JeffCroweCRE
Multifamily

1891 Tremont Drive NW

Atlanta, GA 30314

Location

1891 Tremont Drive NW, Atlanta GA 30314

Interactive map

Loads on click

Open in Google Maps
List Price$699,000
3 Units$233,000 per unit
Published yieldsYields UnpublishedRent coverage 67% — yields unpublished
IncompleteListing evidence · class C
Rents2 / 3 units
Who paysWater split · Elec split · Gas tenant · Trash owner · 1 units unknown
OccupancyNot in remarks
FinancialsMLS GI/NOI empty · Tax $7,646 (2024)

Not enough FMLS financials to publish cap, cash-on-cash, or DSCR in the hero. Use the calculator as a modeled scenario and request the rent roll / T-12.

Property Financials

Request the rent roll and full expenses on this property

Get the current rent roll, T-12, and full operating expense details for this property.

No obligation. Just the property financials.

Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7807185
Listing Provided By HomeSmart · 404-913-6289
Description

Property Description

Rare opportunity to own a fully renovated triplex offering exceptional flexibility in one of Atlanta's rapidly growing Westside neighborhoods. Featuring three private 3-bedroom, 2-bath residences (9 bedrooms and 6 bathrooms total), this property provides multiple options for occupancy and rental use, all under one roof. Connected by a central stairwell, each level has a landing, private door and locks. Two of the residences are fully furnished and are currently operating as successful short-term rentals, while the third residence, previously leased as a long-term rental, is now vacant and ready for its next use. The seller is including the furnishings in Units 1 and 2, creating an opportunity for a seamless transition for the next owner. Each residence features its own private entrance, and every bedroom is equipped with a keyed lock, offering additional flexibility for a variety of residential living arrangements. The layout lends itself to numerous possibilities, including occupying one residence while leasing the others, leasing all three residences, furnished rentals, traditional long-term leasing, or other rental configurations. Ideally situated just minutes from the Atlanta BeltLine, Westside Park, Mercedes-Benz Stadium, Georgia Aquarium, Downtown Atlanta, Hartsfield-Jackson Atlanta International Airport, and the Atlanta University Center (AUC), the property offers convenient access to major employers, colleges and universities, entertainment, and transportation throughout the city. Whether you're looking for a primary residence with income-producing potential or a versatile property with multiple residential rental options, this turnkey triplex offers an exceptional combination of location, flexibility, and opportunity. Schedule your own private showing now.
Listing facts

From this record

  • Incomplete — 2 of 3 unit rents

3 doors on the listing. Generic market notes are below the fold.

Unit Mix & Available Rent Roll

Breakdown based on data provided in the FMLS listing· HUD Small Area FMR (ZIP 30314, FY2027)shown for comparison

UnitBedsBathsMonthly RentHUD SAFMRElecGasWaterGarbMaint
Unit 132$2,650$1,440-$1210YNYYY
Unit 232$2,100$1,440-$660NNNYY
Unit 3—————————
Total2 of 3 units with rent$4,750Y = owner-paid · — = unknown

Full detailed rent roll, tenant leases, and actual income/expense data not included in listing.

* Rent roll information is taken from the available FMLS listing data. Many multifamily listings do not include complete or verified tenant financials. Always verify actual rents, leases, and operating expenses during due diligence. HUD Small Area Fair Market Rents (ZIP-level payment standards) are published by the U.S. Department of Housing and Urban Development and are shown for comparison only.

Scenario

Investment Calculator

Scenario only. 2 of 3 rents in FMLS — GPI blank. Do not treat the results as in-place. Override any value.

Property & Income
$
$
$
%
Operating Expenses (Annual)
$
$
%
$
$
$
$

Repairs, pest, landscaping, cleaning, admin. Water and trash are separate lines. Electric/gas off when tenant-paid.

Financing

Conventional = fully amortizing. Commercial = shorter call + balloon. Seller finance = below-market note. Cash = no loan.

%
%
yrs
Income
Gross Potential Income—
Effective Gross Income—
Expenses
Taxes—
Insurance—
Management—
Water—
Trash—
Electric—
R&M—
Total Operating Expenses—
Expense Ratio—
Scenario returns — not in-place
Net Operating Income—
Cap Rate—
Price / Unit—
Financing & Cash Flow
Annual Debt Service—
Year 1 Cash Flow—
Cash-on-Cash—
DSCR—

Scenario only. Yields unpublished — thin roll. Results are not in-place.

Coverage rules
  • GPI pre-fills only from MLS GI, a building-total UnitTypes row, or a rent roll covering ≥ 80% of doors.
  • A single sample rent is not averaged across the building.
  • Vacancy floor is max(5%, 100 − present occupancy in remarks).
  • Mgmt 8% at 8+ units, else 10%. Insurance $800/door. R&M $800/door.
  • Utility allowances turn on only when the who-pays grid or remarks say owner-paid.
  • SAFMR push is mix-weighted and hidden when the sample is extrapolated from thin coverage.
  • Commercial = 30% / 7% / 25-yr amort. Conventional = 25% / 7% / 30-yr. Cash = 100% equity, no debt service. CoC = NOI ÷ price.
Incomplete

Jeff’s Investment Take

Market data · October 2026

Working thesis

Rent coverage or MLS financials are too thin to publish yields. Request the roll and T-12 before treating this as a screen.

  • Incomplete — 2 of 3 unit rents
Same thesis · failure-zone checkFulton County expired tape

This ask sits with inventory that expired here without re-listing. List $233,000/door vs expired median $212,500 and closed $192,625. Failures in this county sat 94 days. 44 expired buildings in sample. Not a do-not-buy — it is the price path that failed to clear.

Open the Failures tab →
Local market contextFulton County
Med. close $/door$192,62592 closed · 12 mo
Med. asking rent$1,642
Months of supply10.4Active ÷ (12-mo closed ÷ 12)
County sold gross9.0%Rent ÷ close · T12 sold tape
County asking gross9.0%Rent ÷ list · live asks
County sold NOI cap6.0%Calculator stack on closes
View all Fulton multifamily →View all Atlanta multifamily →Full Georgia multifamily market report →Voucher Spread™ report →

Modeled from available FMLS data, unit mix, and operating assumptions and Fulton County benchmarks. DSCR and cash-on-cash use conventional terms (25% down / 7% / 30-yr) for ≤4 units. Always verify with current rent roll and expenses.

FMLS IDX Logo

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. ©2026 First Multiple Listing Service, Inc.

Disclaimer

Important Investment Information

Median estimated cap, cash-on-cash, and DSCR require MLS gross income or NOI, a dated broker package, a listing building total, or a unit rent roll covering at least 80% of doors. Thin records stay Incomplete — those yields are not printed in the hero or on cards. The calculator is a labeled scenario, not in-place income.

When a line is missing we use disclosed defaults only inside the calculator: vacancy floor of max(5%, 100 − present occupancy in remarks); management 8% of EGI at 8+ units otherwise 10%; insurance $800 per door; R&M $800 per door. Utility allowances turn on only if the who-pays grid or remarks say owner-paid (water $900–1,800 per door until a T-12). A single who-pays row does not set the building. We do not use an all-in “other” of $1,100 per door, and we do not average one sample rent across the building.

Rent coverage 67% — yields unpublished

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

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.