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479 Old Wheat Street NE

Atlanta, GA 30312
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Acres0.02

Acre(Lot)

Rare Intown Atlanta Development Opportunity in the Heart of Old Fourth Ward! Located at 479 Old Wheat Street NE, this Residential Lot offers a unique opportunity to build a Single-Family Home in one of Atlanta's most sought-after and rapidly evolving neighborhoods. Surrounded by a mix of Historic Charm, Modern Townhomes, Luxury Residences, and Commercial Development, this property sits just moments from the Atlanta BeltLine, Krog Street Market, Ponce City Market, Inman Park, Reynoldstown, Sweet Auburn, and Downtown Atlanta. Enjoy unparalleled access to some of the city's most popular Dining, Shopping, Entertainment, Parks, and Employment Centers, along with convenient connectivity to MARTA, I-75/I-85, and I-20. Positioned in an area experiencing continued growth and investment, this homesi te offers the rare opportunity to create a custom residence in a premier Intown location while honoring the character and architectural fabric that make Old Fourth Ward so special. Adding to the appeal, the property includes Approved Plans designed to streamline the development process and help accelerate the path toward permitting and construction, offering a significant advantage for buyers ready to bring their vision to life. With Public Water and Sewer available and surrounded by ongoing redevelopment, this is a rare chance to secure a piece of real estate in one of Atlanta's most vibrant urban corridors. Whether you're looking to move forward with a planned project, build your dream home, or hold for future appreciation, opportunities in locations like this are becoming increasingly difficult to find. For investors, the property may also present attractive tax planning opportunities, including potential benefits associated with land improvements and current bonus depreciation provisions. Buyers should consult their tax advisor regarding eligibility and application based on their individual circumstances. This may be especially appealing for those seeking to redeploy capital gains into a tangible asset in one of Atlanta's fastest-growing Intown neighborhoods.

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Detail Ic Property Details

Property Type : Land

Price : $389,900

AD Id : 80039384

MLS Id : 10778527

Lot Size : 0.02 Acre(Lot)

County : Fulton

Subdivision: Old Fourth Ward

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Feature Features

  • Water/Sewer

    Water Source: Public Water BodyName: None Sewer: Public Sewer
  • Utilities

    Other

  • Lot Information

    Lot Size (Acr): 0.024 Lot Size Source: Public Records Lot Features: Level,Private
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: Old Fourth Ward City: Atlanta State: GA Directions: Please use GPS. Property Status: Active

  • Listing Price Information

    Original List Price: $389,900

  • Tax Information

    Annual Tax: $2757 Tax Year: 2025 Tax Lot: 0

  • Homeowners Association Information

    Association: No Annual Association Fee: 0 Calculated Total Monthly Association Fees: 0 Community Features: Sidewalks,Street Lights,Walk To Public Transit,Walk To Schools,Walk To Shopping

  • School Information

    Elementary School: Hope Hill High School: Midtown High School Bus: No Middle School: David T Howard Middle School Bus: No Source Neighborhood: Old Fourth Ward
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1198 Morley Avenue SE, Atlanta, GA, 30312 $245,000 -- -- -- 0.10 Acre(Lot)
1194 Morley Avenue SE, Atlanta, GA, 30312 $245,000 -- -- -- 0.09 Acre(Lot)
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.

ByOwner last updated this listing 06/20/2026 @ 18:42

MLS: 10778527 LISTED BY: Justin Landis, Bolst, Inc. 404-482-2293 SOURCE: Georgia MLS

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