Dekalb County Real Estate Search

Dekalb County Multi-Family Properties for Sale

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Newest Dekalb County Multi-Family Homes for Sale

$769,850
10835103 MLS
Located in the highly desirable Druid Hills/Morningside corridor, this side-by-side duplex offers a compelling investment opportunity in one of Atlanta's strongest rental markets. Projected combined rents of approximately $5,000-$6,000 per month provide potential gross rental income of $60,000-$72,000 annually. With estimated operating expenses of approximately $19,000 per year, projected Net Operating Income ranges from approximately $41,000-$53,000, depending on achieved rents. One unit is currently vacant, and the second unit is expected to be vacant by mid-September, giving a new owner flexibility to establish market rents, renovate or reposition the property, or potentially occupy one side while leasing the other. Both units feature a spacious townhome-style layout with 3 bedrooms and 2 full baths upstairs. The main levels include separate living and dining rooms, kitchens, half baths, pantries, and additional storage closets. Each residence also has access to a substantial portion of the lower level with laundry facilities and additional storage. The property features separate entrances, a circular driveway with parking for approximately four vehicles, and individually metered gas, electric, and water service-simplifying management and keeping utility expenses separate between units. Ideally positioned near Emory University, Virginia-Highland, Piedmont Park, Midtown, Buckhead, Decatur, and nearby MARTA access, the property also enjoys the natural surroundings of Daniel Johnson Nature Preserve directly behind the property. This combination of location, spacious floor plans, separate utilities, parking, and strong rental potential creates an attractive opportunity for both immediate income and long-term appreciation. The property may also be eligible for annexation into the City of Atlanta, which could provide access to the Atlanta Public Schools system. Any annexation eligibility, process, school assignment, and related benefits should be independently verified by the buyer with the City of Atlanta and applicable governmental authorities.

1515 Beech Valley Way NE, Atlanta

Listing courtesy of RE/MAX Metro Atlanta Cityside.

$699,900
10834418 MLS
A unique opportunity to own a character-filled 1930 four-sided brick Tudor with a separate ground-level apartment, offering flexibility for rental income, multigenerational living, or an owner-occupant looking to offset housing costs. The main residence spans the main and upper levels with three bedrooms and three bathrooms, hardwood floors, a fireplace, original arched details, and an all-seasons room wrapped in original arched windows. A large, open kitchen features an island, granite countertops, abundant cabinetry, and plenty of room for everyday living and entertaining. The private top level is dedicated to a spacious primary suite with a generous bedroom, sitting area, and private bath. The fully finished ground level functions as a separate one-bedroom, one-bath apartment with its own private entrance and patio, creating an opportunity for long-term rental income while maintaining privacy between the two living spaces. An expansive deck and separate screened porch overlook the large backyard and deep lot, and the driveway provides ample off-street parking. Zoned for Parkside Elementary, and ideally situated between East Atlanta Village and Ormewood Park, with convenient access to the BeltLine and major interstates, 866 Moreland Avenue offers a rare combination of historic character, substantial living space, and income-producing potential in a highly convenient intown location.

866 Moreland Avenue SE, Atlanta

Listing courtesy of Keller Williams Realty.

$775,000
10808961 MLS
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

1628 Cecile Avenue SE, Atlanta

Listing courtesy of Keller Knapp, Inc.

$110,000
10778469 MLS
Here's a more investor-focused version that emphasizes the existing cash flow and package opportunity: Cash-Flowing Investment Opportunity! Attention investors! This tenant-occupied condo offers immediate income and is an excellent addition to any rental portfolio. Featuring a roommate-friendly floor plan with 2 spacious bedrooms and 1 full bathroom upstairs, this property is designed for strong rental appeal and long-term occupancy. The primary suite includes a walk-in closet and French doors opening to a charming Juliet balcony. Enjoy private fenced patios in both the front and rear of the unit, along with an attached exterior storage building and an assigned carport with an additional storage closet. Additional guest parking is available throughout the community. Recent improvements include newer carpet, Pergo hardwood flooring, tile in wet areas, exterior paint, and a well-maintained HVAC system that was replaced approximately seven years ago. The community is professionally managed and located within the City of Tucker, offering convenient access to Stone Mountain Park, Downtown Tucker, Stone Mountain Village, I-285, and major employment centers throughout Metro Atlanta. This property is already tenant occupied and producing income, making it a true turnkey investment opportunity. Even better, it may be purchased individually or as part of a three-unit investment package that includes 1409 and 1411 Stone Mill Trace. Two of the three units are currently occupied and generating cash flow, creating an attractive opportunity for investors seeking immediate returns and portfolio growth. No rental restrictions. Rent roll and financial information available upon request.

1421 Stone Mill Trace, Stone Mountain

Listing courtesy of Foundation Partners Realty LLC.

$749,000
10764685 MLS
This property can be purchased in combination with the vacant lot next door. There are addresses, and then there are addresses. 120 South Candler is the latter. Set on one of Decatur's most storied corridors, this home sits directly across from Agnes Scott College, brick towers, magnolias, and a century of Southern academic gravity right outside your front door. It is the kind of view that doesn't depreciate. Out the other direction, Downtown Decatur is right down the street: the restaurants, the farmers market, the energy, and yet the home's deep setbacks pull it back from all of it, preserving a sense of quiet that feels almost impossible this close to the center of things. The house itself reads like a time capsule. A single-family home that has spent years as a duplex, it has been maintained with the kind of care that preserves rather than erases, original hardwood floors intact, heavy trim undisturbed, high ceilings still drawing the eye upward the way they were meant to. The front porch anchors the street presence with the ease of something designed before porches became an afterthought. At the rear, a sun room catches the light in a way that feels deliberate, generous, almost indulgent. The bones are exceptional. The opportunity is wide open. Bring it back to the single-family home it was born to be, or reimagine it entirely. This is a property that rewards vision. The history is already here. The rest is yours to write.

120 S Candler Street, Decatur

Listing courtesy of Adams Realtors.

$800,000
10689040 MLS
Turnkey Brick Quad in the Heart of Chamblee/Brookhaven - Live in One, Let the Others Pay the Mortgage Opportunity knocks at 2167 Dresden Drive in one of Atlanta's most desirable and walkable pockets just minutes from vibrant Brookhaven Village. This solid brick Quadruplex delivers the perfect blend of steady cash flow, low-maintenance ownership, and long-term appreciation potential. All units have separate meters and were Fully occupied previously with over $86,000 in Annual gross income. Freshly painted and move-in ready, this four-sided brick property features three spacious 2-bedroom 1-bath units (A, C, and D) plus one comfortable 1-bedroom 1-bath unit (B), offering flexible rental options to maximize income. Unit C shines with brand-new stainless steel appliances, while all units include full appliance packages. Units A and B also come equipped with washers and dryers, adding convenience and increased tenant appeal, and the remaining two units feature in-unit washer and dryer connections, giving tenants the option to install their own for added flexibility. Ideal for an owner-occupant looking to house-hack or an investor seeking strong rental returns, you can live in one unit and generate income from the others or lease all four for consistent monthly cash flow. Location is everything, and this one truly delivers. Just minutes to Brookhaven Park, Blackburn Park trails, MARTA stations, I-85, and GA-400, plus easy access to Buckhead, Midtown, and Perimeter. Enjoy walkable dining, coffee shops, grocery stores, and local favorites along Dresden Drive and Brookhaven Village including restaurants, boutiques, Whole Foods, Costco, and more. Solid construction, income potential, and an unbeatable in-town location make this a rare find you don't want to miss. Whether you're building your portfolio or starting smart with your first multi-family investment, this is the one that works for you. All offers must be entered through propoffers site - An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers site. This fee will be paid at closing from the Broker representing the buyer as selling agent or transaction broker. - Subject to seller addendum - For financed offers EMD to be 1% or $1000 whichever is greater and for cash offers EMD to be 5% or $5000 whichever is greater. - All offers are subject to OFAC clearance, NO Blind offers, Sold AS IS

2167 Dresden Drive NE, Atlanta

Listing courtesy of Keller Williams Realty Buckhead.

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