Address
1640 Lakewood Avenue Se, Atlanta, GA
Price
$ 175,000
Property Attributes
  • MLS#7769559
  • TypeSingle Family
  • Listing Status Active
  • CountyFulton
  • CityAtlanta
  • NeighborhoodLakewood Heights
  • Zip30315
  • StyleTraditional
  • Year Built1940
  • Taxes$ 2111
  • Price$ 175,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size0.2727 Acres
Data Source:
First Multiple Listing Services (FMLS)
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
Thomas Heathe Slater Elementary School Judson Price Middle School G.W. Carver High School
Price History
5/16/2026 Listed $175,000

General Features

Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities None
Roof Composition
Appliances Gas Range,Refrigerator
Patio/Porch Features Covered
Architectural Style Traditional
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Wood Siding
Year Built 1940
Electric None
View Other
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Parcel Number 14 005700170228
Waterfront Features None
Community Features None
Accessibility None
County Fulton - GA
Property Type Residential
HOA false
Energy Efficient None
Subdivision Name Lakewood Heights
Green Energy Generation None
Other Structures None
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 G.W. Carver
City Atlanta
Body of Water None
Spa Features None
Elementary School Thomas Heathe Slater
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 2111
Home Warranty Y/N false
Middle/Junior High School Judson Price
Property Condition Resale
Standard Status Active
Freehold IDX
Corporate Owner None

Interior Features

Interior Amenities Other
Basement Bath/Stubbed
Flooring None
Fireplace Features None
Common Walls No Common Walls
Window Features None
Laundry Features None
Total Bedrooms 6
Room Type Other
Main Level Bedrooms 6
Main Level Bathrooms 4
Kitchen Features Cabinets Other,Laminate Counters
Total Baths 4
RoomBedroomFeatures Other
Primary Bathroom Features None
Dining Room Features Separate Dining Room

Exterior Features

Exterior Amenities None
Fencing None
Parking Features On Street
Lot Features Back Yard
Water Source Public
Foundation Details Slab
Building Area Total 4757
Lot Dimensions x
Lot Size Acres 0.2727
Road Surface Type Paved
Lot Size Source Public Records
Road Frontage Type City Street
Other Equipment None
Horse Amenities None

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

Statistics provided by Inside Real Estate

Price
AVG $340K
$180K
Taxes
AVG $5,526
$2,111
Year Built
AVG 1967
1940

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