Other Atlanta neighborhoods

ZIP-level inventory pages — not the same as the citywide Atlanta feed.

Active2
Median $/door$276,250
Ask range$330,000–$775,000
Estimated cap5.2%n=1
Median DOM102

2 duplex · 0 triplex · 0 fourplex · 0 apartmentsGeorgia market report →

ACS 2023 · HUD FY2027 · 1 ZCTAs with ACS

East Atlanta / Reynoldstown housing stock & renter economics

Small multifamily and apartment-building investors underwrite ZIP 30316 (East Atlanta / Reynoldstown) against ACS renter share, HUD Small Area FMR, and structure-type stock — not just the live FMLS card. Live FMLS set on this page: 2 buildings.

ZCTA 30316 stock versus the live commercial residential income set on this page.

Population
35,040
Households
15,614
Housing units
18,095
2-unit stock
257
3–4 unit stock
761
2–4 unit stock
1,018
5–49 unit stock
2,444
50+ unit stock
2,114
Median renter share
39.3%
ACS median rent
$1,570
Contract rent
$1,381
1BR SAFMR
$1,670
2BR SAFMR
$1,820
3BR SAFMR
$2,170
SAFMR / ACS rent
1.16×
Vacancy (ACS)
13.7%
Pop Δ 2018–2023
+5.6%
Median HH income
$96,491
Rent burden ≥30%
46.7%
Rent burden ≥50%
26.4%
LIHTC projects / units
15 / 1,563
HUD assisted MF
6 / 646
Alloc. 5+ permits
2,249
FY2027 SAFMR0BR $1,6001BR $1,6702BR $1,8203BR $2,1704BR $2,580

East Atlanta / Reynoldstown: median renter share 39.3%; ACS median gross rent $1,570; FY2027 2BR SAFMR $1,820; 2BR SAFMR is 1.16× ACS median gross rent; 257 units in 2-unit structures, 761 in 3–4-unit structures, and 2,444 in 5–49-unit structures; population up +5.6% between ACS 2018 and 2023; 15 LIHTC projects (1,563 units); 2,249 allocated 5+ unit permits (county BPS × ZCTA share). Census / HUD stock — not a rent roll and not a buy/sell score.

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.

2 Multifamily Investment Properties for Sale in East Atlanta / Reynoldstown

As of today, 2 active small multifamily listings in East Atlanta / Reynoldstown · median $276,250/door · median estimated cap 5.2% (n=1). East Atlanta and Reynoldstown (ZIP 30316) sit on the stronger eastside corridor. Inventory is limited relative to westside ZIPs but benefits from solid long-term demand and BeltLine adjacency.

Pricing runs higher; focus on properties with clear rent upside or strong existing cash flow.

Current Market Snapshot

Active Listings2
Avg List Price$552,500
Avg $/Unit$276,250
Avg Cap Rate (est.)5.2%
Price Range$330,000 – $775,000
Avg Units2.0

HUD Fair Market Rent · Fulton County(FY2026)

Studio$1,585
1 BR$1,660
2 BR$1,820
3 BR$2,182
4 BR$2,605

Showing 2 of 2 multifamily investment properties for sale

Multifamily for sale: 1628 Cecile Avenue SE, Atlanta
2 Units
Below 1.0x DSCR
$775,000
8.1% Gross5.2% Capest-21.0% Voucher Spread EST

1628 Cecile Avenue SE

Atlanta, GA

Units2
$/Unit$387,500
DOM77
Listing MLSID: 7807609 · Listing courtesy of Keller Knapp · 470-599-2573

Frequently Asked Questions — East Atlanta / Reynoldstown Multifamily

Are there multifamily for sale in East Atlanta / Reynoldstown?

This page is the live FMLS Residential Income set for multifamily in East Atlanta / Reynoldstown. Counts change with the MLS feed. If inventory is thin, open the statewide Georgia multifamily collection or the county page for a larger sample.

How does East Atlanta / Reynoldstown compare to Georgia overall for multifamily?

Use the statewide inventory at /multifamily-for-sale/georgia for the full Georgia multifamily set, then compare $/door and published cap estimates against this city. Smaller markets often have one or two live listings; that is not a full comp set.

Do multifamily in East Atlanta / Reynoldstown still qualify for residential financing?

Most 2–4 unit multifamily can still qualify for conventional residential financing when the buyer and property meet guidelines. Always confirm with your lender. 5+ unit buildings are a different stack.

Why is the estimated cap rate missing on some East Atlanta / Reynoldstown listings?

Yields on this site are independent screening models, not MLS fields. A listing is left out of the cap sample when we cannot publish a number. That is not a zero cap — pull the rent roll.

Looking for multifamily investments in East Atlanta / Reynoldstown?

Direct access to on-market and pre-market opportunities with principal-level advisory.

Schedule a Consultation