2612 Steele Avenue Sw, Atlanta, GA 30315

Atlanta
Local realty services provided by:ERA Towne Square Realty, Inc.
2612 Steele Avenue Sw,Atlanta, GA 30315
$5,900,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kesha williams
Office: compass
MLS#:7847983
Source:FIRSTMLS

Price summary

  • Price:$5,900,000

About this home

Rare opportunity to acquire a 44-unit garden-style multifamily community in Atlanta’s South Atlanta/Airport Corridor. Park South Apartments, located at 2612 Steele Avenue SW, offers investors an attractive value-add opportunity with significant capital improvements already completed and additional upside through continued renovations, lease-up, and operational stabilization. The two-story community features 37 one-bedroom/one-bath and 7 two-bedroom/one-bath residences with surface parking and controlled access. 17 units have been renovated, providing a strong foundation for the next owner to complete the remaining renovation program and continue repositioning the asset. Recent capital improvements include roof replacements, exterior paint, landscaping, paving and striping, HVAC and water heater upgrades, and additional site improvements. The property has 70 parking spaces. The property is 100% electric with central HVAC and individually metered electricity. Community amenities...

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Home facts

  • Year built:1966
  • Subdivision & Development:Park South
  • Listing ID #:7847983
  • Updated:October 05, 2026 at 01:33 PM

Rooms and interior

  • Flooring:Carpet

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1966
  • Lot area:0.12 Acres
  • Lot Features:Level, Partly Leased
  • Construction Materials:Brick 4 Sides
  • Levels:2 Story

Schools

  • High school:South Atlanta
  • Middle school:Crawford Long
  • Elementary school:Cleveland Avenue

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$5,900,000
  • Tax amount:$25,274 (2025)

Parking

  • Total parking spaces:1
  • Parking description:Parking Lot, Paved
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