Georgia Multifamily
Multifamily Investment Properties for Sale in South Fulton / Old National
Other Atlanta neighborhoods
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
2 duplex · 0 triplex · 0 fourplex · 0 apartmentsGeorgia market report →
ACS 2023 · HUD FY2027 · 1 ZCTAs with ACS
South Fulton / Old National housing stock & renter economics
Small multifamily and apartment-building investors underwrite ZIP 30349 (South Fulton / Old National) 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 30349 stock versus the live commercial residential income set on this page.
- Population
- 78,597
- Households
- 30,994
- Housing units
- 34,176
- 2-unit stock
- 419
- 3–4 unit stock
- 1,341
- 2–4 unit stock
- 1,760
- 5–49 unit stock
- 8,074
- 50+ unit stock
- 565
- Median renter share
- 41.7%
- ACS median rent
- $1,323
- Contract rent
- $1,121
- 1BR SAFMR
- $1,380
- 2BR SAFMR
- $1,500
- 3BR SAFMR
- $1,790
- SAFMR / ACS rent
- 1.13×
- Vacancy (ACS)
- 9.3%
- Pop Δ 2018–2023
- +4.1%
- Median HH income
- $64,732
- Rent burden ≥30%
- 54.3%
- Rent burden ≥50%
- 29.1%
- LIHTC projects / units
- 4 / 764
- HUD assisted MF
- 1 / 142
- Alloc. 5+ permits
- 4,870
South Fulton / Old National: median renter share 41.7%; ACS median gross rent $1,323; FY2027 2BR SAFMR $1,500; 2BR SAFMR is 1.13× ACS median gross rent; 419 units in 2-unit structures, 1,341 in 3–4-unit structures, and 8,074 in 5–49-unit structures; population up +4.1% between ACS 2018 and 2023; 4 LIHTC projects (764 units); 4,870 allocated 5+ unit permits (county BPS × ZCTA share). Census / HUD stock — not a rent roll and not a buy/sell score.
Full ZIP 30349 housing profile·All Georgia ZCTAs·SAFMR 30349·Voucher Spread™
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 South Fulton / Old National
As of today, 2 active small multifamily listings in South Fulton / Old National · median $157,450/door · median estimated cap 5.4% (n=1). South Fulton / Old National (ZIP 30349) provides scale and relative affordability south of the core. Active inventory is meaningful and Voucher Spreads on 1BR product have been elevated in recent snapshots.
Larger land sites and small apartment buildings appear more frequently here than in intown ZIPs.
All Georgia multifamily →Georgia multifamily market report →
Current Market Snapshot
HUD Fair Market Rent · Fulton County(FY2026)
Showing 2 of 2 multifamily investment properties for sale
Frequently Asked Questions — South Fulton / Old National Multifamily
Are there multifamily for sale in South Fulton / Old National?
This page is the live FMLS Residential Income set for multifamily in South Fulton / Old National. 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 South Fulton / Old National 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 South Fulton / Old National 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 South Fulton / Old National 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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