Listing Agency: Realty ONE Group Terminus a***@oneterminus.com Show Phone

Listed By: Adrian Provost · License #GA 78941

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 11:31AM

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Investment Insights

Based on property information with market context.

This 5-unit apartment property is located at 623 Griffin St NW in Atlanta’s West Midtown submarket. The current ownership completed a full renovation over the past 24 months and increased rents during that period.

The property is positioned as a multifamily asset for investors seeking an apartment building with recent improvement work and documented rent growth.

Key Highlights

• 5‑unit multifamily property
• Located in Atlanta’s West Midtown submarket
• Full renovation completed over the past 24 months

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Veterinary Clinic 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

5

Residential units

Location Intelligence

Trade Area within ½ mile

2,072

Businesses Nearby

Explore this area Business Placement

Demographics for 30318, GA

60,392

Population

29,993

Households

2

Avg Household Size

31

Median Age

54%

College-Educated

92%

High-School Grad

20.3 sq mi

ZIP Area

2,975

Density / Sq Mi

$79,222

Median Household Income

$53,455

Median Earnings

$1,702

Median Rent

$395,100

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property in Atlanta’s West Midtown submarket with completed renovation work.

Where is this apartment building located?

The property is located at 623 Griffin St NW Atlanta, GA.

What are key features of this property?

This property features: 5‑unit multifamily property; Located in Atlanta’s West Midtown submarket; Full renovation completed over the past 24 months