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8-Unit Apartment Building
For Sale
$1,650,000

887 Myrtle Street NE, Atlanta, GA 30309

A 1910 Midtown property with separated electrical meters, a new roof, and professional management already in place.

Property SizeContact for details
Days on Market196

Property Features for 887 Myrtle Street NE

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 1 x 3/2, 2 x 2BR
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $24,430

Building Details

Year Built 1910
Listing Agency: Harry Norman Realtors
Listed By: Michelle Hollberg · License #271240
Source: Evatlanta
Added: Jan 29 Changed: Aug 3 Last Checked: Aug 13 at 11:18AM

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 Harry Norman Realtors

Investment Insights

Based on property information with market context.

Built in 1910, this 8-unit apartment property combines an established building profile with recent capital improvements. Electrical service has been updated with fully separated meters, and the roof is new. Professional management is already in place, supporting continuity of operations for the next owner.

The unit mix includes one three-bedroom, two-bath residence, two two-bedroom apartments, and multiple one-bedroom units in varied sizes. Located in Midtown Atlanta, the property offers a range of apartment configurations within a single multifamily asset.

Key Highlights

  • 8‑unit apartment property built in 1910
  • Unit mix includes one 3/2, two 2‑bedroom units, and several 1‑bedroom units
  • Updated electrical system with fully separated meters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Florist (Bike/Boat/Book/etc) Store Nursing Home Plumbing Service Fish Market Electrical Service

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

7,831
Businesses Nearby

Demographics for 30309, GA

31,856
Population
20,558
Households
1.5
Avg Household Size
34
Median Age
84%
College-Educated
98%
High-School Grad
3.3 sq mi
ZIP Area
9,653
Density / Sq Mi
$111,894
Median Household Income
$81,517
Median Earnings
$2,123
Median Rent
$414,700
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 - A 1910 Midtown property with separated electrical meters, a new roof, and professional management already in place.
Where is this apartment building located?
The property is located at 887 Myrtle Street NE Atlanta, GA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 8‑unit apartment property built in 1910; Unit mix includes one 3/2, two 2‑bedroom units, and several 1‑bedroom units; Updated electrical system with fully separated meters
More about this property
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