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Quadplex with Rear Expansion Potential
For Sale
$1,175,000

479 KELLY Street SE, Atlanta, GA 30312

MULTI_FAMILY - Atlanta, GA

Property SizeContact for details
Lot Size0.16 Acres
Days on Market70

Property Features for 479 KELLY Street SE

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Off Street
Subdivision Grant Park
Middle school King
High school MH Jackson Jr
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

Sewer type Public Sewer
Heating system Floor Furnace
Cooling system Electric, Window Unit(s)
Water source Public

Building Details

Year built 1961
Floors in Building 2
Number of units 4
Building materials Brick
Listing Agency: Keller Williams Realty
Listed By: Ryan P Sconyers
Added: Jun 4 Changed: Jul 28 Last Checked: Aug 12 at 8:06AM
MLS# 10778408

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 quadplex offers four residential units, with Unit 1 currently vacant and available for showings. The property is described as stabilized and income-producing, and three of the four units have long-term tenants in place. The apartments are characterized as comfortable and well-maintained, and the site includes a large off-street parking area. The seller also notes the ability to build two additional units in the rear, creating a potential pathway to expand the property’s footprint.

The address is 479 KELLY Street SE in Atlanta, GA. The property is positioned near Grant Park and Summerhill, and the remarks describe it as within walking distance to Grant Park and the Beltline. Parking is noted as street parking, and there is also mention of an off-street parking lot on-site.

For buyers or operators seeking a small multifamily asset, this configuration can appeal for straightforward near-term occupancy, given that three units are already tenant-occupied. The vacant Unit 1 can support practical touring and evaluation, while the stated rear build option may be relevant for buyers planning for phased expansion or long-range redevelopment. The combination of a multi-unit mix and on-site parking should also be considered for tenant continuity and day-to-day livability.

Key Highlights

  • Brick quadplex (fourplex) built in 1961
  • Public water and public sewer
  • Off‑street parking available

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith Butcher Storage Facility Furniture & Home Goods

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

Multi-tenant
Tenancy

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

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 - Four-unit quadplex with three long-term tenants and option to add two rear units.
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 $1,175,000.
What are key features of this property?
This property features: Brick quadplex (fourplex) built in 1961; Public water and public sewer; Off‑street parking available
More about this property
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