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Value-Add Multifamily | 18 Units | ±0.76 AC 566 SW University Ave 18 Unit Apartment Building $900,000 ($50,000/Unit) Atlanta, GA 30310

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INVESTMENT HIGHLIGHTS

  • Steps from Southside Beltline Trail and Pittsburgh Yards
  • Located in Beltline Overlay zone with MRC-2-C zoning
  • Easy access to I-85, Downtown Atlanta, and MARTA transit
  • 100% vacant with flexible repositioning or redevelopment potential
  • Surrounded by major redevelopment and mixed-use projects
  • Near top HBCUs and cultural landmarks in Atlanta’s urban core

EXECUTIVE SUMMARY

This rare 18-unit multifamily property presents a compelling value-add or redevelopment opportunity in one of Atlanta’s most transformative corridors. Located just steps from the Southside Beltline Trail and Pittsburgh Yards, the site offers immediate access to a dynamic mix of community-driven amenities, entrepreneurial hubs, and major redevelopment projects. The ±0.76-acre parcel includes three buildings totaling ±6,840 SF, each configured with efficiency-style 1-bed/1-bath units featuring private front and rear entrances.
The property is being sold completely vacant, allowing investors the flexibility to reposition the asset for cash flow or pursue ground-up redevelopment under favorable MRC-2-C zoning with Beltline Overlay benefits. Its proximity to I-85 and Downtown Atlanta ensures strong connectivity, while nearby institutions such as Morehouse College, Clark Atlanta University, and Spelman College contribute to a vibrant tenant pool. The area is experiencing rapid growth, with major projects like WestLine Studios, MET Atlanta, and Fort McPherson redevelopment reshaping the landscape.
With the Southside Beltline Trail fast-tracked for completion in early 2026 and the 2026 FIFA World Cup expected to drive further investment, this site is ideally positioned to benefit from long-term appreciation and neighborhood revitalization. Investors seeking to capitalize on Atlanta’s expanding urban core and favorable business climate will find this offering to be a strategic acquisition.

PROPERTY FACTS

Price $900,000
Price Per Unit $50,000
Sale Type Investment
Sale Conditions
Distress Sale
  • Redevelopment Project
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.76 AC
Building Size 6,840 SF
Average Occupancy 0%
No. Stories 1
Year Built 1955
Opportunity Zone Yes
Zoning MRC-2-C, Beltline Overlay - MRC-2-C, Beltline Overlay

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Security System
  • Refrigerator
  • Oven
  • Smoke Free

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Trash Pickup - Curbside
  • Wi-Fi
  • Walk-Up
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-0088-0001-014-6
Land Assessment
$72,000
Improvements Assessment
$535,640
Total Assessment
$607,640
  • Listing ID: 38324525

  • Date on Market: 11/4/2025

  • Last Updated:

  • Address: 566 SW University Ave, Atlanta, GA 30310

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