Renovated 2-Unit
New
For Sale
$340,000
1341 Pine Avenue, Atlanta, GA 30344
One apartment has a long-term tenant, while the other operates as an Airbnb.
Property Size1,960 SF
Days on Market3
Property Features for 1341 Pine Avenue
General Information
Standard status
Active
Size
1,960 SF
Property subtype
Multifamily
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
0.183 acres
Public Sewer
Parcel Number: 14 013200070476, Annual Amount: $2,601, Tax Block: 2, Year: 2026
Central Air
Electric
In Unit
Listing ID: 10874715, Standard Status: Active, MLS Status: New, On market as of 2026-10-17, 1 day on market, Special Conditions: Investor Owned
2 total parking spaces, Parking Pad
Elementary School: Hamilton Holmes, Middle School: Paul D West, High School: Tri Cities
Finished
Built in 1960, Levels: One, Construction Materials: Brick
Subdivision: N/A, County/Parish: Fulton
Resale, Updated/Remodeled
Water Source: Public
Close Of Escrow
Association Fee: $0, Fee Includes: None
Building Details
Building Size
1,960 SF
Year Built
1960
Buildings
1
Listing Agency:
HomeSmart
(404) 876-4901
Listed By:
Caprice Little · License #374386
(864) 920-0303
Source:
Blackstreaminternational
Added: Oct 17
Changed: Oct 19
Last Checked: Oct 19 at 5:50AM
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 HomeSmart
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This renovated duplex contains two apartments, each with two bedrooms and one bathroom. Interior finishes include LVP flooring, granite countertops, stainless steel appliances, and subway tile kitchen backsplashes. Bathrooms feature tub-to-ceiling chevron tile. The upper apartment has a long-term tenant, and the lower apartment operates as an Airbnb.
The property is near Hartsfield-Jackson Airport, the Porsche Experience Center, Tyler Perry Studios, and Camp Creek Marketplace, as well as restaurants, shopping, and major highways.
The property is near Hartsfield-Jackson Airport, the Porsche Experience Center, Tyler Perry Studios, and Camp Creek Marketplace, as well as restaurants, shopping, and major highways.
Key Highlights
- Two‑unit duplex with two bedrooms and one bathroom in each apartment
- Upper apartment has a long‑term tenant; lower apartment operates as an Airbnb
- Renovated interiors include LVP flooring, granite countertops, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,338
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,760
$466.8K
Cap Rate 7%
$333,400
$333.4K
Cap Rate 9%
$259,311
$259.3K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$35.3K $18.00/SF
− Vacancy
−$1.9K −$0.99/SF
EGI
$33.3K $17.01/SF
− OpEx
−$10.0K −$5.10/SF
NOI
$23.3K $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%
$466,760
Cap Rate 7%
$333,400
Cap Rate 9%
$259,311
Alternative Uses
Best Use
Multifamily LT 5
$333.4K
$291.7K – $389.0K
NOI $23,338 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$308.8K
$270.2K – $360.3K
NOI $21,619 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$547.9K
$479.4K – $639.2K
NOI $38,353 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,232
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One apartment has a long-term tenant, while the other operates as an Airbnb.
Where is this duplex located?
The property is located at 1341 Pine Avenue Atlanta, GA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and one bathroom in each apartment; Upper apartment has a long‑term tenant; lower apartment operates as an Airbnb; Renovated interiors include LVP flooring, granite countertops, and stainless steel appliances
