$3,859 Closing Credit¹
#10485620, Trung Tran, Listing Office: Atlanta Communities
$355,000 List price
311 University Ave SW Atlanta, GA 30310
$4,216
Closing credit¹
0.10 acres
Multi-Family
Property details
About 311 University Ave SW
Calling all INVESTORS! Strategically located in close proximity to Atlanta Beltline, Pittsburg Yards, major highways and public transportation, this up/down duplex on University Avenue offers a practical yet spacious layout with three bedrooms and two bathrooms on the upper unit and a one bedroom and one bathroom on the bottom unit. Both units were renovated a few years ago and have good standing, current tenants in place. The bottom-level unit tenant has signed a renewal for a one-year lease starting March 1st, 2025. The duplex nature of the home also opens the door to incredible investment opportunities where one (or both) of the units could be used to generate income from tenants, and one can be owner-occupied in the near future. The seller rents the upstairs unit for $1850 a month and the bottom unit for $1,050 a month, a total of $2900 a month. Both tenants have renewed their leases with rent increases for one year each, lease expires on March 1st, 2026. Considerate & kind tenants who are extremely stable with on-time rental payment history. This fantastic & hassle-free investment opportunity in the heart of Atlanta offers profitable returns and a high cap rate for a savvy investor's portfolio.
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.095 Acres
Year built1948
MLS #7567754
ViewTrees/Woods, Other
Summary
- MLS Number: 7567754
- MLS Name: First Multiple Listing Service
- Office Name: Keller Williams Realty Atlanta Partners
- Office Phone: (678) 775-2600
- Listing Agent: Shermine Khakiani
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. © 2025 First Multiple Listing Service, Inc.
IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$355,000
311 University Ave SW
$4,216
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 29, 2019 | Home Sold | $105,000 |
| Apr 25, 2019 | Home Sold | $65,000 |
| Jan 05, 2010 | Home Sold | $24,000 |
| Apr 07, 2006 | Home Sold | $76,000 |
| Mar 20, 2006 | Home Sold | $64,000 |
| Apr 12, 2005 | Home Sold | $148,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $116,880 | $4,838 |
| 2022 | $82,640 | $3,421 |
| 2021 | $65,480 | $3,140 |
| 2020 | $31,720 | $1,313 |
| 2019 | $25,960 | $1,066 |
| 2017 | $6,640 | $286 |
History based on county public records data.
Nearby schools
3
Slater Elementary School
Public District KG-5
0.5 mi
•1320 Pryor Rd SW
4
Gideons Elementary School
Public District PK-5
0.7 mi
•897 Welch St SW
4
Barack & Michelle Obama Academy
Public District PK-5
1.0 mi
•970 Martin St SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,874. The most common annual income of people living in Atlanta, GA is less than $<35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
61%
<35k
37%
35k-100k
1%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
57%
Single, No Kids
28%
Single, with Kids
9%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Soccer
Pro Boxing
Figure Skating
Where do the neighbors shop?
Forever 21
Burlington
Family Dollar
Where do the neighbors go to eat?
Dominos Pizza
Popeyes
Church's Chicken
What do the neighbors drive?
Mazda
Dodge
Cadillac
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Jazz
All data provided by Home Junction and Claritas
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This home is located at 311 University Ave SW in Atlanta, GA and zip code 30310 in the Southwestern Atlanta neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $355,000.
While more than 245 listings in Atlanta, GA in March 2025 were sold above asking price, there were more than 207 listings sold at asking price, and more than 558 were sold below. In March 2025 in Atlanta, GA there were 23.8% more homes for sale than in February. The median list price of listings available in March 2025 was $423,362, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.