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$3,225,000

For Sale

A month ago

1164 Alta Ave Ne, Atlanta, GA

House

MLS® 7800782

0 Bed

0 Bath

--

9 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $60,359
Days Active 43
Lot Size 0.52 Acres
Approx. Age 1964
MLS® Number 7800782

Property Address: 1164 Alta Ave Ne, Atlanta, GA, 30307-2556

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number7800782
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1964
Basement
DrivewayDriveway, Parking Lot
Garage Spaces
HeatCentral
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 1, 2026List Date
$3,225,000List Price
  • Commute

Commute

Starting Address
Destination Address
1164 Alta Ave Ne, Atlanta, GA

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