1640 Lakewood AVE SE, Atlanta, GA 30315
1640 Lakewood AVE SE, Atlanta, GA 30315
1640 Lakewood AVE SE, Atlanta, GA 30315
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Elizabeth Harvill

Elizabeth Harvill

+1(912) 245-1186
$175,000
Est. payment /mo
0.27 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Multi Family,Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Lakewood Heights

MLS Listing ID 10766586

HOA Y/N No

Year Built 1940

Annual Tax Amount $2,111

Tax Year 2024

Lot Size 0.273 Acres

Acres 0.273

Lot Dimensions 11891.88

Property Sub-Type Multi Family,Triplex

Source Georgia MLS 2

Property Description

This Lakewood Heights property is a unique investor opportunity with mixed-use zoning and flexible uses! While it is technically being called a duplex because it is on 2 meters, the setup lives more like a quadraplex with 4 separate units and 6 total rooms. The current layout includes two studio-style apartments with 1 bedroom and 1 bathroom each, plus two additional 2-bedroom, 1-bath style units, giving you multiple ways to create rental income under one roof. The mixed-use zoning is where this property really gets interesting. You can renovate the current setup and hold it as a rental, reconfigure the existing units, explore live/work potential, or look into future commercial, residential, or multi-unit redevelopment options. This is not just a standard residential property. It gives you room to think bigger, especially in a corridor already seeing new construction and redevelopment. Inside, the property has several key pieces already in place, including multiple kitchens, multiple bathrooms, gas ranges, white cabinetry, updated-looking flooring, and flexible rooms that can be used for bedrooms, living areas, office space, or tenant setups. The covered front porch gives the property character, and the lot gives you additional space to work with. Located right on Lakewood Avenue in Lakewood Heights, this property sits close to Lakewood Amphitheatre, The Ron Clark Academy, and major Atlanta routes. With 4 separate units, 2 meters, mixed-use zoning, and strong upside in a growing Atlanta location, this is the kind of property investors look for when they want options. Don't wait, take a tour today!

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement Partial

Interior

Heating Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features None

Community Features None

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Faces 75 South - Exit 244 - turn left onto GA-54 S/University Ave SW - Turn right onto McDonough BIvd SE - urn right onto Lakewood Ave SE - Turn left onto Richmond Ave SE - The home will be on the right

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Slater

Middle Schools Price

High Schools Carver

Others

HOA Fee Include None

Tax ID 14 005700170228

Special Listing Condition Resale

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Georgia MLS - GAMLS
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1640 Lakewood AVE SE

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Elizabeth Harvill
Elizabeth Harvill

Agent | License ID: 421606

+1(912) 245-1186 | elizabeth.harvill@exprealty.com

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