1164 Alta Avenue Ne, Atlanta, GA 30307
Local realty services provided by:CENTURY 21 Novus
1164 Alta Avenue Ne,Atlanta, GA 30307
$3,225,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: andy lundsberg, michael wess
Office: bull realty, inc.
MLS#:7800782
Source:FIRSTMLS
Price summary
- Price:$3,225,000
About this home
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....
Contact an agent
Home facts
- Year built:1964
- Listing ID #:7800782
- Updated:July 25, 2026 at 01:34 PM
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1964
- Lot area:0.52 Acres
- Construction Materials:Brick 4 Sides
- Levels:2 Story
Schools
- High school:Midtown
- Middle school:David T Howard
- Elementary school:Springdale Park
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,225,000
- Tax amount:$60,359 (2025)
Parking
- Total parking spaces:9
- Parking description:Driveway, Parking Lot
New listings near 1164 Alta Avenue Ne
- New
$668,000Active3 beds 4 baths2,294 sq. ft.1060 Robert Smalls Way, Atlanta, GA 30318
MLS# 7807959Listed by: LANDMARK COMMERCIAL & RESIDENTIAL PROPERTIES, LLC. - New
$289,800Active3 beds 2 baths1,075 sq. ft.3047 Horse Shoe Drive Se, Atlanta, GA 30316
MLS# 7809858Listed by: REMAX METRO ATLANTA - Coming Soon
$975,000Coming Soon3 beds 4 baths574 Boulevard Place Ne #12, Atlanta, GA 30308
MLS# 7810694Listed by: KELLER WILLIAMS REALTY PEACHTREE RD. - New
$257,400Active3 beds 3 baths1,122 sq. ft.1477 Akridge Street Nw, Atlanta, GA 30314
MLS# 7810477Listed by: ATLANTA COMMUNITIES
$240,000Active5 beds 3 baths3405 Ravenswood Drive, Atlanta, GA 30349
MLS# 10791988Listed by: eXp Realty- New
$289,900Active3 beds 2 baths1,344 sq. ft.1146 Mcgee Fitzpatrick Road, Danielsville, GA 30633
MLS# 10812690Listed by: JLA Real Estate Services - New
$155,000Active0.09 Acres598 Rhodes Street Nw, Atlanta, GA 30314
MLS# 7810420Listed by: COLDWELL BANKER REALTY - New
$155,000Active0.09 Acres602 Rhodes Street Nw, Atlanta, GA 30314
MLS# 7810421Listed by: COLDWELL BANKER REALTY - New
$599,900Active2 beds 3 baths1,369 sq. ft.270 17th Street Nw #1112, Atlanta, GA 30363
MLS# 7810600Listed by: ABOVE ATLANTA, LLC. - New
$574,000Active4 beds 4 baths2,884 sq. ft.1421 Briarhaven Trail Ne, Atlanta, GA 30319
MLS# 7810606Listed by: DOVE REALTY GROUP