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479 KELLY Street SE 1
479 KELLY Street SE 2
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List Price $1,175,000
Units 4
Price / Unit $293,750

High-demand multifamily opportunity in Atlanta, GA

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

479 KELLY Street SE Atlanta, GA 30312
FMLS Data last updated: July 7, 2026 at 3:42 PM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
479 Kelly Street, Atlanta, GA 30316 A rare chance to acquire a stabilized and income-producing quadplex (fourplex) with the ability to build 2 Additional units in the rear. with City Approval. Located near the thriving areas of Grant Park and Summerhill. This property offers a desirable 4 unit mix with excellent rental income and future upside potential. 3 of the 4 unit apartments have happy, reliable, long-term tenants in place. The comfortable, well-maintained apartments and huge off-street parking lot attract quality tenants for this outstanding location that is walking distance to Grant Park and the Beltline. Parking is street parking. Unit 1 is vacant for showings. Please see additional info Sheets in the Docs.
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 $293,750 ✓ Verified
Est. Cap Rate — 📊 Cap Rate Modeled
Est. Gross Income $76,800 📊 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: 7761528 • Listing courtesy of Keller Williams Realty Intown ATL, Ryan Sconyers • 404-541-3500

IDX Information Provided by Jeff Crowe • jeffcrowe@c21theavenues.com
FMLS • Updated Daily • Investor Analyzed
Contact Jeff Directly Get My Investment Analysis