Osborne Court duplex exterior
Confidential Off-Market Offering

Osborne CourtDuplex Portfolio

A rare, single-location 12-unit multifamily investment — six duplex buildings, side by side, in Riverdale, Georgia.

Riverdale, Georgia 30274

$2.6MAsking Price
12Total Units
6.22%Cap Rate
$161,698Annual NOI

Investment Overview

The Osborne Court Portfolio is a rare opportunity to acquire six duplex buildings (12 total units) in a single, contiguous transaction. All six sit side by side on Osborne Court — one street, single management footprint, instead of scattered-site assets.

  • 12 total units across 6 duplex buildings, all 2 bedroom / 2 bath
  • 5 of 12 units are Section 8, providing reliable subsidized income
  • Tenants are long-tenured — most have been in place 3–4+ years, including three tenants in place since 2018
  • Tenants are responsible for all utilities
  • 7% property management fee noted separately for buyer underwriting (see financials)
  • One roof replacement planned this year (one-time capital expense, shown separately below)
  • 11 of 12 leases run through 2027; only 1 lease expires before then (9/30/2026)
  • Fully leased — no current vacancies; the one unit that recently turned over has a new tenant in place as of July 1st
$216,667Ask Price / Unit
12.98xGross Rent Multiplier
11 of 12Leases Through 2027
5 of 12Section 8 Units
All six duplex buildings sit together on a single street in Riverdale, Clayton County, Georgia. Full address and appraisal detail available to verified buyers below.

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Full Property Address 611 Osborne Court, Riverdale, GA 30274
Recently appraised at $350,000–$370,000 — roughly $175K–$185K per unit across the portfolio.
View Full Investment Packet
IncomeMonthlyAnnual
Gross Rental Income$16,690.00$200,280.00
Owner-Paid ExpensesMonthlyAnnual
Property Taxes$1,576.12$18,913.41
Insurance$720.08$8,641.00
Trash Service$409.00$4,908.00
Lawn Care (bi-weekly)$390.00$4,680.00
Common Area Lighting$120.00$1,440.00
Total Owner-Paid Expenses$3,215.20$38,582.41
Net Operating Income$161,698 / yr
Reflects current in-place operating costs (taxes, insurance, trash, lawn, lighting). One roof replacement is planned this year as a one-time capital expense, not included above. Buyers should independently verify all figures during due diligence.

Buyer Underwriting Assumptions

Not deducted from the in-place NOI above, but worth budgeting for in your own underwriting. The property is fully leased with no current vacancy, so no vacancy factor is applied here:

AssumptionMonthlyAnnual
Property Management (7%)−$1,168.30−$14,019.60
CapEx Reserve ($250/unit)−$3,000.00−$36,000.00
Fully-Loaded NOI$9,306.53$111,678.40
On a fully-loaded basis (including management and a capital reserve), NOI is approximately $111,678/yr — a 4.30% cap rate at the current asking price.

Property Photos

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Tax records, full rent roll, and rental comps — sent directly after you unlock access above.

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