Amazing opportunity for the savvy investor! Located in highly desirable Chamblee area near I85 and within walking distance to Dresden Elementary school, makes this a highly desirable four sided brick rental. Each unit has 2 bedrooms and 1 bathroom with a family room and kitchen. Recent improvements include two new driveways(a $6K improvement), one to each unit, and major renovations to unit 2855 in 2023 that include new electrical, new windows, renovated kitchen with new cabinets, new sink, countertops, refrigerator, new lvp flooring, new stove, new hot water heater, 4 new AC window units, renovated bathroom, refinished hardwoods, and furnace replacement in 2021. A new hot water heater was installed in unit 2853 in 2023.The property just recently appraised for $520K and the appraisal is available upon request. The current rental rates are below market value, current rental rates are typically $1,400-$1,600. Investors can buy now and raise rates as-is or renovate and raise to even higher rates and refinance. Tenants are on a month-to-month rental. Why buy one when you can buy two? There is an additional duplex for sale a few houses down at 2881 Shallowford Rd, and seller would prefer to sell both duplexes at the same time. Tenants currently occupy the property, please do not walk the property or disturb the tenants.
Multi-familyProperty Type
1961Year Built
0.4 acresLot Size
3 spacesParking
Listed by JOHN NOVAY• Ansley Real Estate | Christie's International Real Estate
Bought with Kiara Velasco• Rudhil Companies, LLC
Source:FMLS #7266303
Redfin Estimate
$478,413
$29K since sold in November 2023$0 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 10.1% lower than the average sale price ($532K) of 6 comparable homes.
Amazing opportunity for the savvy investor! Located in highly desirable Chamblee area near I85 and within walking distance to Dresden Elementary school, makes this a highly desirable four sided brick rental. Each unit has 2 bedrooms and 1 bathroom with a family room and kitchen. Recent improvements include two new driveways(a $6K improvement), one to each unit, and major renovations to unit 2855 in 2023 that include new electrical, new windows, renovated kitchen with new cabinets, new sink, countertops, refrigerator, new lvp flooring, new stove, new hot water heater, 4 new AC window units, renovated bathroom, refinished hardwoods, and furnace replacement in 2021. A new hot water heater was installed in unit 2853 in 2023.The property just recently appraised for $520K and the appraisal is available upon request. The current rental rates are below market value, current rental rates are typically $1,400-$1,600. Investors can buy now and raise rates as-is or renovate and raise to even higher rates and refinance. Tenants are on a month-to-month rental. Why buy one when you can buy two? There is an additional duplex for sale a few houses down at 2881 Shallowford Rd, and seller would prefer to sell both duplexes at the same time. Tenants currently occupy the property, please do not walk the property or disturb the tenants.
GAMLS #10169229
Jul 31, 2023
Listing Removed
—
Jul 7, 2023
Relisted
—
Jun 9, 2023
Pending
—
Jun 8, 2023
Listed
$485,000
GAMLS #10159441
Jun 1, 2023
Pending
—
May 11, 2023
Listing Removed
—
May 1, 2023
Listed
$485,000
Public Records
Jul 1, 1984
Sold
$50,000
Year
Property tax
Land + Additions
Assessment*
2025
$8,066 (+0.7%)
$28,600 + $138,240
$166,840
2024
$8,007 (+49.8%)
$28,600 + $138,240
$166,840
2023
$5,347 (+14.2%)
$28,600 + $143,600
$172,200
2022
$4,682 (+2.8%)
$25,380 + $68,620
$94,000
2021
$4,557 (+13.4%)
$25,380 + $68,620
$94,000
2020
$4,019 (−1.8%)
$25,380 + $68,620
$94,000
2019
$4,090 (−2.2%)
$25,760 + $56,000
$81,760
2018
$4,181 (+31.7%)
$21,600 + $61,640
$83,240
2017
$3,174 (+83.2%)
$21,600 + $61,640
$83,240
2016
$1,732 (−3.9%)
$26,000 + $1,200
$27,200
2014
$1,802 (+97.4%)
$26,000 + $1,200
$27,200
2013
$913 (−1.1%)
$26,000 + $1,520
$27,520
2012
$923 (−58.5%)
$25,880 + $4,920
$30,800
2011
$2,222 (−17.6%)
$30,120 + $6,880
$37,000
2010
$2,698 (−10.7%)
$18,720 + $43,480
$62,200
2008
$3,022
Tax history for 2855 Shallowford Rd NE
Year
Property tax
Land + Additions
Assessment*
2025
$8,066 (+0.7%)
$28,600 + $138,240
$166,840
2024
$8,007 (+49.8%)
$28,600 + $138,240
$166,840
2023
$5,347 (+14.2%)
$28,600 + $143,600
$172,200
2022
$4,682 (+2.8%)
$25,380 + $68,620
$94,000
2021
$4,557 (+13.4%)
$25,380 + $68,620
$94,000
2020
$4,019 (−1.8%)
$25,380 + $68,620
$94,000
2019
$4,090 (−2.2%)
$25,760 + $56,000
$81,760
2018
$4,181 (+31.7%)
$21,600 + $61,640
$83,240
2017
$3,174 (+83.2%)
$21,600 + $61,640
$83,240
2016
$1,732 (−3.9%)
$26,000 + $1,200
$27,200
2014
$1,802 (+97.4%)
$26,000 + $1,200
$27,200
2013
$913 (−1.1%)
$26,000 + $1,520
$27,520
2012
$923 (−58.5%)
$25,880 + $4,920
$30,800
2011
$2,222 (−17.6%)
$30,120 + $6,880
$37,000
2010
$2,698 (−10.7%)
$18,720 + $43,480
$62,200
2008
$3,022
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
2003
Sq. Ft.
1,701
Year built
1961
Style
Multi-Family (2-4 Unit)
County
DeKalb County
APN
18 268 10 037
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
NR-3
Neighborhood Infill District
This zoning district is intended to provide standards for a specific infill development plan that would apply to an existing lot or series of contiguous lots within or adjacent to an existing neighborhood that would allow innovative use of the property.
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Housing-Single unit
Housing-Other
Bed & breakfast
Public service
Recreation
Park & open space
Timberland
Property details
Parking
Parking Information
# of Total Parking: 3
Parking Features: Driveway, Paved
Open Parking: Yes
Interior
Virtual Tour
Interior Features
Furnished: Unfurnished
Flooring: Laminate
Unit 1 Information
# of Beds Total: 2
# of Baths Total: 1
Actual Rent: $900
Occupant Information: Tenant Occupies
Features: Hardwood Floors, Range/Oven, Refrigerator, Smoke Alarm, Window Units
Electric Included: No
Garbage Included: Yes
Gas Included: No
Water Included: No
Maintenance Included: Yes
Unit 2 Information
# of Beds Total: 2
# of Baths Total: 1
Occupant Information: Vacant
Features: Hardwood Floors, Range/Oven, Window Units
Electric Included: No
Garbage Included: Yes
Gas Included: No
Water Included: No
Maintenance Included: Yes
Multi-Family Information
# Of Units Total: 2
Exterior
Property Information
Levels: One
Construction Materials: Brick 4 Sides
Roof: Composition, Shingle
Property Condition: Resale
Lot Information
TaxLegalDescription: See attachments
Financial
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Cooling: Window Unit(s)
Heating: Forced Air, Natural Gas
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Location
School Information
Elementary School: Dresden
Middle Or Junior School: Sequoyah - DeKalb
High School: Cross Keys
Location Information
Directions: 85 North to Left on Shallowford, home is on the right.
Dekalb - GA
Community Information
Community Features: Public Transportation, Sidewalks
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,701
Stories: 1.0
Lot Size: 0.37 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1961
Year Renovated: 2003
County: DeKalb County
APN: 18 268 10 037
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Dresden Elementary School
Public PreK-5 • Assigned • 0.2mi
3/10
Sequoyah Middle School
Public 6-8 • Assigned • 1.7mi
4/10
Cross Keys High School
Public 9-12 • Assigned • 3.3mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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...