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Renovated Triplex With Private Porches
For Sale
$1,399,500

449 Greenwood Avenue NE, Atlanta, GA 30308

Three separately metered residences feature custom finishes, gourmet kitchens, spa-style bathrooms, and private outdoor living areas.

Property SizeContact for details
Days on Market117

Property Features for 449 Greenwood Avenue NE

General Information

Standard status Active
Property subtype Triplex

Financials

Cap Rate 8%
Gross Income $219,891

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Furnished No
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $20,597

Amenities

private outdoor living area
Google Wifi and Smart Home Nest Systems
tankless water heaters
LED lighting
low flow toilets
fully stocked gourmet kitchens
spa-like tiled bathrooms
wide front porch
separately metered

Building Details

Year Built 1918
Year Renovated 2019
Buildings 1
Listing Agency: REMAX Metro Atlanta Cityside
Listed By: CHAD POLAZZO · License #295507
Source: Evatlanta
Added: Apr 17 Changed: Aug 4 Last Checked: Aug 10 at 9:42AM

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 REMAX Metro Atlanta Cityside

Investment Insights

Based on property information with market context.

Built in 1918 and comprehensively renovated in 2019, this three-unit property combines historic character with individually designed interiors. Each residence includes a gourmet kitchen, tiled spa-style bathroom, private outdoor living area, front porch, independent systems, and separate metering. Interior details include Italian-built gas ranges, hammered brass plumbing fixtures, custom Moroccan tile, designer lighting, and a 35-bottle wine fridge. Tankless water heaters, LED lighting, low-flow toilets, Google Wifi, and Nest Smart Home systems add modern functionality.

Located at 449 Greenwood Avenue NE in Atlanta’s Midtown area, the property provides walkable access to Piedmont Park, Ponce City Market, and the Beltline, along with nearby shopping, dining, and entertainment. Interstate access is convenient, and the airport is reachable in less than 20 minutes. Floor plans vary among the three residences, supporting short- or long-term rental use as described in the property information.

Key Highlights

  • Three distinct residential units, each with a private outdoor living area and wide front porch
  • Completely renovated in 2019; original construction dates to 1918
  • Independent systems and separate metering for all units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Electrical Service Mobile Phone Store Plumbing Service Restaurant

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

3
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,178
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separately metered residences feature custom finishes, gourmet kitchens, spa-style bathrooms, and private outdoor living areas.
Where is this triplex located?
The property is located at 449 Greenwood Avenue NE Atlanta, GA.
What is the asking price?
The asking price for this property is $1,399,500.
What are key features of this property?
This property features: Three distinct residential units, each with a private outdoor living area and wide front porch; Completely renovated in 2019; original construction dates to 1918; Independent systems and separate metering for all units
More about this property
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