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673 S Kennesaw Avenue

Atlanta, GA 30308
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Turnkey Triplex in the Heart of Old Fourth Ward | Fully Occupied with Room to Raise Rents It's hard to find a better location in Atlanta. 673 Kennesaw Ave NE puts you right in the middle of Old Fourth Ward, one of the city's most popular and fastest-growing neighborhoods. This fully occupied, turnkey triplex starts producing income on day one, and the current rents leave clear room to grow. Location: Ponce City Market is just a short walk away, with its food hall, shopping, offices and rooftop Skyline Park. The BeltLine Eastside Trail is close by too, connecting you on foot or by bike to Krog Street Market, Inman Park and Piedmont Park. Historic Fourth Ward Park, with its lake, splash pad and open green space, is right around the corner. Tenants can walk to coffee shops, restaurants, bre weries, fitness studios and nightlife, and they're minutes from Midtown, Downtown, Georgia Tech, Emory University Hospital Midtown and the major job centers. Interstates 75/85 are easy to reach. Investment: All three units are leased, so there's no lease-up period and no vacancy risk at closing. The median rent for a 1-bedroom in the area is about $2,000, so there's real upside as leases renew. In a neighborhood where renters compete for limited housing, this property offers steady cash flow now and stronger returns over time. Whether you're growing your portfolio, buying your first multifamily or doing a 1031 exchange, this is a rare chance to own a small multifamily property in one of Atlanta's most walkable neighborhoods. Please do not disturb tenants. Showings with an accepted offer only. Video walkthrough of each unit (Taken October 2026) is available upon request.

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Detail Ic Property Details

Property Type : Residential Income

Price : $699,999

AD Id : 91605442

MLS Id : 7847166

Lot Size : 0.12 Acre

Tax Amount : $11,181

Year Built : 1930

County : Fulton

Subdivision: Old Fourth Ward

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Feature Features

  • Flooring Information

    Carpet, Tile
  • Roofing Information

    Composition, Shingle
  • Interior Features

    Roof: Composition, Shingle Window Features: Double Pane Windows
  • Heating & Cooling

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

  • Building Information

    Year Built: 1930 Construction Materials: Brick, Concrete Private Pool: No View: Other

  • Lot Information

    Lot Dimensions: x Lot Size Acres: 0.12 Lot Size Source: Owner Lot Description: Other

    Property Information

    Subdivision: Old Fourth Ward Source Property Type: Residential Income Property SubType: Triplex Levels: One Property Age: 96

  • Listing Price Information

    Listing Price: $699999

  • Tax Information

    Tax Block: 1 Tax Year: 2026 Annual Tax: $11181 Tax Legal Desc: X

  • Parking Information

    See Remarks

  • School Information

    Elementary School: Morningside-
    Junior High School: David T Howard
    Senior High School: Midtown
  • Utility Information

    Electricity Available, Cable Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Location Information

    Direction: Google WaterSource: Public Security Features: Carbon Monoxide Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
507 Boulevard Place, Atlanta, GA, 30308 $850,000 -- -- -- 0.17 Acre
761 Monroe Drive, Atlanta, GA, 30308 $799,900 -- -- -- 0.13 Acre
449 Greenwood Avenue, Atlanta, GA, 30308 $1,349,000 -- -- -- 0.25 Acre
530 Parkway Drive, Atlanta, GA, 30308 $675,000 -- -- -- 0.11 Acre
588 Parkway Drive, Atlanta, GA, 30308 $899,000 -- -- -- 0.17 Acre
590 Parkway Drive, Atlanta, GA, 30308 $699,000 -- -- -- 0.17 Acre
356 5th Street, Atlanta, GA, 30308 $1,100,000 -- -- -- 0.13 Acre
800 NE Myrtle Street, Atlanta, GA, 30308 $1,450,000 -- -- -- 0.25 Acre
215 Piedmont #2108 Avenue, Atlanta, GA, 30308 $150,000 -- -- -- 0.02 Acre

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ByOwner last updated this listing 10/01/2026 @ 23:01

MLS: 7847166 LISTED BY: Niyi Adewole, EXP Realty, LLC. 888-959-9461 SOURCE: First Multiple Listing Service (FMLS)

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