Renovated 2-Unit
For Sale
$499,000
901 Hall Street NW, Atlanta, GA 30318
One apartment is occupied, while the second is vacant and offers flexibility for occupancy or leasing.
Property Size2,286 SF
Lot Size0.17 Acres
Price / SF$218.29
Days on Market50
Property Features for 901 Hall Street NW
General Information
Standard status
Active
Size
2,286 SF
Lot size
0.17 Acres
Property subtype
Duplex
Site & Location
Neighborhood
Center Hill
Utilities to Site
Yes
Units
Unit Mix
2 x 3BD/2BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$7,637
Amenities
central air
gas heat
outdoor deck space
Building Details
Building Size
2,286 SF
Year Built
2002
Year Renovated
2023
Tenancy
Single
Listing Agency:
Atlanta Homes and Design Co.
(678) 997-0071
Listed By:
Donna Bradley · License #335917
Source:
Peachtreetownandcountry
Added: Sep 13
Changed: Nov 1
Last Checked: Oct 31 at 3:04AM
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 Atlanta Homes and Design Co.
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Investment Insights
Based on property information with market context.
This two-story duplex contains two 3-bedroom, 2-bathroom units and approximately 2,286 square feet. Both apartments were renovated in 2023, with updates to flooring, electrical, walls, and appliances; the vacant upper unit also has new cabinetry. Central air, gas heat, public water and sewer, outdoor deck space, and on- and off-street parking serve the property. The building was constructed in 2002 and sits on an approximately 7,500-square-foot level lot.
The lower unit is occupied by a Section 8 tenant, while the upper unit is vacant. The property is located at 901 Hall Street NW in Atlanta, Georgia.
The lower unit is occupied by a Section 8 tenant, while the upper unit is vacant. The property is located at 901 Hall Street NW in Atlanta, Georgia.
Key Highlights
- Two 3‑bedroom, 2‑bathroom units in a two‑story duplex
- Approximately 2,286 square feet on an approximately 7,500‑square‑foot level lot
- Renovations completed in 2023; vacant upper unit also has new cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,308
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,160
$586.2K
Cap Rate 7%
$418,686
$418.7K
Cap Rate 9%
$325,644
$325.6K
Market Conditions
NOI Build-Up for 2,286 SF
Gross rent
$45.3K $19.80/SF
− Vacancy
−$3.4K −$1.49/SF
EGI
$41.9K $18.32/SF
− OpEx
−$12.6K −$5.49/SF
NOI
$29.3K $12.82/SF
Area
ZIP 30318
Vacancy
7.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,160
Cap Rate 7%
$418,686
Cap Rate 9%
$325,644
Alternative Uses
Best Use
Multifamily LT 5
$418.7K
$366.4K – $488.5K
NOI $29,308 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$392.2K
$343.2K – $457.6K
NOI $27,455 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$639.0K
$559.2K – $745.5K
NOI $44,732 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
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Business Placement
Demographics for 30318, GA
60,392
Population
29,993
Households
2
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
20.3 sq mi
ZIP Area
2,975
Density / Sq Mi
$79,222
Median Household Income
$53,455
Median Earnings
$1,702
Median Rent
$395,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One apartment is occupied, while the second is vacant and offers flexibility for occupancy or leasing.
Where is this duplex located?
The property is located at 901 Hall Street NW Atlanta, GA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bathroom units in a two‑story duplex; Approximately 2,286 square feet on an approximately 7,500‑square‑foot level lot; Renovations completed in 2023; vacant upper unit also has new cabinetry
