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314 5th Street NE Atlanta, GA $ 1,685,000
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314 5th Street NE
$ 1,685,000
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314 5th Street NE

Atlanta, GA, 30308
$ 1,685,000
Baths0.0

Monthly Estimate*

$ 10,639

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Studio

Multi-Family Home for sale in Atlanta, GA

for $1,685,000. This home was built in 1920 on a lot size of 0.133.

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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Multi-Family Active

Price

$ 1,685,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 23,249

Style

Lot Size

0.133

Year Built

1920

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7819403
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Roof Shingle
Security Features None
Construction Materials Brick
Year Built 1920
View City
Levels Two
Property Subtype Other
Tax Year 2025
Parcel Number 14 004800050257
Gross Income 179112
Waterfront Features None
Community Features None
Accessibility None
County Fulton - GA
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name Midtown
Green Energy Generation None
Status Active
Directions Use Waze
High School Midtown
City Atlanta
Body of Water None
Number Of Units Total 8
Elementary School Virginia-Highland
Property Attached Y/N false
Tax Annual Amount 23249
Home Warranty Y/N false
Middle/Junior High School David T Howard
Property Condition Updated/Remodeled
Standard Status Active
Cap Rate 7
Freehold IDX
Corporate Owner None
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Interior
Flooring Luxury Vinyl Tile Wood
Window Features None
Total Baths 0
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Exterior
Fencing Wood
Parking Features Driveway
Lot Features Level
Water Source Public
Total Parking 3
Lot Dimensions x
Lot Size Acres 0.133
Lot Size Source Other
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* Excluded Features
List By
ANDY LUNDSBERG

Listing Agent

Bull Realty, Inc.

Broker

andy@bullrealty.com

Email

Affordability Calculator

$12,577
Per Month
85%
15%
0%
Monthly Principal & Interest
$10,639
Monthly Property Taxes
$1,937
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.
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Nearby
4309155 Elementary School
4134039 Middle School
Midtown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/11/2026$1,685,000 Listed Price

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314 5th Street NE, Atlanta, GA, 30308 is a Multi-Family Home for sale at $1,685,000 with a lot size of 0.133. 314 5th Street NE is a studio with 0.0 baths and was built in 1920. The property's zip code is 30308 which is in Atlanta, GA

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