Duplex with Two Independent
For Sale
$475,000
1070 Mayson Turner Road NW, Atlanta, GA 30314
Residential Income, Atlanta, GA
Property Size3,600 SF
Lot Size0.25 Acres
Price / SF$131.94
Days on Market113
Property Features for 1070 Mayson Turner Road NW
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
4
Parking features
Driveway
Window features
Double Pane Windows, Insulated Windows
Fencing
Chain Link
Subdivision
Washington Park
Lot features
Corner Lot, Sloped
View
City
Elementary school
M.R. Hollis Innovation Academy
Middle school
M.R. Hollis Innovation Academy
High school
Booker T. Washington
Directions
Head southwest on I-20 W to exit 55A for Lowery Blvd/West End, merge onto Park St SW, turn right onto Joseph E Lowery Blvd SW for about a mile, then take a slight left onto Mayson Turner Rd NW and the house is on your left.
Standard status
Active
APN
14 011500060015
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9232
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air
Cooling system
Electric, Central Air
Water source
Public
Amenities
two laundry areas
TVs
camera security
Building Details
Year built
2007
Floors in Building
1
Number of units
2
Flooring type
Hardwood
Building materials
Frame, Vinyl Siding, Blown-In Insulation
Roof type
Composition, Shingle
Listing Agency:
Keller Williams Realty Metro Atlanta
(404) 564-5560
Listed By:
Josh Stanton · License #379772
(404) 590-7137
Added: May 11
Changed: Aug 19
Last Checked: Aug 31 at 5:06AM
MLS# 7768560
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.
Investment Insights
Based on property information with market context.
Built in 2007, this duplex-style property is arranged as two independent units, with a 5BR/2BA layout on each floor. The home includes two full kitchens, two laundry areas, separate entrances, and an interior connection between the units. Hardwood flooring, central air, forced-air heating, public water, and public sewer are in place. Recent work includes interior and exterior lighting, landscaping, deck repairs, gutter and downspout repairs, fresh paint, and crawlspace servicing. Two en-suites are already installed, with room identified for three additional en-suites. TVs in most rooms and interior and exterior camera security are included.
The property occupies a 0.25-acre double lot in Atlanta, near the Atlanta University Center and the Westside Beltline. Ashby MARTA is within blocks, and a bus stop on Joseph E. Boone is 0.1 mi away. The property is currently operating at a 10% cap rate. Preferred coliving lenders are required for the transaction.
The property occupies a 0.25-acre double lot in Atlanta, near the Atlanta University Center and the Westside Beltline. Ashby MARTA is within blocks, and a bus stop on Joseph E. Boone is 0.1 mi away. The property is currently operating at a 10% cap rate. Preferred coliving lenders are required for the transaction.
Key Highlights
- Two independent units, each with 5BR/2BA and a full kitchen
- Two en‑suites installed with space identified for three additional en‑suites
- 0.25‑acre double lot in Atlanta
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,865
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$857,300
$857.3K
Cap Rate 7%
$612,357
$612.4K
Cap Rate 9%
$476,278
$476.3K
Market Conditions
NOI Build-Up for 3,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$64.8K $18.00/SF
− Vacancy
−$3.6K −$0.99/SF
EGI
$61.2K $17.01/SF
− OpEx
−$18.4K −$5.10/SF
NOI
$42.9K $11.91/SF
Area
Atlanta, GA
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$857,300
Cap Rate 7%
$612,357
Cap Rate 9%
$476,278
Alternative Uses
Best Use
Multifamily LT 5
$612.4K
$535.8K – $714.4K
NOI $42,865 @ 7.0% cap · market cap 9.02%
Second Best
Apartment 5plus
$567.3K
$496.4K – $661.8K
NOI $39,709 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$1.01M
$880.6K – $1.17M
NOI $70,444 @ 7.0% cap · market cap 14.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,571
Businesses Nearby
Explore this area
Business Placement
Demographics for 30314, GA
20,598
Population
9,900
Households
2.1
Avg Household Size
29
Median Age
30%
College-Educated
84%
High-School Grad
4.6 sq mi
ZIP Area
4,478
Density / Sq Mi
$36,870
Median Household Income
$24,810
Median Earnings
$991
Median Rent
$210,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-level configuration includes separate entries, full kitchens, laundry areas, and interior connectivity between the living spaces.
Where is this duplex located?
The property is located at 1070 Mayson Turner Road NW Atlanta, GA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two independent units, each with 5BR/2BA and a full kitchen; Two en‑suites installed with space identified for three additional en‑suites; 0.25‑acre double lot in Atlanta
