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Renovated Apartment Building in Poncey Highland
For Sale
$3,200,000

678 Moreland Avenue, Atlanta, GA 30306

Ten-unit apartment building in a sought-after Atlanta neighborhood.

Property SizeContact for details
Days on Market254

Property Features for 678 Moreland Avenue

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Bull Realty
Listed By: Andy Lundsberg
Source: Bullrealty
Added: Nov 25, 2025 Changed: Jul 6 Last Checked: Aug 5 at 5:12AM

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.

This renovated 10-unit apartment building is located in the Poncey Highland neighborhood. The building, originally constructed in the 1950s, has been completely renovated with new interiors, wiring, plumbing, and HVAC systems. The spacious units feature contemporary finishes, including white cabinetry, granite countertops, and stainless steel appliances. All units include in-unit laundry, and some have eat-in kitchens and separate sunrooms with natural light. The property is situated on a site just under half an acre, offering potential for additional development. The location provides access to restaurants, bars, and shops on North Highland Avenue in Virginia Highlands, as well as proximity to Little Five Points. Freedom Park provides access to Inman Park, the Eastside BeltLine Trail, Ponce City Market, and Old Fourth Ward Park. The average household income within a 1-mile radius is $142,935. The unit mix includes one, two, and three-bedroom apartments. There is extra storage space available in the basement.

Key Highlights

  • Newly gut‑renovated 10‑unit apartment building with all new interiors, wiring, plumbing, and HVAC.
  • Located in the highly desirable Poncey‑Highland neighborhood.
  • Potential for future development with extra land available.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Parts Store Electrical Service Nursing Home Butcher Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,412
Businesses Nearby

Demographics for 30306, GA

25,053
Population
12,182
Households
2.1
Avg Household Size
36
Median Age
83%
College-Educated
97%
High-School Grad
4.6 sq mi
ZIP Area
5,446
Density / Sq Mi
$133,085
Median Household Income
$82,692
Median Earnings
$1,796
Median Rent
$797,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Ten-unit apartment building in a sought-after Atlanta neighborhood.
Where is this apartment building located?
The property is located at 678 Moreland Avenue Atlanta, GA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Newly gut‑renovated 10‑unit apartment building with all new interiors, wiring, plumbing, and HVAC.; Located in the highly desirable Poncey‑Highland neighborhood.; Potential for future development with extra land available.
More about this property
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