Ansley Real Estate is pleased to invite qualified investors to discover this prime multifamily quadruplex with an exceptional location near in Atlanta’s Grant Park neighborhood at 345 Loomis Avenue SE.
Originally built in 1930, this 3,024-square-foot property features four one-bedroom, one-bathroom apartments that are fully leased to reliable long-term tenants, ensuring steady and predictable income. The units have been recently renovated, boasting plank flooring, ceiling fans, updated bathrooms and kitchens, and contemporary fixtures throughout. The building’s exteriors have been well-maintained, while still offering the charm of the original 1930’s façade.
Nestled within the desirable North Grant Park neighborhood, 345 Loomis Avenue SE enjoys strong area demand and competitive rental prices. The area improves tenant attraction and retention with fantastic access to beautiful outdoor spaces, retail amenities, and major commuter highways. Within a short walk, tenants can enjoy popular local restaurants, including Firepit Pizza Tavern, Mi Barrio Mexican Restaurant, Estrellita, Gather, Mix’d Up Burgers, Ace Hardware, Vibe Ride, Ria’s Bluebird, Dakota Blue, and Six Feet Under Pub & Fish Market. The namesake for the neighborhood, Grant Park, is just a short walk away, offering winding walking/jogging trails, tennis facilities, an outdoor pool, and Zoo Atlanta.
Proximity to Downtown places residents within 10 minutes of Atlanta’s world-class entertainment, nightlife, job centers, and more. Tenants can enjoy major league sporting events at nearby venues, including State Farm Arena (NBA’s Hawks) and Mercedes Benz Stadium (NFL’s Falcons). Other notable destinations within 10 minutes of the property include the College Football Hall of Fame, the Georgia Aquarium, The Georgia Capital Museum, and Grady Memorial Hospital.