Value-Add Multifamily in the Heart of Atlanta | 15 Units | Popular O4W Neighborhood

620 Parkway Dr NE Atlanta, GA 30308

620 Parkway Dr NE, Atlanta, GA, 30308
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,725,000
Last Verified:
Jan 14, 2026

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Highlights

  • True Intown value-add opportunity at a low-cost basis
  • Prime Intown location in the highly sought after 04W neighborhood, walkable to Eastside Beltline Trail and Ponce City Market
  • Minutes from Midtown and Downtown Atlanta
  • Prominent early 1900’s building at the traffic lit corner of North & Parkway
  • Diverse unit mix with 9’ ceilings throughout
  • Large basement area, ideal for tenant storage units or onsite laundry
  • Off-street parking in rear
  • Property is 100% vacant and needs renovation

Description

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Year Built: 1940
Building Size: 17845sq ft
Lot Size: 0.35 acres


Documents

Offering Memorandum

Map of 620 Parkway Dr NE, Atlanta, GA, 30308

Presented by:
Bull Realty

Request additional information
Andy Lundsberg


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.