1005 Greenwood NE Avenue, Atlanta, GA 30306

Multi-Family Home
Built in 1935
10,001sqft lot
—— car garage
$——/sqft
Listed 2 days ago

Property Description

The property is sold as a package with 999 Greenwood Ave. PACKAGE PRICE IS $4,250,000. Rare Dual-Building Investment in Virginia-Highland – 999 & 1005 Greenwood Avenue NE, Atlanta, GA An exceptional opportunity to own two ADJACENT multifamily buildings in the heart of one of Atlanta’s most walkable and desirable neighborhoods. 999 and 1005 Greenwood Ave are side-by-side properties, ideally positioned just blocks from the Atlanta BeltLine, Ponce City Market, Piedmont Park, and the vibrant retail and dining scenes of Virginia-Highland, L5P, and Inman Park. 1005 Greenwood was newly rebuild from foundation up in 1989. Together, these properties feature 14 light-filled units: 11 units 1bed/1bath, 1 unit 3bed/1,5 bath, 1 unit 2bed/1bath, 1 unit 2bed/1,5bath. Properties have a strong rental history and consistent tenant demand. Thoughtfully updated, both buildings offer solid income and long-term appreciation potential. Prime location near major lifestyle amenities and transit corridors. Stable occupancy with room for rental growth. Modern upgrades, off-street parking, and shared outdoor space. Potential for future redevelopment. The property has 10 off-street parking spots. Whether you're expanding a portfolio, executing a 1031 exchange, or seeking a strategic value-add investment, 999 and 1005 Greenwood Ave present a compelling and flexible acquisition in the heart of Atlanta’s cultural core.

Listing Status:: Active
Date Added:: August 4, 2025 at 05:00AM
Listing Office:: HomeSmart : 404-876-4901
Listing Agent:: ELENA VOLKOVA : 770-317-7481
MLS ID:: 7626908

A/C: Central AirWindow Unit(s)
Heating: Central
Disability Feature: None
Eco/Green Feature: NoneNone

This listing courtesy of ELENA VOLKOVA, HomeSmart

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Springdale Park Elementary School

1246 Ponce De Leon Ave NE, Atlanta, GA, 30306

Grades KG-5

0.47 miles away

Hillside Conant School

690 Courtenay Dr NE, Atlanta, GA, 30306

Grades 1-12

1.14 miles away

Midtown High School

929 Charles Allen Dr NE, Atlanta, GA, 30309

Grades 9-12

1.02 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.