Map of Property

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

For Sale

314 5th St NE, Atlanta, GA 30308

This Atlanta property for sale is located at 314 5th St NE. The general use of Midtown (ATL) - 8 Unit Multifamily Opportunity | 7% Cap Rate is multi-family and it incorporates 7,155 square feet of class C multi-family space. The current listed sale price for Midtown (ATL) - 8 Unit Multifamily Opportunity | 7% Cap Rate is $1,685,000. Midtown (ATL) - 8 Unit Multifamily Opportunity | 7% Cap Rate is situated on a lot that is 0.13 acre in size.

Contacts

Andy Lundsberg

Bull Realty

Property Details

  • Property Type Multi-Family
  • Property Size 7,155 SF
  • Units 8
  • Lot Size 0.13 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1920
  • Year Renovated 2021
  • Date Updated Aug 5, 2026
This property is located in Midtown Atlanta.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.
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Highlights

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

Attachments

Getting around

  • 87/100

    Walk Score ®

  • 59/100

    Transit Score ®

  • 79/100

    Bike Score ®

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Location

  • City Atlanta, GA
  • Neighborhood Midtown Atlanta
  • Zip Code 30308
  • Market Atlanta

Points of Interest

  • North Avenue

    0.62 miles

  • Midtown

    0.66 miles

  • Carnegie at Spring

    1.33 miles

  • Peachtree Center

    1.35 miles

  • Southwest Entrance

    1.37 miles

  • Dobbs Plaza

    1.39 miles

  • King Historic District

    1.40 miles

  • Centennial Olympic Park

    1.41 miles

  • Auburn at Piedmont

    1.41 miles

  • Luckie at Cone

    1.43 miles

  • Chevron

    0.32 miles

  • BP

    0.35 miles

  • Shell

    0.36 miles

  • Citgo

    0.46 miles

  • ChargePoint

    0.65 miles

  • eVgo

    0.69 miles

  • RaceTrac

    1.30 miles

  • Standard

    1.41 miles

  • Exxon

    1.47 miles

  • Tesla Supercharger

    1.70 miles

  • Ponce Condominium Parking

    0.48 miles

  • Emory Proton Therapy Center Parking

    0.50 miles

  • North Avenue Presbyterian Church Parking

    0.54 miles

  • Midtown Promenade Parking

    0.56 miles

  • Windsor Resident/Customer Parking

    0.57 miles

  • 33 Ponce Loft Condominium Parking

    0.59 miles

  • 30 North Avenue Northeast Public Parking

    0.59 miles

  • 541Peachtree Street Northeast Parking

    0.62 miles

  • 521 Peachtree Street Northeast Parking

    0.65 miles

  • National at Westchester

    0.44 miles

  • Hotel Indigo Atlanta

    0.46 miles

  • The Darwin Hotel

    0.46 miles

  • Wylie Hotel Atlanta, Tapestry Collection by Hilton

    0.50 miles

  • Courtyard Atlanta Midtown

    0.53 miles

  • Hyatt Centric Midtown Atlanta

    0.53 miles

  • Element Atlanta Midtown

    0.54 miles

  • The Biltmore

    0.56 miles

  • Midtown South

    0.57 miles

  • Savannah Suites Atlanta

    0.64 miles

  • Publix

    0.42 miles

  • Trader Joe's

    0.60 miles

  • Midtown Promenade

    0.62 miles

  • Whole Foods Market

    0.64 miles

  • TJ Maxx

    0.65 miles

  • Kroger

    0.83 miles

  • Colony Square

    0.86 miles

  • The Hub at Peachtree Center

    1.18 miles

  • Auburn Discount Grocery

    1.38 miles

  • Four Corners of the Earth Market Place

    1.70 miles

Contact Listing Broker
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