Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    188 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 8 at 11:06 pm

    Property Features for 188 Lakes Dr

    General Information

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

    Utilities

    Sewer type
    Public Sewer
    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 8, 2025

    MLS# 10628987 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 Convenient Location

    This fully leased duplex, built in 1961, features updated modern touches and clean curb appeal. Each side of the duplex offers a 2-bedroom, 1-bathroom layout. The property includes two separate driveways, each leading to a private entrance and fenced backyard. The duplex features 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. Located in Doraville, the property benefits from a thriving community atmosphere and convenient access to Atlanta via I-285 and I-85. The property generates $2,745 per month in gross rent with tenants secured through mid-2026. The duplex offers a turnkey investment opportunity in a rapidly appreciating area with an Atlanta address and Gwinnett County taxes. 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 Dental Office Hair Salon Nail Salon Clothing Store Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.249446
    Latitude
    33.918889

    Nearby Similar for Sale

    • New
      $2,620,000
      0.21 Acres

      Luxury Townhomes Near Georgia Tech

      New townhomes near Georgia Tech, perfect for luxury rentals.
      1205 Holly St NW, Atlanta, GA 30318
      View Details
    • $2,620,000
      0.21 Acres

      Luxury Duplex Near Georgia Tech

      New construction duplex with city views near Georgia Tech.
      1205 Holly St NW, Atlanta, GA 30318
      View Details
    • $1,295,000
      Pending

      Morningside Residence with Coachhouse Duplex

      Handsome Morningside residence featuring a rare legal coachhouse duplex.
      1821 Rock Springs Rd NE, Atlanta, GA 30324
      View Details
    • $1,295,000
      0.34 Acres

      Morningside Residence with Coachhouse

      Charming Morningside residence featuring a rare legal duplex coachhouse.
      1821 N Rock Springs Rd NE, Atlanta, GA 30324
      View Details
    • $1,050,000
      Pending

      Virginia Highland Multifamily Investment Property

      Six-unit apartment building near Beltline and Ponce City Market.
      758 Saint Charles Ave NE, Atlanta, GA 30306
      View Details
    • $1,050,000
      Pending

      Virginia Highland Investment Property

      Well-maintained six-unit apartment building near Beltline and Ponce City Market.
      758 Saint Charles Ave NE, Atlanta, GA 30306
      View Details

    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 188 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 providing immediate and stable income through mid-2026; - Strong cash flow, currently producing $2,745 per month in gross rent; - Convenient Doraville location with easy access to I-285 and I-85, close to Atlanta
    (678) 318-3613
    Request Owner's contact information
    188 Lakes Dr Atlanta, GA 30340
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    188 Lakes Dr
    Atlanta, GA 30340
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    188 Lakes Dr Atlanta, GA 30340
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.