Duplex with Daylit
For Sale
$309,900
1313 Clermont Avenue, East Point, GA 30344
Separate two-bedroom and one-bedroom units sit above an unfinished basement with natural light on three sides.
Property Size1,955 SF
Days on Market8
Property Features for 1313 Clermont Avenue
General Information
Standard status
Active
Size
1,955 SF
Property subtype
Multifamily
Site & Location
Neighborhood
Colonial Hills
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Amenities
0.18 acres
Public Sewer
Parcel Number: 14 013400050476, Annual Amount: $2,753, Year: 2025
Ceiling Fan(s), Central Air
Central, Forced Air
Listing ID: 10880241, Standard Status: Active, MLS Status: New, On market as of 2026-10-27, 4 days on market
Off Street
Elementary School: Hamilton Holmes, Middle School: Paul D West, High School: Tri Cities
Unfinished
Built in 1955, Levels: One, Construction Materials: Brick
Subdivision: Colonial Hills, County/Parish: Fulton
Resale
Park, Sidewalks, Street Lights
Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters, Water Source: Public
Close Of Escrow
Fee Includes: None
Building Details
Building Size
1,955 SF
Year Built
1955
Year Renovated
2018
Listing Agency:
Intown Focus Realty LLC
(404) 585-5975
Listed By:
Karen Corbin · License #313162
(404) 281-2692
Source:
Blackstreaminternational
Added: Oct 27
Changed: Nov 1
Last Checked: Nov 3 at 7:09AM
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 Intown Focus Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1955, this duplex contains two separate residences: one with 2 bedrooms and 1 bathroom, and another with 1 bedroom and 1 bathroom. The unfinished basement spans the building’s width and receives daylight from three sides. Updates completed in 2018 included refinished hardwood floors, bathroom improvements, fixtures, paint, appliances, HVAC systems, and water heaters; original wood cabinetry was retained. The roof was replaced in 2021.
The property is in the Colonial Hills neighborhood of East Point, with access to major Atlanta highways, public train and bus service, and the airport. Delta Corp., Porsche, and Tyler Perry Studios are also cited among nearby destinations.
The property is in the Colonial Hills neighborhood of East Point, with access to major Atlanta highways, public train and bus service, and the airport. Delta Corp., Porsche, and Tyler Perry Studios are also cited among nearby destinations.
Key Highlights
- Two separate units: one with 2 bedrooms and 1 bathroom; the other with 1 bedroom and 1 bathroom
- Unfinished basement extends across the building and has daylight on three sides
- 2018 updates included HVAC systems, water heaters, appliances, bathrooms, fixtures, paint, and refinished hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,406
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,120
$568.1K
Cap Rate 7%
$405,800
$405.8K
Cap Rate 9%
$315,622
$315.6K
Market Conditions
NOI Build-Up for 1,955 SF
Gross rent
$43.4K $22.20/SF
− Vacancy
−$2.8K −$1.44/SF
EGI
$40.6K $20.76/SF
− OpEx
−$12.2K −$6.23/SF
NOI
$28.4K $14.53/SF
Area
Fulton County, GA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,120
Cap Rate 7%
$405,800
Cap Rate 9%
$315,622
Alternative Uses
Best Use
Multifamily LT 5
$405.8K
$355.1K – $473.4K
NOI $28,406 @ 7.0% cap · market cap 9.17%
Second Best
Apartment 5plus
$375.2K
$328.3K – $437.7K
NOI $26,264 @ 7.0% cap · market cap 8.47%
Theoretical Best
Office A
$546.5K
$478.2K – $637.6K
NOI $38,255 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 30344, GA
35,365
Population
17,586
Households
2
Avg Household Size
36
Median Age
36%
College-Educated
89%
High-School Grad
12.1 sq mi
ZIP Area
2,923
Density / Sq Mi
$59,647
Median Household Income
$42,108
Median Earnings
$1,315
Median Rent
$240,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate two-bedroom and one-bedroom units sit above an unfinished basement with natural light on three sides.
Where is this duplex located?
The property is located at 1313 Clermont Avenue East Point, GA.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Two separate units: one with 2 bedrooms and 1 bathroom; the other with 1 bedroom and 1 bathroom; Unfinished basement extends across the building and has daylight on three sides; 2018 updates included HVAC systems, water heaters, appliances, bathrooms, fixtures, paint, and refinished hardwood floors
