314 5th Street Ne, Atlanta, GA 30308

Atlanta
Local realty services provided by:ERA Towne Square Realty, Inc.
314 5th Street Ne,Atlanta, GA 30308
$1,685,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: andy lundsberg, michael wess
Office: bull realty, inc.
MLS#:7819403
Source:FIRSTMLS

Price summary

  • Price:$1,685,000

About this home

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.

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Home facts

  • Year built:1920
  • Subdivision & Development:Midtown
  • Listing ID #:7819403
  • Updated:August 12, 2026 at 12:48 AM

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:1920
  • Lot area:0.13 Acres
  • Lot Features:Level
  • Levels:2 Story

Schools

  • High school:Midtown
  • Middle school:David T Howard
  • Elementary school:Virginia-Highland

Utilities

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

Finances and disclosures

  • Price:$1,685,000
  • Tax amount:$23,249 (2025)

Parking

  • Total parking spaces:3
  • Parking description:Driveway
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