0.43 Acres Lot
0.43 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Oakland City
MLS Listing ID 7631797
Construction Status Fixer
HOA Y/N No
Year Built 2004
Annual Tax Amount $8,123
Tax Year 2024
Lot Size 0.432 Acres
Acres 0.4316
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
Price: $449,000 | Appraised (Spring 2025): $575,000. Two Units | Each 4 Bed / 2 Bath | Both Vacant
Renovated in Spring 2025, this Oakland City duplex appraised at $575K before a stop work order and vandalism caused about $50K in damage (electrical, drywall, paint, & HVAC). We have repair quotes in hand. Many systems are new and renovated: new roof, new deck.
The play: Market rents for 4 bedroom homes are $2,400–$2,500 per unit, giving you serious cash flow potential once repairs are complete. Priced to move so the seller can focus on their next project. The lot is 372 feet deep with frontage on Tucker Place SW. Potential to build more or subdivide the property to create a new lot.
Disclosures:
Stop work order in place – Buyer must contact the City to learn removal requirements.
Sold as-is – Seller will make no repairs.
Photos - Some photos posted here show the condition of the property before it was vandalized, some after. More pictures/videos of current condition available upon request.
Just 0.4 miles to the BeltLine and Lee + White Food & Beverage District – one of Atlanta's hottest growth corridors. Don't let this value-add opportunity pass you by!
Location
State GA
County Fulton
Area Oakland City
Lake Name None
Interior
Heating Central
Cooling Central Air
Flooring Hardwood
Window Features Double Pane Windows
Exterior
Parking Features Driveway
Fence Back Yard
Community Features None
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View City
Roof Type Shingle
Accessibility None
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Cement Siding
Construction Status Fixer
Schools
Elementary Schools Finch
Middle Schools Sylvan Hills
High Schools G.W. Carver
Others
Senior Community no
Tax ID 14 011900030501
Acceptable Financing Cash, Other
Listing Terms Cash, Other

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516 Sosebee Farm Unit 1211, Grayson, Georgia, 30052, United States