Active

Price cut: $10K (8/19)

$515,000

238 Anderson Ave NW, Atlanta, GA 30314

4beds

2baths

--sqft

$3,748/mo

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Multi Family, Duplex

Built in 1948

-- sqft lot

$498,300 Zestimate^®

$--/sqft

$-- HOA

What's special

Ample parkingRecently renovated

Turn-key duplex | Motivated seller | Projected 6.4%+ cap rate | Cash flow investment | House hack opportunity Fully renovated upstairs/downstairs duplex with 2 bedrooms and 1 full bathroom per unit (4BR/2BA total). A great fit for portfolio growth, a 1031 exchange, or house hacking. Both units vacant at close, giving the new owner flexibility to lease at market rate, accept Section 8 vouchers, or occupy one side while renting the other. Potential to lease through the Section 8 Program with Atlanta Housing Authority (AHA) at $2,000/month per unit - $4,000/month gross ($48,000 annually). Recently renovated with ample parking, offering broad tenant appeal and low-maintenance ownership. Motivated seller, priced to sell - ideal for buy-and-hold investors and house hackers seeking strong ROI and long-term appreciation. Proven rental history, turn-key condition, and immediate leasing opportunity make this one worth a serious look. Owner/Agent.

48 days
135
11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Central, Electric

Cooling

Ceiling Fan(s), Central Air

Features

Basement: None
Has fireplace: No

Property

Parking

Parking features: Side/Rear Entrance

Features

Levels: Two
Stories: 2
Body of water: None

Lot

Size: 4,660 Square Feet

Details

Parcel number: 14 017400080391
Special conditions: Agent Owned,As Is

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Duplex

Materials

Concrete

Condition

Resale
New construction: No
Year built: 1948

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Individual Meters

Community & HOA

Community

Features: Park, Sidewalks, Street Lights, Tennis Court(s), Near Public Transport, Walk To Schools, Near Shopping
Subdivision: DIXIE HILLS

HOA

Has HOA: No
Services included: None

Location

Region: Atlanta

Financial & listing details

Tax assessed value: $338,200
Annual tax amount: $4,714
Date on market: 7/22/2026
Cumulative days on market: 48 days
Listing agreement: Exclusive Right To Sell
Listing terms: 1031 Exchange,Cash,Conventional,FHA,Lease Purchase,Owner Will Carry,Owner 2nd,Private Financing Available,VA Loan

Estimated market value

$498,300

$473,000 - $523,000

$1,998/mo

Price history

Date	Event	Price
8/19/2026	Price change	$515,000-1.9%
Source: GAMLS #10812076 Report a problem
7/23/2026	Listed for sale	$525,000+11.9%
Source: FMLS GA #7808412 Report a problem
2/14/2024	Sold	$469,000+30.3%
Source: Public Record Report a problem
5/11/2022	Pending sale	$360,000
Source: GAMLS #20040236 Report a problem
5/11/2022	Listed for sale	$360,000-6.5%
Source: GAMLS #20040236 Report a problem
4/28/2022	Sold	$385,000+450%
Source: Public Record Report a problem
1/5/2021	Sold	$70,000+3400%
Source: Public Record Report a problem
11/27/2018	Sold	$2,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,534 +17.4%	$135,280 +17.5%
2024	$4,713 +28.3%	$115,120
2023	$3,672 +392.1%	$115,120 +524.3%
2022	$746 +11.3%	$18,440 +13.5%
2021	$671 -40.4%	$16,240 -40.3%
2020	$1,126 +127.4%	$27,200 +54.5%
2019	$495	$17,600 +95.6%
2018	$495	$9,000 +3.7%
2017	$495 +4%	$8,680
2016	$476 -45.9%	$8,680
2015	$880 +6051%	$8,680
2014	$14 +108.8%	$8,680 +108.7%
2013	$7 -40.1%	$4,160 -37.7%
2012	$11 -33.8%	$6,680 -30.7%
2011	$17 +11.1%	$9,640 -63.1%
2010	$16	$26,160
2009	--	$26,160 -9.5%
2008	--	$28,920
2007	--	$28,920 +8.1%
2005	$3 -97.3%	$26,760 +3.6%
2004	$124	$25,840 +3.9%
2003	--	$24,880 +3%
2002	--	$24,160 +9.8%
2001	$92	$22,000