Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    428 SE Alexander Cir Marietta, GA 30060

    Sponsored
    For Sale
    Under Contract
    $400,000

    MULTI_FAMILY - Marietta, GA

    Property size:
    1,638 SF
    Lot size:
    0.14 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 28 at 1:06 am

    Property Features for 428 SE Alexander Cir

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Window features
    Double Pane Windows
    APN
    17028901510
    Parking
    3
    Parking features
    Driveway
    Size
    1,638 SF
    Lot size
    0.14 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1942
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl, Tile - Ceramic, Hardwood
    Building materials
    Vinyl Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Lombardo Home Group

    Keller Williams Realty - North Atlanta (770) 663-7291

    Listing agent Lombardo Home Group

    Listing date Feb 27, 2026

    MLS# 7720723 Listing URL

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Marietta Duplex Near Downtown

    This duplex, located steps from Downtown Marietta, offers 1,638 total square feet. It features two units, each with two bedrooms and one bathroom. The property is suitable for investors or owner-occupants seeking rental income. Each unit includes a fireplace and a functional layout with living space. The long-term rental income is approximately $1,600 per unit. Updates include newer siding, windows, and plumbing. A stand-up crawlspace with a concrete floor provides storage space. Situated on a corner lot, the property has three dedicated parking pads and a shared front porch. Unit 426 is tenant-occupied and available for viewing during due diligence. The property offers location, flexibility, and long-term wealth-building potential within walking distance to Marietta Square. The lot size is 0.1409 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Daycare Center Skin Care Clinic Building Supply Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.541266
    Latitude
    33.9451

    Nearby Similar for Sale

    • $300,000
      Pending

      Charming Brick Office Space

      Four-sided brick office space in high-traffic area.
      446 Windy Hill Rd SE, Marietta, GA 30060
      View Details
    • $825,000
      4,200 SF

      Freestanding Building in High-Traffic Area

      Freestanding 4,200 SF building in Marietta, GA for sale.
      2554 Austell Rd SW, Marietta, GA 30008
      View Details
    • $300,000
      Pending

      Charming Brick Office Space

      Four-sided brick office space in high-traffic area on Windy Hill.
      446 Windy Hill Rd SE, Marietta, GA 30060
      View Details
    • $360,000
      999 SF

      Marietta Commercial Property on Powers Ferry

      Well-maintained commercial property with high visibility in a desirable location.
      141 Powers Ferry Rd SE, Marietta, GA 30067
      View Details
    • New
      $587,000
      4,696 SF

      Three-Level Office Building in Marietta

      Versatile office space in prime Sandy Plains Executive Center.
      2440 Sandy Pln Rd Unit, Marietta, GA 30066
      View Details
    • $199,000
      1,134 SF

      East Cobb Office Condo

      Well-designed office condo in the heart of East Cobb, Marietta.
      2820 Lassiter Rd, Marietta, GA 30062
      View Details
    • $587,000
      4,696 SF

      Three-Level Office Building For Sale

      Versatile office building in prime location with flexible layout.
      2440 Sandy Pln Rd Unit, Marietta, GA 30066
      View Details
    • $798,990
      1,960 SF

      Historic Mixed-Use Complex Near Square

      Historic mixed-use property near Marietta Square with office and residential potential.
      30 Trammell St SW, Marietta, GA 30064
      View Details
    • $475,000
      996 SF

      Renovated Commercial Property on Powers Ferry

      996 SF commercial property in Marietta, GA, renovated in 2024.
      232 Powers Ferry Rd SE, Marietta, GA 30067
      View Details
    • $394,900
      Pending

      Renovated Office/Retail Space in Marietta

      Well-maintained, renovated office/retail space with multiple business opportunities.
      405 Pat Mell Rd SW, Marietta, GA 30060
      View Details
    • $2,350,000
      Pending

      High-Visibility Retail Building in Marietta

      Retail building on Shallowford Road, ideal for various commercial uses.
      3980 Shallowford Rd, Marietta, GA 30062
      View Details
    • Contact for pricing
      6,027 SF

      Versatile Office Building in Marietta

      Well-maintained office building suitable for various professional and medical uses.
      131 Village Pkwy NE, Marietta, GA 30067
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex near downtown Marietta with income potential.
    Where is this duplex located?
    The property is located at 428 SE Alexander Cir Marietta, GA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Steps from Downtown Marietta and walking distance to Marietta Square.; - Duplex configuration ideal for investors or owner-occupants seeking rental income.; - Solid income potential with long-term rental income of approximately $1,600 per unit.
    (770) 663-7291
    Request Owner's contact information
    428 SE Alexander Cir Marietta, GA 30060
    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.
    428 SE Alexander Cir
    Marietta, GA 30060
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    428 SE Alexander Cir Marietta, GA 30060
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Lombardo Home Group
    (770) 663-7291
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!