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Fully Occupied Triplex
For Sale
$599,000

790 Pat Mell Road SE, Smyrna, GA 30080

Residential Income, Smyrna, GA

Property Size2,484 SF
Lot Size0.17 Acres
Price / SF$241.14
Days on Market53

Property Features for 790 Pat Mell Road SE

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking 7
Parking features Driveway
Lot features Level
Elementary school Green Acres
Middle school Pearson
High school Campbell
Directions 790 PAT MELL RD, SMYRNA GEORGIA 30080. MINUTES FROM MAJOR INTERSECTION NEAR WINDY HILL ROAD SE AND ATLANTA ROAD SE
Standard status Active
APN 17042001060
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4264

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 2004
Floors in Building 1
Number of units 3
Flooring type Vinyl
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: HomeSmart · HomeSmart International
Listed By: James Ali
Added: Sep 1 Changed: Oct 16 Last Checked: Oct 23 at 11:06AM
MLS# 7831126

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.

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Investment Insights

Based on property information with market context.

This purpose-built triplex contains 2,484 total square feet across three residences, including 1,656 square feet above grade and a finished 828-square-foot lower level. The layout includes a top-floor unit, a street-level main residence, and a lower-level unit, with three total bathrooms. All three units are leased and occupied. Construction dates to 2004, with vinyl siding, vinyl flooring, central heating, electric cooling, central air, a shingle roof, and driveway parking. The property sits on a 0.17-acre lot and is served by public water and public sewer.

Located at 790 Pat Mell Road SE in Smyrna, the property is described as being minutes from Truist Park, The Battery Atlanta, and Marietta Square, with access to I-285 and I-75. The Chattahoochee River National Recreation Area is also identified in the surrounding area.

Key Highlights

  • Three leased and occupied units
  • 2,484 total square feet: 1,656 above grade plus 828 finished lower level
  • Built in 2004 on a 0.17‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,092
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,840 $721.8K
Cap Rate 7%
$515,600 $515.6K
Cap Rate 9%
$401,022 $401.0K
Market Conditions
NOI Build-Up for 2,484 SF
Gross rent
$55.1K $22.20/SF
− Vacancy
−$3.6K −$1.44/SF
EGI
$51.6K $20.76/SF
− OpEx
−$15.5K −$6.23/SF
NOI
$36.1K $14.53/SF
Area
Cobb County, GA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,840
Cap Rate 7%
$515,600
Cap Rate 9%
$401,022

Alternative Uses

Best Use
Multifamily LT 5
$515.6K
$451.2K – $601.5K (±1% cap)
NOI $36,092 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$476.7K
$417.1K – $556.2K (±1% cap)
NOI $33,370 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$697.5K
$610.3K – $813.8K (±1% cap)
NOI $48,826 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

596
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Purpose-built 2004 property with three leased residences, public water and sewer, and driveway parking in Smyrna.
Where is this triplex located?
The property is located at 790 Pat Mell Road SE Smyrna, GA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three leased and occupied units; 2,484 total square feet: 1,656 above grade plus 828 finished lower level; Built in 2004 on a 0.17‑acre lot
More about this property
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