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  • $449,900

    2881 Shallowford Rd, Atlanta, GA 30341

    4beds
    --baths
    --sqft
    Multi Family, Duplex
    Built in 1960
    -- sqft lot
    $469,300 Zestimate®
    $--/sqft
    $2,082 Estimated rent

    Home value

    $469,300

    $441,000 - $502,000

    $2,082/mo

    Zestimate® history
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    $2,082/mo

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    $2,677/mo

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    $2,677/mo

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    What's special

    Amazing opportunity for the savvy investor! Located in highly desirable Chamblee area near I85 and within walking distance to Dresden Elementary school, makes this a highly desirable four sided brick rental. Each unit has 2 bedrooms and 1 bathroom with new driveways completed in 2023(a $6K improvement) and has a family room and kitchen. Recent improvements include painting. The current rental rates are below market value, current rental rates are typically $1,400-$1,600. Investors can buy now and raise rates as-is or renovate and raise to even higher rates and refinance. Long term Tenants in unit 2881 are on month-to-month lease and unit 2879 has long term tenants of 10 years and are on a month-to-month lease. Why buy one when you can buy two? There is an additional duplex for sale a few houses down at 2853 Shallowford Rd, which just recently appraised for $520K (appraisal available upon request), and seller would prefer to sell both duplexes at the same time. Tenants currently occupy the property, please do not walk the property or disturb the tenants.

    Zillow last checked: 7 hours ago

    Listing updated: November 15, 2023 at 11:12am

    Listed by:

    John Novay 770-310-9697,

    Ansley RE | Christie's Int'l RE

    Bought with:

    Kiara Velasco, 403075

    Rudhil Companies, LLC

    Source: GAMLS,MLS#: 10196376MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s)
    Features
    • Basement: None
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 3
    • Parking features: Parking Pad
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Body of water: None
    Lot
    • Size: 0.40 Acres
    Details
    • Parcel number: 18 268 10 041
    • Special conditions: As Is,Investor Owned,No Disclosure

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Other
    Condition
    • Resale
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other

    Community & neighborhood

    Community
    • Community features: Sidewalks, Walk To Schools
    Location
    • Region: Atlanta
    • Subdivision: Whispering Hills

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: Other

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    11/15/2023Sold$449,9000%
    Source: GAMLS #10196376 Report a problem
    10/5/2023Pending sale$450,000
    Source: FMLS GA #7266310 Report a problem
    9/22/2023Price change$450,000-5.1%
    Source: FMLS GA #7266310 Report a problem
    9/12/2023Price change$474,000-0.2%
    Source: FMLS GA #7266310 Report a problem
    8/24/2023Listed for sale$474,900-2.1%
    Source: FMLS GA #7266310 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,955 +1.9%$164,320 -1.9%
    2024$7,810 +19.2%$167,560 +20.5%
    2023$6,553 +42.5%$139,040 +51.1%

    Find assessor info on the county website

    Neighborhood: 30341

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Dresden
    • Middle: Sequoyah
    • High: Cross Keys

    Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $469,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $469,300