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.
Active
$339,999
311 University Ave SW, Atlanta, GA 30310
--beds
--baths
--sqft
Est.:
Multi Family, Duplex
Built in 1948
-- sqft lot
$332,400 Zestimate®
$--/sqft
$-- HOA
What's special
- 15 days
- on Zillow |
- 394 |
- 23 |
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#: 10568319

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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