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  • Price cut: $450K (6/4)
    $3,150,000

    549 Highland Ave, Atlanta, GA 30312

    16beds
    16baths
    --sqft
    : 
    Other, Residential Income
    Built in 1975
    -- sqft lot
    $3,036,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Great Investment Opportunity in the popular Old 4th Ward Neighborhood of Atlanta. Centralized location that is steps from the Atlanta Beltline Trail and walking distance to nearby restaurants and other amenities. New Publix grocery store coming soon on the same block. Easy access to intown, downtown and I-75/I-85 & I-20. The property consists of two buildings on two separate parcels (549 & 553 Highland Ave) with a total of 16 units. All units are loft style 1 bed/ 1 bath layouts. The property was recently renovated throughout allowing for turn-key easy ownership. 7.34% cap rate based on 12 month P&L
    40 days
    on Zillow
    |
    725
    |
    85
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 04, 2025 at 02:36pm

    Listing Provided by:

    ANDY LUNDSBERG,

    Bull Realty, Inc.

    Source: FMLS GA,MLS#: 7578169MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 549 Highland Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 16
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Windows: None

    Property

    Parking
    • Total spaces: 9
    • Parking features: Varies by Unit
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: No Dock
    • Fencing: Fenced
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 6,490.44 Square Feet
    • Features: Other
    Details
    • Parcel number: 14 004600061611
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other, Residential Income
    Materials
    • Other
    • Roof: Other
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Sewer Available, Water Available, Other
    Green energy
    • Green verification: HERS Index Score
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: Other
    • Security: None
    • Subdivision: Old Fourth Ward
    HOA
    • Has HOA: No
    Location
    • Region: Atlanta

    Financial & listing details

    • Annual tax amount: $33,321
    • Date on market: 5/12/2025
    • Electric utility on property: Yes
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