Address
1640 Lakewood Avenue Se, Atlanta, GA
Price
$ 175,000
Property Attributes
  • MLS#10766588
  • TypeSingle Family
  • Listing Status Active
  • CountyFulton
  • CityAtlanta
  • NeighborhoodLakewood Heights
  • Zip30315
  • StyleTraditional
  • Year Built1940
  • Taxes$ 2111
  • Price$ 175,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size0.273 Acres
Data Source:
Georgia MLS (GAMLS)
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!

Elementary School Middle School High School
Slater Elementary School Price Middle School Carver High School
Price History
5/18/2026 Listed $175,000

General Features

Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities None
Roof Composition
Appliances Refrigerator
Association Fee Includes None
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Wood Siding
Year Built 1940
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Community Features None
County Fulton
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Lakewood Heights
Garage Y/N false
Full Baths 4
Status Active
Directions 75 South - Exit 244 - turn left onto GA-54 S/University Ave SW - Turn right onto McDonough Blvd SE - Turn right onto Lakewood Ave SE - The home will be on the left
High School Carver
City Atlanta
Body of Water None
Lot Size Units Square Feet
Lot Size Square Feet 11891.88
Carport Y/N false
Elementary School Slater
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 2111
Home Warranty Y/N false
Middle/Junior High School Price
Property Condition Resale
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Interior Amenities Other
Basement Bath/Stubbed
Flooring Other
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Total Bedrooms 6
Main Level Bedrooms 6
Main Level Bathrooms 4
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Public Records
Above Grade Finished Area Unit Type Square Feet
Total Baths 4

Exterior Features

Parking Features Parking Pad
Lot Features Sloped
Water Source Public
Lot Size Area 11891.88
Foundation Details Slab
Lot Size Acres 0.273
Lot Size Source Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 30315

Price
AVG $340K
$180K
Taxes
AVG $5,398
$2,111
Year Built
AVG 1967
1940

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