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.
Residential IncomeProperty Type
1920Year Built
0.13 acresLot Size
Views
Property details
Flooring
Tile
Wood
Heating & cooling
Central heating
Central air
Map view
Map loading
Schools
ElementaryVirginia-Highland
MiddleDavid T Howard
HighMidtown
Street view
Street View loading
Sale and tax history for 314 5th Street NE
DateEventPrice
Aug 11, 2026Listed$1,685,000
Public record
StoriesTwo
Lot size0.13 acres
Year built1920
StyleResidential Income
CountyFulton
Parking SpacesDriveway
MLS attribution
Listed by ANDY LUNDSBERG· Bull Realty, Inc. · (404) 876-1640