1014 Oakland DR SW

Atlanta,GA 30310

$ 449000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status New

Purchase Type For Sale

Subdivision Oakland City

MLS Listing ID 10583406

Year Built 2004

Annual Tax Amount $8,123

Tax Year 2024

Lot Size 0.432 Acres

Property Sub-Type Multi Family,Duplex

Property Description

Oakland City Duplex - $126K Under Appraisal! Price: $449,000 Appraised (Spring 2025): $575,000. Two Units Each 4 Bed / 2 Bath Both Vacant Renovated in Spring 2025, this Oakland City duplex appraised at $575K before a stop work order and vandalism caused about $50K in damage (electrical, drywall, paint, & HVAC). We have repair quotes in hand. Many systems are new and renovated: new roof, new deck. The play: Market rents for 4 bedroom homes are $2,400-$2,500 per unit, giving you serious cash flow potential once repairs are complete. Priced to move so the seller can focus on their next project. The lot is 372 feet deep with frontage on Tucker Place SW. Potential to build more or subdivide the property to create a new lot. Disclosures: Stop work order in place - Buyer must contact the City to learn removal requirements. Sold as-is - Seller will make no repairs. Photos - Some photos posted here show the condition of the property before it was vandalized, some after. More pictures/videos of current condition available upon request. Just 0.4 miles to the BeltLine and Lee + White Food & Beverage District - one of Atlanta's hottest growth corridors. Don't let this value-add opportunity pass you by!

Location

State GA

County Fulton

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Off Street,Over 1 Space per Unit

Garage Spaces 4.0

Community Features None

Utilities Available Electricity Individual Meters

View Y/N No

Building

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction No

Schools

Elementary Schools Finch

Middle Schools Sylvan Hills

High Schools Carver

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Fixer

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