Listing provided courtesy of Berkshire Hathaway HomeServices Georgia Properties- MLS# 7737106MLS Provider

2400 N Beverly Hills DriveChamblee, GA 30341

Multi-Family · 0.88 Acres
$1,800,000 Active

2400 N Beverly Hills Drive Overview

Time on Site:
103 days
Visits:
1

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.

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2400 N Beverly Hills Drive Facts & Features

  • Type Multi-Family
  • Lot 0.88 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Dresden
  • Middle Or Junior School: Sequoyah - DeKalb
  • High School: Cross Keys

Green Features

  • Green Energy Efficient: None
  • Green Energy Generation: None

Income/Expenses

  • Gross Income: 1680000
  • Net Operating Income: 127731
  • Operating Expense: 40268

Building Information

  • Year Built: 1963

Location/Region

  • County Or Parish: Dekalb - GA
  • Subdivision Name: None

Community/Development

  • Community Features: None

Tax Information

  • Tax Annual Amount: 17445
  • Tax Year: 2024

General Information

  • Listing Terms: Other
  • Parcel Number: 18 280 03 004
  • Property Condition: Resale
  • Property Sub Type: Other
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Accessibility Features: None
  • Cooling: Central Air
  • Flooring: Carpet
  • Heating: Heat Pump
  • Levels: One
  • Security Features: None
  • Window Features: None

Exterior

Parking Information

  • Parking Features: Level Driveway, Parking Lot, Paved
  • Parking Total: 9

Lot Information

  • Land Lot: 127
  • Lot Features: Level
  • Lot Size Acres: 0.88
  • Lot Size Dimensions: 088
  • Lot Size Source: Owner
  • Water Source: Public

Waterfront/View

  • Waterfrontage Length: 0
  • View: Other
  • Water Body Name: None
  • Waterfront Features: None

Building Exterior/Construction

  • Dock: None
  • Construction Materials: Brick, Brick 4 Sides
  • Property Attached: No
  • Roof: Tar/Gravel

General Information

  • Fencing: None
  • Number Of Units Total: 8
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Other

Unit Information

Unit 1 Details

  • Actual Rent: 1750
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1750
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1750
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1750
  • Beds Total: 2
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 1750
  • Beds Total: 2
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 1750
  • Beds Total: 2
  • Baths Total: 1

Unit 7 Details

  • Actual Rent: 1750
  • Beds Total: 2
  • Baths Total: 1

Unit 8 Details

  • Actual Rent: 1750
  • Beds Total: 2
  • Baths Total: 1
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2400 N Beverly Hills Drive Neighborhood

Community

30341 (Chamblee) Demographics

33
Median Age
3,162
Population Density (per sq. mile)
60%
College Educated
$67,726
Estimated Median Income
6,159
Estimated Total Home Owners
6,548
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2400 N Beverly Hills Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2400 N Beverly Hills Drive Market Data

Based on the last 30 days in this zip code

$583,174
Average List Price
$296
Average Price per Square Foot
51
Properties Sold
67
Average Days on Market
228
Properties for Sale
Calculations provided by Reliance Network

2400 N Beverly Hills Drive History

Date Event Value Agent
5/25/2026Source: Georgia MLS Status Change
Active
Willie Acree
Listing Agent
5/23/2026Source: FMLS Price Reduction
$1,800,000 -2.7%
Willie Acree
Listing Agent
5/23/2026Source: Georgia MLS Price Reduction
$1,800,000 -2.7%
Willie Acree
Listing Agent
5/23/2026Source: Georgia MLS Status Change
Price Change
Willie Acree
Listing Agent
4/30/2026Source: Georgia MLS Status Change
Active
Willie Acree
Listing Agent
4/28/2026Source: Georgia MLS Price Reduction
$1,850,000 -11.9%
Willie Acree
Listing Agent
4/28/2026Source: Georgia MLS Status Change
Price Change
Willie Acree
Listing Agent
4/28/2026Source: FMLS Price Reduction
$1,850,000 -11.9%
Willie Acree
Listing Agent
4/5/2026Source: Georgia MLS Status Change
Active
Willie Acree
Listing Agent
4/3/2026Source: FMLS Price Reduction
$2,100,000 -2.3%
Willie Acree
Listing Agent
4/3/2026Source: Georgia MLS Price Reduction
$2,100,000 -2.3%
Willie Acree
Listing Agent
4/3/2026Source: Georgia MLS Status Change
Price Change
Willie Acree
Listing Agent
3/31/2026Source: Georgia MLS Status Change
Active
Willie Acree
Listing Agent
3/18/2026Source: FMLS Added to Database
March 18, 2026
Willie Acree
Listing Agent
3/18/2026Source: Georgia MLS Added to Database
March 18, 2026
Willie Acree
Listing Agent