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Renovated Duplex with Two Units
For Sale
$315,000
Pending

2837 Palm Drive, Atlanta, GA 30344

Residential Income, Atlanta, GA

Property SizeContact for details
Lot Size0.16 Acres
Days on Market63

Property Features for 2837 Palm Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 4
Parking features Parking Lot, Driveway
Window features Insulated Windows
Fencing Privacy
Lot features Level, Private
Elementary school Fulton - Other
Middle school Paul D. West
High school Tri-Cities
Directions GPS FRIENDLY or I75/85 South to Exit 242 I85 South, Take Exit 76, Right on Cleveland Ave SW to East Point, Left on Sylvan Rd , Right on Cedar Ave, and Immediate Right on Palm, Duplex on Left. Unit 2837 is on the Left Side and 2839 is on the right side
Standard status Pending
APN 14 012500060260
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2669

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Central Air
Water source Public

Amenities

open floor plan
hardwood floors
renovated kitchen
stainless steel appliances
granite countertops
new lighting
new windows
new blinds

Building Details

Year built 1960
Floors in Building 1
Number of units 2
Building materials Brick 4 Sides
Roof type Composition, Shingle
Listing Agency: Engel & Volkers Atlanta · Engel & Völkers
Listed By: Andy Griffith · License #350977
Added: Jun 30 Changed: Aug 19 Last Checked: Aug 31 at 9:06AM
MLS# 7797157

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex contains two separate residences, each configured with two bedrooms and one bathroom. Renovation work was completed at the end of 2023, adding hardwood flooring, updated windows, blinds, lighting, and refreshed kitchens with stainless steel appliances, granite countertops, and substantial cabinet storage. Each bathroom includes a tub and shower with custom tile finishes. The property has a brick exterior, composition shingle roof, central heating and cooling, public water, and public sewer.

The 0.1607-acre parcel includes a parking lot, driveway, and privacy fencing. The property is reported at a 9% cap rate with current rents in place. Additional site infrastructure includes cable availability and natural gas service.

Key Highlights

  • Two‑unit duplex with two bedrooms and one bathroom per residence
  • Renovation completed at the end of 2023
  • 9% cap rate with current rents in place

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

882
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer two bedrooms, one bath, and open-plan interiors with updated finishes.
Where is this duplex located?
The property is located at 2837 Palm Drive Atlanta, GA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and one bathroom per residence; Renovation completed at the end of 2023; 9% cap rate with current rents in place
More about this property
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