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Renovated Four-Unit Quadplex
New
For Sale
$600,000

389 Glenn Street SW, Atlanta, GA 30312

Four refreshed apartments are leased, each configured with two bedrooms and one bathroom.

Property SizeContact for details
Days on Market6

Property Features for 389 Glenn Street SW

General Information

Standard status Active
Property subtype Quadruplex

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Cap Rate 11%
Public Transit Yes

Taxes and HOA fees

Annual Taxes $8,146

Building Details

Year Built 1959
Buildings 1
Stories 2
Listing Agency: Keller Williams Buckhead
Listed By: Abbie Agents · License #311455
Source: Evatlanta
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:08PM

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 Keller Williams Buckhead

Investment Insights

Based on property information with market context.

This two-story quadplex, built in 1959, contains four apartments, each with two bedrooms and one bathroom. Recent work includes LVP flooring, replacement windows, updated lighting, white kitchen cabinets, granite counters, new bathroom vanities, and other refreshed finishes. The property reports an 11% cap rate and is leased.

At 389 Glenn Street SW in Atlanta, the property is near Atlanta’s HBCUs and next to the Centennial Yards development in the Gulch. Mercedes-Benz Stadium is within walking distance, while MARTA, downtown destinations, major highways, and employment centers are accessible from the area.

Key Highlights

  • Four apartments, each with 2 bedrooms and 1 bathroom
  • Two‑story property built in 1959
  • 11% cap rate

Property Analytics

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Current Use

Impeccable Press Car ... Car Wash

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon Fish Market Nursing Home

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,110
Businesses Nearby

Demographics for 30312, GA

25,435
Population
15,787
Households
1.6
Avg Household Size
34
Median Age
65%
College-Educated
92%
High-School Grad
3.3 sq mi
ZIP Area
7,708
Density / Sq Mi
$75,963
Median Household Income
$70,268
Median Earnings
$1,594
Median Rent
$493,800
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?
Quadplex - Four refreshed apartments are leased, each configured with two bedrooms and one bathroom.
Where is this quadplex located?
The property is located at 389 Glenn Street SW Atlanta, GA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; Two‑story property built in 1959; 11% cap rate
More about this property
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