Recently Renovated Multifamily Opportunity | 16 Units | 100% Occupied

For Sale

1164 Alta Avenue Northeast, Atlanta, GA 30307

This Atlanta property for sale is located at 1164 Alta Avenue Northeast. The current listed sale price for Recently Renovated Multifamily Opportunity | 16 Units | 100% Occupied is $3,400,000. Recently Renovated Multifamily Opportunity | 16 Units | 100% Occupied is situated on a lot that is 0.52 acre in size.

Contacts

Andy Lundsberg

Bull Realty

Property Details

  • Property Type Multi-Family
  • Property Size 13,680 SF
  • Units 16
  • Lot Size 0.52 Acre
  • Year Built 1965
  • Date Updated May 14, 2026
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.Bull Realty is pleased to present The Flats, a stabilized 16-unit multifamily investment opportunity offered at an attractive 6.0% 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. 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.
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Highlights

  • 6% cap rate with 100% occupancy providing immediate stable cash flow
  • Highly sought-after intown location convenient to both Inman Park and Little 5 neighborhoods
  • On-site laundry facilities and off-street parking for tenant convenience
  • Recently updated offering true turnkey ownership with minimal capital needs

Attachments

Getting around

  • 91/100

    Walk Score ®

  • 65/100

    Transit Score ®

  • 76/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Atlanta, GA
  • Neighborhood Inman Park
  • Zip Code 30307
  • Market Atlanta

Points of Interest

  • Inman Park/Reynoldstown

    0.27 miles

  • Edgewood/Candler Park

    0.57 miles

  • King Historic District

    1.49 miles

  • Edgewood at Hillard

    1.60 miles

  • King Memorial

    1.66 miles

  • Dobbs Plaza

    1.71 miles

  • Sweet Auburn Market

    1.80 miles

  • Auburn at Piedmont

    1.89 miles

  • Hurt Park

    2.10 miles

  • East Lake

    2.14 miles

  • Shell

    0.19 miles

  • Texaco

    0.57 miles

  • Chevron

    0.70 miles

  • Exxon

    0.86 miles

  • Valero

    0.91 miles

  • eVgo

    1.20 miles

  • ChargePoint

    1.22 miles

  • Citgo

    1.42 miles

  • Kroger

    1.50 miles

  • JuiceBox

    3.10 miles

  • Inman Park Park & Ride

    0.30 miles

  • Edgewood/Candler Park Park & Ride

    0.50 miles

  • faculty parking

    1.04 miles

  • Lot 21 Parking

    1.15 miles

  • Atlanta Medical Center Parking Deck B

    1.22 miles

  • Atlanta Medical Parking Deck A

    1.37 miles

  • Midtown Promenade Parking

    1.59 miles

  • Big Bethel Parking

    1.82 miles

  • J Deck

    1.86 miles

  • Highland Inn

    0.77 miles

  • Atlanta Motel

    1.02 miles

  • Motor Hotel

    1.09 miles

  • Greenwood Bed & Breakfast

    1.32 miles

  • Wylie Hotel Atlanta, Tapestry Collection by Hilton

    1.38 miles

  • The Darwin Hotel

    1.44 miles

  • Ponce De Leon Place Bed & Breakfast

    1.53 miles

  • Hilton Atlanta

    1.94 miles

  • Courtland Grand Hotel, Trademark Collection by Wyndham

    1.94 miles

  • Savannah Suites Atlanta

    1.97 miles

  • Four Corners of the Earth Market Place

    0.19 miles

  • Ross

    0.26 miles

  • Kroger

    0.36 miles

  • Target

    0.37 miles

  • Sevananda

    0.41 miles

  • Publix

    0.87 miles

  • The Atlanta Dairies

    1.21 miles

  • TJ Maxx

    1.32 miles

  • Whole Foods Market

    1.34 miles

  • Lidl

    1.62 miles

Contact Listing Broker
Andy Lundsberg

Bull Realty

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