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Brick Quadplex with Expansion Potential
For Sale
$1,090,000

479 KELLY Street SE, Atlanta, GA 30312

Residential Income, Atlanta, GA

Property SizeContact for details
Lot Size0.16 Acres
Days on Market157

Property Features for 479 KELLY Street SE

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Window features Insulated Windows
Fencing Fenced
Subdivision Grant Park
Lot features Corner Lot, Flag Lot, Level
View City
Elementary school Fulton - Other
Middle school Martin L. King Jr.
High school Maynard Jackson
Directions Use GPS
Standard status Active
APN 14 005300081601
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5519

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Other (Heating)
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1961
Floors in Building 2
Number of units 4
Flooring type Laminate, Tile - Ceramic
Building materials Brick 4 Sides
Roof type Composition
Listing Agency: Keller Williams Realty Intown ATL
Listed By: Ryan Sconyers
Added: Apr 29 Changed: Sep 15 Last Checked: Oct 2 at 4:06PM
MLS# 7761528

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 1961 quadplex contains four residential units in a brick exterior building with laminate and ceramic tile flooring. Three apartments have long-term tenants in place, while Unit 1 is vacant for showings. Heating is provided by other heating equipment, and individual wall units provide cooling. The property includes a fenced 0.163-acre lot, composition roofing, public water, public sewer, and cable availability.

The property is identified at 479 Kelly Street SE in Atlanta and is described as being near Grant Park and Summerhill, with walking access to Grant Park and the Beltline. City approval is identified as the condition for developing two additional rear units, providing a defined expansion concept for future planning.

Key Highlights

  • Four‑unit quadplex built in 1961
  • Three of four apartments have long‑term tenants; Unit 1 is vacant for showings
  • Potential for 2 additional rear units with City Approval

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith Butcher Storage Facility Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,039
Businesses Nearby

Demographics for 30312, GA

25,435
Population
15,787
Households
1.6
Avg Household Size
34
Median Age
65%
College-Educated
92%
High-School Grad
3.3 sq mi
ZIP Area
7,708
Density / Sq Mi
$75,963
Median Household Income
$70,268
Median Earnings
$1,594
Median Rent
$493,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Four-unit residential property with three occupied apartments and public water and sewer.
Where is this quadplex located?
The property is located at 479 KELLY Street SE Atlanta, GA.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 1961; Three of four apartments have long‑term tenants; Unit 1 is vacant for showings; Potential for 2 additional rear units with City Approval
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