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1164 Alta Avenue

Atlanta, GA 30307
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Bed --

Bed

Bath 0

Bath

Acres0.52

Acre(Lot)

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 awar d-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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Detail Ic Property Details

Property Type : Residential Income

Price : $3,225,000

AD Id : 87722053

MLS Id : 7800782

Lot Size : 0.52 Acre

Year Built : 1964

County : Fulton

Subdivision: Inman Park

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Feature Features

  • Flooring Information

    None
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1964 Private Pool: No View: City

  • Lot Information

    Lot Dimensions: 0x0 Lot Size Acres: 0.52 Lot Size Source: Other Lot Description: Irregular Lot

    Property Information

    Subdivision: Inman Park Source Property Type: Residential Income Levels: Two Property Age: 62

  • Listing Price Information

    Listing Price: $3225000

  • Tax Information

    Parcel Number: 14 001400030432 Tax Year: 2025 Annual Tax: $60359 Tax Legal Desc: .

  • Parking Information

    Parking Total: 9 Driveway, Parking Lot

  • School Information

    Elementary School: Springdale Park
    Junior High School: David T Howard
    Senior High School: Midtown
  • Utility Information

    Electricity Available, Water Available
  • Location Information

    Direction: Use Waze WaterSource: Public
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ByOwner last updated this listing 07/28/2026 @ 19:26

MLS: 7800782 LISTED BY: ANDY LUNDSBERG, Bull Realty, Inc. 404-876-1640 SOURCE: First Multiple Listing Service (FMLS)

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