Park Realty | Atlanta Real Estate | 1005 Greenwood Avenue NE, Atlanta, GA 30306
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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.
| LAST UPDATED | 8/4/2025 | TRACT | VIRGINIA HIGHLAND |
|---|---|---|---|
| YEAR BUILT | 1935 | COUNTY | Fulton |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Springdale Park |
|---|---|
| Jr. High School | David T Howard |
| High School | Midtown |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Brick, Cement Siding, Frame |
| HEAT | Central |
| LOT | 10001 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | x |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| STORIES | 3+ |
| SUBDIVISION | VIRGINIA HIGHLAND |
| TAXES | 15102 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
| WATER ACCESS | None |
Listing provided courtesy of HomeSmart
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Data last updated: 8/10/25 8:56 PM PDT.
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