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

Active10
Median $/door$152,225
Ask range$289,900–$1,800,000
Estimated cap5.7%n=5
Median DOM77

2 duplex · 3 triplex · 3 fourplex · 2 apartmentsGeorgia market report →

ACS 2023 · HUD FY2027 · 1 ZCTAs with ACS

Vine City / Ashview Heights housing stock & renter economics

Small multifamily and apartment-building investors underwrite ZIP 30314 (Vine City / Ashview Heights) against ACS renter share, HUD Small Area FMR, and structure-type stock — not just the live FMLS card. Live FMLS set on this page: 10 buildings.

ZCTA 30314 stock versus the live commercial residential income set on this page.

Population
23,594
Households
7,873
Housing units
9,900
2-unit stock
375
3–4 unit stock
461
2–4 unit stock
836
5–49 unit stock
2,448
50+ unit stock
1,106
Median renter share
57.9%
ACS median rent
$991
Contract rent
$811
1BR SAFMR
$1,110
2BR SAFMR
$1,210
3BR SAFMR
$1,440
SAFMR / ACS rent
1.22×
Vacancy (ACS)
20.5%
Pop Δ 2018–2023
-3.5%
Median HH income
$36,870
Rent burden ≥30%
59.0%
Rent burden ≥50%
29.6%
LIHTC projects / units
12 / 1,725
HUD assisted MF
1 / 48
Alloc. 5+ permits
6,918
FY2027 SAFMR0BR $1,0701BR $1,1102BR $1,2103BR $1,4404BR $1,710

Vine City / Ashview Heights: median renter share 57.9%; ACS median gross rent $991; FY2027 2BR SAFMR $1,210; 2BR SAFMR is 1.22× ACS median gross rent; 375 units in 2-unit structures, 461 in 3–4-unit structures, and 2,448 in 5–49-unit structures; population down -3.5% between ACS 2018 and 2023; 12 LIHTC projects (1,725 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.

10 Multifamily Investment Properties for Sale in Vine City / Ashview Heights

As of today, 10 active small multifamily listings in Vine City / Ashview Heights · median $152,225/door · median estimated cap 5.7% (n=5). Vine City, Ashview Heights, and Washington Park (ZIP 30314) sit at the center of one of the clearest unit-type inversions in the Atlanta small-multifamily market. The FY SAFMR for 1-bedrooms sits well above observed private medians, while 2- and 3-bedroom units often trade above the federal benchmark. This is the ZIP that carries the largest share of Fulton’s active 2–50 unit inventory in recent snapshots.

Strong value-add and cash-flow interest from investors who underwrite against both private rents and Housing Choice Voucher payment standards. Check current Voucher Spread™ numbers on the 30314 SAFMR page.

Current Market Snapshot

Active Listings10
Avg List Price$669,590
Avg $/Unit$150,755
Avg Cap Rate (est.)5.8%
Price Range$289,900 – $1,800,000
Avg Units4.9

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 10 of 10 multifamily investment properties for sale

Multifamily for sale: 297 Burbank Drive NW, Atlanta
10 Units
Below 1.0x DSCR
$1,800,000
7.9% Gross4.0% Capest+3.0% Voucher Spread EST

297 Burbank Drive NW

Atlanta, GA

Units10
$/Unit$180,000
DOM63
Listing MLSID: 7814781 · Listing courtesy of Wynd Realty, LLC · 404-490-9268

Frequently Asked Questions — Vine City / Ashview Heights Multifamily

Are there multifamily for sale in Vine City / Ashview Heights?

This page is the live FMLS Residential Income set for multifamily in Vine City / Ashview Heights. 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 Vine City / Ashview Heights 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 Vine City / Ashview Heights 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 Vine City / Ashview Heights 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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