26
1164 Alta Avenue Ne, Atlanta, Georgia 30307
  • Property Type
  • Other, Residential Income
  • Area Size
1164 Alta Avenue Ne, Atlanta, Georgia 30307
  • $3,225,000

Description

The Flats, a stabilized 16-unit multifamily investment opportunity offered at an attractive 6.5% cap rate. This well-maintained asset features a highly desirable unit mix of fourteen spacious two-bedroom one-bathroom units and two one-bedroom/one-bathroom units, all of which have been recently updated. With 100% occupancy and strong in-place income, the property offers true turnkey ownership with minimal near-term capital requirements. All units have central HVAC with off street parking and access to an onsite laundry facility. Strategically located in the heart of Inman Park, one of Atlanta’s most sought after and walkable neighborhoods, the property offers convenient access to both Inman Park Village and Little Five Points. Tenants enjoy immediate proximity to an eclectic mix of award-winning restaurants, vibrant nightlife, boutique retail, and cultural attractions. The neighborhood’s tree-lined streets, historic charm, and connectivity to the Atlanta BeltLine further enhance its appeal, driving consistent rental demand and long-term value appreciation. The Flats represents a rare opportunity to acquire a stabilized, income-producing asset in a premier intown Atlanta location with strong fundamentals, limited supply, and continued growth potential.

  • Address: 1164 Alta Avenue Ne, Atlanta, Georgia 30307
  • City: Atlanta
  • State/county: GA
  • Zip/Postal Code: 30307
  • Area: Inman Park

Details

Updated on July 8, 2026 at 9:54 am
  • Property ID 7800782
  • Price $3,225,000
  • Land Area 0.52 m²
  • Year Built 1964
  • Property Type Other, Residential Income
  • Property Status Active, For Sale

Additional details

  • Roof Shingle
  • Utilities Electricity Available, Water Available
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • Flooring None
  • County Fulton - GA
  • Property Type Residential Income
  • Parking Driveway, Parking Lot
  • Elementary School Springdale Park
  • Middle School David T Howard
  • High School Midtown
  • Community Features None
  • Waterfront None

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