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Renovated Quadplex
For Sale
$659,000

1061 M L King Jr Drive NW, Atlanta, GA 30314

Residential Income, Atlanta, GA

Property SizeContact for details
Lot Size0.15 Acres
Days on Market11

Property Features for 1061 M L King Jr Drive NW

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking 2
Parking features Assigned, Off Street
High school Booker T Washington
Directions Please us GPS.
Standard status Active
APN 14 011500100928
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4852

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1948
Floors in Building 1
Number of units 4
Listing Agency: eXp Realty
Listed By: James Stern
Added: Aug 19 Last Checked: Aug 29 at 9:06PM
MLS# 10828483

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This renovated quadplex contains four 1-bedroom, 1-bathroom residences within a 1948 building. The property is fully occupied, with Section 8 income supporting the current tenancy. Each unit is served by central heating and ceiling-fan cooling, while assigned and off-street parking provide on-site vehicle accommodations.

The property is located on M L King Jr Drive NW in Atlanta, within walking distance of the BeltLine, Washington Park, and a MARTA station. Public water and public sewer serve the building. Unit previews are available after an accepted contract, with leases provided for review during due diligence. The property may also be delivered with one unit vacant for an owner-occupant, subject to the stated transaction terms.

Key Highlights

  • Four 1 bed/1 bath units in a single quadplex building
  • Recently renovated and fully occupied
  • Section 8 income supports current tenancy

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

747
Businesses Nearby

Demographics for 30314, GA

20,598
Population
9,900
Households
2.1
Avg Household Size
29
Median Age
30%
College-Educated
84%
High-School Grad
4.6 sq mi
ZIP Area
4,478
Density / Sq Mi
$36,870
Median Household Income
$24,810
Median Earnings
$991
Median Rent
$210,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Compact multifamily property with assigned and off-street parking, central heating, and ceiling-fan cooling.
Where is this quadplex located?
The property is located at 1061 M L King Jr Drive NW Atlanta, GA.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Four 1 bed/1 bath units in a single quadplex building; Recently renovated and fully occupied; Section 8 income supports current tenancy
More about this property
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