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1333 Allene SW Avenue

$500,000

1333 Allene SW Avenue, Atlanta, GA 30310

Active
Last Updated: 03/02/2026

8

Cap Rate

40,053

NOI

Details:
Cap Rate:    8%
NOI:    $40,053
Units:    3
Year Built:    1930
Highlights:
  • Lot Features: Corner Lot
  • Gross Income: 48180
  • Bathrooms Total: 0
  • Cooling: Central Air
  • Heating: Central
  • Construction Materials: HardiPlank Type
  • Parking Features: Driveway
  • Accessibility Features: None
  • Security Features: None
Description:

**Turnkey Investment Trifecta | Fully Renovated Duplex + Detached ADU | Atlanta Beltline Corridor**

Rare opportunity to own a **fully renovated income-producing property** in one of Atlanta's fastest-appreciating southwest corridors — walking distance to the Atlanta Beltline, Perkerson Park, and the transformative **Murphy Crossing mixed-use development** currently underway.

This exceptional offering includes a **duplex (two units) plus a detached ADU (accessory dwelling unit)** — three rentable doors on one lot — all taken down to the studs and comprehensively rebuilt within the last three years. No deferred maintenance, no surprises. Just clean, modern interiors ready for tenants from day one.

**Property Highlights:**
- Three total units: duplex (2 units) + detached ADU
- Full stud-out renovation completed within the last 3 years — new electrical, plumbing, HVAC, finishes throughout
- All units feature modern kitchens, updated bathrooms, and quality finishes that command top-of-market rents
- Detached ADU ideal for house hacking, premium rental, or extended family use
- Ample off-street parking and driveways

**Location is Everything:**
Situated in the heart of Atlanta's booming Capitol View/Adair Park corridor, this property puts tenants steps from the **Westside Beltline Trail**, the green space of Perkerson Park, and minutes from the West End, Summerhill, and East Point. With Murphy Crossing — a major mixed-use development bringing retail, restaurants, and housing to the nearby Murphy Ave corridor — **property values and rental demand here are only trending in one direction.**

This pocket of Southwest Atlanta has captured the attention of developers and residents alike. Young professionals, Beltline commuters, and long-term renters are actively competing for units in this neighborhood, keeping vacancy low and rents rising.

**Whether you're a seasoned investor or an owner-occupant looking to offset your mortgage with two income streams, this property delivers cash flow today with serious appreciation upside tomorrow.**


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