7,501 Sqft Lot
7,501 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Virgina Highlandsvirginia-Highland Eleme
MLS Listing ID 7791886
Construction Status Resale
HOA Y/N No
Year Built 1920
Annual Tax Amount $14,063
Tax Year 2025
Lot Size 7,501 Sqft
Acres 0.1722
Property Sub-Type Quadruplex
Source First Multiple Listing Service
Property Description
Rare opportunity to acquire an income-producing 5-plex with exceptional structural bones in one of Atlanta's most coveted historic neighborhoods. Situated on a beautiful corner lot featuring tree-lined streets, sidewalks, and streetlights, this property offers the ultimate Intown location. Residents are just around the corner from the iconic Ponce City Market and the vibrant Atlanta BeltLine Eastside Trail, putting world-class dining, shopping, and recreation right at their doorstep.
EXCELLENT STRUCTURAL BONES & LOW-MAINTENANCE EXTERIOR
Investors will appreciate the low-maintenance, high-durability exterior features designed to protect your bottom line. The building boasts —significantly reducing ongoing maintenance costs and capital expenditure worries.
VERSATILE UNIT LAYOUTS WITH HISTORIC CHARM & VALUE-ADD POTENTIAL
The interior presents 5 units with varying sizes and degrees of TLC needed per unit, This allows a new owner to renovate each unit one at time while rapidly capture market-rate rents as they go along with the renovations. Approximately 4,000+ total sqft according to Cuba Casa floor plans.
Unit 1 & Unit 4: These spacious units are packed with historic character, featuring original hardwood floors, classic original bathroom tile, and charming fireplaces. Unit 1 retains timeless original plaster details in the living room.
Units 2 & 3: Conveniently located in the basement level, offering a cozy footprint.
Unit 5 (The Loft): Positioned above Unit 4, this unique space features a smart 1-bedroom open-concept living and kitchen combo layout.
Flexible Rental Strategy: For maximum rental yield flexibility, Unit 4 and Unit 5 can be easily leased together as a single expansive residence or kept completely separate to maximize independent income streams.
PROPERTY AMENITIES, PARKING, & TOP-TIER SCHOOLS
A dedicated shared laundry room is located in the basement, providing a highly desired amenity for all residents and an opportunity for additional coin or digital laundry revenue. The property features convenient alleyway access leading to four dedicated parking slots in the rear, plus ample neighborhood street parking.
Adding to the exceptional long-term equity and resale value, this property is situated in the highly desirable Atlanta Public Schools Midtown Cluster, zoned for Virginia-Highland Elementary, David T. Howard Middle School, and the award-winning Midtown High School.
Whether you are executing a classic value-add renovation, looking for a premium 1031 exchange asset, or building a long-term buy-and-hold real estate portfolio, this 5-unit multifamily property delivers unmatched location-driven value. Capitalize on strong, steady rental demand driven by immediate proximity to Midtown Atlanta, Piedmont Park, the Old Fourth Ward, and major employment hubs. Properties of this scale and caliber in this exact pocket of Virginia-Highland rarely hit the market. Schedule a property tour today to explore the footprint, layout, and incredible income potential of this premier Intown real estate asset. Sold as-is.
Location
State GA
County Fulton
Area Virgina Highlandsvirginia-Highland Eleme
Lake Name None
Interior
Heating Central, Hot Water, Natural Gas
Cooling Ceiling Fan(s), Electric
Flooring Carpet, Ceramic Tile, Hardwood, Laminate
Window Features Insulated Windows,Window Treatments
Exterior
Parking Features Driveway, Level Driveway, See Remarks
Fence Back Yard, Chain Link, Wood
Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Corner Lot, Rectangular Lot
Story Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick,Fiber Cement,Wood Siding
Construction Status Resale
Schools
Elementary Schools Virginia-Highland
Middle Schools David T Howard
High Schools Midtown
Others
Senior Community no
Tax ID 14 001700090342
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Special Listing Condition Probate Listing
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