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2153 Greenhill Dr SW 2 Unit Apartment Building $399,900 ($199,950/Unit) 10% Cap Rate Marietta, GA 30008
Executive Summary
Investment Opportunity | Duplex-Style Layout | Estimated Gross Rental Income: $3,500+/Month*
Fully renovated 6-bedroom, 2.5-bath investment property offering multiple income strategies in a prime Marietta location. The flexible duplex-style layout includes two independent living spaces with private entrances, making it well suited for traditional rentals, house hacking, multigenerational occupancy, short-term rental use, or potential PadSplit conversion (buyer to independently verify all requirements).
Property Highlights:
• 6 Bedrooms | 2.5 Bathrooms
• 2 Full Kitchens
• 2 Laundry Areas
• Private Entrances to Both Levels
• Upper & Lower Decks
• No HOA
• Long Concrete Driveway with Ample Off-Street Parking
• Fully Renovated Throughout
• Luxury Vinyl Plank Flooring
• Soft-Close Wood Cabinetry
• Quartz Countertops
• Designer Lighting
• Fresh Interior & Exterior Updates
Estimated Market Rental Income:
• Upper Level: Approximately $1,800/month*
• Lower Level: Approximately $1,700/month*
• Estimated Combined Gross Rental Income: Approximately $3,500/month ($42,000 annually)*
The property may also present an opportunity for increased cash flow through alternative rental strategies, including PadSplit or short-term rentals, subject to buyer due diligence, local regulations, and program approval.
Conveniently located near major employment corridors, shopping, dining, parks, and interstate access, this turnkey asset offers immediate occupancy with multiple investment exit strategies.
*Rental estimates are provided by the seller, are not guaranteed, and should be independently verified by the purchaser through their own due diligence.
Fully renovated 6-bedroom, 2.5-bath investment property offering multiple income strategies in a prime Marietta location. The flexible duplex-style layout includes two independent living spaces with private entrances, making it well suited for traditional rentals, house hacking, multigenerational occupancy, short-term rental use, or potential PadSplit conversion (buyer to independently verify all requirements).
Property Highlights:
• 6 Bedrooms | 2.5 Bathrooms
• 2 Full Kitchens
• 2 Laundry Areas
• Private Entrances to Both Levels
• Upper & Lower Decks
• No HOA
• Long Concrete Driveway with Ample Off-Street Parking
• Fully Renovated Throughout
• Luxury Vinyl Plank Flooring
• Soft-Close Wood Cabinetry
• Quartz Countertops
• Designer Lighting
• Fresh Interior & Exterior Updates
Estimated Market Rental Income:
• Upper Level: Approximately $1,800/month*
• Lower Level: Approximately $1,700/month*
• Estimated Combined Gross Rental Income: Approximately $3,500/month ($42,000 annually)*
The property may also present an opportunity for increased cash flow through alternative rental strategies, including PadSplit or short-term rentals, subject to buyer due diligence, local regulations, and program approval.
Conveniently located near major employment corridors, shopping, dining, parks, and interstate access, this turnkey asset offers immediate occupancy with multiple investment exit strategies.
*Rental estimates are provided by the seller, are not guaranteed, and should be independently verified by the purchaser through their own due diligence.
Property Facts
| Price | $399,900 | Building Class | B |
| Price Per Unit | $199,950 | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 1,937 SF |
| Cap Rate | 10% | Average Occupancy | 0% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | Parking Ratio | 3.1/1,000 SF |
| Apartment Style | Single-Family Home |
| Price | $399,900 |
| Price Per Unit | $199,950 |
| Sale Type | Investment |
| Cap Rate | 10% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 1,937 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 3.1/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 1 | $1,800 | 969 |
| 3+1 | 1 | $1,700 | 968 |
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Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 19-0638-0-003-0 | Improvements Assessment | $71,072 |
| Land Assessment | $30,000 | Total Assessment | $101,072 |
Property Taxes
Parcel Number
19-0638-0-003-0
Land Assessment
$30,000
Improvements Assessment
$71,072
Total Assessment
$101,072
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2153 Greenhill Dr SW