1515 Beech Valley WAY NE, Atlanta, GA 30306
1515 Beech Valley WAY NE, Atlanta, GA 30306,Video Tour
1515 Beech Valley WAY NE, Atlanta, GA 30306
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$769,850
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6 Beds
6 Baths
2,969 SqFt
Active

1515 Beech Valley WAY NE Atlanta, GA 30306

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Alan Richardson

Alan Richardson

+1(678) 782-5050

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,969 sqft

Price per Sqft $259

Subdivision Morningside/Druid Hills

MLS Listing ID 10835208

Style Brick 4 Side,Traditional

Bedrooms 6

Full Baths 4

Half Baths 4

HOA Y/N No

Year Built 1948

Annual Tax Amount $10,814

Tax Year 2025

Lot Size 0.480 Acres

Acres 0.48

Lot Dimensions 20908.8

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

Located in the highly desirable Druid Hills/Morningside corridor, this side-by-side duplex offers a compelling investment opportunity in one of Atlanta's strongest rental markets. Projected combined rents of approximately $5,000-$6,000 per month provide potential gross rental income of $60,000-$72,000 annually. With estimated operating expenses of approximately $19,000 per year, projected Net Operating Income ranges from approximately $41,000-$53,000, depending on achieved rents. One unit is currently vacant, and the second unit is expected to be vacant by mid-September, giving a new owner flexibility to establish market rents, renovate or reposition the property, or potentially occupy one side while leasing the other. Both units feature a spacious townhome-style layout with 3 bedrooms and 2 full baths upstairs. The main levels include separate living and dining rooms, kitchens, half baths, pantries, and additional storage closets. Each residence also has access to a substantial portion of the lower level with laundry facilities and additional storage. The property features separate entrances, a circular driveway with parking for approximately four vehicles, and individually metered gas, electric, and water service-simplifying management and keeping utility expenses separate between units. Ideally positioned near Emory University, Virginia-Highland, Piedmont Park, Midtown, Buckhead, Decatur, and nearby MARTA access, the property also enjoys the natural surroundings of Daniel Johnson Nature Preserve directly behind the property. This combination of location, spacious floor plans, separate utilities, parking, and strong rental potential creates an attractive opportunity for both immediate income and long-term appreciation. The property may also be eligible for annexation into the City of Atlanta, which could provide access to the Atlanta Public Schools system. Any annexation eligibility, process, school assignment, and related benefits should be independently verified by the buyer with the City of Atlanta and applicable governmental authorities.

Location

State GA

County Dekalb

Rooms

Bedroom Description No

Basement Daylight, Exterior Entry, Full, Interior Entry, Partial

Interior

Interior Features High Ceilings, Roommate Plan

Heating Central, Forced Air, Natural Gas

Cooling Central Air, Electric

Flooring Hardwood

Fireplace No

Appliance Dishwasher, Disposal, Dryer, Gas Water Heater, Refrigerator, Washer

Laundry In Basement

Exterior

Parking Features Off Street

Garage Spaces 4.0

Community Features Park, Street Lights, Near Public Transport, Walk To Schools, Near Shopping

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

Waterfront Description No Dock Or Boathouse

View Y/N Yes

View City

Roof Type Composition

Total Parking Spaces 4

Garage No

Private Pool No

Building

Lot Description Corner Lot

Faces GPS Friendly

Sewer Public Sewer

Water Public

Architectural Style Brick 4 Side, Traditional

Level or Stories Two

Structure Type Brick

New Construction No

Schools

Elementary Schools Briar Vista

Middle Schools Druid Hills

High Schools Druid Hills

Others

HOA Fee Include None

Tax ID 18 055 10 004

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Resale

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Alan Richardson

Alan Richardson

Broker License ID: 327307

+1(678) 782-5050

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1515 Beech Valley WAY NE

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