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$489,900
New Listing

2045 Lois Place NW
Atlanta, GA 30318

For Sale|Duplex|Active
0
Beds
0
Total Baths
2004
Built
Subdivision:
Grove Park
County:
Fulton
Listing Courtesy Of: Kathleen Levy of Keller Williams Realty Metro Atlanta Broker: 404-564-5560 Prefer Ph#:[email protected]
Call Now: 404.793.7788
Is this the listing for you? We can help make it yours.
404.793.7788
2045 Lois Place NW2045 Lois Place NW2045 Lois Place NW2045 Lois Place NW
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Monthly Payment (Est.)

$2,235
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

10% CAP RATE | $70K+ ANNUAL RENT | CONFORMING DUPLEX Secure a premier, battle-tested asset in Atlanta’s high-growth Grove Park with this legal duplex at 2045 Lois Pl NW, a turnkey powerhouse currently generating nearly $6,000 in monthly gross income with proven potential to exceed $7,000. Built in 2004, this newer-construction brick and frame property offers a robust 10-bedroom, 6-bathroom configuration—5 bedrooms and 3 full baths per side—specifically designed for maximum cash flow. With a conservative 10% Cap Rate and a 17% Cash-on-Cash return, the numbers represent a sophisticated investment opportunity in a key growth corridor that has grossed over $70,000 in the past year. The property has operated as a high-performing PadSplit since 2019, maintaining a remarkable 325-day average member tenure that provides instant revenue and mitigated vacancy risk for the next owner. Recent strategic shifts in February 2025 have further slashed operating expenses, and there is a potential for an additional 8% monthly income upside for those who choose to self-manage. Each unit features an exceptionally strong rental footprint with renovated kitchens, durable hardwood flooring, and separately metered utilities to minimize owner oversight while offering the structural reliability of modern construction for a high-density rental model. Nestled in the heart of Grove Park, the asset is perfectly positioned for the "Westside Park" effect, located just steps from the new Shirley Clarke Franklin Park and the Westside BeltLine expansion to ensure long-term appreciation. Tenants benefit from excellent transit accessibility, including a 10-minute walk to the nearest MARTA bus stop, which connects directly to Downtown and Midtown. This is a rare opportunity to acquire a high-bedroom-count, cash-flowing asset in one of Atlanta's most explosive corridors with immediate revenue and significant future upside.

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Listing Snapshot
Price 
$489,900
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.172 Acres
Year Built 
2004
MLS® Number 
7734889
Status 
Active
Property Tax 
$5,564
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing first seen on site
4 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.172
Levels 
Two
Number Of Stories 
2
Parking 
Parking Lot
Parking Spaces 
5
Property Sub Type 
Duplex
Sewer 
Public Sewer
Utilities 
Cable AvailableElectricity AvailablePhone AvailableSewer AvailableWater Available
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
CentralForced Air
Window Features 
Double Pane WindowsInsulated Windows
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Exterior Features
Construction Details 
BrickVinyl Siding
Fencing 
None
Lot Features 
Rectangular LotSlopedOther
Roof 
CompositionShingle
View 
CityNeighborhood
Waterfront Features 
None
Waterview 
CityNeighborhood
Windows/Doors 
Double Pane WindowsInsulated Windows
Community Features
Community Features 
ParkSidewalksStreet Lights
Financing Terms Available 
1031 ExchangeCash
Schools
School District
Unknown
Elementary School
William M.Boyd
Middle School
John Lewis Invictus Academy/Harper-Archer
High School
Frederick Douglass
Listing Courtesy Of: Kathleen Levy of Keller Williams Realty Metro Atlanta Broker: 404-564-5560 Prefer Ph#:[email protected]

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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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