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List Price $980,000
Units 3
Price / Unit $326,667

High-demand multifamily opportunity in Atlanta, GA

Properties with strong cash flow potential in this market typically receive multiple offers quickly.

1206 Mansfield Avenue NE Atlanta, GA 30307
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Rare opportunity for Investor OR Owner Occupant to own a Triplex in one of Atlanta’s most vibrant and walkable neighborhoods—Candler Park, just one block from the heart of Little Five Points and one street from Freedom Park and the PATH connection to the Atlanta Beltline. This distinctive property offers historic character combined with thoughtful updates and strong rental appeal. Classic architectural details include soaring ceilings, decorative coal fireplaces, and an expansive wraparound porch—one of the largest in the neighborhood—perfect for relaxing or enjoying the energy of the neighborhood. The large, flat lot offers a spacious backyard with pergola, garden space, and off-street parking for each unit—features rarely found with multi-family properties this close to Little Five Points. Plenty of space to add value in the backyard!! Each unit is unique & offers a comfortable layout with historic charm and varying sizes ranging from around 800 to 1,100 sf. Unit B can easily function as a 2 bedroom..currently set up as 1 bedroom + large office. Floorplan details are in the Agent Docs Section. All tenants have access to the enormous front porch, 3-5 offstreet parking spots, & spacious backyard. NOTE: Unit A tenants have been long term and landlord has not raised rent, so the current rent is under market value. Excellent options for increasing revenue for new tenants, or shift to short term rental and increase the revenue. The property has been carefully maintained by the same owner for the past 14 years and has experienced minimal vacancy...never more than 1 vacant at a time & for less than 2 mo. Recent improvements include HVACs 2 years new, water heaters 4 years new, main water line 4 years new. All units have their own washer/dryer, refrigerator, dishwasher, gas stove. Unbeatable location within a short distance of Aurora Coffee, The Vortex, Sevananda Natural Foods Market, the Freedom Park trail system, and the Beltline, with convenient access to Virginia-Highland, Inman Park, Decatur, Emory, Midtown, and Downtown. A truly unique opportunity to own one of the few small multi-family properties in the heart of Candler Park.
Investment Context for Atlanta Multifamily:
  • Located in the Atlanta, GA area with access to regional employment centers
  • Typical value-add potential through professional management and improvements
  • Multifamily rental demand varies by submarket — local verification recommended
  • Cash flow performance depends on occupancy, expenses, and market conditions
PROFESSIONAL INVESTMENT ANALYSIS

Modeled using FMLS data + Atlanta market benchmarks

Price per Unit $326,666.67 Verified
Est. Cap Rate 📊 Cap Rate Modeled
Est. Gross Income 📊 Gross Modeled
Est. NOI Estimated
Est. Year 1 Cash Flow after estimated debt service 📊 Cash Flow Modeled
✅ Confidence scores included ✅ Latest FMLS data ✅ Transparent modeling
CASH FLOW PROJECTION TOOL

Adjust assumptions to see personalized 5-year projections (Using market-based estimate)

Year 1 NOI $0
Year 1 Cash Flow $0
Year 1 Cash-on-Cash 0%
Est. Year 5 Property Value $0
Total 5-Year Cash Flow $0
* These are estimates based on available listing data and Atlanta metro market benchmarks. Detailed seller financials were not provided, so NOI was modeled conservatively. Always verify all numbers independently and consult your own professionals before making investment decisions.
SIMILAR INVESTMENT OPPORTUNITIES

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IMPORTANT INVESTMENT DISCLAIMER
Important Investment Information

All financial estimates (NOI, Cap Rate, Cash Flow, Year 5 projections, etc.) are modeled using Atlanta metro market benchmarks combined with available FMLS listing data.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7736294 • Listing courtesy of Harry Norman Realtors, Connie CousinsBaker • 404-233-4142

IDX Information Provided by Jeff Crowe • jeffcrowe@c21theavenues.com
FMLS • Updated Daily • Investor Analyzed