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$1,990,000
-- Bed
-- Bath
--sqft
138 Lamar Ave Nw, Atlanta, GA 30314
$1,990,000
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Multi Family
Built in 1956
$-- HOA
30,600.9 sqft lot
--/sqft
Description
True Value-Add Opportunity in Atlanta’s West End Area
Exceptional investment potential in the Dixie Hills neighborhood, offering convenient access to nearby parks, I-20, and Downtown Atlanta. The current owner has made no efforts to increase rents or lease remaining vacancies in anticipation of a sale, leaving substantial upside on the table.
Average in-place rents are only $800 per unit, well below market. This is not a cap-rate sale — the property is approximately 90% occupied and being sold strictly as-is, representing a true value-add opportunity based on future performance rather than current income.
20 units feature 2-bed/1-bath floor plans in classic condi...
- Houzeo last checked: 10 Minutes ago
- Listing updated: December 18, 2025 at 10:49 pm
- Listing Provided by: BRANDON MARSHALL (678) 951-9235 | Trend Atlanta Realty, Inc. (770) 777-1321
- Source: First Multiple Listing Service-GA | MLS#: 7683935
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1956
HOA Fees
-
Finished Area
- sqft
Lot Size
30,600.9 sqft lot
Basement Area
- sqft
MLS Name
First Multiple Listing Service
MLS Number
7683935
MLS Status
Active
Days on Market
29
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