Listing provided courtesy of Keller Wms Re Atl Midtown- MLS# 7773282MLS Provider

215 PiedmontAtlanta, GA 30308

Multi-Family · 0.02 Acres
$2,199,000 Active

215 Piedmont Overview

Time on Site:
40 days
Visits:
1

Experience a rare investment opportunity in the heart of Downtown Atlanta with this fully furnished 5-unit Airbnb portfolio at The Landmark Condominiums. Located at 215 Piedmont Ave NE, this turnkey short-term rental package offers strong cash flow potential, consistent occupancy demand, and a prime location steps from Atlanta’s top attractions including Mercedes-Benz Stadium, World of Coca-Cola, Centennial Olympic Park, Georgia World Congress Center, and major nightlife destinations. The portfolio consists of five professionally designed and income-producing condominium units featuring a total of 8 bedrooms and 5 bathrooms. Each unit has been thoughtfully renovated and furnished to maximize guest experience and rental performance. Amenities include updated kitchens with stainless steel appliances, modern finishes, spacious living areas, and STR-ready operations already in place. Current monthly gross revenue ranges between $6,000–$8,000 with projected annual revenue potential of $72,000–$96,000+. The Landmark is one of the few downtown buildings that permits short-term rentals, making this an increasingly valuable and limited asset class in Atlanta’s growing hospitality market. Ideal for investors seeking passive income, portfolio diversification, or expansion into the short-term rental space, this offering provides immediate operational capability with significant upside potential tied to Atlanta’s booming tourism, convention, entertainment, and World Cup-related growth. Portfolio Includes Units: 301, 404, 807, 1003, and 1004.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

215 Piedmont Facts & Features

  • Type Multi-Family
  • Lot 0.02 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • Elementary School: Centennial Place
  • Middle Or Junior School: Centennial Place
  • High School: Midtown

Green Features

  • Green Energy Efficient: None
  • Green Energy Generation: None

Income/Expenses

  • Gross Income: 120000

Building Information

  • Year Built: 1963

Location/Region

  • County Or Parish: Fulton - GA
  • Subdivision Name: Landmark Condominium

Community/Development

  • Community Features: None

Tax Information

  • Tax Annual Amount: 2431
  • Tax Year: 2023

General Information

  • Listing Terms: 1031 Exchange,Cash,Conventional,FHA,Other
  • Parcel Number: 14 005100130244
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Other
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Accessibility Features: Accessible Elevator Installed
  • Cooling: Central Air
  • Heating: Central
  • Levels: Multi/Split
  • Security Features: Carbon Monoxide Detector(s)
  • Window Features: Bay Window(s)

Exterior

Parking Information

  • Parking Features: Carport

Lot Information

  • Lot Features: Level
  • Lot Size Dimensions: 931
  • Lot Size Source: Owner
  • Water Source: Public

Waterfront/View

  • View: City
  • Water Body Name: None
  • Waterfront Features: None

Building Exterior/Construction

  • Construction Materials: Brick
  • Property Attached: No
  • Roof: Concrete

General Information

  • Fencing: None
  • Number Of Units Total: 5
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: None

Unit Information

Unit 2 Details

  • Actual Rent: 2488
  • Beds Total: 1
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 2983
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 3187
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 3507
  • Beds Total: 2
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 4058
  • Beds Total: 3
  • Baths Total: 1
-

215 Piedmont Neighborhood

Community

30308 (ATLANTA) Demographics

32
Median Age
12,817
Population Density (per sq. mile)
73%
College Educated
$66,365
Estimated Median Income
4,156
Estimated Total Home Owners
9,026
Estimated Total Renters
32% / 68%
Estimated Owner / Renter Divide
1
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

215 Piedmont Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

215 Piedmont Market Data

Based on the last 30 days in this zip code

$460,023
Average List Price
$431
Average Price per Square Foot
25
Properties Sold
88
Average Days on Market
490
Properties for Sale
Calculations provided by Reliance Network

215 Piedmont History

Date Event Value Agent
5/20/2026Source: FMLS Status Change
Active
5/19/2026Source: FMLS Price Increase
$2,199,000 4.7%
5/19/2026Source: FMLS Price Increase
$2,100,000 425.0%
5/19/2026Source: FMLS Added to Database
May 19, 2026