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Duplex with Detached Homes
For Sale
$775,000

1628 Cecile Avenue SE, Atlanta, GA 30316

Both residences are leased and have separate off-street parking.

Property SizeContact for details
Lot Size0.40 Acres
Days on Market102

Property Features for 1628 Cecile Avenue SE

General Information

Standard status Active
Lot size 0.40 Acres
Property subtype Duplex
Occupancy 100%
Net Operating Income $51,358

Financials

Cap Rate 6.63%
Gross Income $62,760

Site & Location

Neighborhood East Atlanta

Units

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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $6,853

Building Details

Year Built 1946
Buildings 2
Tenancy Multi
Listing Agency: Keller Williams Realty Metro Atlanta
Listed By: Karafotias Realty Group
Source: Karafotiasrealtygroup
Added: Jul 20 Changed: Oct 27 Last Checked: Oct 26 at 2:18PM

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 Keller Williams Realty Metro Atlanta

Rey
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Investment Insights

Based on property information with market context.

This duplex property comprises two detached homes on a 0.4-acre lot, with no shared walls. Unit A is a three-bedroom, two-bath residence renovated in 2024, including a new roof, HVAC, driveway, and major systems. Unit B is a newly constructed accessory dwelling unit completed in 2025, with two bedrooms, two bathrooms, contemporary finishes, and new systems. Each home has private off-street parking, and both are currently leased.

East Atlanta Village, with its restaurants, shopping, and entertainment, is a short drive away. The property combines two separate residences with distinct renovation and construction timelines and in-place leases.

Key Highlights

  • Two detached residences with no shared walls on a 0.4‑acre lot
  • Unit A: 3 bedrooms and 2 bathrooms; renovated in 2024
  • Unit A updates include a new roof, HVAC, driveway, and major systems

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

591
Businesses Nearby

Demographics for 30316, GA

33,625
Population
18,095
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
92%
High-School Grad
13.0 sq mi
ZIP Area
2,587
Density / Sq Mi
$96,491
Median Household Income
$61,116
Median Earnings
$1,570
Median Rent
$401,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 - Both residences are leased and have separate off-street parking.
Where is this duplex located?
The property is located at 1628 Cecile Avenue SE Atlanta, GA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two detached residences with no shared walls on a 0.4‑acre lot; Unit A: 3 bedrooms and 2 bathrooms; renovated in 2024; Unit A updates include a new roof, HVAC, driveway, and major systems
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