Views
Address
3927 Wabash Lane, Ellenwood, GA
Price
$ 210,000
Property Attributes
  • MLS#7802374
  • TypeSingle Family
  • Listing Status Pending
  • CountyDekalb
  • CityEllenwood
  • NeighborhoodRiver Run
  • Zip30294
  • StyleOther
  • Year Built1985
  • Taxes$ 4252
  • Price$ 210,000
  • Bedrooms8
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size0.38 Acres
Data Source:
First Multiple Listing Services (FMLS)
Property Description

Options abound for this contemporary, furnished coliving rental. Currently generating over $3,200 per month in rent, you can reposition the property and bring rents up to market for robust returns north of a 12% cap rate. Or, with after repair values north of $300,000, this home could be a great BRRRR or flip. Already operating as a rental and in need of only minor TLC, there are many value-add plays here. Inside, soaring vaulted ceilings greet you, alongside an updated kitchen with granite countertops and white cabinets, updated bathrooms, LVP flooring throughout, and a dedicated laundry room. Outside, a long, wide driveway offers abundant off-street parking, and the large, level backyard is framed by mature trees for privacy. More than $38,500 in rent over the past year means you collect income from day one while you execute your plan. After some modest improvements, pro forma income as a furnished coliving rental runs over 24%+ cash-on-cash ROI even after management fees, north of 30% if you do self-managed co-living. Whether you plan to keep it or reposition it, you have options. Sold as-is. Pro forma and full financials available upon request.

Elementary School Middle School High School
Oak View - DeKalb Elementary School Cedar Grove Middle School Cedar Grove High School
Price History
7/10/2026 Listed $210,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Roof Composition,Shingle
Appliances Dishwasher,Microwave,Refrigerator
Patio/Porch Features None
Architectural Style Other
Pool Features None
Security Features None
Construction Materials Cedar
Year Built 1985
Electric 110 Volts
View Neighborhood,Trees/Woods
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 15 027 01 041
Waterfront Features None
Community Features None
Accessibility None
County Dekalb - GA
Property Type Residential
HOA false
Energy Efficient None
Subdivision Name River Run
Green Energy Generation None
Other Structures None
Full Baths 2
Status Pending
Directions Please use GPS for most accurate driving directions
High School Cedar Grove
City Ellenwood
Body of Water None
Spa Features None
Elementary School Oak View - DeKalb
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 4252
Home Warranty Y/N false
Middle/Junior High School Cedar Grove
Property Condition Resale
Standard Status Pending
Freehold IDX
Corporate Owner None

Interior Features

Interior Amenities High Speed Internet,Other
Basement None
Flooring Laminate
Total Fireplaces 1
Fireplace Features Other Room
Common Walls No Common Walls
Window Features None
Laundry Features Laundry Room
Total Bedrooms 8
Room Type Other
Main Level Bedrooms 8
Main Level Bathrooms 2
Kitchen Features Cabinets White,Stone Counters
Total Baths 2
RoomBedroomFeatures Roommate Floor Plan
Primary Bathroom Features None
Dining Room Features Other

Exterior Features

Exterior Amenities Other
Fencing None
Parking Features Driveway
Lot Features Back Yard,Landscaped,Wooded
Water Source Public
Total Parking 2
Foundation Details Slab
Building Area Total 1782
Lot Dimensions 160 x 100
Lot Size Acres 0.38
Road Surface Type Paved
Lot Size Source Public Records
Road Frontage Type None
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 30294

Statistics provided by Inside Real Estate

Price
AVG $320K
$210K
Taxes
AVG $4,271
$4,252
Year Built
AVG 1998
1985

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