Midtown (ATL) - 8 Unit Multifamily Opportunity | 7% Cap Rate

314 5th St NE Atlanta, GA 30308

314 5th St NE, Atlanta, GA, 30308
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,685,000
Last Verified:
Aug 05, 2026

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Highlights

  • Prime Midtown location - walkable to nearby Piedmont Park, Eastside Beltline and more.
  • Long term tenants: 1 tenant for ~5 years. 3 tenants for almost 3 years. 2 tenants for almost 2 years.
  • Recently renovated in 2021
  • Updated interiors featuring new kitchens, baths, flooring, lighting, and more
  • 100% occupied with stable long-term tenants
  • Strong leasing demand / low vacancy submarket
  • Easy low maintenance management
  • All units have in-unit laundry

Description

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.

This property is located in Midtown Atlanta.


Year Built: 1920
Building Size: 7155sq ft
Building Class: C
Lot Size: 0.13 acres


Documents

Offering Memorandum

Map of 314 5th St NE, Atlanta, GA, 30308

Presented by:
Bull Realty

Request additional information
Andy Lundsberg


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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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