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
Active
Price cut: $450K (6/4)
$3,150,000
549 Highland Ave, Atlanta, GA 30312
16beds
16baths
--sqft
Est.:
Other, Residential Income
Built in 1975
-- sqft lot
$3,036,400 Zestimate®
$--/sqft
$-- HOA
What's special
- 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#: 7578169

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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