Contacts
Georgia Properties
Property Details
- Property Type Multi-Family
- Property Size 7,109 SF
- Units 8
- Lot Size 0.8 Acre
- Parking Spaces Avail. 20
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1963
- Year Renovated 2017
- Date Updated Apr 29, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- 100% Occupied Multifamily Asset – The property consists of 8 fully leased apartment units, providing investors with immediate and stable rental income.
- 7,109 SF Apartment Building – A well-sized multifamily property designed for efficient operations and strong tenant demand.
- Excellent Accessibility – Convenient access to major highways including Interstate 285 and Interstate 85, connecting the property to major employment and retail centers.
- Income + Development Upside – Investors benefit from stable current income while maintaining the opportunity to redevelop the property into a higher-density 24-unit multifamily project.
- Prime Northeast Atlanta Location – Located in Chamblee, a rapidly growing submarket within Atlanta known for strong rental demand and redevelopment activity.
- Renovated Property – Originally built in 1963 and renovated in 2017, blending durable construction with modern improvements.
- RM-75 Zoning – The zoning designation supports multifamily residential development and provides flexibility for future redevelopment or expansion.
- Strong In-Place Cash Flow – The building generates approximately $168,000 in annual gross income, delivering reliable returns from day one.
- Value-Add Redevelopment Opportunity – The site has the potential to support the development of up to 24 apartment units, allowing investors to significantly increase density and maximize the property’s long-term value.
Attachments
Getting around
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63/100
Walk Score ®
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25/100
Bike Score ®
Location
- City Atlanta, GA
- Neighborhood Clairmont Park
- Zip Code 30341
- Market Atlanta
Points of Interest
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Chamblee
1.06 miles
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Doraville
1.54 miles
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Medical Center
4.09 miles
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Medical Center MARTA
4.11 miles
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Dunwoody MARTA
4.16 miles
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Dunwoody
4.16 miles
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Lenox
4.68 miles
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Sandy Springs
5.01 miles
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Buckhead
5.09 miles
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North Springs
5.86 miles
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Chevron
0.28 miles
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BP
0.59 miles
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QuikTrip
0.85 miles
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Shell
1.06 miles
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Exxon
1.40 miles
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76
1.41 miles
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Ev Connect charging station
1.94 miles
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ChargePoint
2.87 miles
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eVgo
2.98 miles
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SemaCharge
4.01 miles
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Chamblee Northwest Park and Ride
0.98 miles
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Chamblee East Park and Ride
0.99 miles
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Regal Hollywood 24
1.00 miles
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Chamblee Southwest Park and Ride
1.12 miles
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Doraville Park & Ride
1.40 miles
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Doraville MARTA Station Park & Ride
1.45 miles
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Brookhaven Station Park & Ride
3.27 miles
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Extended Stay America Select Suites - Atlanta - Chamblee
0.87 miles
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Motel 6
0.90 miles
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Super 8
0.92 miles
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Quality Inn Atlanta Northeast I-85
1.09 miles
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Quality Inn
1.14 miles
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Clarion Hotel & Conference Center North Atlanta
1.59 miles
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Extended Stay America Hotel Atlanta - Clairmont
2.69 miles
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Atlanta Marriott Northeast/Emory Area
2.85 miles
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Tru by Hilton Atlanta Northlake Parkway
2.92 miles
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TownePlace Suites Atlanta Northlake
2.95 miles
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City Farmers Market
0.43 miles
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Publix
1.35 miles
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Walmart Supercenter
1.36 miles
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Whole Foods Market
1.46 miles
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TJ Maxx
1.47 miles
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Ross
1.73 miles
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Mercado Fresco
1.76 miles
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Super H Mart
1.79 miles
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Marshalls
1.83 miles
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Buford Highway Farmers Market
1.88 miles
Georgia Properties