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479 Old Wheat Street

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 : 80059898

MLS Id : 7782405

Lot Size : 0.02 Acre(Lot)

County : Fulton

Subdivision: Old Fourth Ward

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Feature Features

  • Lot Information

    Lot Dimensions: 31x35x31x35 Lot Size Acres: 0.024 Lot Size Source: Public Records Lot Description: Level, Private, Rectangular Lot

    Property Information

    Subdivision: Old Fourth Ward Source Property Type: Land Postal Code Plus 4: 1631 Zoning Description: Undeveloped/Zoned Residential

  • Listing Price Information

    Listing Price: $389900 Original Price: $399900

  • Tax Information

    Parcel Number: 14 004600121316 Tax Lot: 0 Tax Year: 2025 Annual Tax: $2757 Tax Legal Desc: N/A

  • School Information

    Elementary School: John Hope-Charles Walter Hill
    Junior High School: David T Howard
    Senior High School: Midtown
  • Utility Information

    Other
  • Location Information

    Direction: Please use GPS.
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ByOwner last updated this listing 06/20/2026 @ 01:53

MLS: 7782405 LISTED BY: The Group, Bolst, Inc. 404-482-2293 SOURCE: First Multiple Listing Service (FMLS)

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