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  • $339,999

    311 University Ave SW, Atlanta, GA 30310

    --beds
    --baths
    --sqft
    : 
    Multi Family, Duplex
    Built in 1948
    -- sqft lot
    $332,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Calling all INVESTORS! Strategically located in close proximity to Atlanta Beltline, Pittsburg Yards, major highways and public transportation, this up/down duplex on University Avenue offers a practical yet spacious layout with three bedrooms and two bathrooms on the upper unit and a one bedroom and one bathroom on the bottom unit. Both units were renovated a few years ago and have good standing, current tenants in place. The bottom-level unit tenant has signed a renewal for a one-year lease starting March 1st, 2025. The duplex nature of the home also opens the door to incredible investment opportunities where one (or both) of the units could be used to generate income from tenants, and one can be owner-occupied in the near future. The seller rents the upstairs unit for $1850 a month and the bottom unit for $1,050 a month, a total of $2900 a month. Both tenants have renewed their leases with rent increases for one year each, lease expires on March 1st, 2026. Considerate & kind tenants who are extremely stable with on-time rental payment history. This fantastic & hassle-free investment opportunity in the heart of Atlanta offers profitable returns and a high cap rate for a savvy investor's portfolio.
    15 days
    on Zillow
    |
    394
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    23
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    Zillow last checked: 7 hours ago

    Listing updated: August 03, 2025 at 10:06pm

    Listed by:

    Shermine A Khakiani 404-455-3925,

    Keller Williams Realty Atl. Partners

    Source: GAMLS,MLS#: 10568319MLS Logo
    Travel times

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    Next available tour time:Today at 4pm

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Basement: Bath Finished,Daylight,Exterior Entry,Finished,Full
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, Parking Pad, Attached
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,138.2 Square Feet
    Details
    • Parcel number: 14 007400081168

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Brick
    • Foundation: Block, Pillar/Post/Pier
    Condition
    • Resale
    • New construction: No
    • Year built: 1948

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Sidewalks, Street Lights
    • Subdivision: Tuskegee Heights
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Atlanta

    Financial & listing details

    • Tax assessed value: $292,200
    • Annual tax amount: $4,785
    • Date on market: 7/21/2025
    • Listing agreement: Exclusive Right To Sell
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