0.32 Acres Lot
0.32 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Moreland Heights/East Atlanta
MLS Listing ID 7779472
Construction Status Fixer
HOA Y/N No
Year Built 1945
Annual Tax Amount $5,811
Tax Year 2025
Lot Size 0.319 Acres
Acres 0.3191
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
Opportunity is knocking at 1591 Woodland Ave SE! Priced at just $375,000, this duplex offers incredible upside for savvy investors, house hackers, or owner-occupants looking to build wealth through real estate. Featuring two separate units with separate utility meters, the property includes a spacious 4-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, creating multiple income-producing possibilities.
While the property needs TLC and renovation, the potential is undeniable. Live in one unit and rent the other, create a high-performing traditional rental portfolio, cater to roommate-style housing, or explore short-term rental opportunities where permitted. Once renovated, estimated combined rental income could approach $4,500 per month, making this an attractive value-add opportunity.
Located in one of Atlanta's most dynamic and rapidly growing areas, you'll enjoy convenient access to the Atlanta BeltLine, vibrant East Atlanta Village, downtown Atlanta, major employment centers, MARTA transit, and an abundance of local restaurants, breweries, coffee shops, entertainment venues, and nightlife. Outdoor enthusiasts will appreciate nearby parks and green spaces, while commuters will love the easy access to I-20 and I-285.
No HOA. No rental restrictions known. Sold strictly AS-IS. Seller has never occupied the property and provides no disclosures. Buyer and buyer's representative are responsible for independently verifying all information, including but not limited to square footage, zoning, rental restrictions, development potential, school information, condition, and future use suitability.
Bring your vision, contractor, and imagination—this is the kind of opportunity that doesn't come along often!
- This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period.
- All offers must be entered through propoffers.
- 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 Broker or transaction broker.
- Subject to seller addendum
- For financed offers EMD to be 1% or $1000 whichever is greater and for cash/hardmoney offers EMD to be 5% or $5000 whichever is greater. EMD to be held by seller's title or attorney.
- All offers are subject to OFAC clearance.
- Sold AS IS
- No disclosures will be provided by seller
Location
State GA
County Fulton
Area Moreland Heights/East Atlanta
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Window Features None
Exterior
Parking Features Driveway
Fence None
Community Features Near Public Transport, Sidewalks, Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Composition
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
Construction Status Fixer
Schools
Elementary Schools Fred A. Toomer
Middle Schools Martin L. King Jr.
High Schools Maynard Jackson
Others
Senior Community no
Tax ID 14 000800020043
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Real Estate Owned
Nearby Locations