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List Price $399,000
Units 2
Price / Unit $199,500

High-demand multifamily opportunity in Atlanta, GA

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

174 Howard Street NW Atlanta, GA 30314
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Exceptional turnkey investment opportunity! This newly renovated income-producing property is a rare asset offering immediate cash flow, outstanding flexibility, and exceptional long-term appreciation potential in one of Atlanta's fastest-growing redevelopment corridors. Featuring two beautifully updated living spaces with new HVAC systems, new water heaters, renovated kitchens, modern bathrooms, updated lighting, and stylish finishes throughout, this property delivers both quality and peace of mind while minimizing future maintenance costs. The spacious main residence features 4 bedrooms and 2 full bathrooms with premium finishes throughout. The private in-law suite offers its own separate entrance, 4 bedrooms, 2 full bathrooms, and a comfortable living area, creating an exceptional opportunity for multigenerational living or additional rental income. The flexible floor plan is ideally suited for a variety of investment strategies, including PadSplit housing, veteran housing, group home operations, short-term rentals where permitted, or traditional long-term leasing. Buyers looking to offset their housing expenses can also take advantage of an ideal house-hacking opportunity by living in one residence while generating income from the other. Ideally positioned near West End, Dixie Hills, Downtown Atlanta, the BeltLine, Westlake MARTA Station, I-20, Atlanta's renowned HBCUs, shopping, dining, entertainment, and major employment centers, this property benefits from strong tenant demand and exceptional convenience. Whether you're expanding an investment portfolio, purchasing your first income-producing property, or seeking a versatile multi-generational residence, this move-in-ready property delivers remarkable flexibility, immediate income potential, and outstanding long-term value in one of Atlanta's most promising locations.
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 $199,500 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: 7803659 • Listing courtesy of Coldwell Banker Realty, Rick Wiley • 404-252-4908

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