Multifamily Investment Opportunity Near
208 Doane Street, Atlanta, GA 30315
- Added:
- Mar 19, 2025
- Days on Market:
- 429
- Last Refresh:
- May 21 at 3:06 pm
Property Features for 208 Doane Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 14 007400020828
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 13839
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Building materials
- Brick
Listing agent Stephan Dickie (404) 435-8149
Listing office Atlanta Leasing & Investment 551 Page Avenue, Atlanta, GA (404) 348-4448
Listing date Mar 19, 2025
MLS# 10482025
Listing URL
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.
HighLights
- Value‑add opportunity near Mercedes‑Benz Stadium, Georgia State University, and a BeltLine entrance.
- Significant repositioning potential after a building fire; structure intact.
- Seller is open to a meaningful price reduction.
- Zoned SPI‑18 SA6, allowing for 10 two‑bedroom, one‑bathroom units.
- Located near transformative developments like Centennial Yards and the South Downtown Revitalization.
- Proximity to FIFA World Cup match locations, suggesting future growth potential.
Overview
Located near Mercedes-Benz Stadium, Georgia State University, and a BeltLine entrance, the multifamily property at 208 Doane Street presents a compelling investment opportunity within a rapidly evolving submarket. The area is expected to experience continued growth, especially with Atlanta hosting FIFA World Cup matches. The property is situated near transformative developments, including Centennial Yards and the South Downtown Revitalization. In March 2025, a fire impacted several interior units; however, the structure remains intact, with the exterior largely unaffected and no material structural compromise. Zoned SPI-18 SA6, the existing structure can support 10 units, each configured as two-bedroom, one-bathroom apartments. This asset is offered as a value-add opportunity. The seller is open to a meaningful price reduction from the original list price, creating a compelling basis for investors seeking repositioning potential in a high-growth Atlanta submarket. The lot size is 0.219 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Doane Street Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.394868
- Latitude
- 33.730751
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Multifamily property near Mercedes-Benz Stadium with value-add potential.
Where is this apartment building located?
The property is located at 208 Doane Street Atlanta, GA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Value‑add opportunity near Mercedes‑Benz Stadium, Georgia State University, and a BeltLine entrance.; Significant repositioning potential after a building fire; structure intact.; Seller is open to a meaningful price reduction.
