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Renovated Brick Duplex

1191 HAMPTON Way NE, Atlanta, GA 30324

For Sale
$700,000

Two separate residences feature updated kitchens, hardwood floors, and lower-level family rooms.

Property Size3,456 SF
Price / SF$202.55
Days on Market497

Property Features for 1191 HAMPTON Way NE

General Information

Standard status Active
Size 3,456 SF
Property subtype Duplex

Site & Location

Neighborhood Morningside/Lenox Park

Units

Unit Mix 1 x 2BR/1.5BA, 1 x 3BR/1.5BA
Multifamily Units 2

Amenities

fenced backyard
Natural Gas
Central Air
Zoned
Hot Water
Central
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Composition

Building Details

Year Built 1963
Buildings 1
Construction all-brick
Listing Agency: Atlanta Communities
Listed By: First MLS
Source: Kw
Added: Jul 2, 2025 Changed: Nov 8 Last Checked: Nov 8 at 8:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlanta Communities

Rey
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Investment Insights

Based on property information with market context.

This 3,456-square-foot brick duplex, built in 1963, contains two vacant residences. One offers 2 bedrooms and 1,533 square feet; the other has 3 bedrooms and 1,923 square feet. Each unit includes a full bath, a half bath, hardwood flooring, and a lower-level family room. Both kitchens have stainless-steel appliances, and the bathrooms and kitchens have been updated. The property also has a fenced backyard and parking areas.

The Atlanta property is located near the CDC, Emory University, and Children’s Healthcare of Atlanta North Druid Hills.

Key Highlights

  • 3,456 SF duplex with two vacant residences
  • One 2‑bedroom unit at 1,533 square feet and one 3‑bedroom unit at 1,923 square feet
  • Each residence has 1 full bathroom, 1 half bathroom, and a lower‑level family room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,151
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,020 $823.0K
Cap Rate 7%
$587,871 $587.9K
Cap Rate 9%
$457,233 $457.2K
Market Conditions
NOI Build-Up for 3,456 SF
Gross rent
$62.2K $18.00/SF
− Vacancy
−$3.4K −$0.99/SF
EGI
$58.8K $17.01/SF
− OpEx
−$17.6K −$5.10/SF
NOI
$41.2K $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 Rate 5%
$823,020
Cap Rate 7%
$587,871
Cap Rate 9%
$457,233

Alternative Uses

Best Use
Multifamily LT 5
$587.9K
$514.4K – $685.9K (±1% cap)
NOI $41,151 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$544.6K
$476.5K – $635.4K (±1% cap)
NOI $38,121 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$966.1K
$845.3K – $1.13M (±1% cap)
NOI $67,626 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

950
Businesses Nearby

Demographics for 30324, GA

30,942
Population
18,232
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
98%
High-School Grad
5.3 sq mi
ZIP Area
5,838
Density / Sq Mi
$93,815
Median Household Income
$70,026
Median Earnings
$1,759
Median Rent
$505,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Duplexes in Atlanta

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences feature updated kitchens, hardwood floors, and lower-level family rooms.
Where is this duplex located?
The property is located at 1191 HAMPTON Way NE Atlanta, GA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 3,456 SF duplex with two vacant residences; One 2‑bedroom unit at 1,533 square feet and one 3‑bedroom unit at 1,923 square feet; Each residence has 1 full bathroom, 1 half bathroom, and a lower‑level family room
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