Outstanding multifamily investment opportunity in Clarkston. Ten 2-bedroom, 1.5-bath townhome-style units in all-brick buildings, offered together at just $119,000 per unit. All ten units are updated, and eight are completely renovated with new LVP flooring, new kitchens and baths, newer appliances and fresh paint. The roof was just replaced with architectural shingles and a ridge vent system, and five units have brand new HVAC. Every unit includes washer/dryer hookups, and the property is all-electric with no gas service, which keeps utilities low for tenants and is a big reason they stay for years, which they do. Current gross scheduled income is $10,489.70 per month, $125,876.40 annually. Convenient location just minutes from I-285, with easy access to Downtown Decatur, Emory, the CDC, and major employment, shopping and transportation corridors throughout east metro Atlanta. A well-maintained, substantially improved multifamily asset offering scale, consistency and long-term income potential at an attractive per-unit basis.
Multi-familyProperty Type
1972Year Built
4,996 sq ftLot Size
9 spacesParking
Listed by Phillips and Company Homes• Atlas Real Estate, Inc
Listed by Samantha Phillips• Atlas Real Estate, Inc
Outstanding multifamily investment opportunity in Clarkston. Ten 2-bedroom, 1.5-bath townhome-style units in all-brick buildings, offered together at just $119,000 per unit. All ten units are updated, and eight are completely renovated with new LVP flooring, new kitchens and baths, newer appliances and fresh paint. The roof was just replaced with architectural shingles and a ridge vent system, and five units have brand new HVAC. Every unit includes washer/dryer hookups, and the property is all-electric with no gas service, which keeps utilities low for tenants and is a big reason they stay for years, which they do. Current gross scheduled income is $10,504.70 per month, $126,056.40 annually. Convenient location just minutes from I-285, with easy access to Downtown Decatur, Emory, the CDC, and major employment, shopping and transportation corridors throughout east metro Atlanta. A well-maintained, substantially improved multifamily asset offering scale, consistency and long-term income potential at an attractive per-unit basis.
GAMLS #8483887
Sep 27, 2019
Sold
$222,000
Aug 5, 2019
Pending
—
Dec 6, 2018
Relisted
—
Dec 1, 2018
Pending
—
Nov 10, 2018
Listed
$220,000
FMLS #6099359
Sep 27, 2019
Sold
$222,000
Aug 5, 2019
Pending
—
Dec 6, 2018
Relisted
—
Dec 1, 2018
Pending
—
Nov 9, 2018
Listed
$220,000
This quadruplex is located in Clarkston near Georgia State University, Piedmont Teck, shoppinp center and restaurants. This is a great opportunity for investors
GAMLS #8246727
Oct 6, 2017
Sold
$197,500
Sep 1, 2017
Pending
—
Aug 22, 2017
Listed
$197,500
FMLS #5897401
Oct 6, 2017
Sold
$197,500
Aug 21, 2017
Contingent
—
Aug 21, 2017
Listed
$197,500
GAMLS #7281503
Oct 5, 2014
Listing Removed
—
Jun 4, 2014
Listed
$163,999
Public Records
Aug 1, 2003
Sold
$185,000
Public Records
Feb 15, 1993
Sold
$113,100
Public Records
Mar 1, 1991
Sold
$55,000
Year
Property tax
Land + Additions
Assessment*
2025
$3,678 (+0.4%)
$5,440 + $180,760
$186,200
2024
$3,662 (+0.4%)
$5,440 + $180,760
$186,200
2023
$3,646 (+2.5%)
$5,440 + $73,440
$78,880
2022
$3,558
$5,440 + $73,440
$78,880
2021
$3,558
$5,440 + $73,440
$78,880
2020
$3,558
$5,440 + $73,440
$78,880
2019
$3,558 (−0.2%)
$5,440 + $73,440
$78,880
2018
$3,566 (+93.6%)
$5,440 + $73,440
$78,880
2017
$1,842
$5,440 + $73,440
$78,880
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
2,017 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,092
Year built
1972
Style
Multi-Family (5+ Unit)
County
DeKalb County
APN
18 066 14 011
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jan 14, 2026.
MR-2
Medium Density Residential-2 District
The purpose and intent of the board of commissioners in establishing the MR-2 (Medium Density Residential-2) District is as follows: To encourage primarily residential, planned developments that allow accessory retail, office, institutional, and civic uses; To provide for residential neighborhoods with a mix of single-family and multi-family housing types that maintain harmony of scale, intensity, and design with surrounding development; To provide for connectivity of streets and communities and reduce the dependence on automobile uses by increasing the ease of movement and opportunities for alternative modes of travel; To implement the future development map of the county's most current comprehensive plan; To provide districts that allow appropriate development transitions within the edges and transitional areas of the Town Center and Regional Center character areas.
Permitted uses
Include but are not limited to:
Garden center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Mixed use
Library
Museum / gallery
Communications tower
Local insights from Redfin agents
DeKalb County offers diverse lifestyles, from established communities like Decatur and Avondale Estates to suburban neighborhoods throughout North and East DeKalb. Known for its culture, dining, green spaces, and MARTA access, DeKalb attracts buyers...