$1,535,000
$1,685,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
314 5th ST NE Atlanta, GA 30308
5,793 Sqft Lot
Key Details
Sold Price $1,535,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Midtown
MLS Listing ID 7819403
Sold Date 10/01/26
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1920
Annual Tax Amount $23,249
Tax Year 2025
Lot Size 5,793 Sqft
Acres 0.133
Property Sub-Type Other
Source First Multiple Listing Service
Property Description
Rare opportunity to purchase this recently renovated 8-unit apartment building in the heart of Midtown. The property is 100% leased with Atlanta Housing
Authority tenants providing stable direct deposit monthly income with easy management at an attractive 7% cap rate. Long term tenants with some in place for up to 3-5 years. Property was recently renovated in 2021 to include all new kitchens, baths, in-unit laundry, flooring, lighting and more. Great location within walking distance to downtown Midtown, Piedmont Park and the Eastside Beltline Trail.
Location
State GA
County Fulton
Area Midtown
Lake Name None
Interior
Heating Central
Cooling Central Air
Flooring Luxury Vinyl, Tile, Wood
Window Features None
Exterior
Parking Features Driveway
Fence Wood
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View City
Roof Type Shingle
Accessibility None
Handicap Access None
Total Parking Spaces 3
Private Pool false
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick
Construction Status Updated/Remodeled
Schools
Elementary Schools Virginia-Highland
Middle Schools David T Howard
High Schools Midtown
Others
Senior Community no
Tax ID 14 004800050257
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Bought with Atlanta Fine Homes Sotheby's International
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