2148 Meador AVE SE Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30315
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Shepherd Estate
MLS Listing ID 7495262
Year Built 1959
Annual Tax Amount $4,261
Tax Year 2024
Lot Size 0.331 Acres
Property Description
This beautifully renovated single-family home, appraised at $325,000, offers a rare combination of charm, versatility, and income potential. Uniquely styled as a duplex, this property is a dream come true for first-time homebuyers seeking affordability and comfort or for investors looking for a lucrative, ready-made opportunity. The main unit features a spacious and thoughtfully designed 2-bedroom, 2-bathroom layout, currently occupied by a reliable Section 8 tenant generating a guaranteed monthly rent of $1,500. The consistent rental income ensures financial security from day one, making this a truly stress-free investment. Adjacent to the main unit is a separate in-law suite, complete with a private entrance, a cozy kitchenette, a welcoming living room, a serene bedroom, and a full bathroom. Whether it's used to generate additional rental income, host extended family, or provide a comfortable retreat for guests, the possibilities are endless. Every detail of this home has been carefully considered, blending modern updates with timeless appeal. The property's versatility doesn't end there—an unfinished basement offers a blank canvas for future expansion, whether you envision additional living space, a recreation area, or ample storage. From the moment you step inside, you'll appreciate the quality craftsmanship, attention to detail, and thoughtful upgrades that make this home truly stand out.
For first-time homebuyers, the seller is making the path to homeownership even smoother by contributing $5,000 toward closing costs and including a complimentary one-year home warranty for added peace of mind. Imagine living in one unit while offsetting your mortgage with rental income from the other—a smart, sustainable way to build your future.
For investors, this property presents an unmatched opportunity. With guaranteed income already in place and the potential for additional earnings from the in-law suite, this home combines immediate returns with long-term equity growth. Its unique layout, styled as a duplex yet maintaining the charm of a single-family home, ensures its appeal to a broad range of tenants and buyers alike.
Perfectly situated in a desirable location close to schools, parks, and local amenities, this home is as practical as it is beautiful. Whether you're looking for a place to call your own or a property that pays for itself, this is an opportunity you simply can't afford to miss.
Reach out today to learn more or schedule a showing—you won't want to let this one pass you by!
Location
State GA
County Fulton
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Flooring Other
Exterior
Parking Features None
Fence Back Yard,Brick
Community Features None
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Underground Utilities,Water Available
Waterfront Description None
View Other
Roof Type Asbestos Shingle,Composition
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Structure Type Block,Brick
New Construction No
Schools
Elementary Schools John Wesley Dobbs
Middle Schools Crawford Long
High Schools South Atlanta
Others
Special Listing Condition None