New Price
$1,950,000

1964 North Avenue NW Atlanta, GA 30318

1964 North Avenue NW **Section 8 advantage** and **8.5% cap rate**: Exceptional Investor Opportunity – Guaranteed Section 8 Income | 8.5% Cap Rate** Rare chance to acquire a **TRUE 8.5% Cap Rate portfolio of 10 fully renovated homes (2022–2025)**, each with an **independent Tax ID**. All homes feature **2–4 bedrooms**, spacious living areas, updated kitchens with full appliance packages, modern baths, walk-in closets, **newer roofs and newer HVAC systems**, plus outdoor patios or decks. This portfolio is **100% Section 10 occupied**, ensuring **government-backed, reliable rental income** with reduced vacancy and collection risk. In today’s Atlanta market, where most stabilized rental portfolios trade at **6–7% cap rates** (and even lower for new construction), this offering delivers **above-market returns with lower risk**. Properties are located in great areas **Grove Park, Atlanta BeltLine, Pittsburgh Yards, West End/Westview, and the new Atlanta Brewing development**, these homes sit squarely in the path of growth, surrounded by redevelopment, shops, and restaurants. A rare, stabilized, and cash-flowing Section 8 portfolio offering investors **high yield + security** in one of Atlanta’s fastest-growing submarkets.

Schools

  • Elementary
    Woodson Park Academy
  • Middle
    John Lewis Invictus Academy/Harper-Archer
  • High
    Frederick Douglass
  • Location

  • Subdivision
    North Avenue NW
  • Zip Code
    30318
  • City
    Atlanta
  • County
    Fulton - GA
  • Property Data

  • Status
    Active
  • MLS #
    7646650
  • Type
    Residential Income
  • Special
    Corporate Owner
  • Exterior

  • Construction
    Lap Siding
  • Built In
    1950
  • Stories
    Array
  • Sewer
    Public Sewer
  • Parking
    Detached, Driveway
  • Utilities
    Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Lot Description
    Level
  • Lot Dimensions
    x
  • Acres
    0.2479
  • Listing Provided Courtesy Of: First United Realty, Inc. 770-650-2825

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    Data Last updated on October 9, 2025 3:03pm

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