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! 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 homeb

10423822

MLS ID

December 7, 2024

Listed

February 20, 2025

Updated

Interior Features

Total Stories

1


Laundry Description

In Unit


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air


Heating

Yes


Heating Description

Central, Natural Gas


Basement

Yes

Exterior/Building Features

Lot Size

0.33 Acres


Sewer

Public Sewer

School Information

High School

South Atlanta


Elementary School

Dobbs

Other Property Details

Taxes

$3,299


Tax Frequency

Annually


Days on Market

40


Garage

No


Parking

Off Street, Over 1 Space per Unit


View

No


County

Fulton


Water Source

Public


Utilities

Electricity Billing Prorated, Gas Billing Prorated, Other

Listed with Maximum One Grt. Atl. REALTORS

Based on information from Georgia MLS as of 2/20/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2025 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed. 

Data last updated 7:47 PM UTC, 2/20/2025

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