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Listed by Rick Wiley with Coldwell Banker Realty 404-252-4908
0 Baths

$289,900

2065 Morehouse Drive, Atlanta GA, 30314

Built in1938
Property typeMulti-family

Overview

Active

Listed Jun 19, 2026

Updated Jun 21

Turnkey Section 8 duplex generating $2,800+ per month in guaranteed, government-backed rental income. Property features a new HVAC condenser providing ice cold central air to the property. Don't miss this cash-flowing opportunity with immediate built-in equity. This fully renovated property offers immediate, stable returns and a low-risk investment profile in a high-demand Atlanta rental market. Currently producing approximately $2,850 per month, Unit B is leased at $1,600 per month, with $1,375 paid directly by a Georgia housing program and $250 contributed by the tenant, while the larger Unit A can be delivered vacant at closing-ideal for an owner-occupant or FHA buyer seeking to offset their mortgage with rental income. The property has been fully renovated with no major repairs needed, providing a true turnkey experience. With a recent as-is appraisal of $348,000, this asset presents approximately $48,000 in built-in equity along with immediate income and future upside potential. A rare opportunity for both investors and house hackers to secure a low-maintenance, income-producing property with strong financial positioning from day one. **Also the option to live in one unit and rent out the other**

$1,929/mo

Est. mortgage payment based on a $289,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$3,894
Tax Frequency
Annually
View
Yes
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Listed by Rick Wiley with Coldwell Banker Realty 404-252-4908

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Data is refreshed every 3 hours. Listing last updated 3:43 AM UTC on 6/21/2026. 

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