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42 Joseph E Lowery Blvd NW
Atlanta, GA 30314
Multifamily Property For Sale · 6 Units

Investment Highlights

  • -Rare Unit Mix: 3 studios + 3 multi-level townhomes (each 3BR/3BA)
  • -Major Tenant “Wow Factor”: ~5,600+ SF uncovered rooftop deck area + ~705 SF finished covered rooftop/porch areas
  • -Premium Townhome Features: 3 dedicated private garages + rooftop decks + finished covered rooftop/porch areas

Executive Summary

Westside Atlanta infill opportunity: 42 E Joseph E Lowery Blvd is a new-construction (2023) 6-unit urban asset featuring a rare, highly marketable “Studio + Rooftop Townhome” unit mix. The property delivers diversified income streams with premium tenant appeal—three efficient ground-level studios paired with three multi-level townhomes (3BR/3BA each) offering private garages, rooftop decks, and finished covered outdoor living areas designed as true indoor–outdoor extensions.
With strong Westside corridor positioning and access to Midtown/Downtown and major redevelopment nodes, the asset supports multiple exit strategies including a stabilized rental hold, condo sell-off, or hybrid approach—making it a compelling option for both yield-driven and value-max investors.

Property Facts

Price Per Unit $341,954 CAD
Sale Type Investment
Cap Rate 7.50%
No. Units 6
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.09 AC
Building Size 6,600 SF
Average Occupancy 0%
No. Stories 4
Year Built 2025
Parking Ratio 1.36/1,000 SF
Zoning Multifamily - Residential Lots - Multifamily

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3 3 $5,133 CAD 1,662 - 1,722
Studios 3 $2,293 CAD 285 - 419

Property Taxes

Property Taxes

Parcel Number
14-0109-0001-076-0
Land Assessment
$44,626 CAD
Improvements Assessment
$0 CAD
Total Assessment
$44,626 CAD
  • Listing ID: 39366258

  • Date on Market: 2026-02-07

  • Last Updated:

  • Address: 42 Joseph E Lowery Blvd NW, Atlanta, GA 30314

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