Rentals are in high demand and this triplex is located in a quickly growing part of East Point. Situated a few miles south of the Beltline, Wellstar East Point Health Center, and local schools. Conveniently next to a Chick-fil-a, Jefferson Park, & accessible Marta stops. This is a great opportunity to get into an area that has been on the rise! Several brand new upgrades to the property including a brand new roof and hardy plank siding. New paint on ext. and new gutter/downspouts. Interior upgrades include new shower plumbing and floor joists. Great deal to increase rents on this property as current rents are under the market rate! Upside potential of 7% cap rate - with the potential increase of $600/month. Each unit can go up an additional $200+/month. Current tenants are on a month to month lease and each unit has its own electricity meter. Annual Rent Revenue; $33,600/yr Property tax: $3,600/yr water/sewer currently covered by landlord, $3000/yr R&M/ Lawn : $2,400/yr Net Income: $27,600/yr, increased rents could net $34,080.
Closed
$320,000
2718 Miles Cir, East Pt, GA 30344
5beds
--sqft
Single Family Residence, Residential
Built in 1950
0.33 Acres Lot
$306,400 Zestimate®
$--/sqft
$2,640 Estimated rent
Home value
$306,400
$279,000 - $334,000
$2,640/mo
Zestimate® history
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$1,980/mo
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Zillow last checked:
Listing updated:
Listed by:
Parker Smith,
Keller Williams Rlty, First Atlanta
Bought with:
Nadine Lutz, 314077
Compass
Source: FMLS GA,MLS#: 7209939
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Other
Primary bedroom
- Features: Roommate Floor Plan
- Level: Roommate Floor Plan
Bedroom
- Features: Roommate Floor Plan
Primary bathroom
- Features: None
Dining room
- Features: None
Kitchen
- Features: None
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Refrigerator, Washer
- Laundry: Other
Features
- High Ceilings, High Ceilings 9 ft Lower, High Ceilings 9 ft Main
- Flooring: Hardwood
- Windows: Insulated Windows
- Basement: Exterior Entry,Finished,Finished Bath,Full
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: Level Driveway, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Exterior features: None, No Dock
- Pool features: None
- Spa features: None
- Fencing: Back Yard
- Has view: Yes
- View description: City
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.33 Acres
- Features: Corner Lot
Details
- Additional structures: None
- Parcel number: 14 012500030214
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Other
- Foundation: Block
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: 110 Volts, 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: River Park
HOA
- Has HOA: No
Location
- Region: East Pt
Financial & listing details
- Tax assessed value: $388,300
- Annual tax amount: $3,499
- Date on market: 4/27/2023
- Cumulative days on market: 302 days
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2023 | Sold | $320,000+220% |
Source:  FMLS GA #7209939 Report a problem | ||
| 2/16/2018 | Sold | $100,000+150.6% |
Source:  FMLS GA #5955600 Report a problem | ||
| 10/10/2016 | Sold | $39,900+45.1% |
Source: FMLS GA #5707890 Report a problem | ||
| 8/4/2015 | Sold | $27,500-81.7% |
Source: Public Record Report a problem | ||
| 10/10/2000 | Sold | $150,000+237.8% |
Source: Public Record Report a problem | ||
| 7/21/2000 | Sold | $44,400-51.7% |
Source: Public Record Report a problem | ||
| 3/20/2000 | Sold | $92,000+67.3% |
Source: Public Record Report a problem | ||
| 11/16/1999 | Sold | $55,000+37.5% |
Source: Public Record Report a problem | ||
| 4/23/1999 | Sold | $40,000+52.7% |
Source: Public Record Report a problem | ||
| 9/8/1997 | Sold | $26,200 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $166 -95% | $155,320 +21.3% |
| 2024 | $3,343 +12.5% | $128,000 +12.8% |
| 2023 | $2,972 +26.9% | $113,480 +27.5% |
| 2022 | $2,342 -0.1% | $89,000 +3% |
| 2021 | $2,344 +25% | $86,400 +30% |
| 2020 | $1,875 +108.3% | $66,440 +1.5% |
| 2019 | $900 | $65,440 +249.6% |
| 2018 | $900 | $18,720 +17.3% |
| 2017 | $900 +10.2% | $15,960 +45.1% |
| 2016 | $817 +45.8% | $11,000 +8.7% |
| 2015 | $560 +80.6% | $10,120 |
| 2014 | $310 +7.3% | $10,120 +2% |
| 2013 | $289 | $9,920 -7.1% |
| 2012 | -- | $10,680 -59.4% |
| 2011 | -- | $26,280 -61.8% |
| 2010 | $1,696 -12% | $68,720 |
| 2009 | $1,926 | $68,720 -9.2% |
| 2008 | -- | $75,720 -0.1% |
| 2007 | -- | $75,800 +147.1% |
| 2001 | $1,277 | $30,680 |
Find assessor info on the county website
Neighborhood: 30344
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Nearby schools
GreatSchools rating
- 5/10Parklane Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Paul D. West Middle SchoolGrades: 6-8Distance: 2.5 mi
- 1/10Tri-Cities High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Parklane
- Middle: Paul D. West
- High: Tri-Cities
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$306,400
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$306,400
- Georgia
- Fulton County
- East Point
- 30344
- 2718 Miles Cir
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