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. Long term tenants with some in place for up to 3-5 years. Property was recently renovated in 2021 to include all new kitchens, baths, in-unit laundry, flooring, lighting and more. Great location within walking distance to downtown Midtown, Piedmont Park and the Eastside Beltline Trail.
Active
$1,685,000
314 5th St NE, Atlanta, GA 30308
--beds
0baths
--sqft
Other, Residential Income
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
All new kitchensIn-unit laundry
- 4 days |
- 155 |
- 11 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
ANDY LUNDSBERG,
Bull Realty, Inc. 404-876-1640,
Michael Wess,
Bull Realty, Inc.
Source: FMLS GA,MLS#: 7819403
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Luxury Vinyl, Tile, Wood
- Windows: None
Property
Parking
- Total spaces: 3
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: No Dock
- Fencing: Wood
- Has view: Yes
- View description: City
- Waterfront features: None
- Body of water: None
Lot
- Size: 5,793 Square Feet
- Features: Level
Details
- Parcel number: 14 004800050257
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other, Residential Income
Materials
- Brick
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: Midtown
HOA
- Has HOA: No
Location
- Region: Atlanta
Financial & listing details
- Annual tax amount: $23,249
- Date on market: 8/11/2026
- Cumulative days on market: 4 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,629/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Listed for sale | $1,685,000-5.1% |
Source:  FMLS GA #7819403 Report a problem | ||
| 9/5/2025 | Listing removed | $1,775,000 |
Source: FMLS GA #7616405 Report a problem | ||
| 8/21/2025 | Price change | $1,775,000-1.1% |
Source: FMLS GA #7616405 Report a problem | ||
| 7/18/2025 | Listed for sale | $1,795,000-5.3% |
Source: FMLS GA #7616405 Report a problem | ||
| 12/1/2024 | Listing removed | $1,895,000 |
Source: FMLS GA #7471855 Report a problem | ||
| 10/19/2024 | Listed for sale | $1,895,000-5.2% |
Source: FMLS GA #7471855 Report a problem | ||
| 9/21/2024 | Listing removed | $1,999,999 |
Source: FMLS GA #7441268 Report a problem | ||
| 8/22/2024 | Listed for sale | $1,999,999-7% |
Source: FMLS GA #7441268 Report a problem | ||
| 5/1/2024 | Listing removed | $2,150,000 |
Source: FMLS GA #7323739 Report a problem | ||
| 3/30/2024 | Price change | $2,150,000-2.3% |
Source: FMLS GA #7323739 Report a problem | ||
| 2/28/2024 | Price change | $2,200,000-2.2% |
Source: FMLS GA #7323739 Report a problem | ||
| 2/25/2024 | Price change | $2,250,000-2.2% |
Source: FMLS GA #7323739 Report a problem | ||
| 2/13/2024 | Listed for sale | $2,300,000 |
Source: FMLS GA #7323739 Report a problem | ||
| 6/27/2023 | Listing removed | $2,300,000 |
Source: FMLS GA #7222640 Report a problem | ||
| 5/26/2023 | Listed for sale | $2,300,000 |
Source: FMLS GA #7222640 Report a problem | ||
| 10/29/2020 | Listing removed | $1,500 |
Source: Oak Grove Advisors Inc #6780501 Report a problem | ||
| 9/22/2020 | Price change | $1,500-3.2% |
Source: Oak Grove Advisors Inc #6780501 Report a problem | ||
| 9/12/2020 | Listed for rent | $1,550 |
Source: Oak Grove Advisors Inc #6780501 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 9/10Virginia-Highland Elementary SchoolGrades: PK-5Distance: 1 mi
- 9/10David T Howard Middle SchoolGrades: 6-8Distance: 1.2 mi
- 9/10Midtown High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Virginia-Highland
- Middle: David T Howard
- High: Midtown
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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