2148 Meador AVE SE Atlanta, GA 30315
2 Beds
2 Baths
1,054 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,054 sqft
Price per Sqft $308
Subdivision Cloverdale
MLS Listing ID 7576503
Style Traditional
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1959
Annual Tax Amount $4,261
Tax Year 2024
Lot Size 0.331 Acres
Acres 0.3306
Property Sub-Type Single Family Residence
Source First Multiple Listing Service
Property Description
Investor Alert! This fully renovated Single Family Home with Duplex-Style Layout offers a high annual cap rate and is a cash-flow machine generating over $4,000/month in guaranteed income—with even more upside potential!
Unit A: Leased to a long-term Section 8 tenant at $1,500/month, with 100% government-paid rent, ensuring consistent, secure income.
Unit B (In-Law Suite): A top-performing Airbnb rental, pulling in $625 per week with 90–100% occupancy—equating to over $2,500/month in short-term rental revenue!
Value-Add Opportunity:
• Unfinished basement ideal for converting into a separate 2 bed / 1 bath unit, increasing total income potential.
• Situated in a high-demand rental market—strong for both long-term and Airbnb guests.
• Seller can connect buyers to 40-year conventional financing with lower monthly payments, maximizing cash flow and investor returns.
Perfect for both new and experienced investors, this property delivers immediate returns with long-term upside. Don't miss out on this rare, turnkey investment opportunity!
Location
State GA
County Fulton
Lake Name None
Rooms
Bedroom Description Double Master Bedroom,In-Law Floorplan,Split Bedroom Plan
Other Rooms None
Basement Bath/Stubbed, Unfinished
Main Level Bedrooms 2
Dining Room Open Concept
Interior
Interior Features Entrance Foyer, Recessed Lighting, Wet Bar
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Tile, Vinyl, Wood
Fireplaces Type None
Window Features Double Pane Windows,Window Treatments
Appliance Dishwasher, Range Hood, Refrigerator
Laundry Common Area
Exterior
Exterior Feature Other
Parking Features Carport, Level Driveway, On Street
Fence Back Yard, Fenced
Pool None
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View City
Roof Type Composition
Street Surface Asphalt
Accessibility None
Handicap Access None
Porch Covered, Deck, Side Porch
Private Pool false
Building
Lot Description Back Yard, Cleared, Front Yard, Landscaped, Level
Story One
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Structure Type Brick 4 Sides,Brick Front
New Construction No
Construction Status Resale
Schools
Elementary Schools John Wesley Dobbs
Middle Schools Crawford Long
High Schools South Atlanta
Others
Senior Community no
Restrictions false
Tax ID 14 005900010562
Special Listing Condition None
Virtual Tour https://idx.paradym.com/idx/2148-Meador-Avenue-SE-Atlanta-GA-30315/4921071/prt/37
