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    600 Parkway Dr NE Atlanta, GA 30308

    Under Contract
    For Sale
    $2,900,000

    MULTI_FAMILY - Atlanta, GA

    Lot size:
    0.34 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 600 Parkway Dr NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Basement
    APN
    14 004700020095
    Parking
    9
    Parking features
    Off Street
    Lot size
    0.34 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Central, Forced Air, Natural Gas, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    1
    Number of units
    12
    Building materials
    Brick, Stucco

    Engel & Volkers Atlanta (404) 845-7724 [email protected]

    Listing agent Andy Griffith (404) 845-7724

    Listing date Nov 11, 2025

    Copyright © 2025 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.

    Overview

    Atlanta Multifamily Investment Opportunity

    This 12-unit multifamily property is situated in an ideal intown location between Ponce City Market and The Fox Theater. Eleven of the twelve units are currently rented, with ten having been renovated in the past 3-4 years. Renovations include updated bathrooms and kitchens with granite countertops, stainless steel appliances, washer/dryers, lighting, and LVP flooring. The roof is approximately 10 years old, and the property features multiple new or newer HVAC systems. The location provides easy access to MARTA, restaurants, shopping, and Fourth Ward Park. The property offers twelve varying opportunities ranging from 1 to 3 bedrooms and 1 to 2 bathrooms. It is suitable for residential investment, a land play for possible future assemblage, or a high-rise development opportunity due to the current zoning. The property is located on a 0.344-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.373148
    Latitude
    33.770946

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    FAQs

    What type of property is this?
    Apartment building - Irreplaceable 12-unit asset near Ponce City Market and Fox Theater.
    Where is this apartment building located?
    The property is located at 600 Parkway Dr NE Atlanta, GA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Prime location between Ponce City Market and The Fox Theater.; - Easy cash flow with long-term rental growth potential.; - 11 out of 12 units currently rented.
    (404) 845-7724
    Request Owner's contact information
    600 Parkway Dr NE Atlanta, GA 30308
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    600 Parkway Dr NE Atlanta, GA 30308
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