Active2
Median $/door$192,500
Ask range$369,999–$400,000
Estimated cap6.5%n=1
Median DOM11

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

ACS 2023 · HUD FY2027 · 1 ZCTAs with ACS

Hapeville housing stock & renter economics

Hapeville 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: 2 buildings.

1 ZCTAs · 1 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.

Population
15,487
Households
6,382
Housing units
7,274
2-unit stock
256
3–4 unit stock
482
2–4 unit stock
738
5–49 unit stock
1,290
50+ unit stock
1,008
Median renter share
54.8%
ACS median rent
$1,221
Contract rent
$1,052
1BR SAFMR
$1,320
2BR SAFMR
$1,440
3BR SAFMR
$1,720
SAFMR / ACS rent
1.18×
Vacancy (ACS)
12.3%
Pop Δ 2018–2023
-5.6%
Median HH income
$53,932
Rent burden ≥30%
46.3%
Rent burden ≥50%
29.2%
LIHTC projects / units
13 / 1,888
HUD assisted MF
1 / 188
Alloc. 5+ permits
6,921

Hapeville: median renter share 54.8%; ACS median gross rent $1,221; FY2027 2BR SAFMR $1,440; 2BR SAFMR is 1.18× ACS median gross rent; 256 units in 2-unit structures, 482 in 3–4-unit structures, and 1,290 in 5–49-unit structures; population down -5.6% between ACS 2018 and 2023; 13 LIHTC projects (1,888 units); 6,921 allocated 5+ unit permits (county BPS × ZCTA share). Census / HUD stock — not a rent roll and not a buy/sell score.

ZIPPlaceRentersMed. rent2BR SAFMR2–49 unitsPop Δ
30354Hapeville / Airport54.8%$1,221$1,4402,028-5.6%

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 Hapeville

As of today, 2 active small multifamily listings in Hapeville · median $192,500/door · median estimated cap 6.5% (n=1). Hapeville is a small intown market near the airport with improving investor interest. Multifamily inventory is limited and usually consists of small residential multi-unit properties.

Current Market Snapshot

Active Listings2
Avg List Price$385,000
Avg $/Unit$192,500
Avg Cap Rate (est.)6.5%
Price Range$369,999 – $400,000
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: 3247 N Fulton Avenue, Hapeville
2 Units
Incomplete
$400,000

3247 N Fulton Avenue

Hapeville, GA

Units2
$/Unit$200,000
DOM3
Listing MLSID: 7849285 · Listing courtesy of Berkshire Hathaway HomeServices Georgia Properties · 404-777-9045

Frequently Asked Questions — Hapeville Multifamily

Are there multifamily for sale in Hapeville?

This page is the live FMLS Residential Income set for multifamily in Hapeville. 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 Hapeville 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 Hapeville 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 Hapeville 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 Hapeville?

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

Schedule a Consultation