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.
Active
$699,999
673 Kennesaw Ave NE, Atlanta, GA 30308
--beds
--baths
--sqft
Multi Family, Triplex
Built in 1930
-- sqft lot
$688,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 23 days
- 271
- 27
Zillow last checked:
Listing updated:
Listed by:
Olaniyi Adewole 610-505-7742,
eXp Realty,
Deanna Kayumova 470-587-3136,
eXp Realty
Source: GAMLS,MLS#: 10856297
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Features
- Basement: Crawl Space
- Has fireplace: No
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Body of water: None
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 14 004800120126
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
Materials
- Brick, Concrete
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Features: None
- Subdivision: Old Fourth Ward
HOA
- Has HOA: No
- Services included: None
Location
- Region: Atlanta
Financial & listing details
- Tax assessed value: $683,300
- Annual tax amount: $11,181
- Date on market: 10/1/2026
- Cumulative days on market: 23 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Estimated market value
$688,300
$654,000 - $723,000
$3,672/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $699,999+12% |
Source: | ||
| 7/21/2024 | Sold | $625,000-10.7% |
Source: | ||
| 5/26/2024 | Price change | $700,000-6.7% |
Source: | ||
| 4/22/2024 | Listed for sale | $750,000+15.4% |
Source: | ||
| 9/25/2023 | Listing removed | -- |
Source: | ||
| 9/21/2022 | Listing removed | $650,000 |
Source: | ||
| 8/5/2022 | Price change | $650,000-13.3% |
Source: | ||
| 8/4/2022 | Listed for sale | $750,000 |
Source: | ||
| 7/12/2022 | Pending sale | $750,000 |
Source: | ||
| 7/12/2022 | Price change | $750,000+15.4% |
Source: | ||
| 7/5/2022 | Price change | $650,000-3.7% |
Source: | ||
| 6/23/2022 | Listed for sale | $675,000-3.6% |
Source: | ||
| 6/21/2022 | Listing removed | $700,000 |
Source: | ||
| 6/11/2022 | Price change | $700,000-6.7% |
Source: | ||
| 6/6/2022 | Listed for sale | $750,000+78.6% |
Source: | ||
| 9/24/2021 | Sold | $420,000-1.2% |
Source: Public Record Report a problem | ||
| 8/23/2021 | Pending sale | $425,000 |
Source: | ||
| 8/15/2021 | Price change | $425,000-5.6% |
Source: | ||
| 8/3/2021 | Listed for sale | $450,000 |
Source: | ||
| 7/26/2021 | Contingent | $450,000 |
Source: | ||
| 7/22/2021 | Price change | $450,000-10% |
Source: | ||
| 7/15/2021 | Listed for sale | $499,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,181 +28.5% | $273,320 +28.6% |
| 2024 | $8,701 +28.3% | $212,520 |
| 2023 | $6,779 -0.3% | $212,520 +26.5% |
| 2022 | $6,799 -0.4% | $168,000 -0.3% |
| 2021 | $6,824 -13.5% | $168,440 -11.6% |
| 2020 | $7,889 +45.7% | $190,560 +1.8% |
| 2019 | $5,416 | $187,200 +70.2% |
| 2018 | $5,416 | $110,000 +56% |
| 2017 | $5,416 +38.6% | $70,520 |
| 2016 | $3,908 -0.2% | $70,520 |
| 2015 | $3,915 +60.9% | $70,520 +31.4% |
| 2014 | $2,434 +4.9% | $53,680 +2.1% |
| 2013 | $2,321 +38.9% | $52,600 +39.9% |
| 2012 | $1,671 | $37,600 |
| 2011 | -- | $37,600 |
| 2010 | $1,661 | $37,600 -34.3% |
| 2009 | -- | $57,200 -0.3% |
| 2008 | -- | $57,360 |
| 2007 | $604 | $57,360 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Old Fourth Ward
Nearby schools
Schools provided by the listing agent
- Elementary: Morningside
- Middle: David T Howard
- High: Grady
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.










