Multifamily Investment Property in
For Sale
Contact for pricing
Pending
512 Lindsay St NW, Atlanta, GA 30314
10-unit multifamily property with strong income and growth potential.
Property SizeContact for details
Days on Market933
Property Features for 512 Lindsay St NW
General Information
Standard status
Pending
Class
C
Property subtype
Multifamily
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$108,134
Building Details
Units
10
Listing Agency:
Real Time Realty Of Georgia, LLC.
(678) 310-9360
Listed By:
Dave Alleyne · License #321130
Source:
Crexi
Added: Feb 9, 2024
Changed: Aug 14
Last Checked: Aug 29 at 2:35PM
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 Real Time Realty Of Georgia, LLC.
Investment Insights
Based on property information with market context.
Located in the English Avenue neighborhood, this 10-unit multifamily investment property at 512 Lindsey St NW, Atlanta, GA 30318, is 100% occupied. The property generates a gross scheduled income of $131,016 annually and a net operating income of $108,133.61 annually. The area is undergoing a full-scale transformation driven by public and private investment, including the Atlanta BeltLine Westside Connector Trail expansion. Nearby developments include Echo Street West, a 19-acre mixed-use destination with office, retail, restaurant space, and residential units, and Herndon Square, a mixed-use project delivering rental units, townhomes, and a grocery store. Westside Future Fund initiatives are also supporting long-term affordability and revitalization. The property benefits from its proximity to the BeltLine Westside Connector and its location minutes from Downtown, Midtown, and Westside employment centers. This stabilized asset offers consistent rent collections and professional management, presenting a combination of in-place cash flow and long-term appreciation potential tied to location and redevelopment momentum.
Key Highlights
- 100% Occupancy: Fully occupied 10‑unit multifamily property providing immediate and consistent cash flow.
- Strong NOI: Generates a substantial Net Operating Income (NOI) of $108,133.61 annually.
- Prime Location: Situated in English Avenue, an area undergoing rapid revitalization and significant investment.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,797
Businesses Nearby
Explore this area
Business Placement
Demographics for 30314, GA
20,598
Population
9,900
Households
2.1
Avg Household Size
29
Median Age
30%
College-Educated
84%
High-School Grad
4.6 sq mi
ZIP Area
4,478
Density / Sq Mi
$36,870
Median Household Income
$24,810
Median Earnings
$991
Median Rent
$210,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 10-unit multifamily property with strong income and growth potential.
Where is this apartment building located?
The property is located at 512 Lindsay St NW Atlanta, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 100% Occupancy: Fully occupied 10‑unit multifamily property providing immediate and consistent cash flow.; Strong NOI: Generates a substantial Net Operating Income (NOI) of $108,133.61 annually.; Prime Location: Situated in English Avenue, an area undergoing rapid revitalization and significant investment.
