Active1164 Alta Avenue NE, Atlanta, GA 30307
MLS# 7800782 · Listing Courtesy Of: Bull Realty, Inc.
Listing Contact: 404-876-1640
Facts
True monthly cost (estimates)
The full picture of owning this home each month, using the defaults shown. Every figure marked (est.) is an estimate for planning — not a quote, loan offer, or pre-approval. In the main listing search you can edit the rate, down payment, insurance and utilities in the interactive version of this panel.
| Line | $/month |
|---|---|
| Principal & interest (20% down, 6.5%, 30 yr) | $16,307 |
| Property taxes (from listing data) | $4,401 |
| Property taxes with standard homestead (est. — saves about $82/yr) | $4,394 |
| Home insurance (est. 0.2% of price / yr) | $538 |
| Utilities (est.) | $150 |
| Estimated monthly total | $21,396 |
| Estimated monthly total with homestead (est.) | $21,389 |
About this home
The Flats, a stabilized 16-unit multifamily investment opportunity offered at an attractive 6.9% cap rate. This well-maintained asset features a highly desirable unit mix of 14 spacious two-bedroom/one-bathroom units and 2 one-bedroom/one-bathroom units, all of which have been recently updated. With 100% occupancy and strong in-place income, the property offers true turnkey ownership with minimal near-term capital requirements. All units have central HVAC with off street parking and access to an onsite laundry facility. Strategically located in the heart of Inman Park, one of Atlanta’s most sought after and walkable neighborhoods, the property offers convenient access to both Inman Park Village and Little Five Points. Tenants enjoy immediate proximity to an eclectic mix of award-winning restaurants, vibrant nightlife, boutique retail, and cultural attractions. The neighborhood’s tree-lined streets, historic charm, and connectivity to the Atlanta Beltline further enhance its appeal, driving consistent rental demand and long-term value appreciation. The Flats represents a rare opportunity to acquire a stabilized, income-producing asset in a premier intown Atlanta location…
Schools (from listing data)
School assignments as reported in the listing data — verify with the school district before making a decision.
Map
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Listing data last updated: Oct 30, 2026, 5:00 AM
AI Insight
This Inman Park property is notable for its large 0.52-acre lot, which is significantly larger than the average lot size in the city. The property is listed for $3,225,000, which is nearly 12 times the city's median per sq ft. This large estate would suit a buyer seeking a private oasis in a desirable Atlanta neighborhood.
Written by Blustone AI from the live listing data above — verify anything important with Satish before relying on it.