Value-Add Multifamily Apartment
For Sale
$1,500,000
641 Powder Springs Street SE, Smyrna, GA 30080
Fourteen 1-bedroom units with central HVAC, separate water heaters, off-street parking, and on-site coin laundry.
Days on Market125
Property Features for 641 Powder Springs Street SE
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
14
Amenities
coin laundry room
basement storage
Building Details
Tenancy
Multi
Listing Agency:
Bull Realty
(404) 876-1640
Listed By:
Andy Lundsberg · License #256959
Source:
Commercialcafe
Added: Mar 31
Changed: Jul 23
Last Checked: Jul 23 at 10:54AM
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 Bull Realty
Investment Insights
Based on property information with market context.
The property is a 14-unit multifamily apartment complex made up of one-bedroom, one-bath residences, each with a large eat-in kitchen. The units are supported by central HVAC and separate water heaters. Common amenities include ample off-street parking and an on-site coin laundry room, along with a large basement area used for storage.
The complex is located in Smyrna, Georgia, just off South Cobb Drive, approximately half a mile from Campbell High School, with close proximity to nearby elementary and middle schools. The remarks also note easy access to Downtown Smyrna and Truist Park/The Battery Atlanta, as well as I-285 and I-75.
From an operations standpoint, the building is configured for resident convenience with on-site laundry and dedicated storage in the basement, while the current rent levels described in the remarks present a value-add direction for a new owner through interior cosmetic improvements.
The complex is located in Smyrna, Georgia, just off South Cobb Drive, approximately half a mile from Campbell High School, with close proximity to nearby elementary and middle schools. The remarks also note easy access to Downtown Smyrna and Truist Park/The Battery Atlanta, as well as I-285 and I-75.
From an operations standpoint, the building is configured for resident convenience with on-site laundry and dedicated storage in the basement, while the current rent levels described in the remarks present a value-add direction for a new owner through interior cosmetic improvements.
Key Highlights
- Complex in Smyrna, GA with 14 one‑bedroom, one‑bath units
- Each unit features central HVAC and a separate water heater
- Large eat‑in kitchens in all units
Property Analytics
Current Use
Lease Details
14
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
825
Businesses Nearby
Explore this area
Business Placement
Demographics for 30080, GA
52,125
Population
27,081
Households
1.9
Avg Household Size
35
Median Age
58%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
4,137
Density / Sq Mi
$87,949
Median Household Income
$59,267
Median Earnings
$1,660
Median Rent
$409,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fourteen 1-bedroom units with central HVAC, separate water heaters, off-street parking, and on-site coin laundry.
Where is this apartment building located?
The property is located at 641 Powder Springs Street SE Smyrna, 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: Complex in Smyrna, GA with 14 one‑bedroom, one‑bath units; Each unit features central HVAC and a separate water heater; Large eat‑in kitchens in all units
