235 Walnut ST NW Atlanta, GA 30314
5,680 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Vine City
MLS Listing ID 7742377
Construction Status Resale
HOA Y/N No
Year Built 1955
Annual Tax Amount $5,444
Tax Year 2025
Lot Size 5,680 Sqft
Acres 0.1304
Property Sub-Type Quadruplex
Source First Multiple Listing Service
Property Description
This renovated studio quadruplex already generates impressive returns through a diverse mix of Airbnb and long-term rental income, giving investors the flexibility to capitalize on multiple revenue streams. With the existing updates and strong occupancy potential, there is still room to push rents and further increase NOI.
But the true value of 235 Walnut extends far beyond the current structure. The property sits on a highly desirable lot with the potential to develop 4–5 modern townhomes, allowing an investor to maximize returns through ground-up construction in a rapidly appreciating corridor. This dual-path investment—cashflow now, major upside later—makes the property a smart and strategic purchase.
Location is another major advantage. 235 Walnut is positioned in the heart of Atlanta's most transformative growth zone, within the same vicinity as:
Centennial Yards development
The Gulch redevelopment
Georgia World Congress Center
Mercedes-Benz Stadium
This area is experiencing billions in public and private investment, creating sustained demand for short-term rentals, long-term housing, and new construction. With Atlanta set to host international events such as the 2026 World Cup, properties in this district are poised to benefit from global tourism, increased rental demand, and rising property values.
Adding to its appeal, the property sits on the edge of a newly renovated public park featuring water elements, green space, and kid-friendly amenities—a rare lifestyle advantage that enhances both rental desirability and future resale value.
235 Walnut is more than a purchase—it's a strategic foothold in one of Atlanta's fastest-growing investment corridors. Strong cashflow, development potential, and unmatched proximity to major city projects make this a standout opportunity for any investor focused on long-term growth and high-yield returns.
Location
State GA
County Fulton
Area Vine City
Lake Name None
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Vinyl
Window Features None
Exterior
Parking Features Driveway, Varies by Unit
Fence None
Community Features Park
Utilities Available Cable Available, Electricity Available
Waterfront Description Pond
View Y/N Yes
View City, Park/Greenbelt
Roof Type Shingle
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Corner Lot
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Construction Status Resale
Schools
Elementary Schools M.R. Hollis Innovation Academy
Middle Schools M.R. Hollis Innovation Academy
High Schools Booker T. Washington
Others
Senior Community no
Tax ID 14 008300011842
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://m.youtube.com/watch?v=lFBqjbTvfZg&ra=m
