1 month on rocket

2065 Morehouse Dr NW, Atlanta, GA, 30314

$335,000

Home List Price

$3,978*

Closing Credit

0 Baths
Multi

Location

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2065 Morehouse Dr NW, Atlanta$335,000

Buyer Closing Credits

$3,978*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingPaved, See Remarks
Year Built1938
HeatingCentral, Separate Meters
CoolingCeiling Fan(s), Central Air
WaterfrontNone
ViewOther
MLS #7467306
Lot Size0.21 Acres
StatusActive

About 2065 Morehouse Dr NW

Single family home set up like a duplex duplex !! Guaranteed CASH COW section 8 rental property. Investors & Landlords DON’t worry about evictions anymore and don’t miss out on STABLE incomes . This property is GUARANTEED government rental income , It has certified desktop appraisal at 350k. Section 8 tenants scheduled to move in on 10/28/24 . Unit A is a 1br/1ba - has an approved rent amount of $1,250.00 plus $100.00 service fee & unit B - Has an approved rent amount of $1,250 plus $100.00 service fee. This is GREAT opportunity for investors who’s willing to put more skin in the game by putting down 25 percent down for a 30 year mortgage. This will give you a 10 percent ANNUALLY cap rate by LEVERAGING a 30 year mortgage. This will lower your interest rates and affordable monthly payments. Property has Two NEW gas meters !! Preferred closing date - buyer will close with activated section 8 contracts on or before 10/28/24 Seller is providing a 2 year home warranty at closing !!!

Property Details

Property Features

Property Information:

  • Year Built: 1938

Listing Office:

  • Office Name: Maximum One Greater Atlanta Realtors
  • Office Phone: (770) 919-8825
  • Listing Agent: George Ansong

Interior Features

Interior Information:

  • Flooring Type: Carpet, Other

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other

Parking Information:

  • Parking: Paved, See Remarks

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central, Separate Meters
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Frederick Douglass High School, Public District Grades 9-12
  • Harper-Archer Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: USE GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $335,000

Tax Information:

  • Annual Amount: $1,172
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

Med. Sold Price

$421.4K

Med. Price/SqFt

$253

Avg. Days On Market

49

# of Sold Homes

1106

2065 Morehouse Dr NW vs Atlanta

30 DAYS ON ROCKET

-19 Days

$335,000

-$86.4K Less

KEY TAKEAWAY

This property is $86.4K less than the Median Sold Price in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7467306

Listing Office:

  • Office Name: Maximum One Greater Atlanta Realtors
  • Office Phone: (770) 919-8825
  • Listing Agent: George Ansong

IDX 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 and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 23, 2021Home Sold
$226,000
May 17, 2019Home Sold
$93,500
Apr 02, 2018Home Sold
$58,000
Apr 15, 2015Home Sold
$45,500
Jan 31, 2008Home Sold
$68,000
Jan 25, 2008Home Sold
$68,000
Jan 25, 2008Home Sold
$68,000
Oct 10, 2007Home Sold
$42,500
Apr 11, 2007Home Sold
$106,762
Apr 03, 2007Home Sold
$106,763

Tax History

YEARPROP. TAXASSESSMENT
2020$1,172$28,320
2019$1,015$24,720
2017$506$11,720

History based on county public records data.

Payment Calculator

$1,739

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,071

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2097037
1
/10
  • Harper-Archer Middle School

  • 3399 Collier Dr NW

  • 2.58 miles

  • Public District Grades 6-8

High School

school-card-donut-2097038
2
/10
  • Frederick Douglass High School

  • 225 Hamilton E Holmes Dr NW

  • 0.84 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,453. The most common annual income of people living in Atlanta, GA is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesGeorgiaFulton CountyAtlanta303142065 Morehouse Dr NW

This home is located at 2065 Morehouse Dr NW in Atlanta, GA and zip code 30314 in the Dixie Hills neighborhood. This home, which was built in 1938, sits on a 0.21 acre lot. It has been listed on Rocket Homes since October 06, 2024 and is currently priced at $335,000.

While more than 184 listings in Atlanta, GA in October 2024 were sold above asking price, there were more than 249 listings sold at asking price, and more than 591 were sold below. The number of homes for sale in Atlanta, GA increased by 15.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 49 days, the median list price was $421,449.

From Rocket Homes Real Estate and based on county public records data.

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