1515 Beech Valley WAY NE, Atlanta, GA 30306
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1515 Beech Valley WAY NE, Atlanta, GA 30306,Video Tour
1515 Beech Valley WAY NE, Atlanta, GA 30306
1515 Beech Valley WAY NE, Atlanta, GA 30306
1515 Beech Valley WAY NE, Atlanta, GA 30306
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Beka Rickman

Beka Rickman

+1(404) 606-3905
$ 769,850
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1515 Beech Valley WAY NE Atlanta, GA 30306

6 Beds

6 Baths

2,969 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,969 sqft

Price per Sqft $259

Subdivision Morningside/Druid Hills

MLS Listing ID 7819751

Style Traditional

Bedrooms 6

Full Baths 4

Half Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1948

Annual Tax Amount $10,814

Tax Year 2025

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Single Family Residence

Source First Multiple Listing Service

Property Description

Located in the highly desirable Druid Hills/Morningside corridor, this side-by-side duplex offers a compelling investment opportunity in one of Atlanta's strongest rental markets. Projected combined rents of approximately $5,000-$6,000 per month provide potential gross rental income of $60,000-$72,000 annually. With estimated operating expenses of approximately $19,000 per year, projected Net Operating Income ranges from approximately $41,000-$53,000, depending on achieved rents. One unit is currently vacant, and the second unit is expected to be vacant by mid-September, giving a new owner flexibility to establish market rents, renovate or reposition the property, or potentially occupy one side while leasing the other. Both units feature a spacious townhome-style layout with 3 bedrooms and 2 full baths upstairs. The main levels include separate living and dining rooms, kitchens, half baths, pantries, and additional storage closets. Each residence also has access to a substantial portion of the lower level with laundry facilities and additional storage. The property features separate entrances, a circular driveway with parking for approximately four vehicles, and individually metered gas, electric, and water service—simplifying management and keeping utility expenses separate between units. Ideally positioned near Emory University, Virginia-Highland, Piedmont Park, Midtown, Buckhead, Decatur, and nearby MARTA access, the property also enjoys the natural surroundings of Daniel Johnson Nature Preserve directly behind the property. This combination of location, spacious floor plans, separate utilities, parking, and strong rental potential creates an attractive opportunity for both immediate income and long-term appreciation. The property may also be eligible for annexation into the City of Atlanta, which could provide access to the Atlanta Public Schools system. Any annexation eligibility, process, school assignment, and related benefits should be independently verified by the buyer with the City of Atlanta and applicable governmental authorities.

Location

State GA

County Dekalb

Area Morningside/Druid Hills

Lake Name None

Rooms

Bedroom Description Roommate Floor Plan,Other

Other Rooms None

Basement Daylight, Exterior Entry, Full, Interior Entry, Partial

Dining Room Separate Dining Room

Kitchen Cabinets Stain, Cabinets White, Laminate Counters

Interior

Interior Features High Ceilings 9 ft Main

Heating Central, Forced Air, Natural Gas

Cooling Central Air, Electric

Flooring Hardwood, Tile

Fireplaces Type None

Equipment None

Window Features None

Appliance Dishwasher, Disposal, Dryer, Electric Range, Gas Water Heater, Refrigerator, Washer

Laundry Gas Dryer Hookup, In Basement

Exterior

Exterior Feature None

Parking Features Driveway, Level Driveway

Fence None

Pool None

Community Features Near Public Transport, Near Schools, Near Shopping, Park, Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View City, Other

Roof Type Composition,Shingle

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch Covered, Front Porch, Patio

Total Parking Spaces 4

Private Pool false

Building

Lot Description Back Yard, Corner Lot

Story Two

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Structure Type Brick 4 Sides

Construction Status Resale

Schools

Elementary Schools Briar Vista

Middle Schools Druid Hills

High Schools Druid Hills

Others

Senior Community no

Restrictions false

Tax ID 18 055 10 004

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.zillow.com/view-imx/d468a1cb-5c1d-4dbe-8669-a15dba78e845?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

First Multiple Listing Service(FMLS)
Listed by REMAX Metro Atlanta Cityside

NEARBY SCHOOLS & PROPERTIES

Beka Rickman

Beka Rickman

Agent License ID: 361599

+1(404) 606-3905

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