1005 Greenwood AVE NE Atlanta, GA 30306
UPDATED:
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
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
