Fourplex with Expansion Potential

479 KELLY Street SE, Atlanta, GA 30312

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For Sale

$1,175,000

MULTI_FAMILY - Atlanta, GA

Lot size:

0.16 Acres

HighLights

Income‑producing quadplex in a desirable location near Grant Park and Summerhill.
Opportunity to build 2 additional units for increased income potential.
Excellent rental income with future upside potential.
Three of four units have long‑term, reliable tenants.
Walking distance to Grant Park and the Beltline.
Large off‑street parking lot.

We can help!

Listing Contact

Ryan Sconyers

For Sale

$1,175,000

MULTI_FAMILY - Atlanta, GA

Lot size:

0.16 Acres

Added:: Apr 29, 2026
Days on Market:: 55
Last Refresh:: Jun 22 at 4:06 pm

Property Features for 479 KELLY Street SE

General Information

Property type: Residential Multi Family
Property subtype: Other
Window features: Insulated Windows
Fencing: Fenced
Standard status: Active
APN: 14 005300081601
Lot size: 0.16 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 5519

Utilities

Utilities: Cable Available
Sewer type: Public Sewer
Heating system: Other (Heating)
Cooling system: Wall Unit(s)
Water source: Public

Building Details

Year built: 1961
Floors in Building: 2
Number of units: 4
Flooring type: Tile - Ceramic, Laminate
Building materials: Brick 4 Sides
Roof type: Composition

We can help!

Listing Contact

Ryan Sconyers

Listing agent Ryan Sconyers

Listing office Keller Williams Realty Intown ATL 621 North Ave NE Suite-C50, Atlanta, GA

Listing date Apr 29, 2026

MLS# 7761528 Listing URL

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.

HighLights

Income‑producing quadplex in a desirable location near Grant Park and Summerhill.
Opportunity to build 2 additional units for increased income potential.
Excellent rental income with future upside potential.
Three of four units have long‑term, reliable tenants.
Walking distance to Grant Park and the Beltline.
Large off‑street parking lot.

Overview

This quadplex (fourplex) at 479 Kelly Street contains four apartment units, with Unit 1 currently vacant and available for showings. The property is described as stabilized, with three of the four units having long-term tenants in place. The building is presented as well-maintained, and the layout includes a large off-street parking area, with street parking also available.

The offering is located near Grant Park and Summerhill, with the remarks noting proximity to the Beltline and walking access to Grant Park. Parking is characterized as street parking, supported by the on-site off-street parking lot.

For investors or owner-operators seeking residential income, the current tenant situation provides immediate occupancy for three units while Unit 1 supports flexible viewing and potential lease-up. The property also includes an identified opportunity to build two additional units in the rear, subject to city approval. This combination of existing income and expansion planning may fit buyers looking to manage both current operations and future configuration within the same parcel.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Atlanta
County: Cobb
State: Georgia
Longitude: -84.380819
Latitude: 33.741584

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For sale
Quadplexes
GA
Atlanta
30312
479 KELLY Street SE

What type of property is this?

Quadplex - Stabilized quadplex with three long-term tenants and an option, pending city approval, to add two rear units.

Where is this quadplex located?

The property is located at 479 KELLY Street SE Atlanta, GA.

What is the asking price?

The asking price for this property is $1,175,000.

What are key features of this property?

This property features: Income‑producing quadplex in a desirable location near Grant Park and Summerhill.; Opportunity to build 2 additional units for increased income potential.; Excellent rental income with future upside potential.

479 KELLY Street SE, Atlanta, GA 30312

MULTI_FAMILY - Atlanta, GA

Property Features for 479 KELLY Street SE

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Light Industrial Building

Freestanding Brick Commercial Building

Office Building with Multiple Entrances

Versatile Office Building

Multi-Tenant Office Investment Opportunity

Atlanta Commercial Property Renovation Opportunity

Turnkey Restaurant and Bar

Craftsman Farmhouse in Hampton Preserve

Freestanding Light Industrial Building

Freestanding Brick Commercial Building

Freestanding Brick Commercial Building

Retail/Restaurant Building With Lot

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