2-Unit
2087-2089 Sitser Lane, Atlanta, GA 30349
For Sale
$339,900
One residence is owner-occupied, while the other is leased through September 2027.
Property Size1,989 SF
Days on Market13
Property Features for 2087-2089 Sitser Lane
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Tenant in Place
Amenities
back deck
0.295 acres
Public Sewer
Parcel Number: 13102C A037, Annual Amount: $2,037.16, Year: 2016
Electric, Central Air
Natural Gas, Central
In Unit
Listing ID: 10881001, Standard Status: Active, MLS Status: New, On market as of 2026-10-29, 9 days on market, Special Conditions: As Is
2 total parking spaces, Attached
Elementary School: Anderson Primary, Middle School: North Clayton, High School: North Clayton
Built in 1989, Levels: One, Construction Materials: Brick
Subdivision: Castile Cove, County/Parish: Clayton
Resale
Walk To Public Transit
Sewer Connected, Water Source: Public
1 fireplace
Slab
Close Of Escrow
Association Fee: $0, Fee Includes: None
Building Details
Building Size
Year Built
Listing Agency:
Pinewood Realty Group
Listed By:
Fontella Pappas · License GA #350090
(404) 382-7445
Source:
Blackstreaminternational
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 10 at 8:11AM
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 Pinewood Realty Group
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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 1989, this duplex contains two residences: a three-bedroom, two-bath unit and a two-bedroom, one-bath unit. The larger residence is owner-occupied; the smaller is tenant-occupied under a lease through September 2027. The property is offered in its current condition, and the roof requires attention.
A replacement HVAC unit was installed in 2023, and a rear deck was added in 2022. The water heater is approximately six years old, and the roof is approximately 11 years old.
A replacement HVAC unit was installed in 2023, and a rear deck was added in 2022. The water heater is approximately six years old, and the roof is approximately 11 years old.
Key Highlights
- Two residences: one with 3 bedrooms and 2 bathrooms, the other with 2 bedrooms and 1 bathroom
- Smaller residence is leased through September 2027; larger residence is owner‑occupied
- HVAC unit installed in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,358
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,160
$547.2K
Cap Rate 7%
$390,829
$390.8K
Cap Rate 9%
$303,978
$304.0K
Market Conditions
NOI Build-Up for 1,989 SF
Gross rent
$43.0K $21.60/SF
− Vacancy
−$3.9K −$1.95/SF
EGI
$39.1K $19.65/SF
− OpEx
−$11.7K −$5.89/SF
NOI
$27.4K $13.75/SF
Area
ZIP 30349
Vacancy
9.03%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,160
Cap Rate 7%
$390,829
Cap Rate 9%
$303,978
Alternative Uses
Best Use
Multifamily LT 5
$390.8K
$342.0K – $456.0K
NOI $27,358 @ 7.0% cap · market cap 8.05%
Second Best
Apartment 5plus
$356.4K
$311.9K – $415.8K
NOI $24,949 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$558.5K
$488.7K – $651.6K
NOI $39,096 @ 7.0% cap · market cap 11.50%
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
169
Businesses Nearby
Explore this area
Business Placement
Demographics for 30349, GA
81,320
Population
34,176
Households
2.4
Avg Household Size
35
Median Age
32%
College-Educated
91%
High-School Grad
45.9 sq mi
ZIP Area
1,772
Density / Sq Mi
$64,732
Median Household Income
$39,195
Median Earnings
$1,323
Median Rent
$236,800
Median Home Value
Market
Properties on Market for Duplexes in Atlanta
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is owner-occupied, while the other is leased through September 2027.
Where is this duplex located?
The property is located at 2087-2089 Sitser Lane Atlanta, GA.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Two residences: one with 3 bedrooms and 2 bathrooms, the other with 2 bedrooms and 1 bathroom; Smaller residence is leased through September 2027; larger residence is owner‑occupied; HVAC unit installed in 2023
