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
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. ©2025 First Multiple Listing Service, Inc.
©2025 FMLS. All rights reserved.
Data last updated 8:26 AM UTC, 3/14/2025