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List Price $609,900
Units 3
Price / Unit $203,300

High-demand multifamily opportunity in Atlanta, GA

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

1721 Hortense Place NW Atlanta, GA 30318
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Exceptional investment opportunity in the heart of Grove Park. This fully renovated triplex offers immediate income potential with all three units currently leased, making it an ideal addition to any investor's portfolio. The main residence features four bedrooms and two-and-a-half bathrooms, thoughtfully updated with modern finishes and designed for comfortable living. A spacious family room with a striking stone fireplace serves as the centerpiece of the home, while the oversized kitchen offers granite countertops, a walk-in pantry, and a dedicated laundry room. The terrace-level apartment includes two bedrooms and two full bathrooms with a private entrance, creating a highly desirable rental opportunity with strong tenant appeal. Completing the property is a detached two-car garage with a studio apartment above, providing a third income-producing unit. This additional living space further enhances the property's cash-flow potential and offers a diverse unit mix attractive to a wide range of renters. Situated on a rare double lot totaling nearly one acre, the property offers ample parking, expansive outdoor space, and direct access to Proctor Creek. Residents enjoy close proximity to the 300-acre Westside Park, Atlanta BeltLine access points, local breweries, coffee shops, restaurants, and the exciting ongoing growth throughout Atlanta's Westside. Whether you're seeking a turnkey income-producing asset or a long-term investment in one of Atlanta's most rapidly evolving neighborhoods, this fully occupied Grove Park triplex presents a compelling opportunity with immediate revenue and future upside.
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 $203,300 Verified
Est. Cap Rate 📊 Cap Rate Modeled
Est. Gross Income $6,000 📊 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: 7778996 • Listing courtesy of EXP Realty, LLC., CHAQUEVA ROBINSON • 888-959-9461

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