$405,000
●
House -
Off Market
2225 Spring Hill Road
Smyrna, GA 30080
4 Beds
2 Baths
1,800 Ft²
$2,290
Est. Monthly
9.39%
Cap Rate
About This Property
NEW YEAR! NEW PRICE! NEW OPPORTUNITY! This duplex has an
untouchable LOCATION! You won't find another property with this
much potential on almost an acre lot, at the corner of Paces Ferry
and Spring Hill! 2.4 miles to Truist Park, close to I-285 and I-75,
Buckhead, Midtown, Downtown and everything else Atlanta has to
offer. This duplex would make a wonderful income producing property
as a standard rental for both units or an Airbnb/short term rental,
NO HOA! You could also take advantage of this over-sized lot and
amazing location by building your dream home! The opportunities are
endless! Unit A offers 2 bedrooms which share a bath, good size
living-room with views to the eat in kitchen and access to the
private backyard. Unit B is newly painted and offers updated LVP
flooring, freshly painted kitchen cabinets, new appliances, 1
bedroom and bathroom, office/rec room and a over sized sun-room
with access to the private backyard. The units also have an
outbuilding with plenty of storage.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$231
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1956
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (GAMLS #10238169)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Jan 6, 2024 | No longer available | - | |
| No longer available | |||
| Jan 5, 2024 | Listed by RE/MAX Tru | $415,000 | |
| Listed by RE/MAX Tru | |||
| | |||
|
NEW YEAR! NEW PRICE! NEW OPPORTUNITY! This duplex has an untouchable LOCATION! You won't find another property with this much potential on almost an acre lot, at the corner of Paces Ferry and Spring Hill! 2.4 miles to Truist Park, close to I-285 and I-75, Buckhead, Midtown, Downtown and everything else Atlanta has to offer. This duplex would make a wonderful income producing property as a standard rental for both units or an Airbnb/short term rental, NO HOA! You could also take advantage of this over-sized lot and amazing location by building your dream home! The opportunities are endless! Unit A offers 2 bedrooms which share a bath, good size living-room with views to the eat in kitchen and access to the private backyard. Unit B is newly painted and offers updated LVP flooring, freshly painted kitchen cabinets, new appliances, 1 bedroom and bathroom, office/rec room and a over sized sun-room with access to the private backyard. The units also have an outbuilding with plenty of storage.
| |||
| Oct 4, 2023 | Price Decreased |
$600,000
↓ $100K
(14.3%) | |
| Price Decreased | |||
| Sep 15, 2023 | Listed by RE/MAX TRU | $700,000 | |
| Listed by RE/MAX TRU | |||
| | |||
|
This duplex has an untouchable LOCATION! You won't find another property with this much potential on almost an acre lot, at the corner of Paces Ferry and Spring Hill! 2.4 miles to Truist Park, close to I-285 and I-75, Buckhead, Midtown, Downtown and everything else Atlanta has to offer. This duplex would make a wonderful income producing property as a standard rental for both units or an Airbnb/short term rental, NO HOA! You could also take advantage of this over-sized lot and amazing location by building your dream home! The opportunities are endless! Unit A offers 2 bedrooms which share a bath, good size living-room with views to the eat in kitchen and access to the private backyard. Unit B is newly painted and offers updated LVP flooring, freshly painted kitchen cabinets, new appliances, 1 bedroom and bathroom, office/rec room and a over sized sun-room with access to the private backyard. The units also have an outbuilding with plenty of storage. The manager has listed the unit size as 1800 square feet.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cobb
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Listed by: Amanda Hornsby, Re/Max Tru, Inc.
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10238169
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10238169
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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