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Four-Unit Quadplex with Driveway
New
For Sale
$659,000

1061 M L King Jr Drive NW, Atlanta, GA 30314

Residential Income, Atlanta, GA

Property SizeContact for details
Lot Size0.15 Acres
Days on Market3

Property Features for 1061 M L King Jr Drive NW

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking 2
Parking features Driveway
Window features Wood Frames
Elementary school Fulton - Other
Middle school Fulton - Other
High school Booker T. Washington
Directions Please us GPS.
Standard status Active
APN 14 011500100928
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4852

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1948
Floors in Building 1
Listing Agency: EXP Realty, LLC.
Listed By: Jim Stern
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 21 at 6:06AM
MLS# 7823723

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.

Built in 1948, this quadplex contains four one-bedroom units and is positioned as a renovation project. The property includes central heating, ceiling fan cooling, a driveway, public water, public sewer, and water availability. The parcel encompasses 0.1497 acres.

The property is within walking distance of the BeltLine, Washington Park, and a MARTA station. Washington Park amenities include tennis courts, a natatorium, and picnic areas. Downtown Atlanta and Mercedes-Benz Stadium are also identified in the surrounding context.

Key Highlights

  • Four one‑bedroom units in a quadplex configuration
  • Renovation project with 1948 construction
  • 0.1497‑acre parcel

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

747
Businesses Nearby

Demographics for 30314, GA

20,598
Population
9,900
Households
2.1
Avg Household Size
29
Median Age
30%
College-Educated
84%
High-School Grad
4.6 sq mi
ZIP Area
4,478
Density / Sq Mi
$36,870
Median Household Income
$24,810
Median Earnings
$991
Median Rent
$210,300
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?
Quadplex - Four one-bedroom residences require renovation and include central heating with ceiling fan cooling.
Where is this quadplex located?
The property is located at 1061 M L King Jr Drive NW Atlanta, GA.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Four one‑bedroom units in a quadplex configuration; Renovation project with 1948 construction; 0.1497‑acre parcel
More about this property
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