Real estate in Old Fourth Ward, nicknamed O4W, has been on the rise for many years. It is right along the Atlanta Beltline, which has become a popular place to settle down in Georgia’s capital city. Between the neighborhood’s history, dining opportunities and the bevy of attractions and activities, it is easy to see why Old Fourth Ward is so beloved.
Potential residents considering Old Fourth Ward will find a variety of converted properties, such as warehouses and lofts that have been turned into homes and businesses. Although the neighborhood of O4W has changed over time, the history and culture have been preserved.
One of the greatest aspects of living in Old Fourth Ward is the proximity to so many delicious dining spots. There are tons of different restaurants in the neighborhood that are complete game-changers. Restaurants worth checking out in O4W include:
- Venkman’s: What makes Venkman’s one of the most coveted restaurant properties in the city is that it combines mouthwatering modern comfort food with handcrafted cocktails in a giant, industrial warehouse space with live music. It does not get much better than that.
- Staplehouse: With artfully prepared plates in a charming building, you will not want to miss this place. Not only does this restaurant provide great food and a comfortable neighborhood feel, but it also gives part of its proceeds to a local nonprofit called The Giving Kitchen.
- Thumbs Up Diner: This place is a vibrant and modern diner that gets nothing but great reviews from visitors. Expect breakfast all day, hamburgers, tacos and more when you own properties nearby.
- Serpas: This warehouse-turned-chic dining staple features a variety of Cajun-inspired fare in a modern atmosphere. Southerners can get their Louisiana-food-fix at this popular restaurant.
- Bantam Pub: This stylish craft cocktail lounge features an eclectic menu. You can have a lamb burger or BBQ chicken bacon sandwich, and pair your meal with an expertly crafted cocktail each time.
The thriving Old Fourth Ward neighborhood should also be considered as the perfect place to live because of its flourishing real estate market. For those looking to find one bedroom apartments, O4W has many places for you to choose from. Apartments begin around $190,000 and go all the way up to $350,000+. Depending on the building, the neighborhood and of course, the amenities, prices for both apartments and houses can get quite expensive. The median sales price for a home in O4W is over half a million dollars at the moment, and well over the national average.
Rental properties in Old Fourth Ward tend to be at the high end as well. There are many luxury apartment buildings, which have been built within the past decade, that offer upscale units at a high monthly cost. For instance, finding a one-bedroom, one-bathroom apartment for less than $1,000 a month will be extremely difficult. In fact, the median rent for a property in Old Fourth Ward is around $2,400 per month.
In Old Fourth, there is never a weekend without an event. A few of the most engaging attractions to check out along and within the perimeter lines of O4W include:
- Martin Luther King Jr National Historic Site
- Joystick Gamebar
- Edgewood Corner Tavern
- Ponce City Market
- Sister Louisa’s Church of the Living Room and Ping-Pong Emporium
- Jackson Street Bridge
- Living Walls
The O4W neighborhood also gets very high marks for walkability, due to the Eastside Beltline Trail, Fourth Ward Park and the Ponce City Market nearby. In fact, Old Fourth Ward has been ranked as the tenth most walkable neighborhoods in Atlanta, with a walk score of 82 out of 100. In addition to being a walkable area, Old Fourth Ward also gets high marks for bike-ability. With a bike score of 84 out of 100, Old Fourth Ward has many established bike lanes, little-to-no hills and a significant amount of residents that commute solely by bike.
For potential residents looking to take public transportation, Old Fourth Ward offers a few options. The Metropolitan Atlanta Rapid Transit Authority (MARTA) has a few stops within the area, with the Atlanta Streetcar being a highlight of the neighborhood as well. In addition, there are around three different bus lines passing through the O4W, and even a bike share docking stations known as RelayRides.
There are three schools in the Old Fourth Ward area ranging from elementary to high school that have good school rankings. These local schools include:
- Hope Hill Elementary School
- Inman Middle School
- Grady High School
It should also be noted that Old Fourth Ward has a low crime rate compared to the rest of Fulton County. The personal and property crimes committed are lower than average in comparison to the rest of Atlanta, with a bulk of the crimes coming from theft and petty crimes. If you choose to view homes here, know that you are looking at a neighborhood that vary rarely experiences violent crimes. However, as in any neighborhood, exercise caution and secure your belongings properly to avoid theft.
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