2073 Morehouse Dr NW, Atlanta, GA 30314

Unbelievable Opportunity in Atlanta: Investor Special or Dream Renovation!

Discover an unparalleled opportunity at 2073 Morehouse Dr NW, Atlanta, GA 30314! This 2-bedroom, 1-bathroom single-family home offers 798 sqft of living space on a 6,669 sqft lot. Built in 1938, this property presents an extraordinary chance for a savvy investor or a visionary homeowner to acquire a highly undervalued asset and transform it into a lucrative income-generating property or a personalized dream home. With no HOA fees, your potential for profit is maximized!

Priced at an astonishingly low $87,500, with an estimated refinance payment of approximately $609/month (excluding 2024 property taxes of $2,754), this home is positioned far below the typical market values for the area, signaling a significant value-add opportunity. Consider these powerful insights for the 30314 zip code:

• The median sold home price for a 2-bedroom house in 30314 is $170,000 (June 2025), and the overall median listing home price is $323,700. This property is offered at a fraction of these prices, promising substantial equity growth upon renovation.
• The median listing price per square foot in 30314 is $211. At approximately $109 per square foot, this home is exceptionally priced for a full-scale renovation, allowing a buyer to dictate finishes and maximize resale value.
• For investors, the average rent for a 2-bedroom house in 30314 is around $1,869/month (Rentrange, March 2025), with ranges from $1,450 to $2,000+, indicating strong potential for rental income post-rehab.
• Atlanta’s housing market remains strong, and properties at this price point are becoming increasingly rare, making this a highly desirable investment in a “Buyer’s Market” where competitive offers are still common.

Located in a well-established Atlanta neighborhood, this home offers convenient access to local amenities and schools (within Atlanta Public Schools district, including Woodson Park Academy and Douglass High School). Atlanta is a vibrant city known for its booming economy, diverse culture, and endless opportunities. This property is ideal for a strategic flip, a long-term rental, or a first-time homebuyer ready to customize and build wealth. Don’t miss this unique opportunity to capitalize on a deeply discounted property with immense upside potential!