1164 Alta AVE NE, Atlanta, GA 30307
1164 Alta AVE NE, Atlanta, GA 30307
1164 Alta AVE NE, Atlanta, GA 30307
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Terin Delisser

Terin Delisser

+1(678) 427-2662
$3,225,000
Est. payment /mo
0.52 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Inman Park

MLS Listing ID 7800782

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1964

Annual Tax Amount $60,359

Tax Year 2025

Lot Size 0.520 Acres

Acres 0.52

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

The Flats, a stabilized 16-unit multifamily investment opportunity offered at an attractive 6.5% cap rate. This well-maintained asset features a highly desirable unit mix of fourteen spacious two-bedroom one-bathroom units and two one-bedroom/one-bathroom units, all of which have been recently updated. With 100% occupancy and strong in-place income, the property offers true turnkey ownership with minimal near-term capital requirements. All units have central HVAC with off street parking and access to an onsite laundry facility.

Strategically located in the heart of Inman Park, one of Atlanta's most sought after and walkable neighborhoods, the property offers convenient access to both Inman Park Village and Little Five Points. Tenants enjoy immediate proximity to an eclectic mix of award-winning restaurants, vibrant nightlife, boutique retail, and cultural attractions. The neighborhood's tree-lined streets, historic charm, and connectivity to the Atlanta BeltLine further enhance its appeal, driving consistent rental demand and long-term value appreciation.

The Flats represents a rare opportunity to acquire a stabilized, income-producing asset in a premier intown Atlanta location with strong fundamentals, limited supply, and continued growth potential.

Location

State GA

County Fulton

Area Inman Park

Lake Name None

Interior

Heating Central

Cooling Central Air

Flooring None

Window Features None

Exterior

Parking Features Driveway, Parking Lot

Fence Fenced

Community Features None

Utilities Available Electricity Available, Water Available

Waterfront Description None

View Y/N Yes

View City

Roof Type Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 9

Private Pool false

Building

Lot Description Irregular Lot

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick 4 Sides

Construction Status Updated/Remodeled

Schools

Elementary Schools Springdale Park

Middle Schools David T Howard

High Schools Midtown

Others

Senior Community no

Tax ID 14 001400030432

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First Multiple Listing Service(FMLS)
Listed by Bull Realty, Inc.
Terin Delisser

Terin Delisser

Broker | License ID: 368799

+1(678) 427-2662

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1164 Alta AVE NE

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