238 Anderson Avenue, Atlanta, GA 30314

Atlanta
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
238 Anderson Avenue,Atlanta, GA 30314
$500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nhiaja patton
Office: keller williams realty west atlanta
MLS#:7808412
Source:FIRSTMLS

Price summary

  • Price:$500,000

About this home

Turn-key, fully renovated upstairs/downstairs duplex offering an excellent opportunity for investors, 1031 exchange buyers, or owner-occupants seeking a house-hack strategy. Each unit features 2 bedrooms and 1 full bathroom, for a total of 4 bedrooms and 2 bathrooms. Both units are expected to be vacant at closing, providing the new owner flexibility to lease both units or occupy one while renting the other. Projected rental income is up to $2,000 per month per unit, or $4,000 monthly/$48,000 annually, subject to market conditions and applicable program requirements. Potential 6.4%+ cap rate based on projected income and expenses. Owner-occupants may have access to down payment assistance opportunities through Invest Atlanta and Atlanta Housing, subject to buyer, property, lender, and program eligibility and guidelines. Atlanta Housing voucher participants may also have homeownership opportunities through applicable programs, subject to qualification and approval. Recently renovated...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1948
  • Subdivision & Development:DIXIE HILLS
  • Listing ID #:7808412
  • Updated:September 18, 2026 at 01:24 PM

Rooms and interior

  • Flooring:Carpet, Vinyl

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1948
  • Lot area:0.11 Acres
  • Lot Features:Sloped
  • Construction Materials:Concrete
  • Levels:2 Story

Schools

  • High school:Frederick Douglass
  • Middle school:John Lewis Invictus Academy/Harper-Archer
  • Elementary school:F. L. Stanton

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$500,000
  • Tax amount:$4,714 (2023)

Parking

  • Parking description:Driveway
MLS LogoListings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here (https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. ©2026 First Multiple Listing Service, Inc.

New listings near 238 Anderson Avenue