Active

2148 Meador Avenue SE

Atlanta GA, 30315

$299,900


Active

Multi-family

Built in 1959

This beautifully renovated single-family home, appraised at $325,000, offers a rare combination of charm, versatility, and income potential. Uniquely styled as a duplex, this property is a dream come true for first-time homebuyers seeking affordability and comfort or for investors looking for a lucrative, ready-made opportunity. The main unit features a spacious and thoughtfully designed 2-bedroom, 2-bathroom layout, currently occupied by a reliable Section 8 tenant generating a guaranteed monthly rent of $1,500. The consistent rental income ensures financial security from day one, making this a truly stress-free investment. Adjacent to the main unit is a separate in-law suite, complete with a private entrance, a cozy kitchenette, a welcoming living room, a serene bedroom, and a full bathroom. Whether it's used to generate additional rental income, host extended family, or provide a comfortable retreat for guests, the possibilities are endless. Every detail of this home has been carefully considered, blending modern updates with timeless appeal. The property's versatility doesn't end there--an unfinished basement offers a blank canvas for future expansion, whether you envision additional living space, a recreation area, or ample storage. From the moment you step inside, you'll appreciate the quality craftsmanship, attention to detail, and thoughtful upgrades that make this home truly stand out.
For first-time homebuyers, the seller is making the path to homeownership even smoother by contributing $5,000 toward closing costs and including a complimentary one-year home warranty for added peace of mind. Imagine living in one unit while offsetting your mortgage with rental income from the other--a smart, sustainable way to build your future.

For investors, this property presents an unmatched opportunity. With guaranteed income already in place and the potential for additional earnings from the in-law suite, this home combines immediate returns with long-term equity growth. Its unique layout, styled as a duplex yet maintaining the charm of a single-family home, ensures its appeal to a broad range of tenants and buyers alike.

Perfectly situated in a desirable location close to schools, parks, and local amenities, this home is as practical as it is beautiful. Whether you're looking for a place to call your own or a property that pays for itself, this is an opportunity you simply can't afford to miss.

Reach out today to learn more or schedule a showing--you won't want to let this one pass you by!

7495262

MLS ID

December 7, 2024

Listed

March 14, 2025

Updated

Interior Features

Total Stories

1


Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.33 Acres


Lot Features

Other


Roof

Asbestos Shingle, Composition


Sewer

Public Sewer


Security

Carbon Monoxide Detector(s)


Window

Window Treatments

School Information

High School

South Atlanta


Elementary School

John Wesley Dobbs

Other Property Details

Taxes

$4,261


Tax Frequency

Annually


Days on Market

97


Accessibility

None


Garage

No


Parking

None


View

Yes


View Description

Other


County

Fulton - GA


Water Source

Public


Waterfront Features

None


Utilities

Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Green Building Features

Green Features

None

Listed by GEORGE ANSONG with Maximum One Greater Atlanta Realtors 770-919-8825

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Data last updated 8:26 AM UTC, 3/14/2025

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