880 Saint Charles Avenue NE, Atlanta, GA 30306
An irreplaceable 10-unit multifamily investment opportunity in the heart of Virginia-Highland, this fully leased apartment building delivers strong in-place income, proven tenant demand, and a premier intown location on a highly desirable corner lot.
Positioned in one of Atlanta’s most established rental corridors, this asset includes a well-balanced unit mix:
8 One-bedroom / one-bath units
1 Two-bedroom / one-bath unit
1 Two-bedroom / two-bath unit
Each residence has been thoughtfully updated to support long-term tenancy and reduced maintenance needs.
The 1-bedroom units feature:
Refinished real hardwood flooring
Renovated kitchens and bathrooms
Stainless steel appliances
Granite countertops
In-unit washer/dryer
The larger 2-bedroom units include:
Luxury vinyl tile flooring
Updated kitchens with custom cabinetry
Stainless steel appliances
Renovated bathrooms
Modernized finishes throughout
Significant capital improvements enhance long-term durability and operational efficiency:
Updated electrical systems
10 newer water heaters
Newer HVAC systems
Roof approximately 12 years old (30-year life expectancy)
Separate gas and electrical meters for tenant utility separation
Full basement with dedicated storage units
Off-street parking with potential value-add via paving
Astro turf landscaping for low-maintenance exterior upkeep
Corner lot positioning in a high-demand rental area
Located in Virginia-Highland, the property offers immediate access to some of Atlanta’s most in-demand lifestyle and employment destinations, including:
Ponce City Market
Atlanta BeltLine Eastside Trail
Piedmont Park
Inman Park
Downtown Atlanta
This is a rare chance to acquire a stabilized, fully leased multifamily asset in one of Atlanta’s strongest rental markets. With updated systems, renovated interiors, and a premier location, this property offers both current income stability and long-term upside potential in a high-barrier-to-entry neighborhood.
Studio
8,986.43 Sq.Ft. lot
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With growth that continues to surpass national benchmarks, Engel & Völkers remains a proven leader in sales performance across global markets.
Higher Average Sale Price in The U.S. vs. National Average
Higher U.S Sales Volume Growth than Direct International Competitor
Of Advisor Involved in $1 M+ Transactions