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Listing Detail - Nashville Home and Farms

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Atlanta, GA 30318 2045 Lois Place NW

2045 Lois Place NW Atlanta, GA - Image 12045 Lois Place NW Atlanta, GA - Image 22045 Lois Place NW Atlanta, GA - Image 3
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Presented By: Kathleen Levy with Keller Williams Realty;
  • MLS# 10710126
  • 03/13/2026
  • Request Tour
  • Request Info

Home Details

10% CAP RATE | $70K+ ANNUAL RENT | CONFORMING DUPLEX Secure a premier, battle-tested asset in Atlanta's high-growth Grove Park with this legal duplex at 2045 Lois Pl NW, a turnkey powerhouse currently generating nearly $6,000 in monthly gross income with proven potential to exceed $7,000. Built in 2004, this newer-construction brick and frame property offers a robust 10-bedroom, 6-bathroom configuration-5 bedrooms and 3 full baths per side-specifically designed for maximum cash flow. With a conservative 10% Cap Rate and a 17% Cash-on-Cash return, the numbers represent a sophisticated investment opportunity in a key growth corridor that has grossed over $70,000 in the past year. The property has operated as a high-performing PadSplit since 2019, maintaining a remarkable 325-day average member tenure that provides instant revenue and mitigated vacancy risk for the next owner. Recent strategic shifts in February 2025 have further slashed operating expenses, and there is a potential for an additional 8% monthly income upside for those who choose to self-manage. Each unit features an exceptionally strong rental footprint with renovated kitchens, durable hardwood flooring, and separately metered utilities to minimize owner oversight while offering the structural reliability of modern construction for a high-density rental model. Nestled in the heart of Grove Park, the asset is perfectly positioned for the "Westside Park" effect, located just steps from the new Shirley Clarke Franklin Park and the Westside BeltLine expansion to ensure long-term appreciation. Tenants benefit from excellent transit accessibility, including a 10-minute walk to the nearest MARTA bus stop, which connects directly to Downtown and Midtown. This is a rare opportunity to acquire a high-bedroom-count, cash-flowing asset in one of Atlanta's most explosive corridors with immediate revenue and significant future upside.
Presented By: Kathleen Levy with Keller Williams Realty;

Interior Features for 2045 Lois Place NW

Other Interior Features

Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
BasementNone
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesIn Unit, Common Area, Other
Total Fireplaces

General for 2045 Lois Place NW

Association Fee IncludesNone
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityAtlanta
Community FeaturesPark, Sidewalks, Street Lights, Near Public Transport, Near Shopping
Construction MaterialsBrick, Vinyl Siding
ContingencyOther
CoolingCentral Air
CountyFulton
DirectionsHead west on I-20 W, take exit 53 for GA-139, then turn right onto W Lake Ave NW; turn left onto Donald Lee Hollowell Pkwy NW, continue straight onto Hollywood Rd NW, then turn right onto Johnson Rd NaW; turn left onto Jones Ave NW, then left onto Lois Pl NW. The house will be on your right.
Elementary SchoolBoyd
Garage Y/NNo
Gross Income68140
HOANo
HOA Fee$
HeatingCentral, Forced Air
High SchoolDouglass
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet7492.32
Lot Size UnitsSquare Feet
Middle/Junior High SchoolJ L Invictus
New ConstructionNo
Number Of Units Total2
Property ConditionResale
Property SubtypeMulti Family, Duplex
Property TypeResidential Income
SewerPublic Sewer
Standard StatusActive Under Contract
StatusActive Under Contract
Structure TypeDuplex
Subdivision NameGrove Park
Tax Annual Amount5564
Tax Year2025
UtilitiesElectricity Individual Meters, Water Individual Meters, Sewer Connected
Virtual TourClick here
Year Built2004

Exterior for 2045 Lois Place NW

Foundation DetailsSlab
Lot Size Acres0.172
Lot Size Area7492.32
Lot Size SourcePublic Records
Parking FeaturesParking Pad
Total Parking5
Water SourcePublic

Additional Details

Price History

Schools

Elementary School Boyd Elementary School
High School Douglass High School

Anthony Martin

Agent | Owner
Price $489,900
MLS#10710126
List Date 03/13/2026
Property Type Multi-Family
Request Tour
Request Info
Visit My Website

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