1628 Cecile Ave SE, Atlanta, GA 30316
Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.
- 0
- 0
Overview
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
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 1
- Lot size (acres)
- 0.45
- Year built
- 1946
Utilities
- Heating
- Central
- Cooling
- Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $6,853
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: First Multiple Listing Service (FMLS) MLS®#: 7807609 Last checked: …

Listings on this website come from the FMLS IDX Compilation and may be 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 (https://www.fmls.com/dmca.htm) to review our DMCA policy and learn how to submit a takedown request. © 2024 FMLS.