Other Atlanta neighborhoods

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

Active9
Median $/door$290,000
Ask range$580,000–$3,350,000
Estimated cap7.3%n=5
Median DOM151

5 duplex · 0 triplex · 3 fourplex · 1 apartmentsGeorgia market report →

ACS 2023 · HUD FY2027 · 1 ZCTAs with ACS

Old Fourth Ward / Grant Park housing stock & renter economics

Small multifamily and apartment-building investors underwrite ZIP 30312 (Old Fourth Ward / Grant Park) against ACS renter share, HUD Small Area FMR, and structure-type stock — not just the live FMLS card. Live FMLS set on this page: 9 buildings.

ZCTA 30312 stock versus the live commercial residential income set on this page.

Population
27,147
Households
14,837
Housing units
15,787
2-unit stock
464
3–4 unit stock
497
2–4 unit stock
961
5–49 unit stock
2,587
50+ unit stock
7,831
Median renter share
65.5%
ACS median rent
$1,594
Contract rent
$1,447
1BR SAFMR
$1,990
2BR SAFMR
$2,170
3BR SAFMR
$2,590
SAFMR / ACS rent
1.36×
Vacancy (ACS)
6.0%
Pop Δ 2018–2023
+21.9%
Median HH income
$75,963
Rent burden ≥30%
42.9%
Rent burden ≥50%
20.7%
LIHTC projects / units
30 / 4,292
HUD assisted MF
5 / 720
Alloc. 5+ permits
6,918
FY2027 SAFMR0BR $1,9101BR $1,9902BR $2,1703BR $2,5904BR $3,070

Old Fourth Ward / Grant Park: median renter share 65.5%; ACS median gross rent $1,594; FY2027 2BR SAFMR $2,170; 2BR SAFMR is 1.36× ACS median gross rent; 464 units in 2-unit structures, 497 in 3–4-unit structures, and 2,587 in 5–49-unit structures; population up +21.9% between ACS 2018 and 2023; 30 LIHTC projects (4,292 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.

9 Multifamily Investment Properties for Sale in Old Fourth Ward / Grant Park

As of today, 9 active small multifamily listings in Old Fourth Ward / Grant Park · median $290,000/door · median estimated cap 7.3% (n=5). Old Fourth Ward and the Grant Park edge (ZIP 30312) combine strong location fundamentals with a still-accessible small-multifamily layer. Inventory is tighter than pure westside ZIPs but pricing and rent trends support both cash-flow and light value-add strategies.

Higher buyer competition than 30314/30310; underwrite carefully on price-per-door.

Current Market Snapshot

Active Listings9
Avg List Price$1,052,989
Avg $/Unit$292,397
Avg Cap Rate (est.)6.4%
Price Range$580,000 – $3,350,000
Avg Units4.2

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 9 of 9 multifamily investment properties for sale

Multifamily for sale: 615 Boulevard SE, Atlanta
16 Units
Incomplete
$3,350,000

615 Boulevard SE

Atlanta, GA

Units16
$/Unit$209,375
DOM151
Listing MLSID: 7766546 · Listing courtesy of Lacy And Associates LLC · 678-855-7216

Frequently Asked Questions — Old Fourth Ward / Grant Park Multifamily

Are there multifamily for sale in Old Fourth Ward / Grant Park?

This page is the live FMLS Residential Income set for multifamily in Old Fourth Ward / Grant Park. 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 Old Fourth Ward / Grant Park 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 Old Fourth Ward / Grant Park 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 Old Fourth Ward / Grant Park 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 Old Fourth Ward / Grant Park?

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