Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1229 Virginia NE Ave Atlanta, GA 30306-4811

    • Garden apartment buildings
    • 9,860 SF
    • 1.48 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 13, 2020
    $8,500,000
    Location Intelligence
    Property ID
    US22-0872225
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Virginia Court Apartments / Apartment Complex
    • ATLCoupons - print Atlanta local coupons, specials & deals / E-Commerce Service

    Property Details for 1229 Virginia NE Ave

    Year built
    1945
    Lot size
    1.48 lot acres
    Property size
    9,860 SF
    Zone code
    RM100
    Property type
    Garden apartment buildings
    APN
    15 241 03 023
    APU
    1524103023

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.3472
    Latitude
    33.779
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $30,806
    $329,626
    $4,027,374
    $4,357,000
    -
    $824,064
    $10,068,436
    $10,892,500

    Comparable in this City

    • Value Estimation by Request
      13,038 SF

      1401 Markan NE Dr

      GARDEN APT, COURT APT (5+ UNITS) • 13,038 SF
      1401 Markan NE Dr, Atlanta, GA 30306
      View Details
    • Value Estimation by Request
      27,251 SF

      860 Briarcliff NE Rd

      GARDEN APT, COURT APT (5+ UNITS) • 27,251 SF
      860 Briarcliff NE Rd, Atlanta, GA 30306-4092
      View Details
    • Value Estimation by Request
      69,207 SF

      1295 Rock Spgs NE Rd

      GARDEN APT, COURT APT (5+ UNITS) • 69,207 SF
      1295 Rock Spgs NE Rd, Atlanta, GA 30306-2318
      View Details
    • Value Estimation
      $615,000
      4,907 SF

      1031 Virginia NE Ave

      GARDEN APT, COURT APT (5+ UNITS) • 4,907 SF
      1031 Virginia NE Ave, Atlanta, GA 30306-3523
      View Details
    • Value Estimation
      $410,000
      6,766 SF

      1251 Virginia NE Ave

      GARDEN APT, COURT APT (5+ UNITS) • 6,766 SF
      1251 Virginia NE Ave, Atlanta, GA 30306-4824
      View Details
    • Value Estimation by Request
      4,896 SF

      559 Amsterdam NE Ave

      GARDEN APT, COURT APT (5+ UNITS) • 4,896 SF
      559 Amsterdam NE Ave, Atlanta, GA 30306-3416
      View Details

    Similar Nearby for Sale

    • New
      $1,050,000
      Pending

      Virginia Highland Investment Property

      Well-maintained six-unit apartment building near Beltline and Ponce City Market.
      758 Saint Charles Ave NE, Atlanta, GA 30306
      View Details
    • $3,200,000
      13,000 SF

      Atlanta 10-Unit Apartment Building

      Prime Intown Location, Newly Renovated
      678 Moreland Ave, Atlanta, GA 30306
      View Details
    • $1,050,000
      Pending

      Virginia Highland Multifamily Investment Property

      Six-unit apartment building near Beltline and Ponce City Market.
      758 Saint Charles Ave NE, Atlanta, GA 30306
      View Details
    • $3,200,000

      Renovated Apartment Building in Poncey Highland

      Ten-unit apartment building in a sought-after Atlanta neighborhood.
      678 Moreland Ave, Atlanta, GA 30306
      View Details
    • $365,000
      1,328 SF

      Historic Briar Hills Top Floor

      Top-floor, two-bedroom condo in historic Briar Hills, abundant natural light.
      1120 Briarcliff Rd NE, Atlanta, GA 30306
      View Details
    • $999,000
      0.20 Acres

      Midtown Duplex with Expansion Potential

      Duplex in Midtown Atlanta with triplex expansion potential.
      825 North Ave, Atlanta, GA 30306
      View Details

    Similar Nearby for Lease

    • $2,900 /Mo
      1,572 SF

      Charming Triplex Apartment Near Downtown

      Spacious 3-bedroom apartment near downtown Va Highlands.
      1280 Stillwood Dr NE, Atlanta, GA 30306
      View Details
    • $1,875 /Mo

      Renovated Morningside Unit For Rent

      Renovated 1 bed, 1 bath unit in Midtown location.
      1539 N Morningside Dr, Atlanta, GA 30306
      View Details
    • Contact for pricing

      Telephone Factory Lofts

      Live / Work Space Located Directly On The Beltline
      828 Ralph Mcgill Blvd UNIT W01, Atlanta, GA 30306
      View Details
    • $1,300 /Mo
      6,625 SF

      Renovated Office Suites with Skyline Views

      Premium office suites available in a renovated landmark building.
      1074 Ponce De Leon Ave NE, Atlanta, GA 30306
      View Details
    • Contact for pricing
      39,446 SF

      Modern Office Tower on BeltLine

      372,000 SF office tower with BeltLine access.
      725 Ponce De Leon Ave NE, Atlanta, GA 30306
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1229 Virginia NE Ave
    Atlanta, GA 30306-4811
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.