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  • $775,000

    1628 Cecile Ave SE, Atlanta, GA 30316

    --beds
    --baths
    --sqft
    : 
    $5,383/mo
    Get pre-qualified
    Multi Family, Duplex
    Built in 1946
    -- sqft lot
    $748,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Contemporary finishesNew roof
    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
    35 days
    |
    272
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    David Holcombe 4705992573,

    Knapp Realty

    Source: GAMLS,MLS#: 10808961MLS Logo

      Facts & features

      Interior

      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Basement: Crawl Space
      • Has fireplace: No
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off Street
      Features
      • Levels: One
      • Stories: 1
      • Body of water: None
      Lot
      • Size: 0.45 Acres
      Details
      • Parcel number: 15 175 02 066
      • Special conditions: Agent Owned,Investor Owned

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Materials
      • Block
      • Foundation: Block, Slab
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1946

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Individual Meters, Sewer Connected, Water Billing Prorated

      Community & HOA

      Community
      • Features: None
      • Subdivision: East Atlanta
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Atlanta

      Financial & listing details

      • Tax assessed value: $144,300
      • Annual tax amount: $6,853
      • Date on market: 7/20/2026
      • Cumulative days on market: 35 days
      • Listing agreement: Exclusive Agency
      • Listing terms: 1031 Exchange,Cash,Conventional

        Estimated market value

        $748,800

        $711,000 - $786,000

        $2,660/mo

        Price history

        DateEventPrice
        7/20/2026Listed for sale$775,000+2.1%
        Source: FMLS GA #7807609 Report a problem
        4/10/2026Listing removed$2,450
        Source: Zillow Rentals Report a problem
        3/24/2026Price change$2,450-2%
        Source: Zillow Rentals Report a problem
        3/17/2026Listed for rent$2,500+6.4%
        Source: Zillow Rentals Report a problem
        1/1/2026Listing removed$759,000
        Source: FMLS GA #7628568 Report a problem
        11/4/2025Price change$759,000-5%
        Source: FMLS GA #7630817 Report a problem
        9/25/2025Price change$799,000-1.2%
        Source: FMLS GA #7628568 Report a problem
        9/13/2025Listed for sale$809,000-0.1%
        Source: FMLS GA #7628568 Report a problem
        9/6/2025Listing removed$2,350
        Source: Zillow Rentals Report a problem
        8/25/2025Listed for rent$2,350-9.6%
        Source: Zillow Rentals Report a problem
        8/25/2025Listing removed$810,000
        Source: FMLS GA #7628568 Report a problem
        8/7/2025Listed for sale$810,000+101.6%
        Source: FMLS GA #7628568 Report a problem
        5/14/2025Listing removed$2,600
        Source: FMLS GA #7568857 Report a problem
        4/28/2025Listed for rent$2,600+6.1%
        Source: FMLS GA #7568857 Report a problem
        10/22/2024Listing removed$2,450
        Source: FMLS GA #7465521 Report a problem
        10/2/2024Listed for rent$2,450
        Source: FMLS GA #7465521 Report a problem
        7/10/2024Sold$401,800-4.3%
        Source: FMLS GA #7371185 Report a problem
        6/4/2024Pending sale$420,000
        Source: FMLS GA #7371185 Report a problem
        5/30/2024Price change$420,000-6.7%
        Source: FMLS GA #7371185 Report a problem
        4/18/2024Listed for sale$450,000
        Source: FMLS GA #7371185 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2015$102 $57,720 +41.9%
        2014$102 +60.2%$40,680 +34.3%
        2013$64 -27%$30,280
        2012$87 -39.3%$30,280 -16.7%
        2011$144 +4%$36,336 -19.3%
        2010$138 -79.6%$45,000
        2009$677 $45,000 -10.9%
        2008$677 -53.5%$50,520
        2007$1,457 +705.7%$50,520
        2006$181 +26.9%$50,520 +16.2%
        2005$142 $43,480
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: East Atlanta

        Getting around

        18 / 100
        Car-Dependent
        33 / 100
        Some Transit
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Burgess Peterson
        • Middle: King
        • High: MH Jackson Jr

        Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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