Movoto Real Estate
Sold on 08/25/2026

2400 N Beverly Hills Dr, Chamblee, GA 30341

$1,650,000

Last sold 08/25/2026 after 160 Days

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    bed

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    bath

Multi-family not for sale

About 2400 N Beverly Hills Dr

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 0.88 Acre
Rental estimate
Property description
Introducing a rare multifamily investment opportunity located in the highly desirable Chamblee submarket of Atlanta. Situated at 2400 Beverly Hill Dr, this 7,109 square foot apartment building features 8 fully occupied residential units, providing investors with a stable and reliable income-producing asset. Originally constructed in 1963 and renovated in 2017, the property blends classic mid-century construction with modern upgrades that appeal to today’s renters. The building currently operates at 100% occupancy, generating consistent cash flow while offering investors the opportunity to capitalize on future rent growth in a rapidly developing area of Metro Atlanta. The property is zoned RM-75, creating a unique value-add and redevelopment opportunity. Based on the zoning and site configuration, the property has the potential to support the development of up to 24 apartment units, allowing investors or developers to significantly increase density and maximize the long-term value of the site. Located near major transportation routes such as Interstate 285 and Interstate 85, the property offers convenient access to Atlanta’s key employment centers, retail districts, and lifestyle amenities. The surrounding area continues to benefit from strong residential demand and ongoing redevelopment activity. With its current income stream, full occupancy, and significant redevelopment potential, 2400 Beverly Hill Dr presents a compelling opportunity for investors seeking to expand their multifamily or low-rise/garden apartment portfolio. Whether maintained as a cash-flowing asset or redeveloped into a higher-density project, this property offers both immediate returns and long-term growth potential in one of Metro Atlanta’s most active investment corridors.
Listed by
Listing Agent - Willie Acree
Listing Agent Contact: 404-777-9045
Listing Office - Berkshire Hathaway HomeServices Georgia Properties
Source: FMLS mls logo
MLS#7737106 • last updated 1 month ago
Movoto checked FMLS for data 2 minutes ago
Overview
Cooling/AC Central Air
Heating Heat Pump
Levels/Style One
Status Closed
SubType Residential Income
MLS # 7737106
Lot Size (Acres) 0.88
Property Tax $ 17445
Year Built 1963
Property Condition Resale
Interior
Flooring Carpet
Accessibility Features None
Window Features None
Exterior
Roof Tar/Gravel
# Parking Spaces 9
Lot Desc Level
Amenities / Utilities
Water Source Public
Utilities Other
Sewer/ Septic Public Sewer
Green Features: Energy Efficient None
Green Features: Energy Generation None
Location
Body of Water None
View Other
County Dekalb - GA
Subdivision None
Community Features None
Elementary School Dresden
High School Cross Keys
Middle School Sequoyah - DeKalb
Directions GPS
APN 18-280-03-004
Multifamily Details
Cap Rate 5.9
Annual Gross Income 1680000
Annual Expenses 40268
Net Operating Income 127731
Rental est.: $1,191/month
Gross rent multiplier: 115.5
  • Sep 2026
    mls logo MLS # 7737106
  • Sep 17, 2026 Sold
    $1,650,000
  • Aug 25, 2026 Pending
    —
  • Aug 23, 2026 Listed
    —
  • Jul 24, 2026 Pending
    —
  • Jul 21, 2026 Active
    —
  • Mar 18, 2026 Listed
    $2,150,000
  • Sep 2026
    mls logo MLS # 10712669
  • Sep 2, 2026 Sold
    $1,650,000 (-2.9%)
  • Aug 25, 2026 Pending
    —
  • Aug 23, 2026 Listed
    —
  • Jul 21, 2026 Pending
    —
  • Jul 3, 2026 Price Change
    $1,700,000 (-5.6%)
  • May 24, 2026 Price Change
    $1,800,000 (-2.7%)
  • Apr 28, 2026 Price Change
    $1,850,000 (-11.9%)
  • Apr 3, 2026 Price Change
    $2,100,000 (-2.3%)
  • Mar 18, 2026 Listed
    $2,150,000 (-2.3%)
  • Oct 2025
    mls logo MLS # 10442190
  • Oct 18, 2025 Expired
    —
  • Jun 14, 2025 Price Change
    $2,200,000 (-3.2%)
  • May 27, 2025 Listed
    —
  • May 27, 2025 Withdrawn
    —
  • Jan 30, 2025 Price Change
    $2,273,813 (-5.3%)
  • Jan 17, 2025 Price Change
    $2,400,000 (+9.1%)
  • Jan 17, 2025 Listed
    $2,200,000 (+566.7%)
  • Jul 2013
    Public Records
  • Jul 3, 2013 Sold
    $330,000 (+103.9%)
  • Dec 2012
    Public Records
  • Dec 6, 2012 Sold
    $161,866 (-67.6%)
  • May 2011
    Public Records
  • May 9, 2011 Sold
    $500,000
  • Year Property taxes Tax assessment
  • 2024
    $15,250 +0.2%
    $415,120 +21.35%
  • 2023
    $15,220 -0.7%
    $342,080
  • 2022
    $15,321
    $342,080
  • 2400 N Beverly Hills Dr
    $1.65M
  • Dresden East
    $450K -1% y/y
  • 30341
    $539K -1% y/y
  • Chamblee
    $652K +8% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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