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8327 Chicago Avenue; Douglasville, GA 30134

$489,900

If you're looking for an exceptional investment opportunity, this is the one! This income-producing property offers three rental units on a single parcel, making it an ideal addition to any investor's portfolio. Situated on one parcel with two separate dwellings, 8327 Chicago Avenue features a front duplex with two spacious 3-bedroom, 2-bath units, each currently leased for $1,500 per month, providing immediate rental income. The second dwelling is a separate 4-bedroom, 2-bath single-family residence located at the rear of the property, offering additional income potential or the option for owner occupancy. Conveniently located within walking distance of Downtown Douglasville, this property is just minutes from Arbor Place Mall major retailers, restaurants, entertainment, and everyday conveniences. Douglasville is one of Metro Atlanta's fastest-growing communities, located approximately 23 miles west of Downtown Atlanta, offering strong rental demand and easy access to I-20. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking a property with multiple income streams, this is a rare opportunity you won't want to miss. Schedule your showing today and discover the value and potential this unique multifamily property has to offer!
Key Facts
  • Style:
  • Year Built: 1952
  • Status: Active
Schools
  • Elementary School: North Douglas
  • Middle School: Stewart
  • High School: Chapel Hill
Bedrooms
  • Beds Total: 4
Bathrooms
  • Baths Full: 2
  • Baths Half: 0
  • Main Full Baths: 2
  • Master Bath Features: Shower Only

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Private & Public Schools Nearby

  • 1 / 5
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    Avg

    North Douglas Elementary School

    1630 DORRIS ROAD; Douglasville, GA 30134
    Public PK-5th  |  643 students
    Metro Atlanta School Rank: 888th
  • 2 / 5
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    Stewart Middle School

    8138 MALONE STREET; Douglasville, GA 30134
    Public 6th-8th  |  575 students
    Metro Atlanta School Rank: 384th
  • 3 / 5
    Average

    Chapel Hill High School

    4899 CHAPEL HILL ROAD; Douglasville, GA 30135
    Public 9th-12th  |  1,417 students
    Metro Atlanta School Rank: 149th

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Listing Provided Courtesy Of: Palmerhouse Properties
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Listing information last updated on August 10, 2026