Did you know Midtown Atlanta is made up of two distinct areas, the MID (Midtown Improvement District) that is the commercial and high-rise corridor along Piedmont (north of 8th St), Juniper, Peachtree, West Peachtree, and Spring streets? The southern boundary is North Ave with a small section that extends to Pine St and the northern boundary extends along Peachtree to the bridge across the 75/85 connector.
The Midtown Garden District (MGD), an area of single-family homes, duplexes, triplexes, quads, and low-rise apartment buildings, is a small rectangle of land bounded by 10th St and Ponce de Leon Ave (north-south) and Piedmont Ave and the Atlanta Beltine (west-east) with a few small exceptions.
792 Argonne Ave.
Building Use Chart
Here is a link to a map for a better perspective.
Adding to its charm and desirability is that the Midtown Garden District is quite small, approximately 375 acres compared to our neighbors, Old Fourth Ward (800 acres), Virginia Highland (800 acres), Ansley Park (400 acres), about the same size as the Midtown Garden District and Morningside/Lenox Park (1,625 acres)/
The MGD is comprised of about 56% single and two-family homes (all zoned R5 allowing for Duplex structures) and 44% multi-family and commercial buildings. No other Atlanta neighborhood has such diversity in land use. A quick search of properties (source GA MLS) in the Garden District indicates there are about 620 parcels zoned R5 that have a land-use of Residential 1 Family or Residential 2 Family. The total number of tax parcels in the MGD (including commercial and condos) is around 2200.
If you are a believer that low supply creates higher demand ultimately resulting in higher values, then a single-family home in the Midtown Garden District is where to place your bet!
Only Ansley Park is of similar size, take a peek at some of the recent sales in that neighborhood, one of the most desirable in the city! AFter the statement about neighborhood sizes. CLICK HERE