311 University Avenue Sw, Atlanta, GA 30310
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers



311 University Avenue Sw,Atlanta, GA 30310
$339,999
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:shermine khakiani
Office:keller williams realty atlanta partners
MLS#:7617013
Source:FIRSTMLS
Price summary
- Price:$339,999
About this home
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.
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Home facts
- Year built:1948
- Listing Id #:7617013
- Updated:August 03, 2025 at 01:22 PM
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1948
- Lot area:0.09 Acres
Schools
- High school:G.W. Carver
- Middle school:Sylvan Hills
- Elementary school:Charles L. Gideons
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$339,999
- Tax amount:$4,785 (2024)
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