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
Active
$775,000
1628 Cecile Ave SE, Atlanta, GA 30316
--beds
--baths
--sqft
Multi Family, Duplex
Built in 1946
-- sqft lot
$746,600 Zestimate®
$--/sqft
$-- HOA
What's special
Contemporary finishesNew roof
- 83 days
- 221
- 21
Zillow last checked:
Listing updated:
Listed by:
David Holcombe 4705992573,
Knapp Realty
Source: GAMLS,MLS#: 10808961
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: 83 days
- Listing agreement: Exclusive Agency
- Listing terms: 1031 Exchange,Cash,Conventional
Estimated market value
$746,600
$709,000 - $784,000
$2,110/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Listed for sale | $775,000+2.1% |
Source: | ||
| 4/10/2026 | Listing removed | $2,450 |
Source: Zillow Rentals Report a problem | ||
| 3/24/2026 | Price change | $2,450-2% |
Source: Zillow Rentals Report a problem | ||
| 3/17/2026 | Listed for rent | $2,500+6.4% |
Source: Zillow Rentals Report a problem | ||
| 1/1/2026 | Listing removed | $759,000 |
Source: | ||
| 11/4/2025 | Price change | $759,000-5% |
Source: | ||
| 9/25/2025 | Price change | $799,000-1.2% |
Source: | ||
| 9/13/2025 | Listed for sale | $809,000-0.1% |
Source: | ||
| 9/6/2025 | Listing removed | $2,350 |
Source: Zillow Rentals Report a problem | ||
| 8/25/2025 | Listed for rent | $2,350-9.6% |
Source: Zillow Rentals Report a problem | ||
| 8/25/2025 | Listing removed | $810,000 |
Source: | ||
| 8/7/2025 | Listed for sale | $810,000+101.6% |
Source: | ||
| 5/14/2025 | Listing removed | $2,600 |
Source: FMLS GA #7568857 Report a problem | ||
| 4/28/2025 | Listed for rent | $2,600+6.1% |
Source: FMLS GA #7568857 Report a problem | ||
| 10/22/2024 | Listing removed | $2,450 |
Source: FMLS GA #7465521 Report a problem | ||
| 10/2/2024 | Listed for rent | $2,450 |
Source: FMLS GA #7465521 Report a problem | ||
| 7/10/2024 | Sold | $401,800-4.3% |
Source: | ||
| 6/4/2024 | Pending sale | $420,000 |
Source: | ||
| 5/30/2024 | Price change | $420,000-6.7% |
Source: | ||
| 4/18/2024 | Listed for sale | $450,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: East Atlanta
Nearby schools
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.







