Site Under Construction

Enter password to continue

List Price $975,000
Units 2
Price / Unit $487,500

High-demand multifamily opportunity in Atlanta, GA

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

631 Boulevard NE Atlanta, GA 30308
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
Introducing a rare opportunity to enjoy both privacy and the vibrant lifestyle of Historic Old Fourth Ward in this stunning five-story brick home. From the moment you arrive, the grand brick and private backyard offer a warm, welcoming presence. Step inside to a light-filled foyer that flows seamlessly into the great room, with open views into the kitchen, living and dining areas, and wet bar-an entertainer's dream with so many opportunities to enjoy the city views. On the main level, relax on the cozy balcony with a fireplace or host guests in the backyard oasis. Take the private elevator up to the expansive rooftop terrace, where you'll find panoramic skyline views, another fireplace, and outdoor kitchen-perfect for unforgettable evenings. Each bedroom features its own en suite, with generous space and thoughtful finishes throughout. The primary suite includes its own private balcony, a fireplace framed by built-in shelving, spa-like bathroom featuring a double vanity, soaking tub, and shower room and a custom luxurious walk-in closet. Just steps away from the Beltline, Ponce City Market, and minutes from Mercedes-Benz Stadium, Midtown, stores, shops and restaurants. Come see this home in person to truly appreciate all it has to offer! NO HOA or rental restrictions. Can be sold in conjunction with 629 Boulevard. It is currently income producing as STR, Airbnb 'super host.' Offered fully furnished.
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 $487,500 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

Other Atlanta, GA multifamily properties currently available

No similar properties available at the moment.

Browse All Multifamily Deals in Atlanta →
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: 7719183 • Listing courtesy of Ansley Real Estate, Lara Dolan • 404-514-6533

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