404 Linden AveAtlanta, GA 30308

Property Details for 404 Linden Ave

Year built

2024

Property size (Sq ft)

1,900 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents 31 pad-ready townhomes in Atlanta's vibrant Old Fourth Ward. Located within walking distance of Ponce City Market and the BeltLine Eastside Trail, this prime location offers unparalleled access to Atlanta's thriving urban scene. The project is substantially complete, with permitting largely finalized. A new buyer can assume the existing architect and save significant costs compared to starting from scratch. Concept review approval is in place for either three or four-story units, providing flexibility for the future owner. The site is fully developed and ready for vertical construction, with only minor site work remaining (including slabs, sidewalks, landscaping). Closing is projected within 30 days of site work completion, anticipated for Summer 2025, with full completion by Q1 2026. Each elegant townhome boasts a modern design, spacious layouts ranging from 1,750 to 1,950 square feet, and high-end finishes including hardwood floors, quartz countertops, stainless steel appliances, and custom cabinetry. The community will feature landscaped communal areas and is pet-friendly. This represents a unique chance to acquire a nearly completed development in one of Atlanta's fastest-growing neighborhoods, poised for strong rental income and appreciation. The asking price is $8,700,000 for the entire development, representing a price per square foot of $4,578.95 based on a total square footage of 1,900. The property is 100% occupied and was built in 2024. The address is 404 Linden Avenue, Atlanta, GA 30308.

Location Insight

City

Atlanta

County

Dekalb

State

Georgia

Latitude

33.7701

Longitude

-84.3741

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