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3-Unit Triplex on Corner Lot
For Sale
$469,000

1352 Avon Avenue SW, Atlanta, GA 30310

A mix of one- and two-bedroom residences offers multiple unit configurations.

Property Size2,166 SF
Lot Size0.43 Acres
Price / SF$216.53
Days on Market8

Property Features for 1352 Avon Avenue SW

General Information

Standard status Active
Size 2,166 SF
Lot size 0.43 Acres
Property subtype Triplex

Site & Location

Neighborhood Venetian Hills
Public Transit Yes

Additional Details

Multifamily Units 3
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,030

Building Details

Year Built 1920
Listing Agency: Compass
Listed By: Kesha Williams · License #325434
Source: Beacham
Added: Oct 22 Changed: Oct 25 Last Checked: Oct 28 at 4:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

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Investment Insights

Based on property information with market context.

Built in 1920, this Atlanta triplex contains three residential units across approximately 2,166 square feet. The unit mix includes one- and two-bedroom layouts, and the property occupies a 0.43-acre corner parcel. Two units are occupied.

The property is in Atlanta’s West End, near the Atlanta BeltLine’s Westside Trail, West End MARTA Station, and Atlanta University Center. Downtown Atlanta is also accessible from the area.

Key Highlights

  • Three residential units totaling approximately 2,166 square feet
  • Unit mix includes one- and two‑bedroom layouts
  • 0.43‑acre corner lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,791
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,820 $515.8K
Cap Rate 7%
$368,443 $368.4K
Cap Rate 9%
$286,567 $286.6K
Market Conditions
NOI Build-Up for 2,166 SF
Gross rent
$39.0K $18.00/SF
− Vacancy
−$2.1K −$0.99/SF
EGI
$36.8K $17.01/SF
− OpEx
−$11.1K −$5.10/SF
NOI
$25.8K $11.91/SF
Area
Atlanta, GA
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,820
Cap Rate 7%
$368,443
Cap Rate 9%
$286,567

Alternative Uses

Best Use
Multifamily LT 5
$368.4K
$322.4K – $429.9K (±1% cap)
NOI $25,791 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$341.3K
$298.7K – $398.2K (±1% cap)
NOI $23,892 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$605.5K
$529.8K – $706.4K (±1% cap)
NOI $42,384 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

299
Businesses Nearby

Demographics for 30310, GA

27,365
Population
14,033
Households
2
Avg Household Size
37
Median Age
34%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
3,182
Density / Sq Mi
$45,542
Median Household Income
$36,726
Median Earnings
$1,099
Median Rent
$295,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - A mix of one- and two-bedroom residences offers multiple unit configurations.
Where is this triplex located?
The property is located at 1352 Avon Avenue SW Atlanta, GA.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Three residential units totaling approximately 2,166 square feet; Unit mix includes one- and two‑bedroom layouts; 0.43‑acre corner lot
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