Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths

$3,225,000

1164 Alta Avenue NE, Atlanta GA, 30307

Built in1964
Property typeResidential

Overview

Active

Listed Jul 1, 2026

Updated Jul 9

The Flats, a stabilized 16-unit multifamily investment opportunity offered at an attractive 6.5% cap rate. This well-maintained asset features a highly desirable unit mix of fourteen spacious two-bedroom one-bathroom units and two one-bedroom/one-bathroom units, all of which have been recently updated. With 100% occupancy and strong in-place income, the property offers true turnkey ownership with minimal near-term capital requirements. All units have central HVAC with off street parking and access to an onsite laundry facility. Strategically located in the heart of Inman Park, one of Atlanta’s most sought after and walkable neighborhoods, the property offers convenient access to both Inman Park Village and Little Five Points. Tenants enjoy immediate proximity to an eclectic mix of award-winning restaurants, vibrant nightlife, boutique retail, and cultural attractions. The neighborhood’s tree-lined streets, historic charm, and connectivity to the Atlanta BeltLine further enhance its appeal, driving consistent rental demand and long-term value appreciation. The Flats represents a rare opportunity to acquire a stabilized, income-producing asset in a premier intown Atlanta location with strong fundamentals, limited supply, and continued growth potential.

$21,456/mo

Est. mortgage payment based on a $3,225,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$60,359
Tax Frequency
Annually
View
Yes
MLS provider logo

Listed by ANDY LUNDSBERG with Bull Realty, Inc. 404-876-1640

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. ©2026  First Multiple Listing Service, Inc.

©2026 FMLS. All rights reserved. 

Data is refreshed every 3 hours. Listing last updated 3:32 AM UTC on 7/9/2026. 

Powered by Luxury Presence