An Oakland City townhome project billed as “truly affordable” and “affordable BeltLine living” has brought some first-phase units to market this month after a couple years of planning.

Formerly called Tucker Avenue Homes, the 36-unit community has been rebranded as Avenue at Oakland City. It’s located off Murphy Avenue, about four blocks from the BeltLine’s Westside Trail.

The BeltLine’s Murphy Crossing redevelopment site, a potential jobs hub, is located just over the MARTA tracks, and the Oakland City MARTA station is roughly a half-mile south.

Avenue @ Oakland City; designs, Xmetrical

Designed by the Xmetrical firm, the Avenue is being developed by Atlanta Land Trust, the landowner, and Intown Builders, with $1.7-million in grant financing contributed by Invest Atlanta. As with other intown townhome projects backed by Invest Atlanta, marketing materials describe some units as being “permanently affordable” for buyers earning 80 percent or less of the area’s median income.

Initial community meetings about the townhome project were held in early 2019. Plans today show five, two-story residential buildings positioned around a surface parking lot—where additional buildings could rise in the future.  

Phase-one townhomes listed so far each have two bedrooms and two and ½ bathrooms in 1,086 square feet, spread across two stories and bookended by porches. They’re expected to deliver in fall 2022.  

Prices range from $186,000 to $232,800, with $200 monthly HOA fees in both cases, as listed with Keller Williams Realty Intown Atlanta. That’s the difference in asking price for buyers earning 80 percent or 100 percent AMI.

Strict income limits do apply for all households. 

Planned layout for the five-building complex. Avenue @ Oakland City/Invest Atlanta

Larger three-bedroom units are expected to be available later, with prices starting in the low $200,000s.

“Not only do you have the opportunity to purchase at an affordable price,” notes the listing language, “you can also qualify for down payment assistance funds through Invest Atlanta, Atlanta Housing, and Atlanta Neighborhood Development Partnership.”

One catch—if you can call it that—is that all buyers must use one of Atlanta Land Trust’s preferred lenders and attend an information session. 

BeltLine tour guide: Why Murphy Crossing redevelopment is crucial (Urbanize Atlanta)