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Renovated Quadruplex in Atlanta

235 Walnut Street NW Atlanta, GA 30314

235 Walnut Street NW, Atlanta, GA, 30314
$650,000
For Sale
$650,000

MULTI_FAMILY - Atlanta, GA

Lot Size0.13 Acres
Days on Market113

Property Features for 235 Walnut Street NW

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway
Standard status
Active
APN
14 008300011842
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
5444

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Water front features
Pond

Building Details

Year built
1955
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Brick
Roof type
Shingle
Listing Agency HomeSmart
10900 Crabapple Road, Atlanta, GA
Listed by Chaz Jenkins
Added: Mar 26 Checked: Jul 16 at 7:06 pm
MLS# 7742377 Listing URL

Copyright © 2026 First Multiple Listing Service, Inc. 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 studio quadruplex in Atlanta is an income-producing property with both immediate cashflow and significant long-term development upside. It generates returns through a mix of Airbnb and long-term rental income, giving investors the flexibility to capitalize on multiple revenue streams. There is room to push rents and further increase net operating income. The property sits on a lot with the potential to develop 4-5 modern townhomes. This dual-path investment offers cashflow now and major upside later. The property is positioned in the heart of Atlanta's most transformative growth zone, within the same vicinity as Centennial Yards development, The Gulch redevelopment, Georgia World Congress Center, and Mercedes-Benz Stadium. This area is experiencing billions in public and private investment, creating sustained demand for short-term rentals, long-term housing, and new construction. The property sits on the edge of a newly renovated public park featuring water elements, green space, and kid-friendly amenities. It is a strategic foothold in one of Atlanta's fastest-growing investment corridors. The lot size is 0.1304 acres.

Key Highlights

  • Income‑producing quadruplex with immediate cash flow from Airbnb and long‑term rentals.
  • Significant long‑term development potential to build 4‑5 townhomes on a desirable lot.
  • Prime location in Atlanta's rapidly growing investment corridor near Centennial Yards, The Gulch, GWCC, and Mercedes‑Benz Stadium.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Acupuncture Butcher Pet Grooming Service (Bike/Boat/Book/etc) Store Adult Day Care Farmer's Market (Bike/Boat/Book/etc) Store Wine and Liquor Store Pet Store Pet Store & Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Income-producing property with development potential in a rapidly appreciating corridor.
Where is this quadplex located?
The property is located at 235 Walnut Street NW Atlanta, GA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Income‑producing quadruplex with immediate cash flow from Airbnb and long‑term rentals.; Significant long‑term development potential to build 4‑5 townhomes on a desirable lot.; Prime location in Atlanta's rapidly growing investment corridor near Centennial Yards, The Gulch, GWCC, and Mercedes‑Benz Stadium.
Contact an agent
More about this property
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