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Property Location

794 Penn Avenue NE, Atlanta GA 30308

List Price $1,150,000
Units 5
Price / Unit $230,000

High-demand multifamily opportunity in Atlanta, GA

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

794 Penn Avenue NE Atlanta, GA 30308
FMLS IDX Data last updated: July 30, 2026 at 7:54 PM
ACTIVE
Property Description
794 Penn Avenue, where classic Atlanta character meets an unbeatable intown location. This property offers a rare combination of private outdoor space, convenient off-street parking, and easy access to the best of the city. Enjoy being just minutes from popular dining, shopping, entertainment, parks, major employment centers, and Atlanta’s vibrant arts and cultural scene. The lot provides excellent space for relaxing, entertaining, gardening, or creating your own outdoor retreat. With its central location, neighborhood charm, strong rental potential, and long-term upside, this is a great investment opportunity in one of Atlanta’s most desirable intown areas.
Investment Notes — Atlanta
  • Located in the Atlanta, GA area
  • Value-add opportunities typically exist through management, renovations, or operational improvements
  • Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
  • Actual cash flow depends on occupancy, expenses, financing, and current market conditions
Professional Investment Analysis

Modeled using FMLS data + Atlanta market benchmarks · Estimates applied where listing data is incomplete

Price per Unit $230,000 Verified
Est. Cap Rate No Data
Gross Income No Data
Est. NOI No Data
Est. Year 1 Cash Flow after estimated debt service No Data
Confidence scores included Latest FMLS data Transparent modeling
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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 available FMLS listing data combined with Atlanta metro market benchmarks (including estimated average rents, vacancy, and expense ratios) when complete rent-roll or operating data is not provided in the listing.

Any estimated or modeled figures shown on this site 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.

MLS ID: 7811382 · Listing courtesy of Attorney Real Estate Associates, LLC, Will Nazarowski · 770-892-6167

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com
FMLS · Updated Daily