673 S Kennesaw AVE NE, Atlanta, GA 30308
$699,999
Est. payment /mo
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5,227 Sqft Lot
New

673 S Kennesaw AVE NE Atlanta, GA 30308

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Rae Johnson

Rae Johnson

+1(404) 640-2929

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Key Details

Property Type Multi-Family

Sub Type Multi Family,Triplex

Listing Status New

Purchase Type For Sale

Subdivision Old Fourth Ward

MLS Listing ID 10856297

HOA Y/N No

Year Built 1930

Annual Tax Amount $11,181

Tax Year 2026

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 5227.2

Property Sub-Type Multi Family,Triplex

Source Georgia MLS 2

Property Description

Turnkey Triplex in the Heart of Old Fourth Ward Fully Occupied with Room to Raise Rents It's hard to find a better location in Atlanta. 673 Kennesaw Ave NE puts you right in the middle of Old Fourth Ward, one of the city's most popular and fastest-growing neighborhoods. This fully occupied, turnkey triplex starts producing income on day one, and the current rents leave clear room to grow. Location: Ponce City Market is just a short walk away, with its food hall, shopping, offices and rooftop Skyline Park. The BeltLine Eastside Trail is close by too, connecting you on foot or by bike to Krog Street Market, Inman Park and Piedmont Park. Historic Fourth Ward Park, with its lake, splash pad and open green space, is right around the corner. Tenants can walk to coffee shops, restaurants, breweries, fitness studios and nightlife, and they're minutes from Midtown, Downtown, Georgia Tech, Emory University Hospital Midtown and the major job centers. Interstates 75/85 are easy to reach. Investment: All three units are leased, so there's no lease-up period and no vacancy risk at closing. The median rent for a 1-bedroom in the area is about $2,000, so there's real upside as leases renew. In a neighborhood where renters compete for limited housing, this property offers steady cash flow now and stronger returns over time. Whether you're growing your portfolio, buying your first multifamily or doing a 1031 exchange, this is a rare chance to own a small multifamily property in one of Atlanta's most walkable neighborhoods. Please do not disturb tenants. Showings with an accepted offer only. Video walkthrough of each unit (Taken October 2026) is available upon request.

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement Crawl Space

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features None

Community Features None

Utilities Available Underground Utilities

View Y/N No

Garage No

Private Pool No

Building

Faces Google

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Concrete

New Construction No

Schools

Elementary Schools Morningside

Middle Schools David T Howard

High Schools Grady

Others

HOA Fee Include None

Tax ID 14 004800120126

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition Updated/Remodeled

Georgia MLS - GAMLS
© 2026 Georgia Multiple Listing Service. All Rights Reserved.

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Rae Johnson

Rae Johnson

Owner & REALTOR® License ID: 403002

+1(404) 640-2929

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673 S Kennesaw AVE NE