Homes for sale - 1005 Greenwood AVE NE, Atlanta, GA 30306

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Virginia Highland

MLS Listing ID 7626908

Construction Status Resale

HOA Y/N No

Year Built 1935

Annual Tax Amount $15,102

Tax Year 2024

Lot Size 10,001 Sqft

Acres 0.2296

Property Sub-Type Quadruplex

Source First Multiple Listing Service

Property Description

The property is sold as a package with 999 Greenwood Ave. PACKAGE PRICE IS $4,250,000.

Rare Dual-Building Investment in Virginia-Highland – 999 & 1005 Greenwood Avenue NE, Atlanta, GA
An exceptional opportunity to own two ADJACENT multifamily buildings in the heart of one of Atlanta's most walkable and desirable neighborhoods. 999 and 1005 Greenwood Ave are side-by-side properties, ideally positioned just blocks from the Atlanta BeltLine, Ponce City Market, Piedmont Park, and the vibrant retail and dining scenes of Virginia-Highland, L5P, and Inman Park.
1005 Greenwood was newly rebuild from foundation up in 1989.
Together, these properties feature 14 light-filled units: 11 units 1bed/1bath, 1 unit 3bed/1,5 bath, 1 unit 2bed/1bath, 1 unit 2bed/1,5bath.
Properties have a strong rental history and consistent tenant demand. Thoughtfully updated, both buildings offer solid income and long-term appreciation potential. Prime location near major lifestyle amenities and transit corridors. Stable occupancy with room for rental growth. Modern upgrades, off-street parking, and shared outdoor space. Potential for future redevelopment. The property has 10 off-street parking spots.
Whether you're expanding a portfolio, executing a 1031 exchange, or seeking a strategic value-add investment, 999 and 1005 Greenwood Ave present a compelling and flexible acquisition in the heart of Atlanta's cultural core.

Location

State GA

County Fulton

Area Virginia Highland

Lake Name None

Interior

Heating Central

Cooling Central Air,Window Unit(s)

Window Features Double Pane Windows

Exterior

Parking Features Parking Lot

Fence Back Yard

Community Features Near Beltline,Near Public Transport,Near Schools,Near Shopping,Park,Playground,Restaurant,Sidewalks,Street Lights,Other

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available

Waterfront Description None

View Y/N Yes

View Neighborhood

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 9

Private Pool false

Building

Lot Description Level

Story Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Brick,Cement Siding,Frame

Construction Status Resale

Schools

Elementary Schools Springdale Park

Middle Schools David T Howard

High Schools Midtown

Others

Senior Community no

Tax ID 14 001600050446