Views
Address
1836 Dekalb Avenue NE, Atlanta, GA
Price
$ 1,989,000
Property Attributes
  • MLS#7379455
  • TypeMulti-Family
  • CountyDEKALB
  • CityAtlanta
  • NeighborhoodD.M. Matthews
  • Zip30307
  • Style
  • Year Built1955
  • Taxes$ 2725
  • Price$ 1,989,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size0.2 Acres
Data Source:
First Multiple Listing Services (FMLS)
Property Description

**July 8 is now available for inspections and showing. Please email agent to be added to the appointment schedule.** This rare opportunity to own a one-of-a-kind, 6-unit gem in Atlanta's coveted Candler Park/Lake Claire. Nestled across from Pullman Yards, it boasts walkability, proximity to MARTA, and easy access to attractions - a tenant magnet. Six fully equipped units offer proven tenant demand and rental income flexibility, as they can be positioned for long, short, and mid-term rental options. The property comprises four units in the main structure; the garage building houses two units - a converted garage apartment and a luxurious carriage house with a loft. Upgraded systems minimize upkeep and maximize profitability while providing a quality experience for your tenants. The versatile layout caters to a broad range of renters: Two spacious 1-bedroom units. Two well-laid-out studio units. One industrial-chic garage conversion. A luxurious one-bedroom + bonus bedroom loft in the carriage house. Six off-street parking spaces are conveniently located in the back of the property. Personally owned long-term by an award-winning Atlanta builder, this property has been meticulously renovated, maintained, and cared for. Sustainable practices shine through with repurposed materials crafted into bespoke fixtures and furnishings. Durable finishes - hardwood floors, granite, concrete, and natural wood - grace the units. Beyond the prime location, tenants and guests enjoy ample storage, in-unit laundry, and quality appliances. Energy-saving electric mini-split HVAC systems and tankless water heaters provide reliable, low-cost run utilities. This Atlanta multi-family property is an established, furnished, and stocked rental business that is ready for immediate income generation. Proximity to MARTA and significant travel corridors provides seamless access to Emory and Decatur, Downtown, the Beltline, and Ponce City Market. Walkable parks, restaurants, and entertainment options create a vibrant lifestyle for your tenants. This exceptional property unlocks prime access to Atlanta's in-town living, perfect for business travelers and explorers. A proven favorite with renters, it presents a remarkable opportunity to capitalize on Atlanta's thriving market. Additional details for investors: Six units, zoned C2, cash or commercial residential financing. Limited access due to high occupancy. Showings for pre-qualified buyers on open units when available with full access coordinated during due diligence. Earnings are available upon request. Five units are booked with short-term rentals, one unit is month-to-month.

Elementary School Middle School High School
Mary Lin Elementary School David T Howard Middle School Midtown High School
Price History
5/3/2024 Listed $1,989,000

General Features

Sewer Public Sewer
Heating Central,Ductless,Electric,Natural Gas
Cooling Ceiling Fan(s),Central Air,Ductless,Electric,Multi Units
Utilities Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Possession Close Of Escrow
Roof Composition,Shingle
Security Features Carbon Monoxide Detector(s)
Construction Materials Aluminum Siding,Block,Cement Siding
Year Built 1955
View City,Trees/Woods,Other
Levels One
Property SubType Other
Tax Year 2023
Waterfront Features No
Community Features Near Beltline,Near Public Transport,Near Schools,Near Shopping,Near Trails/Greenway,Park,Public Transportation,Restaurant,Sidewalks,Street Lights,Other
Accessibility None
County Dekalb - GA
Property Type Residential Income
HOA / Comm Assn No
Energy Efficient Appliances,Insulation,Lighting,Thermostat,Water Heater
Subdivision Name D.M. Matthews
Green Energy Generation None
Status Active
Directions Off of Dekalb Ave or from the neighborhood behind the property - Use either Casson St or Mathews Ave to get to the alley. Only park on Matthews or Casson not in alley.
High School Midtown
City Atlanta
Body of Water None
NumberOfUnitsTotal 6
Elementary School Mary Lin
Property Attached Y/N No
Tax Annual Amount 2725
Home Warranty Y/N No
Middle/Junior High School David T Howard
Property Condition Updated/Remodeled
Days on Market 32
Standard Status Active
Occupancy Type Tenant
Legal Description All that tract or parcel of land lying and being in Land Lot 211 of the l 5lll District,in the City of Atlanta,Dekalb County,Georgia,being Lot 4 7,of the Subdivision of D.M. Matthews,as per plat reco

Interior Features

Flooring Concrete,Hardwood
Furnished Y/N Furnished
Window Features None

Exterior Features

Fencing Front Yard,Privacy
Parking Features Paved,See Remarks,Varies by Unit
Lot Features Level,Rectangular Lot,Other
Water Source Public
Total Parking 4
Lot Dimensions 137 x 51
Lot Size Acres 0.2
Lot Size Source Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 30307

Statistics provided by Inside Real Estate

Price
AVG $1.38M
$1.99M
Taxes
AVG $7,442
$2,725
Visits
AVG 262
436
Data Provided by Inside Real Estate®
Year Built
AVG 1976
1955

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