Imagine the satisfaction of owning a property that works for you, consistently generating income and building your wealth. Seize this opportunity to acquire a well-maintained duplex at 2609 Country Trace. Each spacious unit has 3-bedroom, 2-bathroom layout, complete with a cozy fireplace that adds a touch of home and enhances tenant appeal. With a proven rental history generating a solid $30,876 in 2024, this property offers immediate cash flow. Both units are currently leased, providing continuous income from day one. This duplex isn't just a property; it's a pathway to financial freedom. Whether you're a seasoned investor looking to expand your portfolio or a savvy first-time buyer seeking to offset your mortgage with rental income, this is your chance to secure a tangible asset in a promising location. The property's good condition minimizes immediate concerns, allowing you to focus on maximizing your returns. Appraised at $400,000. MARKET RENT POTENTIAL: Average rents for 3-bedroom rentals in this area are currently around $1,775/month. At that rate, total monthly income would increase to $3,550, or $42,600 annually. With the same 15% expense ratio, operating expenses would be approximately $6,390, resulting in a Net Operating Income (NOI) of $36,210. This would raise the cap rate to 9.16%. With a $395,000 purchase price, a 20% down payment ($79,000), and an estimated annual debt service of $23,694, projected cash flow would increase to $12,516/year - delivering an improved cash-on-cash return of 15.8%. The area is also seeing rapid growth, with new jobs coming to major employers like Archer Aviation and Meta-all within a 10-minute drive. Plus, with average rents for 3-bedroom rentals in the area currently around $1,775, there's clear potential for future rent increases.
Active
Price cut: $5K (7/14)
$390,000
2609 Country Trce SE, Conyers, GA 30013
--beds
--baths
--sqft
Est.:
Multi Family, Duplex
Built in 1985
-- sqft lot
$389,200 Zestimate®
$--/sqft
$-- HOA
What's special
- 67 days
- on Zillow |
- 489 |
- 45 |
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 10:06pm
Listed by:
Scott Martineau 678-780-0219,
Atlanta Communities
Source: GAMLS,MLS#: 10539619

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Attached
- Has attached garage: Yes
Features
- Levels: Two
- Stories: 2
- Body of water: None
Lot
- Size: 0.49 Acres
Details
- Parcel number: 077A020091
- Special conditions: As Is,Investor Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick, Concrete
Condition
- Resale
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Green energy
- Energy efficient items: Appliances, Insulation, Thermostat
Community & HOA
Community
- Features: None
- Subdivision: Country Walk At Fieldstone
HOA
- Has HOA: No
- Services included: None
Location
- Region: Conyers
Financial & listing details
- Tax assessed value: $412,000
- Annual tax amount: $6,511
- Date on market: 6/5/2025
- Listing agreement: Exclusive Right To Sell
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