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5-Unit Short-Term Rental Portfolio
New
For Sale
$1,499,000

215 Piedmont Avenue NE, Atlanta, GA 30308

Furnished condominium residences are in a building that allows short-term rental use.

Property SizeContact for details
Days on Market2

Property Features for 215 Piedmont Avenue NE

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Furnished Yes
Gross Income $96,000
Multifamily Units 5

Building Details

Year Built 1963
Listing Agency: Chapman Hall Realtors Alpharetta
Listed By: Intown Elite
Source: Intownelite
Added: Sep 26 Last Checked: Sep 26 at 6:14AM

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 Chapman Hall Realtors Alpharetta

Investment Insights

Based on property information with market context.

This offering combines five condominium units with short-term rental use permitted at The Landmark Condominiums. The portfolio contains 8 bedrooms and 5 bathrooms across units 301, 404, 807, 1003, and 1004. The residences have been renovated and furnished, with updated kitchens, stainless steel appliances, modern finishes, and living areas. The building dates to 1963.

At 215 Piedmont Avenue NE in downtown Atlanta, the property is near Mercedes-Benz Stadium, World of Coca-Cola, Centennial Olympic Park, and the Georgia World Congress Center. Nightlife destinations are also identified among the nearby attractions.

Key Highlights

  • Five condominium units with short‑term rentals permitted in the building
  • Portfolio includes 8 bedrooms and 5 bathrooms
  • Renovated and furnished units with updated kitchens and stainless steel appliances

Property Analytics

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Current Use

Landmark Condominium Condominium Complex Georgia Alcohol Dealers ... Association / Organization Air B&B Bed & Breakfast The Mortgage Blueprint LLC Loan Service The Creative Vanguard Photography Photography Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Buffet Veterinary Clinic Adult Day Care

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

11,522
Businesses Nearby

Demographics for 30308, GA

22,121
Population
16,007
Households
1.4
Avg Household Size
32
Median Age
74%
College-Educated
97%
High-School Grad
1.6 sq mi
ZIP Area
13,826
Density / Sq Mi
$82,420
Median Household Income
$64,696
Median Earnings
$1,824
Median Rent
$387,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Short term rental property - Furnished condominium residences are in a building that allows short-term rental use.
Where is this short term rental property located?
The property is located at 215 Piedmont Avenue NE Atlanta, GA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Five condominium units with short‑term rentals permitted in the building; Portfolio includes 8 bedrooms and 5 bathrooms; Renovated and furnished units with updated kitchens and stainless steel appliances
More about this property
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