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    186 Lakes Dr Atlanta, GA 30340

    New
    For Sale
    $435,000

    MULTI_FAMILY - Atlanta, GA

    Lot size:
    0.24 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 9 at 4:50 pm

    Property Features for 186 Lakes Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    R6247 040
    Parking
    6
    Parking features
    Off Street
    Lot size
    0.24 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1961
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick

    Duffy Realty of Atlanta (678) 366-7846 [email protected]

    Listing agent Rhonda Duffy (678) 318-3613

    Listing date Dec 9, 2025

    MLS# 10628984 Listing URL

    Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leased Duplex in Doraville

    This fully leased duplex, built in 1961, is located in a convenient Doraville location with an Atlanta address and Gwinnett County taxes. Each side of the 1700 square foot duplex features a 2/1 layout. The property includes two separate driveways, each leading to a private entrance and fenced backyard. The interiors feature LVP and tile flooring throughout, complemented by original tile baths. Situated on a 0.24-acre lot, the property provides outdoor space for tenants, along with storage sheds in the carports for added organization. The location offers easy access to I-285 and I-85, connecting to Atlanta. The property generates $2,695 per month in gross rent with tenants secured through mid-2026. This turnkey investment offers stable returns and potential for future equity growth through updates or rent increases. The absence of HOA fees and rent restrictions adds to the investment appeal. The seller will sell all 4 duplexes (186, 188, 283 & 285 Lake Dr) for 1,668,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.249559
    Latitude
    33.919089

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    FAQs

    What type of property is this?
    Duplex - Fully leased duplex with long-term tenants and strong cash flow.
    Where is this duplex located?
    The property is located at 186 Lakes Dr Atlanta, GA.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: - Fully leased duplex with long-term tenants through mid-2026, providing immediate and stable income.; - Strong cash flow, currently producing $2,695 per month in gross rent.; - Located in a convenient Doraville location with easy access to I-285 and I-85, close to Atlanta.
    (678) 318-3613
    Request Owner's contact information
    186 Lakes Dr Atlanta, GA 30340
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    Atlanta, GA 30340
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    186 Lakes Dr Atlanta, GA 30340
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