Highlights
• Property Description: Renovated complex featuring six units, each with 2 bedrooms and 2.5 bathrooms. • Occupancy: 100% leased, ensuring consistent cash flow. • Demand: Units remain highly desirable in the rental market. • Location: Nestled in the suburban submarket of Atlanta, surrounded by residential communities. • Accessibility: Easy access to Interstate 20. • Neighborhood: Located in Atlanta’s sought-after Kirkwood neighborhood, known for annual events and strong community involvement.
Description
City Realty Advisors, LLC is proud to offer 239 Howard Street NE—an exceptional investment opportunity in Atlanta’s historic Kirkwood neighborhood. This fully renovated, six-unit townhome community is 100% leased and situated in a charming, tree-lined residential setting. Each two-bedroom, 2.5-bath unit has been thoughtfully updated with modern finishes, including quartz countertops, stainless steel appliances, and stacked washer/dryer systems. The main level features spacious kitchens with generous cabinet storage, open living areas, and a convenient half bath, while upstairs, both bedrooms include private en-suite bathrooms. Recent upgrades also include new windows, central HVAC, a new roof, refreshed brick exterior, updated landscaping, and ample off-street parking.
Listing Details
- Cap Rate
5.54%
- Tenancy
Multi
- Space Type
multifamily
- Sub Category
apartments-building
- Date Listed
9/15/2025
- Broker/Agent Co-op
Yes
- Net Operating Income
$163,500
- Parking Info
2.66/1,000 SF
Property Specifics
- Property Name
239 Howard St NE
- Property Class
B
- No of Buildings
1
- No of Stories
2
- No of Units
6
- Year Built
1947
- Building Size
5,642 SF
- Lot Size
27,578 SF
- Year Renovated
2024
- APN
15-211-02-153
- Zoning
R6 - Apartments- Garden
- Occupancy
100%