Georgia Multifamily
Multifamily Investment Properties for Sale in Fulton County
Cities: Atlanta·College Park·East Point·Hapeville
Atlanta neighborhoods in Fulton County
ZIP-level inventory pages — not the same as the citywide Atlanta feed.
- East Atlanta / Reynoldstown30316
- Inman Park / Candler Park30307
- Midtown30308
- Midtown / Ansley Park30309
- Old Fourth Ward / Grant Park30312
- South Atlanta / Lakewood30315
- South Fulton / Old National30349
- Southwest Atlanta / Cascade30331
- Vine City / Ashview Heights30314
- West End / Adair Park30310
- West Midtown / Westside30318
47 duplex · 10 triplex · 11 fourplex · 15 apartmentsGeorgia market report →Voucher Spread™
ACS 2023 · HUD FY2027 · 40 ZCTAs with ACS
Fulton County housing stock & renter economics
Fulton County apartment-building and small-multifamily investors concentrate in ZIPs where HUD Fair Market Rents sit above or beside ACS median gross rent. The table below is ZCTA housing stock and voucher benchmarks for commercial residential income underwriting, linked to each ZIP housing profile. Live FMLS set on this page: 83 buildings.
40 ZCTAs · 40 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.
- Population
- 1,230,806
- Households
- 521,839
- Housing units
- 570,401
- 2-unit stock
- 8,133
- 3–4 unit stock
- 19,699
- 2–4 unit stock
- 27,832
- 5–49 unit stock
- 113,984
- 50+ unit stock
- 108,779
- Median renter share
- 48.8%
- ACS median rent
- $1,704
- Contract rent
- $1,587
- 1BR SAFMR
- $1,805
- 2BR SAFMR
- $1,965
- 3BR SAFMR
- $2,345
- SAFMR / ACS rent
- 1.14×
- Vacancy (ACS)
- 7.8%
- Pop Δ 2018–2023
- +3.9%
- Median HH income
- $88,657
- Rent burden ≥30%
- 48.1%
- Rent burden ≥50%
- 24.3%
- LIHTC projects / units
- 319 / 44,649
- HUD assisted MF
- 84 / 8,569
- Alloc. 5+ permits
- 240,596
Fulton County: median renter share 48.8%; ACS median gross rent $1,704; FY2027 2BR SAFMR $1,965; 2BR SAFMR is 1.14× ACS median gross rent; 8,133 units in 2-unit structures, 19,699 in 3–4-unit structures, and 113,984 in 5–49-unit structures; population up +3.9% between ACS 2018 and 2023; 319 LIHTC projects (44,649 units); 240,596 allocated 5+ unit permits (county BPS × ZCTA share). Census / HUD stock — not a rent roll and not a buy/sell score.
Georgia ZIP housing directory·All Georgia ZCTAs·SAFMR directory·Voucher Spread™·+30 more ZIPs on the housing-market pages
ZCTA ≈ USPS ZIP. ACS 5-year 2023 lags construction. Units-in-structure is Census standing stock (2-unit vs 3–4 vs 5–49 vs 50+), not the live FMLS card. SAFMR is a bedroom-specific HUD voucher benchmark, not asking rent. LIHTC / assisted-MF are inventory of record and belong on apartment pages. 5+ permits are county BPS 2025 allocated by ZCTA housing-unit share. Brokerage is Georgia-only.
83 Multifamily Investment Properties for Sale in Fulton County
As of today, 83 active small multifamily listings in Fulton County · median $201,563/door · median estimated cap 6.3% (n=42). Fulton County remains the core of Georgia multifamily investing and consistently carries the highest active inventory in the state. The county spans intown Atlanta neighborhoods through northern suburbs and offers everything from residential-financed duplexes and quadplexes to larger 5–20+ unit value-add and stabilized assets. Strong job growth, deep renter demand, and limited new supply in many submarkets continue to support both cash-flow and appreciation strategies.
Investors commonly target East Atlanta, Kirkwood, Grant Park, West End, Cascade, and pockets of southwest Fulton for value-add small multifamily. Larger assets and higher price points concentrate closer to Midtown, Buckhead, and the northern corridors. Fulton routinely leads the state in active Residential Income listings.
All Georgia multifamily →Georgia multifamily market report →
Current Market Snapshot
HUD Fair Market Rent · Fulton County (FY2026)
Cities in Fulton County
Active inventory by city.
Showing 23 of 83 properties
Frequently Asked Questions — Fulton County Multifamily
Why is Fulton County the top multifamily market in Georgia?
Fulton contains the largest concentration of employment, population, and rental demand in the state. It also has the deepest inventory of both small residential multifamily (2–4 units) and larger apartment assets, giving investors the widest range of strategies and price points.
Do most Fulton County multifamily investment properties still qualify for residential financing?
Many 2–4 unit properties do. Larger 5+ unit buildings typically require commercial financing. Always confirm with your lender, as guidelines and property condition matter.
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