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List Price $1,475,000
Units 2
Price / Unit $737,500

High-demand multifamily opportunity in Atlanta, GA

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

399 8th Street NE Atlanta, GA 30309
FMLS Data last updated: July 7, 2026 at 3:42 PM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Stunning and versatile residence currently configured as a duplex, yet easily convertible into an exceptional single-family home, this beautifully reimagined property blends timeless charm with sophisticated modern design in one of Atlanta’s most sought-after locations. From the moment you arrive, the striking curb appeal, fresh contemporary exterior, and convenient off-street parking set the tone for the elevated living experience found throughout. Inside, sun-drenched interiors showcase crisp designer finishes, gleaming hardwood floors, open-concept living spaces, and beautifully renovated kitchens featuring stainless steel appliances, stylish cabinetry, and effortless flow for both everyday living and entertaining. The left side of the home lives large with a spacious main-level office, 2 bedrooms and 2 baths, generous laundry room, expansive living and dining spaces, and a private back patio perfect for morning coffee or evening gatherings. The lower level offers incredible flexibility with an additional living area, second laundry space, 2 more bedrooms, 1.5 baths, and plumbing already in place for a future second kitchen, ideal for guests, multigenerational living, or income-producing opportunities. The opposite residence features an airy 2 bedroom, 2 bath layout with its own laundry, a beautifully renovated kitchen, open living and dining areas, and an upper-level bonus retreat perfect for a media room, home gym, creative studio, or office. Outdoor living is equally impressive, with sprawling entertaining spaces, peaceful treetop views, and exceptional privacy that create a true intown sanctuary. Both tenant leases run through November, offering immediate investment income with long-term flexibility for an owner-occupant or future conversion. A new roof adds peace of mind. Ideally positioned just blocks from Piedmont Park, Ponce City Market, the BeltLine, acclaimed restaurants, boutique shopping, festivals, and everything vibrant intown Atlanta has to offer.
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 $737,500 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: 7788804 • Listing courtesy of Atlanta Fine Homes Sotheby's International, JARED SAPP • 404-668-7233

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