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  • $1,200,000

    1005 Greenwood Ave NE, Atlanta, GA 30306

    8beds
    4baths
    --sqft
    : 
    Quadruplex, Residential Income
    Built in 1935
    -- sqft lot
    $1,178,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Light-filled unitsModern upgradesOff-street parkingShared outdoor space
    The property is sold as a package with 999 Greenwood Ave. PACKAGE PRICE IS $4,250,000. Rare Dual-Building Investment in Virginia-Highland – 999 & 1005 Greenwood Avenue NE, Atlanta, GA An exceptional opportunity to own two ADJACENT multifamily buildings in the heart of one of Atlanta’s most walkable and desirable neighborhoods. 999 and 1005 Greenwood Ave are side-by-side properties, ideally positioned just blocks from the Atlanta BeltLine, Ponce City Market, Piedmont Park, and the vibrant retail and dining scenes of Virginia-Highland, L5P, and Inman Park. 1005 Greenwood was newly rebuild from foundation up in 1989. Together, these properties feature 14 light-filled units: 11 units 1bed/1bath, 1 unit 3bed/1,5 bath, 1 unit 2bed/1bath, 1 unit 2bed/1,5bath. Properties have a strong rental history and consistent tenant demand. Thoughtfully updated, both buildings offer solid income and long-term appreciation potential. Prime location near major lifestyle amenities and transit corridors. Stable occupancy with room for rental growth. Modern upgrades, off-street parking, and shared outdoor space. Potential for future redevelopment. The property has 10 off-street parking spots. Whether you're expanding a portfolio, executing a 1031 exchange, or seeking a strategic value-add investment, 999 and 1005 Greenwood Ave present a compelling and flexible acquisition in the heart of Atlanta’s cultural core.
    5 days
    on Zillow
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    390
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    Zillow last checked: 7 hours ago

    Listing updated: August 06, 2025 at 03:03am

    Listing Provided by:

    ELENA VOLKOVA,

    HomeSmart 770-317-7481

    Source: FMLS GA,MLS#: 7626908MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1005 Greenwood Ave NE.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air, Window Unit(s)
    Features
    • Windows: Double Pane Windows
    Video & virtual tour

    Property

    Parking
    • Total spaces: 9
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three Or More
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Neighborhood
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 10,001.38 Square Feet
    • Features: Level
    Details
    • Parcel number: 14 001600050446

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Residential Income
    Materials
    • Brick, Cement Siding, Frame
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Playground, Restaurant, Sidewalks, Street Lights, Other
    • Security: Carbon Monoxide Detector(s)
    • Subdivision: Virginia Highland
    HOA
    • Has HOA: No
    Location
    • Region: Atlanta

    Financial & listing details

    • Tax assessed value: $922,200
    • Annual tax amount: $15,102
    • Date on market: 8/4/2025
    • Electric utility on property: Yes
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