673 S Kennesaw Avenue NE, Atlanta, GA 30308

Property Description

Turnkey Triplex in the Heart of Old Fourth Ward Fully Occupied with Room to Raise Rents It's hard to find a better location in Atlanta. 673 Kennesaw Ave NE puts you right in the middle of Old Fourth Ward, one of the city's most popular and fastest-growing neighborhoods. This fully occupied, turnkey triplex starts producing income on day one, and the current rents leave clear room to grow. Location: Ponce City Market is just a short walk away, with its food hall, shopping, offices and rooftop Skyline Park. The BeltLine Eastside Trail is close by too, connecting you on foot or by bike to Krog Street Market, Inman Park and Piedmont Park. Historic Fourth Ward Park, with its lake, splash pad and open green space, is right around the corner. Tenants can walk to coffee shops, restaurants, breweries, fitness studios and nightlife, and they're minutes from Midtown, Downtown, Georgia Tech, Emory University Hospital Midtown and the major job centers. Interstates 75/85 are easy to reach. Investment: All three units are leased, so there's no lease-up period and no vacancy risk at closing. The median rent for a 1-bedroom in the area is about $2,000, so there's real upside as leases renew. In a neighborhood where renters compete for limited housing, this property offers steady cash flow now and stronger returns over time. Whether you're growing your portfolio, buying your first multifamily or doing a 1031 exchange, this is a rare chance to own a small multifamily property in one of Atlanta's most walkable neighborhoods. Please do not disturb tenants. Showings with an accepted offer only. Video walkthrough of each unit (Taken October 2026) is available upon request.