1005 Greenwood Ave NE Atlanta, GA 30306
Virginia Highland NeighborhoodEstimated payment $7,747/month
Highlights
- Property is near public transit
- Neighborhood Views
- Community Playground
- Midtown High School Rated A+
- Double Pane Windows
- 4-minute walk to North Highland Park
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,102
Year Built
- Built in 1935
Lot Details
- 10,001 Sq Ft Lot
- Back Yard Fenced
- Level Lot
Home Design
- Quadruplex
- Brick Exterior Construction
- Frame Construction
- Composition Roof
- Cement Siding
Interior Spaces
- 3-Story Property
- Double Pane Windows
- Neighborhood Views
- Carbon Monoxide Detectors
Parking
- 9 Parking Spaces
- Parking Lot
Location
- Property is near public transit
- Property is near schools
- Property is near shops
- Property is near the Beltline
Schools
- Springdale Park Elementary School
- David T Howard Middle School
- Midtown High School
Utilities
- Central Heating and Cooling System
- Window Unit Cooling System
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 14 001600050446
Community Details
Overview
- 4 Units
- Virginia Highland Subdivision
Amenities
- Restaurant
Recreation
- Community Playground
- Park
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,767 | $368,880 | $153,240 | $215,640 |
| 2023 | $15,272 | $368,880 | $153,240 | $215,640 |
| 2022 | $11,332 | $280,000 | $88,640 | $191,360 |
| 2021 | $11,831 | $280,000 | $88,640 | $191,360 |
| 2020 | $5,355 | $304,280 | $88,640 | $215,640 |
| 2019 | $485 | $130,720 | $40,840 | $89,880 |
| 2018 | $5,412 | $130,720 | $40,840 | $89,880 |
| 2017 | $8,097 | $187,480 | $40,840 | $146,640 |
| 2016 | $5,660 | $130,720 | $40,840 | $89,880 |
| 2015 | $5,675 | $130,720 | $40,840 | $89,880 |
| 2014 | $5,198 | $114,640 | $35,800 | $78,840 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $1,200,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $154,150 | Stand Alone Second | |
| Previous Owner | $200,000 | Stand Alone Second | |
| Previous Owner | $208,500 | Stand Alone Second |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7626908
APN: 14-0016-0005-044-6
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