Atlanta Multifamily Investment
690 Cameron M. Alexander Boulevard NW Atlanta, GA 30318
690 Cameron M. Alexander Boulevard NW, Atlanta, GA, 30318
$899,999
For Sale
$899,999
COMMERCIAL - Atlanta, GA
Property Size3,290 SF
Lot Size0.27 Acres
Price / SF$273.56
Days on Market161
Property Features for 690 Cameron M. Alexander Boulevard NW
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 6
- Parking features
- Parking Lot
- Fencing
- Fenced
- Standard status
- Active
- APN
- 14 011100060076
- Size
- 3,290 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8097
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Private
Building Details
- Year built
- 1952
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
Realty ONE Group Terminus
(404) 635-6420
191 Peachtree St NE Suite 1400, Atlanta, GA
Listed by
Hallel Simpson
(910) 604-5937
Added: Feb 7 Checked: Jul 18 at 5:06 am
MLS# 10691667
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 income-producing 7-unit building is located approximately 1.2 miles from Mercedes-Benz Stadium, a future World Cup hub and year-round events destination, in Atlanta, GA. Situated in an Opportunity Zone in English Avenue, the property offers a combination of in-place cash flow and potential upside from ongoing Westside redevelopment, the Westside BeltLine Connector, and nearby mixed-income and workforce housing projects. The property features classic brick construction and includes seven 1-bed/1-bath units and on-site parking. It provides convenient access to downtown, Georgia Tech, the Atlanta University Center (Clark Atlanta, Morehouse, Spelman), Westside Park, and the Georgia World Congress Center. The property is positioned to benefit from both neighborhood transformation and World Cup-driven demand. The lot size is 0.266 acres. The building has a total area of 3290 square feet.
Key Highlights
- Income‑producing 7‑unit building in a high‑growth intown corridor.
- Located in an Opportunity Zone with potential for significant upside from Westside redevelopment.
- Proximity to Mercedes‑Benz Stadium, a future World Cup hub.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.6k | $23.28 |
| − Vacancy | −$4.7k | −$1.44 |
| EGI | $71.8k | $21.84 |
| − OpEx | −$32.3k | −$9.83 |
| NOI | $39.5k | $12.01 |
3,290 SF · lease $23.28/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$564.5K
$493.9K – $658.6K
NOI $39,513 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$919.7K
$804.7K – $1.07M
NOI $64,378 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Income-producing 7-unit building near Mercedes-Benz Stadium and future developments.
Where is this apartment building located?
The property is located at 690 Cameron M. Alexander Boulevard NW Atlanta, GA.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Income‑producing 7‑unit building in a high‑growth intown corridor.; Located in an Opportunity Zone with potential for significant upside from Westside redevelopment.; Proximity to Mercedes‑Benz Stadium, a future World Cup hub.
