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15630707
15630691

512 Lindsay St NW, Atlanta, GA 30314

Real Time Realty Of Georgia, LLC.
Listed by Real Time Realty Of Georgia, LLC.
$1,500,000
869 days on market
Updated 158 days ago

512 Lindsay St Nw

Details
Property Type Multifamily
Sub Type Apartment Building
Units 10
Cap Rate 7.21%
NOI $108,134
Occupancy 100%
Class C
Investment Type Value Add
Occupancy Date 02/15/2017
Ownership Investor Owned
Sale Condition For sale by owner

Multifamily | 10 Units | $150,000/unit

Marketing description

Surrounded by Growth and Momentum

The English Avenue neighborhood is undergoing a full-scale transformation driven by significant public and private investment, anchored by the expansion of the Atlanta BeltLine Westside Connector Trail. Major nearby developments include:

Echo Street West — A 19-acre mixed-use destination featuring 300,000+ SF of office space, 50,000+ SF of retail and restaurant space, and 300 residential units (20% affordable). Designed as a hub for creativity, commerce, and community, Echo Street West is redefining the Westside.

Herndon Square — A major mixed-use project delivering nearly 400 new rental units, townhomes, and a grocery store, dramatically enhancing neighborhood amenities and livability.

Westside Future Fund Initiatives — Ongoing programs supporting long-term affordability, stabilization, and equitable revitalization throughout English Avenue.

Together, these projects are accelerating demand for quality rental housing and positioning English Avenue as one of Atlanta’s most compelling urban infill investment corridors.


Property Highlights

Address:
512 Lindsey St NW, Atlanta, GA 30318

Asset Type:
10-Unit Multifamily Investment Property

Occupancy:
100% occupied (10 of 10 units)

Gross Scheduled Income:
$131,016 annually

Net Operating Income (NOI):
$108,133.61 annually

Operating Profile:
Well-performing, stabilized asset with consistent rent collections and professional management in place.

Location Advantages:

  • Immediate proximity to the BeltLine Westside Connector

  • Minutes from Downtown, Midtown, and Westside employment centers

  • Surrounded by transformative mixed-use development


Why This Property Matters

English Avenue is no longer an overlooked submarket—it is Atlanta’s urban comeback story in motion. With billions in surrounding investment, improving infrastructure, and increasing residential and commercial density, the area is transitioning into a high-demand rental market.

512 Lindsey St NW offers investors a rare combination of:

  • Stabilized in-place cash flow

  • Strong NOI relative to basis

  • Long-term appreciation upside tied to location and redevelopment momentum

This is not a speculative repositioning play—it is a performing asset in the direct path of growth.

Acquire income today. Participate in upside tomorrow.

Investment highlights

  • Stabilized 10-Unit Multifamily Asset – 100% occupied with consistent rent collections

  • Strong In-Place Cash Flow – NOI of $108,133.61 on gross annual income of $131,016

  • Seller Financing Available – Flexible structure potential for qualified buyers

  • BeltLine Westside Location – Steps from the BeltLine Connector and major Westside redevelopment

  • Surrounded by Transformative Projects – Echo Street West, Herndon Square, and ongoing public-private investment

  • Long-Term Appreciation Upside – Urban infill asset in one of Atlanta’s fastest-evolving corridors

Listing Contacts

Real Time Realty Of Georgia, LLC.
Listed by Real Time Realty Of Georgia, LLC.

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$108,134.00
$9,011.17/mo

Valuation Metrics

0
DSCR
7.21%
Cap Rate
7.21%
ROI

Map

Zoning

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SPI-4-SA12 SpecialAshview Heights And Atlanta University Center Special Public Interest Central Office Institutional Subarea 12
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View all 54 uses
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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