LKV Realty
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$775,000
1628 Cecile Avenue SE, Atlanta, GA 30316Listing ID 7807609

1628 Cecile Avenue SE, Atlanta, GA 30316

Active
East Atlanta
Time on site: 28 daysLast updated: 3 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Acres
Acres
0.45
Days on Site
Days on Site
27
Cooling
Cooling
Central Air
Heating
Heating
Central
Year Built
Year Built
1946
Parking
Parking
Driveway, Level Driveway

Turnkey East Atlanta Duplex – Two Detached Homes on One Lot Exceptional investment opportunity in East Atlanta featuring two fully detached homes with no shared walls on an oversized 0.4-acre lot. Both homes are leased, providing immediate cash flow, and were extensively renovated or newly constructed with modern systems for low-maintenance ownership. Unit A is a fully renovated 3-bedroom, 2-bath home updated in 2024 with a new roof, HVAC, driveway, and major systems. It is currently leased for $2,750/month. Unit B is a 2-bedroom, 2-bath new construction ADU completed in 2025 with contemporary finishes, private parking, and all-new systems. It is currently leased for $2,480/month. Combined rental income is $5,230/month ($62,760 annually). Estimated annual operating expenses are approximately $11,402, resulting in an estimated Net Operating Income (NOI) of approximately $51,358/year. Offered at an attractive 6.63% cap rate. Located just minutes from East Atlanta Village's restaurants, shopping, and entertainment, this property offers strong rental demand and long-term appreciation potential. With both homes built or renovated to 2025 standards, major capital expenses should be minimal for years to come. Highlights Two fully detached homes with no shared walls Oversized 0.4-acre lot Unit A: 3BR / 2BA, fully renovated in 2024 Unit B: 2BR / 2BA new construction ADU completed in 2025 Both units currently leased All major systems new or replaced in 2024/2025 Private off-street parking for each home Low-maintenance investment with strong in-place income Minutes from East Atlanta Village

Property Information

Property Details

Location

Address
1628 Cecile Avenue SE
County
Dekalb - GA
City
Atlanta
Zip Code
30316
Subdivision
East Atlanta
High School
Maynard Jackson
Elementary School
Burgess-Peterson
Keller Knapp, (404) 370-0092

Interior Features

Heating and Cooling

Cooling
Central Air
Heating
Central

Building

Building Information

Year Built
1946
Construction
Block, HardiPlank Type
Roof
Shingle
Condition
Updated/Remodeled

Property Taxes

Tax Annual Amount
$6,853
Tax Year
2025

Market Report for 30316

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: First Multiple Listing Service
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