314 5th Street
Atlanta, GA 30308
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Bed
0
Bath
0.13Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Tile, Wood -
Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1920 Construction Materials: Brick Private Pool: No View: City
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Lot Information
Lot Dimensions: x Lot Size Acres: 0.133 Lot Size Source: Other Lot Description: LevelProperty Information
Subdivision: Midtown Source Property Type: Residential Income Postal Code Plus 4: 2055 Levels: Two Property Age: 106
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Listing Price Information
Listing Price: $1685000
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Tax Information
Tax Year: 2025 Annual Tax: $23249 Tax Legal Desc: .
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Parking Information
Parking Total: 3 Driveway
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School Information
Elementary School: Virginia-HighlandJunior High School: David T HowardSenior High School: Midtown -
Utility Information
Electricity Available, Natural Gas Available, Sewer Available, Water Available -
Location Information
Direction: Use Waze WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 650 Glen Iris Drive Ne,.., Atlanta, GA, 30308 | $375,000 | -- | -- | -- | |
| 567 Ponce De Leon Avenu.., Atlanta, GA, 30308 | $809,000 | 2 | 2 | -- | |
| 567 Ponce De Leon Avenu.., Atlanta, GA, 30308 | $394,000 | 1 | 1 | -- | |
| 567 Ponce De Leon Avenu.., Atlanta, GA, 30308 | $589,900 | 2 | 2 | -- | |
| 537 Winton Terrace, Atlanta, GA, 30308 | $845,000 | 4 | 3 | 3,300 | 3,300 SqFt |
| 537 Winton Terrace NE, Atlanta, GA, 30308 | $845,000 | 4 | 3 | 3,300 | 3,300 SqFt |
| 672 Kennesaw Avenue NE, Atlanta, GA, 30308 | $904,998 | 4 | 3 | -- | |
| 507 Boulevard Place, Atlanta, GA, 30308 | $850,000 | 4 | 3 | -- | |
| 496 Angier Avenue, Atlanta, GA, 30308 | $399,900 | 2 | 2 | -- | |
| 496 Angier Avenue NE, Atlanta, GA, 30308 | $399,900 | 2 | 2 | 1,204 | 1,204 SqFt |
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ByOwner last updated this listing 08/12/2026 @ 02:54
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