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Eight-Unit Apartment Building
For Sale
$1,650,000

887 Myrtle Street NE, Atlanta, GA 30309

MULTI_FAMILY - Atlanta, GA

Property SizeContact for details
Lot Size0.18 Acres
Days on Market196

Property Features for 887 Myrtle Street NE

General Information

Property type Residential Multi Family
Property subtype Other
Window features Wood Frames
Subdivision PARKERSON WOODS
Lot features Private, Sloped
View City
Elementary school Virginia-Highland
Middle school David T Howard
High school Midtown
Directions Use GPS. South side of Piedmont Park
Standard status Active
APN 14 004900030258
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 24430

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Other (Heating)
Cooling system Window Unit(s), Ceiling Fan(s), Central Air
Water source Public

Building Details

Year built 1910
Floors in Building 2
Number of units 1
Flooring type Hardwood
Building materials Frame
Roof type Composition
Listing Agency: Harry Norman Realtors
Listed By: Michelle Hollberg · License #271240
Added: Jan 29 Changed: Aug 1 Last Checked: Aug 13 at 4:06PM
MLS# 7711033

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 eight-unit apartment building was built in 1910 and features frame construction with hardwood flooring. The property includes heating described as central and other (heating), plus cooling from window unit(s), ceiling fans, and central air. The roof is composition.

Updates called out for the property include new electrical updates with fully separated meters and a new roof. The unit mix includes one 3/2 and two 2-bedroom units, along with several 1-bedroom units of various sizes. Cable is available, and utilities are listed as public water and public sewer.

Set on a 0.181-acre lot, this Midtown-area income property is presented with professional management already in place.

Key Highlights

  • Eight‑unit apartment building with frame construction
  • Unit mix includes one 3/2, two 2‑bedroom units, and several 1‑bedroom units
  • New electrical updates with fully separated meters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Florist (Bike/Boat/Book/etc) Store Nursing Home Plumbing Service Fish Market Electrical 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

8
Residential units

Location Intelligence

Trade Area within ½ mile

7,831
Businesses Nearby

Demographics for 30309, GA

31,856
Population
20,558
Households
1.5
Avg Household Size
34
Median Age
84%
College-Educated
98%
High-School Grad
3.3 sq mi
ZIP Area
9,653
Density / Sq Mi
$111,894
Median Household Income
$81,517
Median Earnings
$2,123
Median Rent
$414,700
Median Home Value

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?
Apartment building - Eight-unit apartment building with hardwood floors, central HVAC, and fully separated electrical meters.
Where is this apartment building located?
The property is located at 887 Myrtle Street NE Atlanta, GA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Eight‑unit apartment building with frame construction; Unit mix includes one 3/2, two 2‑bedroom units, and several 1‑bedroom units; New electrical updates with fully separated meters
More about this property
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