811 Saint Charles Avenue NE
Atlanta, GA, 30306 $ 1,000,000
Baths0.0 Monthly Estimate*
$ 6,314
Studio for $1,000,000. This home was built in 1920 on a lot size of 0.172.
UNBEATABLE INTOWN ATLANTA MULTIFAMILY INVESTMENT IN VIRGINIA-HIGHLAND! Rare opportunity to acquire an income-producing 5-plex with exceptional structural bones in one of Atlanta's most coveted historic neighborhoods. Situated on a beautiful corner lot featuring tree-lined streets, sidewalks, and streetlights, this property offers the ultimate Intown location. Residents are just around the corner from the iconic Ponce City Market and the vibrant Atlanta BeltLine Eastside Trail, putting world-class dining, shopping, and recreation right at their doorstep. EXCELLENT STRUCTURAL BONES & LOW-MAINTENANCE EXTERIOR Investors will appreciate the low-maintenance, high-durability exterior features designed to protect your bottom line. The building boasts -significantly reducing ongoing maintenance costs and capital expenditure worries. VERSATILE UNIT LAYOUTS WITH HISTORIC CHARM & VALUE-ADD POTENTIAL The interior presents 5 units with varying sizes and degrees of TLC needed per unit, This allows a new owner to renovate each unit one at time while rapidly capture market-rate rents as they go along with the renovations. Approximately 4,000+ total sqft according to Cuba Casa floor plans. Unit 1 & Unit 4: These spacious units are packed with historic character, featuring original hardwood floors, classic original bathroom tile, and charming fireplaces. Unit 1 retains timeless original plaster details in the living room. Units 2 & 3: Conveniently located in the basement level, offering a cozy footprint. Unit 5 (The Loft): Positioned above Unit 4, this unique space features a smart 1-bedroom open-concept living and kitchen combo layout. Flexible Rental Strategy: For maximum rental yield flexibility, Unit 4 and Unit 5 can be easily leased together as a single expansive residence or kept completely separate to maximize independent income streams. PROPERTY AMENITIES, PARKING, & TOP-TIER SCHOOLS A dedicated shared laundry room is located in the basement, providing a highly desired amenity for all residents and an opportunity for additional coin or digital laundry revenue. The property features convenient alleyway access leading to four dedicated parking slots in the rear, plus ample neighborhood street parking. Adding to the exceptional long-term equity and resale value, this property is situated in the highly desirable Atlanta Public Schools Midtown Cluster, zoned for Virginia-Highland Elementary, David T. Howard Middle School, and the award-winning Midtown High School. Whether you are executing a classic value-add renovation, looking for a premium 1031 exchange asset, or building a long-term buy-and-hold real estate portfolio, this 5-unit multifamily property delivers unmatched location-driven value. Capitalize on strong, steady rental demand driven by immediate proximity to Midtown Atlanta, Piedmont Park, the Old Fourth Ward, and major employment hubs. Properties of this scale and caliber in this exact pocket of Virginia-Highland rarely hit the market. Schedule a property tour today to explore the footprint, layout, and incredible income potential of this premier Intown real estate asset. Sold as-is.
See more
FeaturesGeneralSewer Public Sewer
Heating Central Natural Gas
Cooling Ceiling Fan(s) Electric
Utilities Sewer Connected
HOA Fee 0
Association Fee Includes None
Construction Materials Brick Concrete
Year Built 1920
Levels Three Or More
Property Subtype Multi Family
Tax Year 2025
Gross Income 0
Community Features Sidewalks Street Lights Near Public Transport Walk To Schools Near Shopping
County Fulton
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
MaintenanceExpense 0
Subdivision Name Virgina HighlandsVirginia-Highland Eleme
Garage Y/N false
Status New
Directions From I-85 / I-75 exit 248C toward GA-10 E/John Lewis Freedom Pkwy NE. Continue onto GA-10 E/John Lewis Freedom Pkwy NE. Turn left onto US-278 W/Ponce De Leon Ave NE. Turn right onto Bonaventure Ave NE. Turn right onto St Charles Ave NE. Destination will be on the right. .
High School Grady
City Atlanta
Body of Water None
Number Of Units Total 5
Lot Size Units Square Feet
Lot Size Square Feet 7492.32
Carport Y/N false
Elementary School Virginia Highland
Tax Annual Amount 14063
Electric Expense 0
Fuel Expense 0
Middle/Junior High School David T Howard
Property Condition Resale
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
See more
InteriorTotal Fireplaces 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
See more
ExteriorParking Features Off Street
Water Source Public
Total Parking 4
Lot Size Area 7492.32
Foundation Details Slab
Lot Size Acres 0.172
Lot Size Source Public Records
See more
* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $6,314
- Monthly Property Taxes
- $1,172
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Atlanta, GA
Average List Price $726,705
Percent of Sale Price 27%
About Atlanta, GA 478,204 Population
15% Since 2002
$ 55,840 Median Income
35.72 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
4133595 Middle School
Grady High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/23/2026 | $1,000,000 | | Listed Price |