimated at $200KCo$300K and exterior renovations estimated at $100K between 2017 and 2018. Currently operating at approximately a 7% cap rate, the property has the potential to reach 8% at market rents, making it an attractive and dependable investment with strong potential for appreciation and

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Home facts

  • Year built:1955
  • Listing ID #:10482025
  • Updated:January 09, 2026 at 12:03 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:1955
  • Lot area:0.22 Acres

Schools

  • High school:MH Jackson Jr
  • Middle school:Sylvan Hills
  • Elementary school:Other

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,275,000
  • Tax amount:$13,839 (2024)
MLS Logo2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed January 9, 2026

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