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

Active11
Median $/door$299,800
Ask range$675,000–$1,685,000
Estimated cap5.3%n=6
Median DOM60

3 duplex · 4 triplex · 1 fourplex · 3 apartmentsGeorgia market report →

ACS 2023 · HUD FY2027 · 1 ZCTAs with ACS

Midtown housing stock & renter economics

Small multifamily and apartment-building investors underwrite ZIP 30308 (Midtown) against ACS renter share, HUD Small Area FMR, and structure-type stock — not just the live FMLS card. Live FMLS set on this page: 11 buildings.

ZCTA 30308 stock versus the live commercial residential income set on this page.

Population
23,329
Households
14,709
Housing units
16,007
2-unit stock
128
3–4 unit stock
922
2–4 unit stock
1,050
5–49 unit stock
2,935
50+ unit stock
10,388
Median renter share
65.7%
ACS median rent
$1,824
Contract rent
$1,721
1BR SAFMR
$2,030
2BR SAFMR
$2,230
3BR SAFMR
$2,670
SAFMR / ACS rent
1.22×
Vacancy (ACS)
8.1%
Pop Δ 2018–2023
+28.9%
Median HH income
$82,420
Rent burden ≥30%
48.2%
Rent burden ≥50%
22.5%
LIHTC projects / units
5 / 479
HUD assisted MF
11 / 847
Alloc. 5+ permits
6,918
FY2027 SAFMR0BR $1,9501BR $2,0302BR $2,2303BR $2,6704BR $3,190

Midtown: median renter share 65.7%; ACS median gross rent $1,824; FY2027 2BR SAFMR $2,230; 2BR SAFMR is 1.22× ACS median gross rent; 128 units in 2-unit structures, 922 in 3–4-unit structures, and 2,935 in 5–49-unit structures; population up +28.9% between ACS 2018 and 2023; 5 LIHTC projects (479 units); 6,918 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.

11 Multifamily Investment Properties for Sale in Midtown

As of today, 11 active small multifamily listings in Midtown · median $299,800/door · median estimated cap 5.3% (n=6). Midtown proper (ZIP 30308) is higher-priced but still produces publishable Voucher Spreads on certain unit types. Most active Residential Income listings here are smaller buildings or converted product that still qualify for residential financing.

Expect lower yields than southwest or westside ZIPs; location premium is the trade-off.

Current Market Snapshot

Active Listings11
Avg List Price$1,039,182
Avg $/Unit$315,622
Avg Cap Rate (est.)5.5%
Price Range$675,000 – $1,685,000
Avg Units3.6

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 11 of 11 multifamily investment properties for sale

Multifamily for sale: 314 5th Street NE, Atlanta
8 Units
Incomplete
$1,685,000

314 5th Street NE

Atlanta, GA

Units8
$/Unit$210,625
DOM55
Listing MLSID: 7819403 · Listing courtesy of Bull Realty, Inc. · 404-876-1640

Frequently Asked Questions — Midtown Multifamily

Are there multifamily for sale in Midtown?

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

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