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List Price $235,000
Units 1
Price / Unit $235,000

High-demand multifamily opportunity in Atlanta, GA

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

1860 North Avenue NW Atlanta, GA 30318
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Priced for the savvy investor, this high-performance value-add property (light cleanup, minor repairs and tree removal-roof was replaced in 2022 and HVAC was replaced in 2021) offers an immediate foothold in Atlanta’s rapidly appreciating Grove Park. Since 2022, the asset has established a robust performance history, currently generating an average monthly gross income of $3,764 (T-12) with a clear pro forma path to $4,805 and a projected 17.9% cash-on-cash return. This 1,770 sq ft residence features a high-density 7-bedroom, 2-bathroom layout perfectly optimized for a turnkey co-living investment. Situated on a quiet, well-maintained street backing up to a serene wooded buffer, the home offers a rare blend of privacy and premier accessibility—located just 250 feet from a MARTA stop and minutes from the heart of Downtown Atlanta. The property is strategically positioned to capitalize on the massive economic tailwinds surrounding Westside Park and major nearby redevelopments, including the 20-acre Cypress Grove project and the Microsoft-backed mixed-income community. With light renovations, an investor can maximize the existing revenue model in an "A+" location near prime shopping and dining. Featuring ample parking and situated in one of the city's most transformative growth corridors, 1860 North Avenue NW is a strategic asset ready to deliver immediate, scalable cash flow.
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 $235,000 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: 7725578 • Listing courtesy of Keller Williams Realty Metro Atlanta, Kathleen Levy • 404-564-5560

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