880 Saint Charles Avenue NE, Atlanta, GA 30306
An irreplaceable 10-unit multifamily investment opportunity in the heart of Virginia-Highland, this fully leased apartment building delivers strong in-place income, proven tenant demand, and a premier intown location on a highly desirable corner lot.
Positioned in one of Atlanta’s most established rental corridors, this asset includes a well-balanced unit mix:
8 One-bedroom / one-bath units
1 Two-bedroom / one-bath unit
1 Two-bedroom / two-bath unit
Each residence has been thoughtfully updated to support long-term tenancy and reduced maintenance needs.
The 1-bedroom units feature:
Refinished real hardwood flooring
Renovated kitchens and bathrooms
Stainless steel appliances
Granite countertops
In-unit washer/dryer
The larger 2-bedroom units include:
Luxury vinyl tile flooring
Updated kitchens with custom cabinetry
Stainless steel appliances
Renovated bathrooms
Modernized finishes throughout
Significant capital improvements enhance long-term durability and operational efficiency:
Updated electrical systems
10 newer water heaters
Newer HVAC systems
Roof approximately 12 years old (30-year life expectancy)
Separate gas and electrical meters for tenant utility separation
Full basement with dedicated storage units
Off-street parking with potential value-add via paving
Astro turf landscaping for low-maintenance exterior upkeep
Corner lot positioning in a high-demand rental area
Located in Virginia-Highland, the property offers immediate access to some of Atlanta’s most in-demand lifestyle and employment destinations, including:
Ponce City Market
Atlanta BeltLine Eastside Trail
Piedmont Park
Inman Park
Downtown Atlanta
This is a rare chance to acquire a stabilized, fully leased multifamily asset in one of Atlanta’s strongest rental markets. With updated systems, renovated interiors, and a premier location, this property offers both current income stability and long-term upside potential in a high-barrier-to-entry neighborhood.
Studio
8,986.43 Sq.Ft. lot