1164 Alta Avenue Ne, Atlanta, GA 30307
Local realty services provided by:ERA Sunrise Realty
1164 Alta Avenue Ne,Atlanta, GA 30307
$3,225,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: andy lundsberg, michael wess
Office: bull realty, inc.
MLS#:7800782
Source:FIRSTMLS
Price summary
- Price:$3,225,000
About this home
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....
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Home facts
- Year built:1964
- Subdivision & Development:Inman Park
- Listing ID #:7800782
- Updated:August 19, 2026 at 01:30 PM
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1964
- Lot area:0.52 Acres
- Construction Materials:Brick 4 Sides
- Levels:2 Story
Schools
- High school:Midtown
- Middle school:David T Howard
- Elementary school:Springdale Park
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,225,000
- Tax amount:$60,359 (2025)
Parking
- Total parking spaces:9
- Parking description:Driveway, Parking Lot
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