Midtown (ATL) - 8 Unit Multifamily Opportunity | 7% Cap Rate
$1,685,000
314 5th St NE, Atlanta, GA 30308
For Sale
Multifamily
Garden Low Rise
Active
Last Updated: 08/14/2026
7,155 sqft
Building Size
0.133 acres
Lot Area
Details:
Building Size: 7,155 sqft
Lot Area: 0.133 acres
Occupancy: 100%
Class: C
Units: 8
Year Built: 1920
Floors: 2
Highlights:
- Prime Midtown location - walkable to nearby Piedmont Park, Eastside Beltline and more.
- Long term tenants: 1 tenant for ~5 years. 3 tenants for almost 3 years. 2 tenants for almost 2 years.
- Recently renovated in 2021
- Updated interiors featuring new kitchens, baths, flooring, lighting, and more
- 100% occupied with stable long-term tenants
- Strong leasing demand / low vacancy submarket
- Easy low maintenance management
- All units have in-unit laundry
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.
This property is located in Midtown Atlanta.
Documents:
| Title | ||
|---|---|---|
| Offering_Memorandum.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
