5,227 Sqft Lot
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Old Fourth Ward
MLS Listing ID 7847166
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1930
Annual Tax Amount $11,181
Tax Year 2026
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Triplex
Source First Multiple Listing Service
Property Description
It's hard to find a better location in Atlanta. 673 Kennesaw Ave NE puts you right in the middle of Old Fourth Ward, one of the city's most popular and fastest-growing neighborhoods. This fully occupied, turnkey triplex starts producing income on day one, and the current rents leave clear room to grow.
Location: Ponce City Market is just a short walk away, with its food hall, shopping, offices and rooftop Skyline Park. The BeltLine Eastside Trail is close by too, connecting you on foot or by bike to Krog Street Market, Inman Park and Piedmont Park. Historic Fourth Ward Park, with its lake, splash pad and open green space, is right around the corner. Tenants can walk to coffee shops, restaurants, breweries, fitness studios and nightlife, and they're minutes from Midtown, Downtown, Georgia Tech, Emory University Hospital Midtown and the major job centers. Interstates 75/85 are easy to reach.
Investment: All three units are leased, so there's no lease-up period and no vacancy risk at closing. The median rent for a 1-bedroom in the area is about $2,000, so there's real upside as leases renew. In a neighborhood where renters compete for limited housing, this property offers steady cash flow now and stronger returns over time.
Whether you're growing your portfolio, buying your first multifamily or doing a 1031 exchange, this is a rare chance to own a small multifamily property in one of Atlanta's most walkable neighborhoods.
Please do not disturb tenants. Showings with an accepted offer only. Video walkthrough of each unit (Taken October 2026) is available upon request.
Location
State GA
County Fulton
Area Old Fourth Ward
Lake Name None
Interior
Heating Central
Cooling Central Air
Flooring Luxury Vinyl, Carpet, Tile
Window Features Double Pane Windows
Exterior
Parking Features See Remarks
Fence None
Community Features None
Utilities Available Electricity Available, Cable Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Composition,Shingle
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Concrete
Construction Status Updated/Remodeled
Schools
Elementary Schools Morningside-
Middle Schools David T Howard
High Schools Midtown
Others
Senior Community no
Tax ID 14 004800120126
Nearby Locations
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